Compensation Analyst

RWJBarnabas Health; New Jersey; On-site; USD 75,000 - 105,000; Full time

Benefits offered by this job

Paid Time Off

Retirement Plans

Medical Insurance

Dental and Vision Insurance

Parental Leave

Job summary

RWJBarnabas Health is seeking a Data Analyst to support compensation programs and data integrity for annual planning. You will manage salary survey submissions, analyze market data and prepare compensation profiles, ensuring internal equity and external competitiveness.

The role requires strong Excel skills, attention to detail, and the ability to handle multiple projects within a larger compensation team. Collaboration with Talent Acquisition and Benefits is essential, with opportunities to

Qualifications

• BS Degree in Human Resources Management or a relevant discipline.
• A minimum of 4 years of experience in Compensation, financial analysis or related area preferred.
• CCP certification is preferred.
• Ability to manage projects of varying complexity.
• Attention to detail.
• Strong Excel skills.
• Highly analytical; ability to leverage and analyze data.

Responsibilities

• Accountable for the salary survey submission process
• Tracks surveys and due dates
• Prepares compensation profiles, position matches and data compilation for salary survey submission
• Supports the annual market pricing process; analyzes salary survey results to assess market competitiveness and effectiveness of pay related programs
• Makes recommendations based on data and analysis
• Supports the job evaluation process by conducting job description evaluations
• Places jobs within the system compensation structure to ensure market competitiveness and internal equity
• Builds and maintains annual compensation calendar
• Partners with the compensation team on key projects and milestones
• Collaborates with Benefits & Retirement to determine overlaps and leverage synergies
• Develops pay adjustment, promotional or developmental increase, and hiring range recommendations
• Works with Talent Acquisition to develop candidate offers
• MSP requests as point person
• Responds to inquiries and collaborates with team to provide responses
• Compiles and analyzes data to support HR needs (e.g., union negotiations, bonuses, transfers)
• Performs special projects and ad-hoc research as needed

Skills

Analytical thinking

Project management

Education

BS in HR Management

Tools

Excel

Job description

Job Title

Data Analyst

Job Summary

Supports the design, implementation and administration of compensation programs and policies. Serves as the analytical backbone of the Compensation Team. Responsible for the integrity of external market data and the smooth operation of the annual compensation planning process.

Responsibilities

• Accountable for the salary survey submission process
• Tracks surveys and due dates
• Prepares compensation profile, position matches and data compilation for salary survey submission
• Supports the annual market pricing process; analyzes salary survey results to assess market competitiveness and effectiveness of pay related program
• Makes recommendations based on data and analysis
• Supports the job evaluation process by conducting job description evaluations
• Appropriately places/slots jobs within the system compensation structure to ensure external market competitiveness and internal equity
• Builds & maintains annual compensation calendar
• Partners with the compensation team to organize key projects and milestones throughout the year
• Partners with Benefits & Retirement to determine any overlaps and leverage synergies
• As requested, conducts market analysis for individual employees/titles and develops recommendations for pay adjustments, promotional or developmental increases, and hiring ranges
• Will work with Talent Acquisition to develop candidate offers
• Point person for MSP (My Service Portal) requests
• Responds to inquiries in a timely fashion and collaborates with other members of the compensation team, as needed, to ensure appropriate responses
• Compile, analyze, interpret and/or process data to support HR needs
• Including, but not limited to -- union negotiations, bonus payouts, year-end transfers, and mass pay rate adjustments
• Performs special projects as assigned, may include ad-hoc research, analysis and conducting surveys in order to provide guidance on current and future Compensation programs

Qualifications

• BS Degree in Human Resources Management or a relevant discipline required
• A minimum of 4 years of experience in Compensation, financial analysis, or other related experience preferred
• CCP certification is preferred
• Ability to manage projects of varying complexity
• Attention to detail
• Strong Excel skills
• Highly analytical; ability to leverage and analyze data

Benefits

• Paid Time Off including Vacation, Holidays, and Sick Time
• Retirement Plans
• Medical and Prescription Drug Insurance
• Dental and Vision Insurance
• Disability and Life Insurance
• Paid Parental Leave
• Tuition Reimbursement
• Student Loan Planning Support
• Flexible Spending Accounts
• Wellness Programs
• Voluntary Benefits (e.g., Pet Insurance)
• Community and Volunteer Opportunities
• Discounts Through our Partners such as NJ Devils, NJ PAC, and Verizon
• …and more!

Equal Opportunity Employer

RWJBarnabas Health is an Equal Opportunity Employer.