Senior Compensation Analyst

Overlake; Bellevue (WA); Hybrid; USD 116,355 - 174,533; Full time

Benefits offered by this job

Medical insurance premiums as low as $0

Tuition reimbursement up to $10,000

Generous retirement plan matching

Job summary

Overlake in Bellevue, WA is seeking a Senior Compensation Analyst responsible for designing and administering compensation programs. The role emphasizes market analysis and effective collaboration with HR and leadership.

Applicants should have strong experience in compensation analysis, particularly with Workday, and a bachelor's degree. The position offers a hybrid work environment after training and a competitive pay scale.

Qualifications

• 5 years of compensation analysis experience required.
• Proven ability to handle confidential information.
• Strong analytical skills and proficiency in HRIS systems.

Responsibilities

• Support design and administration of compensation programs.
• Conduct ongoing market analysis for salary adjustments.
• Partner with recruiting to develop competitive offers.

Skills

Compensation analysis

Workday

Market benchmarking

Analytical skills

Communication skills

Education

Bachelor’s degree or equivalent

Tools

Excel

Job description

Welcome to a medical center where you're the center of attention.

Pay range: $116,355.00 - $174,533.00

We are seeking a Senior Compensation Analyst to support the design, administration, and continuous improvement of our compensation programs. This role plays a key part in ensuring our pay practices remain competitive, equitable, and aligned with organizational goals, while supporting a complex healthcare workforce.

The ideal candidate brings strong expertise in compensation analysis, Workday, and market benchmarking, along with the ability to partner effectively across HR, leadership, and recruiting.

Schedule

Exempt Monday - Friday

Hybrid after training period - WA residence

What You’ll Do

• Support the design, implementation, and administration of compensation programs and incentive plans that are aligned with organizational strategy, market competitiveness, and regulatory requirements.
• Conduct ongoing market analysis, using salary surveys and industry data to ensure competitive positioning for annual increases, market adjustments, and merit planning.
• Partner with recruiting team to develop competitive and equitable offer recommendations.
• Serve as a Workday subject matter expert for compensation processes and reporting.
• Conduct job evaluation for new and existing roles, with a focus on hourly positions.
• Partner with HR, Payroll, and business leaders to provide guidance on pay decisions, compensation policies, market competitiveness.
• Manage participation in salary surveys and analyze results to identify trends.
• Ensure compliance with applicable labor laws and compensation regulations (including FLSA, pay transparency regulations, etc.).
• Provide occasional support for benefits-related initiatives, including data analysis, vendor coordination, or program administration as needed.
• Collaborate with Total Rewards team to ensure alignment across compensation and benefits programs.

What you bring

Required

• Bachelor’s degree or equivalent combination of education and experience.
• Minimum of five years’ compensation analysis experience.
• Strong analytical skills with advanced Excel capabilities and attention to detail.
• Experience working with HRIS systems (Workday strongly preferred).
• Solid understanding of compensation principles, market benchmarking, and pay structures.

Preferred

• Healthcare industry experience strongly preferred.
• Professional certification (CCP, PHR, SPHR, or similar).
• Experience supporting union environments or labor negotiations.
• Exposure to or experience supporting employee benefits programs.

Key Skills & Attributes

• Ability to manage multiple priorities in a fast-paced environment.
• Strong communication skills with ability to influence and partner across all levels of the organization.
• High level of discretion and ability to handle confidential information.

Why join Overlake?

We're proud to offer benefits that support you in every stage of your career and life. But it's our inspirational culture that has made us one of America's Top 150 places to work in healthcare for several years in a row.

• Local, visible leaders who care about you.
• A values-based work environment.
• Medical insurance premiums as low as $0 per month.
• Many Overlake services covered at 100%.
• Tuition reimbursement up to $10,000 per year.
• Generous retirement plan matching starting at 5% and increasing to 7% after five years with immediate vesting.
• Pre-tax and Roth after tax retirement savings plans.
• An expanded Employee Assistance Program.
• A caregiver support program to help with everything from childcare to eldercare.
• Free parking and Orca transit passes.

If this sounds like an environment where you'll thrive, we'd love to hear from you.

How much will this job pay?

Posted pay ranges represent the entire pay scale, from minimum to maximum. For jobs with more than one level, the posted range reflects the minimum of the lowest level and the maximum of the highest level. Some positions also offer additional pay based on shift, certification or level of education. Job offers are determined based on a candidate's years of relevant experience and internal equity. If you have questions about Overlake's pay practices, employee benefits or the pay for a specific position, please contact [e-mail]