Senior Compensation Analyst

Mayo Clinic; Rochester (MN); Remote; USD 91,000 - 128,000; Full time

Job summary

An established industry player is seeking a Compensation Analyst to lead compensation support through design and analytics. This role involves conducting comprehensive compensation analyses to ensure equity and competitiveness across clinical and non-clinical roles. You will design and maintain compensation structures aligned with organizational goals while collaborating with HR and Talent Acquisition. This position offers the opportunity to work remotely from anywhere in the U.S., providing a flexible work environment. Join a team dedicated to putting the needs of employees first, with a focus on career advancement and competitive benefits.

Benefits

Medical Plan Options

Dental Coverage

Vision Plan

Pre-Tax Savings Accounts

Retirement Package

Qualifications

• 5+ years of experience in compensation analysis and design.
• Strong knowledge of compensation laws and regulations.

Responsibilities

• Conduct comprehensive compensation analyses for internal equity.
• Design and maintain compensation structures aligned with industry standards.
• Use advanced Excel for complex compensation data analytics.

Skills

Data Modeling

Compensation Analysis

Advanced Excel Skills

Data Visualization

Compliance Monitoring

Education

Bachelor's Degree in Human Resources

Certification in Compensation

Tools

PowerBI

Job description

Why Mayo Clinic

Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans – to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic.

Benefits Highlights

• Medical: Multiple plan options.
• Dental: Delta Dental or reimbursement account for flexible coverage.
• Vision: Affordable plan with national network.
• Pre-Tax Savings: HSA and FSAs for eligible expenses.
• Retirement: Competitive retirement package to secure your future.
  
  

Responsibilities

Performs the highest level of compensation support through design, analytics, and execution of new and existing pay program(s) and practices. Through the use of a data-driven approach, may use data modeling and consultative compensation services such as: designs pay program(s) and practices to meet the organization’s needs, creates business processes to bring program(s) and practices into operation, collaboratively completes job evaluations/market pricing, large scale department reorganizations, and equity reviews. May conduct scenario analysis and simulations to evaluate the impact of strategic initiatives.

• Conduct comprehensive compensation analyses to ensure internal equity and external competitiveness across assigned client groups in clinical and non-clinical roles. Evaluate job descriptions and perform job evaluations to determine appropriate classification and salary levels.
• Design, implement, and maintain compensation structures (salary ranges) that are aligned with organizational goals and healthcare industry standards.
• Partner and consult with HR Partners and Talent Acquisition to provide compensation guidance on job offers, promotions, and organizational changes.
• Participates in projects and leads large scale project work. Uses advanced Excel skills to perform and present complex compensation data analytics.
• Monitor and interpret federal, state, and local compensation laws and regulations to ensure compliance.
• Develop and deliver compensation-related training and communication materials for HR and leadership teams.
• May develop and maintain data models that support strategic decision-making and business planning. Translates complex business problems into analytical frameworks and data-driven solutions. May involve cleaning, transforming, automating and validating large datasets. May create data visualizations through dashboards, reports, and presentations using tools like PowerBI.
• May support executive compensation and/or international compensation initiatives as needed.
  
  

Qualifications

Bachelor's degree in human resources, business, or related field. Five years of related experience required. Compensation specific experience and certification preferred.

Exemption Status

Exempt

Compensation Detail

$91,000 - $127,400 / year

Benefits Eligible

Yes

Schedule

Full Time

Hours/Pay Period

80

Schedule Details

M-F, business hours. This position may work remotely from any location within the U.S.

Weekend Schedule

As needed

International Assignment

No

Site Description

Just as our reputation has spread beyond our Minnesota roots, so have our locations. Today, our employees are located at our three major campuses in Phoenix/Scottsdale, Arizona, Jacksonville, Florida, Rochester, Minnesota, and at Mayo Clinic Health System campuses throughout Midwestern communities, and at our international locations. Each Mayo Clinic location is a special place where our employees thrive in both their work and personal lives. Learn more about what each unique Mayo Clinic campus has to offer, and where your best fit is.

Equal Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Learn more about the "EOE is the Law" . Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.

Recruiter

Jessica Gartner