Senior Compensation Analyst

Overlake Hospital Medical Center; United States; On-site; USD 70,000 - 90,000; Full time

Job summary

Overlake Hospital Medical Center seeks a Senior Compensation Analyst to enhance compensation programs. Responsibilities include designing compensation strategies and conducting market analyses to ensure competitiveness.

The ideal candidate will possess at least five years of compensation analysis experience, strong analytical skills, and advanced knowledge of Workday. A relevant degree and a professional certification are preferable.

Qualifications

• Minimum of five years’ compensation analysis experience.
• Strong analytical skills with advanced Excel capabilities and attention to detail.
• Professional certification (CCP, PHR, SPHR, or similar).

Responsibilities

• Support the design, implementation, and administration of compensation programs.
• Conduct ongoing market analysis to ensure competitive positioning.
• Partner with HR and business leaders to provide guidance on pay decisions.

Skills

Analytical skills

Excel capabilities

Compensation principles understanding

HRIS systems experience

Education

Bachelor’s degree or equivalent combination of education and experience

Tools

Workday

Job description

Senior Compensation Analyst

We are seeking a Senior Compensation Analyst to support the design, administration, and continuous improvement of our compensation programs.

Key Responsibilities

• Support the design, implementation, and administration of compensation programs and incentive plans 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 the 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, focusing on hourly positions.
• Partner with HR, Payroll, and business leaders to provide guidance on pay decisions, compensation policies, and 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 the Total Rewards team to ensure alignment across compensation and benefits programs.

Required Qualifications

• 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.
• Professional certification (CCP, PHR, SPHR, or similar).