Senior Labor Structure and Cost Analyst

Franciscan Alliance, Inc.; United States Virgin Islands; Hybrid; USD 90,000 - 130,000; Full time

Job summary

Franciscan Health in Indiana is seeking an analytically curious Senior Labor Structure and Cost Analyst to join the Compensation Center of Excellence. You will use workforce, financial, productivity, and organizational data to identify trends, investigate variances, and uncover drivers of labor cost.

This role connects data across HR, payroll, finance, and operations to help leaders understand what is happening, why, and where opportunities exist.

Qualifications

• Bachelor’s Degree in Statistics, Business Analytics, Data Science, Finance, or a related analytical field.
• Master’s Degree in Statistics, Business Analytics, Data Science, Finance, or a related analytical field (preferred).
• 5 years progressively responsible experience in financial analysis, labor cost analytics, workforce analytics, healthcare finance, compensation, productivity analysis, or related analytical field; including experience analyzing complex data sets, integrating information across enterprise systems, and translating findings into business insights.
• Advanced Excel and experience with BI or advanced analytical tools. Experience integrating information from HR, payroll, finance, budgeting, productivity, or workforce management systems.
• Ability to work a hybrid schedule with ability to come onsite when needed at one of our closest Indiana locations to you

Responsibilities

• Turn data into insight by analyzing wage and labor costs to identify trends, variances, anomalies, and potential root causes.
• Connect compensation, workforce, financial, budget, productivity, vacancy, and organizational data to develop a more complete picture of labor performance.
• Shape smarter workforce structures by evaluating span of control, organizational layers, management ratios, job mix, hierarchy, and other structural measures against benchmarks.
• Dig into labor cost drivers by examining wages, premium labor, overtime, differentials, traveler utilization, staffing mix, vacancies, and budget relationships.
• Build meaningful analytics by developing models, scenarios, dashboards, and repeatable analytical tools for actionable workforce insights.
• Investigate the 'why' to distinguish compensation-related impacts from budget, staffing, productivity, or operational factors.
• Partner across the organization with Compensation leadership and Finance, Productivity, HR, and subject matter experts to validate data and strengthen analysis.
• Support decisions that matter by translating findings into clear visualizations and executive-level materials.
• Help build the future by contributing to an integrated workforce analytics capability within the Compensation Center of Excellence.

Skills

Analytical thinking

Problem solving

Attention to detail

Communication

Education

Bachelor’s Degree in Statistics/Analytics/Finance

Master’s Degree in Statistics/Analytics/Finance

Tools

Excel

Power BI/Tableau

SAS/SQL/Python

Job description

Flexible Work Location

Flexible Work Location Flexible Work Location, Indiana 46544

WHAT WE NEED

Franciscan Health is looking for an analytically curious problem-solver who wants to go beyond reporting the numbers and help uncover the story behind them.

The Senior Labor Structure and Cost Analyst will join our Compensation Center of Excellence and use workforce, financial, productivity, and organizational data to identify trends, investigate variances, and uncover the factors driving labor cost. From wage variance and workforce structure to span of control, staffing mix, vacancies, and budget alignment, this role connects data across the organization to help leaders better understand what is happening, why it is happening, and where opportunities may exist.

This is an opportunity for someone who enjoys asking the next question, finding patterns others may miss, and turning complex data into meaningful business insights.

WHO WE ARE

Franciscan Health is a leading healthcare organization dedicated to providing exceptional patient care and promoting health and wellness in our communities. With 11 ministries and access points across Indiana, Franciscan Health is one of the largest Catholic healthcare systems in the Midwest. We take pride in hiring coworkers who support our healing ministry and the communities we serve.

WHAT YOU CAN EXPECT

• Turn data into insight. Analyze wage and labor costs to identify trends, variances, anomalies, and potential root causes, not simply report results.

• Connect the dots. Bring together compensation, workforce, financial, budget, productivity, vacancy, and organizational data to develop a more complete picture of labor performance.

• Shape smarter workforce structures. Evaluate span of control, organizational layers, management ratios, job mix, hierarchy, and other structural measures against established benchmarks.

• Dig into labor cost drivers. Examine wages, premium labor, overtime, differentials, traveler utilization, staffing mix, vacancies, cost-center alignment, and position-to-budget relationships.

• Build meaningful analytics. Develop models, scenarios, dashboards, and repeatable analytical tools that help transform complex workforce information into actionable insights.

• Investigate the “why.” Look beyond the initial variance to help distinguish compensation-related impacts from budget, staffing, productivity, operational, or structural factors.

• Partner across the organization. Work with Compensation leadership and collaborate with Finance, Productivity, Human Resources, and operational subject matter experts to validate data and strengthen analysis.

• Support decisions that matter. Translate complex findings into clear visualizations, summaries, and executive-level materials that help leaders understand risks, opportunities, and potential actions.

• Help build the future. Contribute to the continued development of an integrated workforce analytics capability within the Compensation Center of Excellence.

If you are someone who sees a variance and immediately wants to know “why?” , enjoys finding connections across seemingly unrelated data, and can turn analysis into a story leaders can act on, this may be the opportunity for you.

QUALIFICATIONS

• Bachelor’s Degree Statistics, Business Analytics, Data Science, Finance, or a related analytical field. - Required

• Master’s Degree Statistics, Business Analytics, Data Science, Finance, or a related analytical field. - Preferred

• 5 years Progressively responsible experience in financial analysis, labor cost analytics, workforce analytics, business analytics, healthcare finance, compensation, productivity analysis, or a related analytical field; including experience analyzing complex data sets, integrating information across enterprise systems, and translating findings into business insights. Advanced Excel and experience with BI or advanced analytical tools. Experience integrating information from HR, payroll, finance, budgeting, productivity, or workforce management systems. - Required

• 5 years SAS/SQL/Python; Power BI/Tableau; workforce structure, organizational design, span of control, labor expense, productivity, compensation, or budget variance analysis; development of analytical models/scenarios. - Preferred

• Ability to work a hybrid schedule with ability to come onsite when needed at one of our closest Indiana locations to you

TRAVEL IS REQUIRED:

Up to 20%

JOB RANGE:

INCENTIVE:

Not Applicable

EQUAL OPPORTUNITY EMPLOYER

It is the policy of Franciscan Alliance to provide equal employment to its employees and qualified applicants for employment as otherwise required by an applicable local, state or Federal law.

Franciscan Alliance reserves a Right of Conscience objection in the event local, state or Federal ordinances that violate its values and the free exercise of its religious rights.

Franciscan Alliance is committed to equal employment opportunity.

Franciscan provides eligible employees with comprehensive benefit offerings. Find an overview on thebenefit section of our career site, jobs.franciscanhealth.org.