Senior Compensation Analyst

Compassus; United States; Remote; USD 60 000 - 100 000; Full time

Job summary

An established industry player is seeking a Senior Compensation Analyst to join their team. This role is pivotal in analyzing, designing, and administering compensation programs, ensuring compliance with regulations, and advising stakeholders on pay decisions. The ideal candidate will possess strong mathematical and communication skills, along with extensive experience in compensation practices. You'll work closely with various departments to create effective compensation strategies that support the company's values of compassion, integrity, and excellence. Join a diverse and inclusive workplace where your contributions will be valued and respected.

Qualifications

• Bachelor’s degree in Human Resources or equivalent experience preferred.
• 8+ years of experience in Compensation can substitute for a degree.

Responsibilities

• Analyze and administer employer compensation programs including base and incentive pay.
• Advise leaders on effective pay decisions using market trends and salary planning tools.

Skills

Mathematical Skills

Written Communication

Verbal Communication

Knowledge of HR Laws

Education

Bachelor’s degree in Human Resources

8+ years of experience in Compensation

Tools

Market Pricing Software

Workday

Samanage Ticketing System

Job description

Company:

Compassus

Position Summary

The Senior Compensation Analyst is responsible for modeling the 3 Company values of Compassion, Integrity, and Excellence, and for promoting the Compassus philosophy, using the 6 Pillars of success as the foundation. S/he is responsible for upholding the Code of Ethical Conduct and for promoting positive working relationships within the company, among all departments, and all external stakeholders. The Senior Compensation Analyst analyzes, designs, and administers employer compensation programs, including base pay and incentive pay. S/he evaluates jobs, determines pay grades, participates in compensation surveys, and performs associated analysis.

Position Specific Responsibilities

1. Applies knowledge and information of the marketplace, developments and trends related to the Compensation function in various environments, to advise leaders on making effective pay decisions.
2. Utilizes various salary planning tools and methods, job evaluation techniques, and market salary trends; ability to design and implement salary programs.
3. Advises stakeholders on federal, state, and local laws and on laws and regulations affecting Compensation practices.
4. Uses incentive planning tools, techniques, and procedures; develops and implements incentive and rewards programs.
5. Provides guidance and advice on compensation policies, pay decisions, wage and hour regulations, and creative solutions for specific compensation issues.
6. Works with lines of business in the design and administration of incentive plans, including the complex financial analysis needed for the calculation and processing of bonus payments.
7. Oversees the administration of annual compensation reviews and bonus cycles, working in tandem with business leaders to ensure seamless overall performance review process.
8. Using market pricing software, assists in preparing analysis and interpretation of external market information for development and maintenance of salary ranges.
9. Completes ad hoc market pricing requests from corporate and field HR personnel.
10. Assists leaders and HR personnel in writing job descriptions.
11. Creates, analyzes, and provides reporting to Executive Management regarding incentive payments, pay increases, etc.
12. Ensures compensation pay plans are in compliance with federal/state wage and hour regulations.
13. Utilizes compensation-related databases and systems that support compensation programs throughout the organization.
14. Collaborates with HRIS and HRBP teams to provide Workday system support including job changes, compensation changes, managing job profiles and job descriptions.
15. Manages the Samanage ticketing system for Compensation.
16. Creates workflow processes to streamline, enhance, and ensure compliance for all business processes.
17. Performs other duties as assigned.

Education and/or Experience

• Bachelor’s degree in Human Resources or related field preferred.
• Equivalent experience in Compensation of eight (8) or more years may be accepted in lieu of a degree.

Skills

• Mathematical Skills: Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percentage.
• Language Skills: Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from leaders, colleagues, investors, and external parties. Strong written and verbal communications.
• Other Skills and Abilities: Ability to understand, read, write, and speak English. Articulates and embraces hospice philosophy. Knowledge in human resource laws (i.e., FLSA), regulations, and best practices.

Certifications, Licenses, and Registrations

• PHR/SHRM-CCP preferred.

Physical Demands and Work Environment

The demands of this role necessitate a team member to effectively perform essential functions. Adaptations can be made to accommodate team members with disabilities. Regular standing, walking, and manual dexterity are fundamental, along with the ability to lift and move objects up to 25 pounds. Visual acuity requirements include close and distance vision, color and peripheral vision, depth perception, and the ability to adjust focus. This description provides a general overview and may vary by role and department, capturing the nuanced demands and conditions inherent to positions in our organization.

At Compassus, including all Compassus affiliates, diversity, equity, and inclusion are fundamental to our Pillars of Success. We are committed to creating a fair work environment where our team members feel welcomed, highly valued, and respected. As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.