Compensation Analyst 1

CAMC Health System•Charleston, WV

3d•Onsite

About The Position

Provides assistance to the System Director of Human Resources Services in designing, implementing, evaluating, and administering an effective compensation program for employees, while ensuring compliance with state and federal compensation regulations. The role maintains market analyses, evaluates compensation data, develops recommendations, supports pay programs, and advises managers on compensation practices and policies. The Compensation Analyst develops and evaluates job descriptions and salary assignments for new or reevaluated positions, assesses FLSA exemption status, monitors salary changes, and implements approved adjustments. The role also conducts departmental audits for Fair Labor Standards Act compliance, presents findings and corrective recommendations to management, and maintains salary programs for organizations with which CAMC has contractual management-service agreements. The position participates in assigned teams and carries out common organizational duties, including required education, customer service, quality improvement, cost-effective work, compliance with policies and procedures, and duties as assigned. A bachelor's degree and three years of related professional experience are required, with specified education and experience substitutions available. Advanced mathematical calculations and statistical analysis skills are required.

Requirements

Bachelor's degree required, subject to the stated substitutions.
Three years of related professional experience required, subject to the stated substitutions.
Ability to perform advanced mathematical calculations and statistical analyses.
Must demonstrate competency through initial orientation and ongoing competency validation to independently perform assigned tasks and duties.
No certification, competency credential, or license required.

Responsibilities

Maintain ongoing market analysis to assess CAMC's competitiveness for positions.
Compile and analyze local, regional, and national compensation data for assigned positions.
Initiate analyses of specific positions based on market data or other needs.
Provide the Director with routine recommendations addressing market concerns.
Analyze survey and other information to recommend development, revision, and maintenance of CAMC's compensation program.
Design, educate, implement, and evaluate approved incentive or supplemental pay programs.
Present HR University programs for department managers on regulations and practices concerning wages, hours, working conditions, and compensation policies.
Continuously update HR University information content and examples.
Maintain a thorough understanding of company policies affecting pay, including compensation, benefits, discipline, and payroll policies.
Serve as the primary contact for department managers regarding pay corrections, compensation policies and procedures, and compliance with federal and state regulations.
Work with department managers to gather information for new-position job descriptions; assign salary and grade or range, evaluate FLSA exemption status, and document findings.
Analyze revised job descriptions and incumbent salaries during job reevaluations and recommend adjustments.
Implement approved adjustments.
Conduct job analyses as needed to understand role duties and responsibilities.
Monitor salary changes for policy adherence.
Conduct departmental audits to assess compliance with the Fair Labor Standards Act.
Present audit findings to management and recommend corrective action for deficiencies or inconsistencies.
Develop and maintain salary programs for institutions and organizations with which CAMC has contractual management-service agreements.
Participate on assigned teams to accomplish department, Human Resources, and system goals.
Maintain and document required education.
Demonstrate positive customer service and coworker relations; comply with attendance policies.
Participate in continuous quality improvement activities and perform work cost-effectively.
Follow departmental pay practices and scheduling policies, including applicable overtime, shift-work, and on-call requirements.
Perform work in alignment with the organization's mission and strategic plan and follow applicable policies and procedures.
Perform related duties as assigned.