Compensation Analyst Sr

CommonSpirit Health•Chicago, IL
•$43 - $64

About The Position

The Senior Compensation Analyst supports CommonSpirit Health compensation programs from plan design through implementation and ongoing administration, serving as a subject matter expert and advisor. The role applies compensation knowledge and analytical methods to support base pay and variable pay decisions and programs, including research, modeling, job evaluation, market pricing, pay grade determination, salary surveys, and related analysis. The position helps ensure compensation programs and practices are competitive, equitable, and compliant with regulatory requirements, and may mentor compensation analysts and specialists or serve as a contact for smaller markets or service lines. The analyst supports the planning, development, and implementation of new and revised compensation programs; provides analytical support for compensation program management; and helps deliver education and communications about programs. The role works with HR and managers on job reviews and salary recommendations, prepares regular and ad hoc reports, participates in special projects, and partners with HR teams and technology colleagues to improve processes and systems and maintain accurate compensation data.

Requirements

  • Bachelor's degree, or five years of related job or industry experience in lieu of a degree.
  • Four years of progressive compensation or analytics experience.

Responsibilities

  • Support the planning, development, implementation, and administration of new and revised compensation programs.
  • Provide analytical support for base pay administration, annual salary increase processes, variable pay programs, special pay practices, and ad hoc compensation projects.
  • Facilitate delivery, education, and communication of compensation programs.
  • Participate in or complete salary surveys, analyze survey results, and assist with designing or revising salary structures.
  • Review new or revised jobs with human resources or managers, conduct job evaluations, determine FLSA status, and provide salary recommendations to support internal equity and market alignment.
  • Prepare regular and ad hoc reports on market compensation data, special pay practices, and internal compensation information.
  • Participate in special projects, including executive compensation analysis, labor negotiations support, and merger and acquisition activities.
  • Partner with HR COEs, HR Technology, and other colleagues to continuously improve compensation processes and technology.
  • Identify issues and concerns and offer potential solutions.
  • Ensure the accuracy of compensation-related data maintained in company information systems and databases.
  • Consult with leaders on compensation issues and mentor or guide compensation analysts and specialists.
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