Compensation Analyst

SCP Health•Atlanta, GA

27d•Onsite

About The Position

At SCP Health, what you do matters. As part of the SCP Health team, you have an opportunity to make a difference. At our core, we work to bring hospitals and healers together in the pursuit of clinical effectiveness. With a portfolio of over 8 million patients, 7500 providers, 30 states, and 400 healthcare facilities, SCP Health is a leader in clinical practice management spanning the entire continuum of care, including emergency medicine, hospital medicine, wellness, telemedicine, intensive care, and ambulatory care. The Senior Compensation Analyst is responsible for the day-to-day administration and analytic support of various compensation plans, programs, and processes. The Senior Compensation Analyst conducts analysis and interpretation related to the organizations’ compensation programs for specialized areas of Total Rewards with a focus on compensation design, management, and analysis. Core Values: Agility: Identify opportunity to improve a process and quickly formulate a plan to invoke changes to the process Respect: Treat others with courtesy and professionalism. Courage: Willingness to speak up for inefficacies and inequity in compensation. Willingness to change established practices Collaboration: Work with all managers throughout the organization to educate and foster growth and development in employees

Requirements

Excellent verbal and written communication skills.
Ability to collaborate with team members.
Advanced Excel expertise. Strong analytical ability and spreadsheet usage; synthesize large amounts of data and translate into meaningful information; use analysis to drive change.
Strong detail orientation required.
Excellent analytical and quantitative skills.
Strong level of personal organization and time management skills.
BA/BS degree in mathematics, human resources, business, management or finance preferred
5+ years of progressive compensation experience
3 + years administration of Merit and Bonus Plan experience required
Market adjustment cost analysis experience required

Nice To Haves

Workday experience preferred
CCP preferred

Responsibilities

Evaluates the organizations’ jobs, analyzing the documented responsibilities and requirements in job descriptions.
Conducts market analysis of jobs, to determine competitive positioning of the organizations pay programs, and makes recommendations for base pay structures, market adjustments, and variable pay programs.
Leads the day to day administration of compensation administration programs, including salary structure creation, maintenance, and development of incentive or salary increase budgets.
Participates in administration of annual performance management, incentive, or salary programs.
Benchmark reviews of larger groups as necessary
Assist in managing the day-to-day administration of the equity compensation programs
Evaluate job is the market and assist with the development of market compensation guides for various segments of the business.
Research and maintain best compensation practices
Assist in maintaining compensation compliance on a national basis and have strong understanding of the various rules and regulations (FLSA, gender pay, over-time, leave of absence etc.)
Maintain salary pay ranges
Ensure compensation practices and programs reflect inclusion and diversity
Assist in incentive plan administration including configuration in Workday, payout calculations and partnering with Finance
Support the implementation of new compensation and Merit processes within Workday
Assist with the creation of training materials and communications for compensation programs
Assist with Compensation 101 training for Managers and employees
Assist with the Bonus Plan calculations and configuration in Workday
Participate in salary survey submissions
Assists in developing and providing compensation metrics and analytics to Senior Leadership.