Compensation Analyst (On-Site, Mattoon, IL)

Sarah Bush Lincoln

7d•$66,768 - $103,501•Onsite

About The Position

The Compensation Analyst administers, supports, and continuously improves compensation policies, practices, and processes, with a focus on cost and efficiency. The role supports compensation cycles and day-to-day activities, plans and maintains salary structures, participates in compensation surveys and projects, and develops a thorough understanding of HR data structures, metrics, processes, and tools. The analyst creates and customizes metrics, trend analyses, statistical data, analytics, summaries, visual representations, and special reports using HRIS systems, Excel, and other applications. The role identifies HR reporting needs and partners across departments, including Information Systems and Payroll. It also works with HR business partners, recruiters, managers, and operations to provide compensation guidance and reporting that supports business decisions. Department: Human Resources. The position is on-site in Mattoon, Illinois, and is scheduled Monday through Friday, 8:00 a.m. to 4:30 p.m., for 40 hours per week. Compensation is based on experience, with an estimated range of $66,768.00 to $103,500.80 and a starting amount of $66,768.00.

Requirements

Bachelor's degree required.
Exceptional verbal, listening, written, and presentation skills.
A consistent track record of working as part of a collaborative team.

Responsibilities

Administer the compensation function to promote an effective, equitable, and competitive compensation program for Health System staff.
Assist leaders with interpreting and administering policy; stay current with applicable labor law and advise managers to support compliance.
Build compensation-related analytics concerning pay parity and distribution.
Conduct market research and analysis to derive insights and recommendations.
Consult with HR business partners, recruiters, and managers on compensation matters using a data-driven approach.
Develop recommendations for compensation programs, assist with implementation, and recommend modifications or improvements.
Drive the annual compensation planning process end to end, including salary and equity plan design, leader training, and communication to leaders and employees.
Ensure practices, programs, and processes comply with federal and state requirements, including FLSA, DOL, ERISA, FMLA, ADAAA, and COBRA.
Partner with HR and Operations to deliver HR reporting and trend analysis that support business outcomes and decisions.
Partner with the recruiting team on new-hire compensation offers, best practices, market-trend analysis, decline analysis, and offer negotiations.
Maintain job descriptions and lead the job analysis function.
Create and customize HR metrics, trends, statistical data, analytics, summaries, graphical representations, and special reports using HRIS systems, Excel, and other applications.
Identify HR reporting needs and partner with Information Systems, Payroll, and other areas.
Participate as a collaborative team member.