Compensation Analyst

Sentara Hospitals • Virginia Beach, VA

5d • Onsite

About The Position

The Compensation Analyst helps design, budget, implement, and report on compensation policies and practices in support of attracting, retaining, and engaging colleagues. The role uses an understanding of the organization’s strategy and operational model and collaborates with compensation leadership, organizational leadership, and human resources business partners to understand business needs and incorporate research and market data.

The analyst reviews salary market data to assess competitiveness, identify trends, and inform compensation strategy. The role also provides specialized compensation insights to Talent Acquisition and may advise on promotional opportunities, employee readiness, and pay. Additional work includes contributing to job-level and role hierarchies, administering bonus plans tied to individual and company performance, and supporting stakeholders with merit and other compensation practices. Strong knowledge of HRIS/payroll systems, Microsoft Office, and Excel skills for complex spreadsheets are required.

Requirements

• Bachelor's-level degree.
• One year of compensation experience, or an accounting or finance background in lieu of compensation experience.
• Strong knowledge of HRIS/payroll systems.
• Knowledge of Microsoft Office Suite.
• Strong Excel skills and ability to work with complex spreadsheets.

Nice To Haves

• Broad-based compensation experience.
• Workday experience.
• Candidates in the Virginia Beach geographic area are strongly preferred.

Responsibilities

• Analyze salary market data from multiple sources to assess competitiveness, identify trends, and inform compensation strategy.
• Provide compensation insights to the Talent Acquisition Team to support attractive offers to prospective colleagues.
• Advise on promotional opportunities, including employee readiness and pay.
• Contribute input to defining job levels and roles and placing them within organizational hierarchies.
• Administer bonus plans aligned with organizational performance goals and individual and company performance.
• Support stakeholders in administering merit and other compensation practices.

Benefits

• Medical, dental, and vision plans.
• Adoption, fertility, and surrogacy reimbursement up to $10,000.
• Paid time off, sick leave, and holidays.
• Paid parental and family caregiver leave, as well as paid military leave.
• Emergency backup care.
• Long-term and short-term disability and critical illness plans.
• Life insurance.
• 401(k)/403(b) with employer match.
• Tuition assistance up to $5,250 per year and discounted educational opportunities through Guild Education.
• Student debt pay down up to $10,000 and educational assistance or student loan repayment.
• Pet insurance.
• Legal resources plan.
• Opportunity to earn an annual discretionary bonus, subject to established system and employee eligibility criteria.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level