Compensation Analyst
Sentara Health•Virginia Remote, VA
•Onsite
About The Position
Through a deep understanding of the organization’s strategy and operational model, the Compensation Analyst is involved in designing, budgeting, implementing, and reporting on compensation policies and practices to ultimately attract, retain and engage colleagues. The Compensation Analyst will collaborate with compensation leadership, organizational leadership and human resources business partners to understand business needs while incorporating research and market data to inform the work product.
Requirements
- High level knowledge of HRIS/payroll systems
- Microsoft Office Suite
- Strong Excel user skills with the ability to work with complex spreadsheets is required.
- 1 year of compensation experience
- Broad based Compensation experience
- Accounting or Finance background (in lieu of comp experience).
- Work day experience (preferred)
- Strong Excel skills
Nice To Haves
- Broad Based Compensation experience is strong preferred
Responsibilities
- Reviewing market data: Analyze data from various salary market sources to ensure the organization’s compensation is competitive in the relevant market. This crucial task involves the intake of large amounts of data, spotting trends, and applying those insights to the organization’s compensation strategy.
- Collaborating with business stakeholders: Provide specialized insights that enable the Talent Acquisition Team to offer attractive compensation packages to prospective colleagues. The Compensation Analyst may also be consulted on promotional opportunities for both employee readiness and pay.
- Supporting job hierarchies: Share input in defining the various job levels and roles across the organization and positioning them within a hierarchical structure.
- Bonus plans: Administer bonus plans that align with the organization’s performance goals and motivate and reward employees based on both individual and company performance.
- Administering merit: Responsible for supporting various stakeholders in administering merit and other compensation practices.
Benefits
- Medical, Dental, Vision plans
- Adoption, Fertility and Surrogacy Reimbursement up to $10,000
- Paid Time Off and Sick Leave
- Paid Parental & Family Caregiver Leave
- Emergency Backup Care
- Long-Term, Short-Term Disability, and Critical Illness plans
- Life Insurance
- 401k/403B with Employer Match
- Tuition Assistance – $5,250/year and discounted educational opportunities through Guild Education
- Student Debt Pay Down – $10,000
- Reimbursement for certifications and free access to complete CEUs and professional development
- Pet Insurance
- Legal Resources Plan
- Colleagues have the opportunity to earn an annual discretionary bonus if established system and employee eligibility criteria is met.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
