Compensation Analyst

Sentara Health•Virginia Remote, VA
•$80,954 - $119,912•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 applies knowledge 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 use research and market data to inform compensation work. The analyst reviews salary market data to assess competitiveness, identifies trends across large datasets, and applies findings to the organization’s compensation strategy. The role provides specialized compensation insights to the Talent Acquisition Team when developing offers for prospective colleagues and may advise on promotional opportunities, employee readiness, and pay. It also contributes to job-level and role hierarchies, administers bonus plans tied to individual and company performance, and supports stakeholders with merit and other compensation practices. The position is based in Norfolk, Virginia, on the first (day) shift. The listed base pay range for full-time employment is $80,953.60–$119,912.00 annually. Compensation may vary based on qualifications, experience, location, market conditions, and business needs; additional compensation may be available through differentials, premiums, incentives, or bonus opportunities.

Requirements

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

Nice To Haves

  • Broad-based compensation experience is strongly preferred.
  • Workday experience is preferred.

Responsibilities

  • Analyze salary market data from various sources, identify trends, and assess the organization’s compensation competitiveness.
  • Use market research and insights to inform compensation strategy and work products.
  • Collaborate with business stakeholders and provide compensation insights to help the Talent Acquisition Team develop attractive offers for prospective colleagues.
  • Provide input on promotional opportunities, including employee readiness and pay.
  • Contribute input to job levels, roles, and organizational job hierarchies.
  • Administer bonus plans aligned with organizational performance goals and individual and company performance.
  • Support stakeholders in administering merit and other compensation practices.
  • Participate in designing, budgeting, implementing, and reporting on compensation policies and practices.

Benefits

  • Medical, dental, and vision plans.
  • Adoption, fertility, and surrogacy reimbursement up to $10,000.
  • Paid time off and sick leave.
  • Paid parental and family caregiver 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.
  • Pet insurance.
  • Legal resources plan.
  • Opportunity to earn an annual discretionary bonus, subject to established system and employee eligibility criteria.
  • Paid holidays.
  • Paid military leave.
  • Educational assistance or student loan repayment.
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