Compensation Analyst

Carenest Health Services • Elmira, NY

1d

About The Position

The Compensation Analyst partners closely with HR Business Partners, Talent Acquisition, Finance, and organizational leaders to provide strategic compensation guidance, support workforce planning initiatives, and inform compensation-related decision making. The role conducts market studies and benchmarking, evaluates jobs and classifications, develops compensation analytics and reports, and advises stakeholders on compensation programs and pay decisions. It also supports compliance, governance, process improvements, annual compensation cycles, audits, HR system updates, and special projects.

Requirements

• Bachelor's degree in Human Resources, Business Administration, Finance, Statistics, Economics, or a related field.
• 3–5 years of progressive compensation, total rewards, HR analytics, or related experience.
• Advanced proficiency in Microsoft Excel, including complex formulas, data analysis, pivot tables, and reporting.
• Experience conducting market pricing, job evaluations, salary administration, and compensation analysis.
• Ability to communicate complex data and recommendations to leaders and stakeholders.

Nice To Haves

• SHRM-CP or CEBS certification, or equivalent.
• Healthcare industry compensation experience.
• Experience with HRIS, compensation management platforms, workforce analytics tools, and data visualization software.

Responsibilities

• Conduct comprehensive market studies, benchmark roles using survey data, and develop recommendations that balance internal equity, external competitiveness, and compensation best practices.
• Lead job evaluation and classification activities by assessing job content, reviewing job descriptions, determining appropriate salary grades, and ensuring adherence to compensation frameworks and regulatory standards.
• Develop and deliver compensation analytics, including compa-ratio reviews, pay equity assessments, workforce modeling, and forecasting.
• Support the design, implementation, and administration of compensation programs and initiatives.
• Provide strategic compensation consultation to HR Business Partners and leaders, translating data insights into actionable recommendations and advising on pay decisions, workforce changes, and organizational restructuring.
• Ensure compliance with federal, state, and internal compensation policies; advance process improvements; support annual merit and market adjustment cycles; and maintain data integrity across HR systems.
• Support compensation audits and develop recommendations to mitigate organizational risk.
• Support benefit system updates and broader HR initiatives as assigned.

What This Job Offers

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