Compensation Consultant I

Encompass Health • Birmingham, AL

3d • Onsite

About The Position

The Compensation Consultant I is an entry level role that provides support and analysis for the compensation department. This position runs routine reports, creates and revises job codes/job titles, conducts maintenance of the department's market pricing database, and updates our department's intranet site. This position participates in annual compensation surveys and supports the department by running market reports. The Consultant I will provide analytical and data support to our hospitals and begin learning the consultative process in order to provide more in-depth support. Due to the involvement with employee salary and/or incentive data, confidentiality must always be maintained.

Requirements

• Bachelor’s degree required, preferably in Finance, Accounting, Economics, or Human Resources; or, a minimum of 4 years of compensation consulting/analysis or human resources experience in lieu of degree.
• Ability to understand complex data and analysis using mathematical skills.
• Experience with Microsoft Excel to include spreadsheet formatting and basic formulas.

Nice To Haves

• Compensation analysis experience a plus, but not required.
• Experience with market pricing preferred, but not required.

Responsibilities

• Runs ad hoc reports to support team. Reports may include but are not limited to annual market data reports by location, Beacon reports, monthly report for Department of Labor, quarterly headcount report, and FTE report.
• Responsible for ERI reporting. Runs ERI report quarterly to assist with updating geographic differentials. Provides ERI differentials for potential new markets to assist with de novo review.
• Updates the Compensation SharePoint site.
• Participates in salary surveys by completing all survey questionnaires and submitting to vendor by deadline.
• Collects and analyzes salary data to assist compensation team.
• Creates new job code and revises existing job codes in PeopleSoft.
• Escalates questions regarding policies and/or wage and hour (FLSA) regulations to manager.
• Provides data to upload to market pricing database. Data includes employee updates, job code updates, and geographic differentials from PeopleSoft, Beacon, and ERI reports.
• Assists with special projects as needed.
• This position must sit at our Home Office in Birmingham, AL

Benefits

• Affordable medical, dental and vision plans for full-time and part-time employees and their families.
• Generous paid time off that accrues over time.
• Tuition reimbursement and continuing education opportunities.
• Company-matching 401(k) and employee stock purchase plans.
• Flexible spending and health savings accounts.
• A community of people who love what they do.

What This Job Offers

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