Sr Analyst, Compensation

Job Description
**Hybrid - prefer commutable to Woonsocket, RI, Scottsdale, AZ **

As the Senior Compensation Consultant, you will research, analyze, and assist in the design and development of compensation programs to meet business line and corporate objectives. You will work as part of a cohesive team providing compensation support within the group by manipulating large data sets, performing analysis and presenting results.

Responsibilities include but not limited to:
• Maintaining databases to facilitate incentive payment processing,
• Participating in the development of Compensation systems and integration by testing business requirements and providing feedback
• Responding to inquiries during the annual and midyear Merit/Bonus planning cycles
• Supporting team members through ad hoc projects and analysis
• Creating reporting using market and cost analysis to assess current pricing and/or policies
• Maintaining Geographic store alignment database and monitor regulatory Minimum Wage rates across the country to support compensation analyses
• Provide ongoing support and consultative services to Human Resources and line managers in the interpretation of compensation policy, LOLexplanation of operating procedures, and recommendation of alternatives to effectively meet respective business needs
• Analyze peer company survey data to ensure the existence of a competitive compensation structure
• Evaluate jobs using survey data maintained in our pricing tool, Market Pay
• Conduct ad-hoc salary recommendations
• Advanced knowledge in Microsoft Excel. Must be able to work with vlookups, pivot tables, tables, and manipulate large data sets

Skills and attributes to be successful:
• Strong analytical skills
• Strong organizational skills
• Strong communication skills
• Microsoft Access experience
• Compensation and/or Finance experience is strongly
preferred

Pay Range
The typical pay range for this role is:
Minimum: 43,700
Maximum: 100,000

Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.

Required Qualifications
• 3 year experience with a Human Resource cost analysis and reporting background
• 3 years of excel - advanced skill set

Preferred Qualifications
• Prefer experience with WorkDay

Education
• Bachelor's degree / Experience: 3 years of prior
relevant experience in cost analysis

Business Overview
Bring your heart to CVS Health Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.