Compensation Specialist - HR Compensation Operations - Days - FT

Under direction of the Compensation Manager, the Compensation Specialist is responsible for supporting the administration of compensation programs, maintaining confidential employee data and ensuring accuracy using the human resources management system. The Specialist assists with researching, evaluating, documenting, and interpreting job requirements, job positions, job descriptions and compensation databases. The Specialist performs benchmarking compensation activities related to maintaining competitive compensation levels that support the organization’s total reward philosophy, objectives and practices. The Compensation Specialist documents and processes various administrative activities and verifies employee data by auditing and preparing operational reports to support management in making decisions and solving problems.

Job Description:

• Assists with the maintenance and preparation of job descriptions, evaluations and classifications
  • Supports the maintenance of job descriptions for each position in the organization; helps to ensure descriptions accurately reflect the work being performed by incumbents
  • Assists with researching and reviewing jobs for reorganizations, contractual reviews and projects, including both job audit and evaluation; Documents job-specific findings and recommendations to contribute to a comprehensive project report
  • Supports the maintenance of job and compensation structures as well as job and position classifications
  • Working within HR systems and procedures, contributes to group work to ensure all aspects of job creation are addressed in a timely manner i.e. creation of job code, posting of new and revised descriptions, etc.
• Assists in conducting salary and labor market research to define benchmarks
  • Benchmarks jobs against published survey data and other market intelligence to obtain and analyze market pay rates
  • Provides information to support recommendations on appropriate pay grade level; Reviews data within MHG context for internal equity; Prepares reports or summarizes information to contribute to a comprehensive project report
  • Conducts and participates in various salary and benchmarking surveys through the compilation and reporting of data to third-party survey providers
  • Assists with the preparation of summary reports of job analysis and compensation analysis information
• Maintains, processes, updates and audits HR data, ensuring data integrity
  • Processes various transactions and system changes in a timely manner, with a thorough understanding of the data and relationships amongst the various system workflows
  • Maintains and updates employee data ensuring accuracy and completeness; Researches, verifies, monitors and tracks essential data elements for personnel files
  • Understands and communicates the importance of consistency, accuracy and data integrity; Confirms integrity of data through various audit measures; Identifies areas of improvement to achieve data quality
  • Administers procedures, processes, and programs according to organizational policy; Responds to requests for information accordingly, maintaining an appropriate level of confidentiality
• Applies effective communication strategies in collaboration with the Compensation team
  • Reviews requests for classification review and assists with making classification/pay level determinations; This includes reviewing job questionnaires, conferring with HR Business Partners, evaluating jobs and preparing written reports on findings; Communicates with stakeholders regarding the result of compensation work
  • Researches situations as they arise related to aspects of compensation to provide clarity for resolution in consideration of contract provisions, historical practices, similar situations, etc.
• Ensures that compensation practices are in compliance with current laws and regulations
  • Assists with the development and documentation of compensation practices and procedures to streamline processes and ensure compliance with regulatory requirements
  • Keeps abreast with new trends and best practices in the field
  • Maintains agreements related to employment and pay practices

Required Qualifications:

Education: Bachelor’s degree in Human Resources, Business or other discipline directly related to this position (Relevant experience may substitute for the degree requirement).

Experience: One (1) year of experience in Human Resources, performing job, compensation or data analysis (education may substitute for experience).

Memorial Health System has been dedicated to healing, inspiring, and transforming the health of our community since 1946. With multiple hospital facilities, outpatient surgery locations and diagnostic centers, more than 100 Physician Clinics, and post-acute services including skilled nursing, you can find your fit at Memorial.

When you join our team, you join more than 5,000 individuals committed to exceptional care. We offer several of the region's most comprehensive clinical programs and medical specialties unique to the Coast, including a Level III Neonatal ICU, state-designated Level II Trauma Center, Hyperbaric Oxygen Therapy, and Mississippi's first nationally-certified Primary Stroke Center.

At Memorial, you are valued. We know that our increasingly diverse communities need healthcare professionals that reflect their different cultural backgrounds, perspectives, and values. We acknowledge the uniqueness of all individuals, their commonalities as well as differences, all of which have shaped their lives in meaningful ways.

The development of our team members is integral to the patient care we provide. Grow your skills, and grow with Memorial.

Memorial Health System is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic. Minority/Female/Sexual Orientation/Gender Identity/Disability/Veteran.