Compensation Analyst jobs in Wilmington, DE

Kent Campus Hospital

STATUS:Full Time 80 Hours

SHIFT: Days

GENERAL SUMMARY:

Summary:

Work with Compensation team on a variety of tasks and projects including analytical support and strategic data analysis, ad-hoc and regular reporting, job description analysis, maintenance of programs, and daily administration of the organization’s pay structure. Responsible for the daily workflow including but not limited to action requests, performance evaluations, job description maintenance, audit analysis, and salary survey participation.

ESSENTIAL FUNCTIONS & ACCOUNTABILITIES:

1. Job Description analysis – Review and analyze new and existing job descriptions for proper FLSA status and salary grading. Compare against other like internal positions and market conditions. Work with appropriate leadership to gain any needed input or information to make final decision on paygrade and exemption status. Notify all impacted areas/people of the final outcome. 2. Reporting and Analytics – Monitor all audit reports for any needed action. Utilize and monitor business analytics tools and reporting to build, calculate and track, trend, and forecast organizational statistics and compensation metrics. 3. Cost Analysis - Assist in the development/maintenance of the organization-wide salary structure. Assist with the mathematical and statistical methodologies and models to determine cost/benefits and preparation of market adjustment and other data-driven compensation-related proposals. Evaluate and assist with implementation of new or revised compensation programs. Make recommendations for effectiveness and process efficiency of programs. 4. System Administration – Performs maintenance and upkeep of relevant compensation, performance, or other applicable HR systems. Provides support for customers within systems. 5. Merit Evaluations – Run reports for annual and new hire evaluations and verify accuracy of information via hardcopy evaluations as well as on-line evaluation system. Update supervisor fields/codes in Lawson. Participate in the data review and audit of advancing hourly rates of pay for merit increases. Provide Payroll with information to pay retroactive wages and lump sum amounts by deadline. Monitor receipt of tardy reviews and employees returning from Leaves of absence. 6. Bonus Tracking and Repayment – Work with Sr. Compensation Analyst in monitoring terminations and transfers for potential payout and payback requirements stemming from Tuition Reimbursement or other bonus payments as stipulated in agreements. 7. Resource Action Requests – Work with Compensation team to analyze requested change and apply the appropriate compensation policy to determine pay rate. Scrutinize resource action requests for accuracy of all requested changes. 8. Salary Surveys – May participate in compensation surveys as delegated by Sr. Compensation Analyst by submitting salary information as well as received survey results and compiling in an organized fashion. 9. Customer Service - Communicate effectively with Customers (employees, coworkers, managers and survey companies. Act as customer resource for information and guidance to departments by (but not limited to: providing advice and guidance on Evaluations and Transfers. 10. All other duties as assigned within the scope and range of job responsibilities

REQUIRED MINIMUM EDUCATION AND CREDENTIAL:

• Education Associate Degree Human Resources
• Credential None Required

EXPERIENCE:

Required: Three years professional level analytical experience in human resources, compensation, finance, or business-related field. Preferred: Four or more years of human resources experience with three years of compensation and HRIS experience. Previous work experience with employee compensation program in a hospital setting.

PREFERRED EDUCATION AND CREDENTIAL:

• Education Bachelor Degree Bachelor Degree Bachelor Degree Bachelor Degree Human Resources Business Finance Accounting
• Credential Professional in Human Resources Certified Compensation Professional SHRM-Certified Professional

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