Compensation Analyst

Leading University Medical Center and Health System

Job #56785 Location: Greater NYC area Salary: Competitive compensation package

Organization overview:

This is a nationally renown, university based medical center and leading academic healthcare system with a commitment to clinical excellence, medical education, and research. It is an exciting time as the hospital has continued to grown within its affiliation with a nationally renowned university health system. They also have a large and growing physician practice network. The organization offers an incredibly positive workplace and culture that truly nurtures, develops and engages staff. Chosen as one of the top 20 places in the country to work based on Employees Satisfaction.This hospital and health system is a major regional healthcare resource with a deep commitment to medical education and research, offering a full complement of inpatient and outpatient services.

  • This a beautiful and ultra modern hospital and is one of the premier healthcare providers in the region.
  • One of the more profitable hospitals in the state.
  • In the last 2 years they expanded.
  • Magnet status for nursing excellence.
  • Progressive healthcare system that is forging ahead as leader in the industry.
  • Easily accessible and conveniently located for NYC boroughs.

Position overview:

Exciting position to work within a growing and highly progressive the Compensation Department. The duties for this position include:

Services as a mentor to other staff and provides coaching and guidance to other members of the section. Assists with orientation of new staff members. Provides partial coverage, assistance, and support to all members of the section. Reviews step increases before processing, audits the transactions for accuracy, and assists with questions. Assists with and provides guidance for the Nursing Certification Pay process. Assists the Manager in analyzing and determining the needs of the section. Assists with Compensation related compliance and risk analyses audits pertaining to state federal laws and regulations. Documents findings and recommends solutions. Ensures that job descriptions are accurately documented, current, thoroughly reflect the salient points of the job, and effectively differentiate each job. Provides advice and counsel in writing job descriptions and standards of performance for all new reclassified positions. Maintains the job description database for completeness and accuracy. Prepares and accurately responds to salary surveys, ensures appropriate job matches, and thorough completion of questionnaires. Provides analysis and recommendations based on survey results. Researches, recommends, and participates in new surveys based on the data results and cost effectiveness. Assists with the Annual Salary increases. Ensures that annual salary increases are processed accurately and timely. Obtains approvals and prepares and sends out communications and verification reports for the increases in advance of the pay date. Works to implement, adjust, maintain, and enhance the institutions salary structure program. Assists in developing job evaluation and design plans that reflect internal and external market considerations. Interfaces with recruitment and management to understand and manage market issues with respect to hiring and retaining employees. Acts as a strategic partner to department heads in relation to compensation services. Advises on the proper classification of positions, interpretation of job classifications, and the application of compensation policies and procedures. Recommends corresponding compensation levels and salary ranges. Performs other duties as assigned

Minimum Qualifications: To qualify you must have a Bachelor's Degree Business Administration, Human Resources, or related field. Demonstrated compensation experience. Prior use of or responsibility for a HRIS/HR database system. Excellent communication, analytical, organizational, detail-orientation, multitasking, customer service, and interpersonal skills. Ability to work independently, interact with, and maintain functional relationships with personnel at all levels within and outside of the organization. Intermediate computer skills including Microsoft Office, especially Excel, Word, and Outlook.