Compensation Analyst
Children's Hospital Colorado
Date: 3 weeks ago
City: Aurora, IL
Salary:
$71,040.18
-
$106,560.27
per year
Contract type: Full time
Job Overview
Compensation Analyst conducts research and analysis into internal and external trends and develops recommendations for compensation programs and client solutions to support the organization’s compensation philosophy
Additional Information
Department Name: Human Resources - Compensation Department
Job Status: Full time, 40 hours per week
Shift: Day, daytime/business hours, flexible when it comes to start and end times. Hybrid
Qualifications
POPULATION SPECIFIC CARE
No direct patient care.
Essential Functions
An employee in this position may be called upon to do any or all of the following essential functions. These examples do not include all of the functions which the employee may be expected to perform.
SCOPE AND LEVEL
Guidelines: Guidelines are generally numerous, well established, and directly applicable to the work assignment. Work assignment and desired results are explained by general oral or written instructions.
Complexity: Falls between the entry and full performance/senior level. Duties assigned are generally repetitive and restricted in scope but may be of substantial intricacy. Employee primarily applies standardized practices.
Decision Making: Decisions or recommendations on non-standardized situations are limited to relating organizational policies to specific cases. Brings non routine issues to supervisor. Problems that are not covered by guidelines or that are without precedent are taken up with the supervisor.
Communications: Contacts with team members, clients or the public where explanatory or interpretive information is exchanged, gathered, or presented and some degree of discretion and judgment are required within the parameters of the job function.
Supervision Received: Under normal supervision, within a standardized work situation, the employee performs duties common to the line of work without close supervision or detailed instruction. Work product is subject to continual review.
Physical Requirements
Ability to Perform Essential Functions of the Job
Physical Requirements
Audio-Visual: Hearing: Good
Audio-Visual: Near Vision: Good
WORK ENVIRONMENT
Exposure: Exposure to infectious diseases: Occasional.
Mental and Emotional Requirements: Handles multiple priorities effectively.
Mental and Emotional Requirements: Independent discretion/decision making.
Mental and Emotional Requirements: Makes decisions under pressure.
Mental and Emotional Requirements: Manages stress appropriately.
Mental Stress: multi-tasking, meeting deadlines, prioritizing
Salary Information
Pay is dependent on applicant's relevant experience.
Annual Salary Range (Based on 40 hours worked per week): $71,040.18 to $106,560.27
Benefits Information
Here, you matter. As a Children’s Hospital Colorado team member, you will receive a competitive pay and benefits package designed to take care of your needs that includes base pay, incentives, paid time off, medical/dental/vision insurance, company provided life and disability insurance, paid parental leave, 403b employer match (retirement savings), a robust wellness program, and access to professional development tools, including an education benefit to help you advance your career.
As part of our Total Rewards package, Children's Colorado offers an annual employee bonus program that rewards eligible team members based on organizational performance. If organizational goals are met for the year, the bonus is paid out the following April.
Children’s Colorado delivers annual base pay increases to eligible team members based on their performance over the previous year.
EEO Statement
It is our intention that all qualified applicants be given equal opportunity and that selection decisions be based on job-related factors. We do not discriminate on the basis of race, color, religion, national origin, sex, age, disability, or any other status protected by law or regulation. Be aware that none of the questions are intended to imply illegal preferences or discrimination based on non-job-related information. The position is expected to stay open until the posted close date. Please submit your application as soon as possible as the posting is subject to close at any time once a sufficient pool of qualified applicants is obtained.
Colorado Residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of attendance at or graduation from an educational institution. You will not be penalized for redacting or removing this information.
Compensation Analyst conducts research and analysis into internal and external trends and develops recommendations for compensation programs and client solutions to support the organization’s compensation philosophy
Additional Information
Department Name: Human Resources - Compensation Department
Job Status: Full time, 40 hours per week
Shift: Day, daytime/business hours, flexible when it comes to start and end times. Hybrid
Qualifications
- EDUCATION - Bachelor’s degree in Business Administration, Human Resources, Communications or other directly related field is preferred.
- EXPERIENCE – Two (2) years of experience in maintaining and supporting compensation programs.
- EQUIVALENCY - Four (4) years of experience, beyond stated requirements, may substitute for the Bachelor’s degree.
- Healthcare industry experience.
- Strong Excel Skills to include; Basic Formulas (SUM, AVERAGE, COUNT, MIN, MAX), Data Entry and Formatting of large datasets, Sorting and Filtering, Lookup Functions (VLOOK UP, INDEX and MATCH),Pivot Tables.
POPULATION SPECIFIC CARE
No direct patient care.
Essential Functions
An employee in this position may be called upon to do any or all of the following essential functions. These examples do not include all of the functions which the employee may be expected to perform.
- Collects, analyzes and interprets data from market surveys, internal HR analytics and records, and other sources to understand compensation trends and identify best practices.
- Completes routine job studies, creating and/revising job descriptions, determining pay range recommendations, presenting recommendations to senior leadership for approval, and supporting implementation of compensation changes within the HRIM.
- Participates in annual market, incentive and merit administration processes, performing research and analysis under the direction of the lead analyst and supporting implementation of compensation changes within the HRIM.
- Serves as lead on routine or special projects, including salary surveys, compensation program administration, or internal policy reviews.
- Serves as internal consultant to HR business partners and managers, providing guidance on compensation-related matters and interpreting and explaining compensation policies, practices, and procedures.
- Researches and resolves employee and manager inquiries and processes compensation requests within Manager Self Service.
- Creates and delivers training and communications materials designed to educate employees, managers and HR staff on compensation strategies and programs.
- Ensures compliance with relevant labor laws, regulations, and internal policies regarding compensation.
SCOPE AND LEVEL
Guidelines: Guidelines are generally numerous, well established, and directly applicable to the work assignment. Work assignment and desired results are explained by general oral or written instructions.
Complexity: Falls between the entry and full performance/senior level. Duties assigned are generally repetitive and restricted in scope but may be of substantial intricacy. Employee primarily applies standardized practices.
Decision Making: Decisions or recommendations on non-standardized situations are limited to relating organizational policies to specific cases. Brings non routine issues to supervisor. Problems that are not covered by guidelines or that are without precedent are taken up with the supervisor.
Communications: Contacts with team members, clients or the public where explanatory or interpretive information is exchanged, gathered, or presented and some degree of discretion and judgment are required within the parameters of the job function.
Supervision Received: Under normal supervision, within a standardized work situation, the employee performs duties common to the line of work without close supervision or detailed instruction. Work product is subject to continual review.
Physical Requirements
Ability to Perform Essential Functions of the Job
Physical Requirements
Audio-Visual: Hearing: Good
Audio-Visual: Near Vision: Good
WORK ENVIRONMENT
Exposure: Exposure to infectious diseases: Occasional.
Mental and Emotional Requirements: Handles multiple priorities effectively.
Mental and Emotional Requirements: Independent discretion/decision making.
Mental and Emotional Requirements: Makes decisions under pressure.
Mental and Emotional Requirements: Manages stress appropriately.
Mental Stress: multi-tasking, meeting deadlines, prioritizing
Salary Information
Pay is dependent on applicant's relevant experience.
Annual Salary Range (Based on 40 hours worked per week): $71,040.18 to $106,560.27
Benefits Information
Here, you matter. As a Children’s Hospital Colorado team member, you will receive a competitive pay and benefits package designed to take care of your needs that includes base pay, incentives, paid time off, medical/dental/vision insurance, company provided life and disability insurance, paid parental leave, 403b employer match (retirement savings), a robust wellness program, and access to professional development tools, including an education benefit to help you advance your career.
As part of our Total Rewards package, Children's Colorado offers an annual employee bonus program that rewards eligible team members based on organizational performance. If organizational goals are met for the year, the bonus is paid out the following April.
Children’s Colorado delivers annual base pay increases to eligible team members based on their performance over the previous year.
EEO Statement
It is our intention that all qualified applicants be given equal opportunity and that selection decisions be based on job-related factors. We do not discriminate on the basis of race, color, religion, national origin, sex, age, disability, or any other status protected by law or regulation. Be aware that none of the questions are intended to imply illegal preferences or discrimination based on non-job-related information. The position is expected to stay open until the posted close date. Please submit your application as soon as possible as the posting is subject to close at any time once a sufficient pool of qualified applicants is obtained.
Colorado Residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of attendance at or graduation from an educational institution. You will not be penalized for redacting or removing this information.
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