Compensation Analyst
Share
Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
The Compensation Analyst is responsible for supporting the design analysis and administration of compensation programs that align with organizational objectives and market trends. This role collaborates with HR and department leaders to ensure competitive equitable and compliant compensation practices across the organization for staff.
Key Functions and Expected Performance:
- Stakeholder Collaboration & Communication:
- Build and maintain strong relationships with PCB Campus Partners and Engagement Consultants to address compensation-related inquiries promptly efficiently and consistently.
- Develop and deliver clear and concise communications to customers that provide the appropriate context and level of details necessary support and explain compensation recommendations.
- Job Analysis & Evaluation:
- Conduct thorough job analyses to classify positions based on job content consistent with our job architecture design principals while maintaining and/or enhancing internal equity.
- Develop and utilize consistent hiring ranges for like positions balancing current market value with internal equity.
- Provide guidance on needed updates for existing or new roles.
- Compensation Program Administration and Documentation:
- Administer and monitor compensation programs to ensure alignment with organizational goals and compliance with local state and federal laws.
- Support policy and guideline interpretation for pay decisions and job evaluations.
- Collaborate on the creation documentation and maintenance of compensation resources including standard operating procedures (SOPs).
- Data Analysis & Reporting:
- Prepare and analyze compensation data ensuring accuracy and clarity in reporting.
- Partner with internal analytics teams to deliver reports that support compensation projects and decision-making.
- Market Research & Survey Participation:
- Participate in salary surveys to benchmark roles against the external market.
- Analyze survey results and recommend adjustments to ensure competitive compensation practices.
- Partner with internal analytics teams to deliver reports that support compensation projects and decision-making.
- Compliance & Auditing:
- Review and audit staff reports to ensure adherence to regulations and organizational policies.
Supervisory Relationships:
This position does not have direct supervisory responsibilities and reports to the Compensation Manager.
Education and Certifications:
- Bachelors degree in Human Resources Business Administration or a related field.
- Certification in Human Resources (e.g. PHR SPHR) or Compensation (e.g. CCP) preferred
Experience and Skills:
- At least three years of professional experience in compensation data analysis or a related HR function.
- Proficiency with Microsoft Excel including pivot tables and VLOOKUPs is strongly preferred.
- Experience with compensation systems (e.g. PayFactors Oracle HCM) and survey participation is a plus.
- Strong analytical and problem-solving skills with attention to detail.
- Excellent verbal and written communication skills.
- Ability to handle sensitive information with discretion and professionalism.
Required Experience:
IC
Key Skills
- ArcGIS
- Intelligence Community Experience
- GIS
- Python
- Computer Networking
- Data Collection
- Intelligence Experience
- R
- Relational Databases
- Analysis Skills
- Data Management
- Application Development
About Company
Vanderbilt University Medical Center (VUMC) is a comprehensive healthcare facility dedicated to patient care, research, and biomedical education. Its reputation for excellence in each of these areas has made Vanderbilt a major patient referral center for the Mid-South. Each year, peop ... View more
