Compensation Analyst I
Durham, NC - USA
Job Summary
Labcorp is a global leader in laboratory services providing the insights and answers that help healthcare providers patients researchers pharmaceutical companies and health systems make confident decisions and improve outcomes. Through our unparalleled science data technology and laboratory network we advance diagnostics accelerate innovation and help address some of the worlds most important health challenges. As we shape the future of healthcare we are leveraging advanced technologies intelligent digital solutions and data-driven innovation across our operations to enhance how work gets done and deliver greater value to customers and patients. With our global scale and deep expertise youll have the opportunity to do meaningful work grow your career and make a real impact on peoples health around the world. Together were improving health and improving lives.
Compensation Analyst I
Labcorp is seeking a hybrid Compensation Analyst I to join our team in 10 Moore Drive Durham NC.
Schedule: Monday Friday 8am-5pm (Eastern Time Zone)
This schedule includes a minimum of three in-office days per week and two days working remotely supporting both collaboration and flexibility.
Responsibilities:
Participate in the administration and delivery of compensation programs
Participate in the annual global compensation salary survey process
Conduct job evaluations and market pricing
Respond to compensation inquiries ensuring on time delivery to HR and the business adhering to high service levels and SLA requirements
Support the development of salary increase proposals and promotions through data-driven analysis.
Assist with research and analysis of compensation and reward programs
Ensure compensation practices are in compliance with federal state and local regulations across all countries
Conduct market research and benchmarking to support compensation programs and practices
Provide support in the administration of salary planning merit planning and incentive programs
Approve job/compensation-related actions in Workday
Prepare compensation reporting and analyses
Assist and support compensation-related projects processes and audits as needed
Minimum Qualifications
Bachelors degree
1 year of related experience in a HR Finance or analytical data-focused role
Preferred Qualifications
Masters degree
1 year experience with HRIS Systems (ideally Workday) including running queries accessing and manipulating data
1 year experience with job analysis and job evaluation.
Additional Job Standards:
Strong problem-solving skills with demonstrated advanced proficiency in Excel (e.g. VLOOKUP pivot tables basic formulas).
Strong analytical skills and attention to detail.
Strong communication and interpersonal skills; presentation Fluency in English required
Desire to learn and take on new responsibilities
Ability to handle sensitive data and maintain confidentiality.
The Compensation Analyst is an entry level compensation role responsible for transactional compensation actions and analytics including requests from TA HR and the this role the incumbent will participate in salary surveys job evaluations and analytical assignments involving the development implementation and administration of compensation programs.
All job offers will bebased on a candidates skills and prior relevant experience applicabledegrees/certificationsas well as internal equity and market data.
Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical Dental Vision Life STD/LTD 401(k) Paid Time Off (PTO) or Flexible Time Off (FTO) Tuition Reimbursement and Employee Stock Purchase Plan. Employees regularly scheduled to work less than 20 hours Casual Intern and Temporary employees are only eligible to participate in the 401(k) Plan. Employees who are regularly scheduled to work a 7 on/7 off schedule are eligible to receive all the foregoing benefits except PTO or FTO. For more detailed information pleaseclick here.
Labcorp is proud to be an Equal Opportunity Employer:
Labcorp strives for inclusion and belonging in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications and merit of the individual. Qualified applicants will receive consideration for employment without regard to race religion color national origin sex (including pregnancy childbirth or related medical conditions) family or parental status marital civil union or domestic partnership status sexual orientation gender identity gender expression personal appearance age veteran status disability genetic information or any other legally protected characteristic. Additionally all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.
We encourage all to apply
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Required Experience:
IC
About Company
Labcorp helps patients, providers, organizations, and biopharma companies to guide vital healthcare decisions each and every day.