Compensation Analyst II
Somerville, NJ - USA
Job Summary
Mass General Brigham relies on a wide range of professionals including doctors nurses business people tech experts researchers and systems analysts to advance our mission. As a not-for-profit we support patient care research teaching and community service striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.
Job Summary
SummaryResponsible for managing and analyzing compensation programs to ensure competitiveness pay equity and compliance with regulations. This role involves conducting market research designing compensation structures and providing guidance on compensation-related matters to HR and management.
Essential Functions
-Reviews jobs for slotting into the appropriate salary structure to ensure fairness and compliance with FLSA and other regulatory agencies.
-Conducts market surveys and makes recommendations to salary ranges to ensure salaries remain competitive for recruitment and retention and meet the health systems compensation philosophy.
-Partners with the HR Partners to provide results of compensation analysis of those impacted on paper or electronically when feasible to the payroll team.
-Monitor and ensure compliance with federal state and local compensation regulations including FLSA and equal pay laws.
-Prepare and present detailed compensation reports and analyses to leadership highlighting trends variances and recommendations for improvement.
-Assist in the development of compensation policies and procedures to promote consistency and transparency.
-Ensures internal pay equity annually and makes recommendations for salary adjustments as appropriate.
Qualifications
Education
- Bachelors Degree Human Resources required
- Bachelors Degree Related Field of Study required
Experience
- Experience in compensation analysis or related roles 5-7 years required
Knowledge Skills and Abilities
- - Excellent analytical and quantitative skills with the ability to interpret complex data and make data-driven recommendations.
- - Strong attention to detail and accuracy in data analysis and reporting.
- - Effective communication and interpersonal skills capable of working collaboratively with various stakeholders.
- - Proficient in compensation analysis software and Microsoft Office Suite particularly Excel.
- - Strong problem-solving skills and the ability to manage multiple projects and deadlines in a fast-paced environment.
- - Advanced Microsoft Excel skills.
Remote Working Model Requirements
- M-F Eastern business hours required
- Remote employees must use a stable secure and compliant workstation in a quiet environment. Teams video is required and must be accessed using MGB-provided equipment.
Additional Job Details (if applicable)
Remote Type
Work Location
Scheduled Weekly Hours
Employee Type
Work Shift
Pay Range
$79560.00 - $115720.80/AnnualGrade
7EEO Statement:
At Mass General Brigham our competency framework defines what effective leadership looks like by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance make hiring decisions identify development needs mobilize employees across our system and establish a strong talent pipeline.
Required Experience:
IC
About Company
Patients at Mass General have access to a vast network of physicians, nearly all of whom are Harvard Medical School faculty and many of whom are leaders within their fields.