Compensation Analyst
Virginia Beach, VA - USA
Job Summary
City/State
Norfolk VAWork Shift
First (Days)Overview:
Through a deep understanding of the organizations strategy and operational model the Compensation Analyst is involved in designing budgeting implementing and reporting on compensation policies and practices to ultimately attract retain and engage colleagues.
The Compensation Analyst will collaborate with compensation leadership organizational leadership and human resources business partners to understand business needs while incorporating research and market data to inform the work product.
Primary responsibilities and duties include:
Reviewing market data: Analyze data from various salary market sources to ensure the organizations compensation is competitive in the relevant market. This crucial task involves the intake of large amounts of data spotting trends and applying those insights to the organizations compensation strategy.
Collaborating with business stakeholders: Provide specialized insights that enable the Talent Acquisition Team to offer attractive compensation packages to prospective colleagues. The Compensation Analyst may also be consulted on promotional opportunities for both employee readiness and pay.
Supporting job hierarchies: Share input in defining the various job levels and roles across the organization and positioning them within a hierarchical structure.
Bonus plans: Administer bonus plans that align with the organizations performance goals and motivate and reward employees based on both individual and company performance.
Administering merit: Responsible for supporting various stakeholders in administering merit and other compensation practices.
Strong candidates will have a high level knowledge of HRIS/payroll systems Microsoft Office Suite and strong Excel user skills with the ability to work with complex spreadsheets is required.
Broad Based Compensation experience is strong preferred
Candidates in the Virginia Beach Geographic Area strongly preferred
- Bachelors level degree
- n/a
- 1 year of compensation experience
- Broad based Compensation experience
- Accounting or Finance background (in lieu of comp experience).
- Work day experience (preferred)
- Strong Excel skills
We provide market-competitive compensation packages inclusive of base pay incentives and benefits. The base pay range for full-time employment is $80953.60 - $119912.00 annually. Additional compensation may be available for this role such as shift differentials on-call pay shift premiums extra-shift incentives or bonus opportunities. Compensation within the range may vary based on qualifications experience location market conditions and business needs. Note: If an annual salary is posted it is based on a full-time colleague working 2080 hours annually. Sentara offers a comprehensive benefits package including medical dental vision life and disability insurance; 401(k)/403(b) with employer match; paid time off (vacation sick time and holidays); paid parental and military leave; educational assistance or student loan repayment; and voluntary benefits.
Benefits: Caring For Your Family and Your Career
Medical Dental Vision plans
Adoption Fertility and Surrogacy Reimbursement up to $10000
Paid Time Off and Sick Leave
Paid Parental & Family Caregiver Leave
Emergency Backup Care
Long-Term Short-Term Disability and Critical Illness plans
Life Insurance
401k/403B with Employer Match
Tuition Assistance $5250/year and discounted educational opportunities through Guild Education
Student Debt Pay Down $10000
Pet Insurance
Legal Resources Plan
Colleagues have the opportunity to earn an annual discretionary bonus ifestablished system and employee eligibility criteria is met.
Sentara Health is an equal opportunity employer and prides itself on the diversity and inclusiveness of its close to an almost 30000-member workforce. Diversity inclusion and belonging is a guiding principle of the organization to ensure its workforce reflects the communities it serves.
In support of our mission to improve health every day this is a tobacco-free environment.
For positions that are available as remote work Sentara Health employs associates in the following states:
Alabama Delaware Florida Georgia Idaho Indiana Kansas Louisiana Maine Maryland Minnesota Nebraska Nevada New Hampshire North Carolina North Dakota Ohio Oklahoma Pennsylvania South Carolina South Dakota Tennessee Texas Utah Virginia Washington West Virginia Wisconsin and Wyoming.
Required Experience:
IC
About Company
Sentara Health, is an integrated, not-for-profit health care delivery system in Virginia and North Carolina. Sentara improves health everyday.