Compensation Analyst - Marshall Health

Job description

Job Responsibilities: • Participates in published compensation surveys throughout the year. • Analyzes survey data, market trends, and competitive pay practices to ensure positions are market competitive and meet overall system objectives. • Provides benchmarking data and recommendations for market adjustments annually or as requested. • Proactively researches current and emerging trends in compensation and pay practices. • Provides salary quotes for new hires, transfers, promotions, etc. for providers. In addition, serves as a knowledge resource for Management and Department Administrators on such matters. • Conducts analysis of provider compensation plans to ensure alignment with industry standards, organizational goals, and regulatory requirements • Generates compensation reports and prepares special reports by collecting, analyzing, and summarizing information and trends. • Maintains compensation policies. • Supports management's decision-making by analyzing compensation options and predicting future costs. • Coordinates employee changes and compensation administration within the payroll system. • Coordinate annual pay equity analysis. • Evaluates provider productivity as it relates to compensation. • Provides guidance and support to providers and management regarding compensation-related inquiries and issues. • Performs other duties as assigned or requested. EDUCATION: Bachelor’s degree in business administration, healthcare administration, human resources or other related field required. EXPERIENCE: Experience in healthcare, specific to provider productivity and compensation preferred, but not required. Internal applicants must call HR at ext. 11653 to determine eligibility before applying.