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AI Summary
The Compensation Analyst assists in the development, implementation, and administration of market-competitive compensation programs and reward initiatives. They are responsible for managing annual compensation processes, including merit cycles, salary surveys, and maintaining survey management database software.
About Children’s Minnesota
Children’s Minnesota is one of the largest pediatric health systems in the United States and the only health system in Minnesota to provide care exclusively to children, from before birth through young adulthood. An independent and not-for-profit system since 1924, Children’s Minnesota is one system serving kids throughout the Upper Midwest at two free-standing hospitals, nine primary care clinics, multiple specialty clinics and seven rehabilitation sites. As The Kids Experts™ in our region, Children’s Minnesota is regularly ranked by U.S. News & World Report as a top children’s hospital. Find us on Facebook @childrensminnesota or on Twitter and Instagram @childrensmn. Please visit childrensMN.org.
Children’s Minnesota is proud to be recognized by Modern Healthcare as one of 2023’s Top Diversity Leaders. The national honor recognizes the top diverse healthcare executives and organizations influencing public policy, care delivery, and promoting diversity, equity and inclusion in their organizations and the industry.
Department Overview
Position Summary
Assists in the development, implementation, and administration of market competitive compensation programs. Implements and administers organization reward and recognition programs. Responsible for the administration of defined annual and ongoing compensation processes including annual merit cycle, salary survey participation, market competitiveness analysis, and the administration and maintenance of survey management database software. This position will also support organization-wide compensation initiatives and provide training and guidance to managers and the broader Human Resource team regarding defined compensation principles, practices, and programs. Completes assessments to ensure market alignment and compliance of compensation programs.
Location (e.g. remote or on-site): Remote
DHS Background Study Required? No
License/Certification/Registration required? No
Education:
*Bachelor's degree in human resources or related field, or equivalent experience
Experience:
*2-4 years' experience in compensation analysis or related field
Knowledge/Skills/Abilities:
*Strong analytical and quantitative skills
*Proficiency in compensation software and Human Resources Information Systems
*Excellent communication and presentation skills
*Ability to handle confidential information with discretion
*Strong attention to detail and organizational skills
*Intermediate to advanced proficiency in Microsoft Excel
*Understanding of compensation principles, job evaluation methods, and relevant laws and regulations
Physical Demands
Please click here to view the Physical Demands
The posted salary represents a market competitive range based on salary survey benchmark data for similar roles in the local or national market. Annual salaries displayed are based on full-time employment (40 standard hrs per week). Annual salaries for part-time positions will be prorated based on the employee’s scheduled weekly hours in relation to the full-time standard. When determining individual pay rates, we carefully consider a wide range of factors including but not limited to market indicators for the specific role, the skills, education, training, credentials and experience of the candidate, internal equity and organizational needs.
In addition to your salary, this position may be eligible for medical, dental, vision, retirement, and other fringe benefits. Positions that require night, weekend or on-call work may be eligible for shift differentials or premium pay.
All job offers are contingent upon successful completion of an occupational health assessment, drug screen, background investigation, and compliance with the U.S. Government Form I-9, Employment Eligibility Verification.
Children’s Minnesota is proud to be an equal opportunity employer whose staff is representative of its community and considers qualified applicants for open positions without regard to race, color, creed, sex, religion, national origin, sexual orientation, genetic information, gender identity or expression, age, veteran status, disability, pregnancy, citizenship status, or any other characteristic protected under applicable federal, state, or local law.
Children’s Minnesota is one of the largest pediatric health systems in the United States and the only health system in Minnesota to provide care exclusively to children, from before birth through young adulthood. An independent and not-for-profit system since 1924, Children’s Minnesota is one system serving kids throughout the Upper Midwest at two free-standing hospitals, nine primary care clinics, multiple specialty clinics and seven rehabilitation sites. As The Kids Experts™ in our region, Children’s Minnesota is regularly ranked by U.S. News & World Report as a top children’s hospital. Find us on Facebook @childrensminnesota or on Twitter and Instagram @childrensmn. Please visit childrensMN.org.
Children’s Minnesota is proud to be recognized by Modern Healthcare as one of 2023’s Top Diversity Leaders. The national honor recognizes the top diverse healthcare executives and organizations influencing public policy, care delivery, and promoting diversity, equity and inclusion in their organizations and the industry.
Department Overview
The Human Resources department at Children's partners with the employees and the managerial staff to provide services such as recruitment and staffing, employee services (benefit, compensation, retirement, and payroll processing), labor relations, HRIS program development and implementation, and organizational development.
Position Summary
Assists in the development, implementation, and administration of market competitive compensation programs. Implements and administers organization reward and recognition programs. Responsible for the administration of defined annual and ongoing compensation processes including annual merit cycle, salary survey participation, market competitiveness analysis, and the administration and maintenance of survey management database software. This position will also support organization-wide compensation initiatives and provide training and guidance to managers and the broader Human Resource team regarding defined compensation principles, practices, and programs. Completes assessments to ensure market alignment and compliance of compensation programs.
Location (e.g. remote or on-site): Remote
DHS Background Study Required? No
License/Certification/Registration required? No
Education:
*Bachelor's degree in human resources or related field, or equivalent experience
Experience:
*2-4 years' experience in compensation analysis or related field
Knowledge/Skills/Abilities:
*Strong analytical and quantitative skills
*Proficiency in compensation software and Human Resources Information Systems
*Excellent communication and presentation skills
*Ability to handle confidential information with discretion
*Strong attention to detail and organizational skills
*Intermediate to advanced proficiency in Microsoft Excel
*Understanding of compensation principles, job evaluation methods, and relevant laws and regulations
Physical Demands
Please click here to view the Physical Demands
The posted salary represents a market competitive range based on salary survey benchmark data for similar roles in the local or national market. Annual salaries displayed are based on full-time employment (40 standard hrs per week). Annual salaries for part-time positions will be prorated based on the employee’s scheduled weekly hours in relation to the full-time standard. When determining individual pay rates, we carefully consider a wide range of factors including but not limited to market indicators for the specific role, the skills, education, training, credentials and experience of the candidate, internal equity and organizational needs.
In addition to your salary, this position may be eligible for medical, dental, vision, retirement, and other fringe benefits. Positions that require night, weekend or on-call work may be eligible for shift differentials or premium pay.
All job offers are contingent upon successful completion of an occupational health assessment, drug screen, background investigation, and compliance with the U.S. Government Form I-9, Employment Eligibility Verification.
Children’s Minnesota is proud to be an equal opportunity employer whose staff is representative of its community and considers qualified applicants for open positions without regard to race, color, creed, sex, religion, national origin, sexual orientation, genetic information, gender identity or expression, age, veteran status, disability, pregnancy, citizenship status, or any other characteristic protected under applicable federal, state, or local law.
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