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HonorHealth

Compensation Analyst

Posted 10 days ago
0-2 years experience
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AI Summary

The Compensation Analyst administers organizational compensation policies and conducts research to provide recommendations for pay programs and job evaluations. They collaborate with management and internal departments to maintain sound compensation practices and perform market data assessments.

Primary City/State:

Virtual Arizona

Category:

Total Rewards

Shift:

Day

Department:

Compensation

Hours: Monday-Friday 7am-4pm or 8am-5pm

Location: Remote -- Must be located in Arizona

Great care starts with great people. (Like you.)

At HonorHealth, you’ll find something special. From humble beginnings in 1927 to one of Arizona’s largest nonprofit healthcare systems, our culture is built on warmth and neighborly kindness. Behind every smile is a highly skilled professional with deep expertise and an unwavering dedication to what matters most — caring for the health and well-being of people and communities across the greater Phoenix area.

Responsibilities:

JOB SUMMARY

The Compensation Analyst administers the organizational compensation policies and procedures in compliance within regulatory guidelines. Conducts research and prepares formal recommendations for various pay program changes, job evaluations, wage plan adjustments, market data assessments, and other compensation project assessments. Collaborates with management and other internal departments to establish and maintain sound compensation practices and administers employee status changes/salary planning programs.

ESSENTIAL FUNCTIONS
  • Manage job description creation/update evaluation process by performing job analysis, research market data assessment for internal and external equity, providing pay recommendations and working collaborative with Business Leaders from inception to completion.
  • Perform analysis, forecasting, costing, compensation project assessments, and modeling for compensation program(s) and incentive plan(s) as needed for market competitiveness.
  • Participates in compensation survey(s) to collect data, benchmark, and upload in vendor survey database. Maintain survey database with bi-weekly updates, survey uploads, and validating data for reporting functions. Expanding on survey database use.
  • Supports the compensation team’s projects by assisting with implementation, project process, process improvement, action item(s), policies and program(s).Collaborates with Finance, HRIS, Talent Acquisition, HRBP, and Organizational leaders on process improvement(s), update(s), and/or project(s) as needed.
  • Performs other related duties as assigned or requested.

EDUCATION
  • Bachelors or 4 years' work-related experience in related field Required
EXPERIENCE
  • 1 year compensation experience Required
  • 1 year in healthcare compensation Preferred
LICENSES AND CERTIFICATIONS

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