Senior Compensation Analyst - Healthcare - City of Commerce
Senior Compensation Analyst - PACE Program
Los Angeles - City of Commerce, CA
Requirements to Apply:
- 6 years of advanced professional experience in compensation administration required.
- Healthcare experience required.
- Experience with Physician compensation a plus.
- Workday (software) experience is required.
- California compensation experience required.
- Excel Expertise: Advanced skills, including VLOOKUPs and pivot tables
- Familiarity with compensation philosophy, grade structure, annual merit process, incentive planning, and job architecture.
- Bachelor's degree in relevant field required
- A combination of education and progressive work experience in HR Compensation may also be considered
Preferred Qualifications:
- Certified Compensation Professional (CCP): Preferred but not required.
- Other Systems Exposure: Familiarity with PayScale, PayFactors, or similar tools
Schedule: Monday – Friday. Hybrid schedule – on-site during training period, then transition to 3 days on-site per week and 2 days working from home.
Shift Time: 8:00 AM – 5:00 PM
Pay Rate: $93,600.00 - $120,900.00
The Compensation Analyst position is responsible for administering and ensuring company compensation programs support business strategies. This role provides internal analytical expertise and consulting services related to compensation functions and program work. Development of partnership within the organization to fully understand business needs is core to the role. Overall day to day work may include job evaluations, assessment, and interpretation of salary data, and participation in compensation surveys. The Compensation Analyst will provide guidance and policy interpretation to managers and HRBPs, will assist in compensation projects including incentive plan design and documentation, developing of efficient compensation processes, and development of salary structures and the annual budgeting process.
Essential Job Functions
- Merit Process: Involvement in annual merit review processes.
- Bonus and Incentive Planning: Expertise in planning and managing employee bonuses and incentives.
- Job Architecture: Knowledge of structuring job roles and hierarchies.
- Market Pricing: Skills in evaluating market data to set competitive salaries.
- Works on a variety of compensation projects as assigned including program design, analysis, cost analysis, guidelines and procedures.
- Participates in developing project requirements, plan design, and implementation of new programs.
- Participates in annual performance appraisal, merit, and bonus processes including promotion and off-cycle compensation requests.
- Compiles and analyzes salary surveys and obtain comprehensive market data to market price the positions and compare internally to company positions.
- Completes annual salary surveys.
- Reviews internal salary increases and external offers to prospective new hires for internal equity and recommend salary amounts as requested.
- Reviews new and revised job descriptions, exercising judgement in the determination exemption classification under California State regulations. Uses market data and internal consideration to evaluate those positions.
- Develops training and education materials for various audiences, promoting and supporting the compensation program; and delivers compensation training presentations.
- Performs other related duties as assigned.
Why us?
Patients always come first. Employees are our most valuable asset. Integrity, honesty, and respect in all of our endeavors. Commitment to teamwork. We provide mentoring and hands-on opportunities for aspiring health care workers at every level to expand their skillsets and become leaders.