Location
Chicago, IL | United States
Job description
Teksystems has partnered with a great Healthcare system in the Chicago, IL area in search of an experienced Compensation Analayst!
This role will site on site one day per week, so being able to travel to the Chicago office is necessary.
Description:
Assists in the development of and executes company compensation programs, tools and processes. Conducts analyses of jobs, hourly wages, salaries, and incentives in order to evaluate internal equity, external competitiveness, as well as legal compliance of the organization's pay practices. Assists with the implementation of compensation training and projects.
Responsibilities:
- Supports entitles compensation policies, programs and practices.
- Serves as SME on smaller projects supporting compensation initiatives. Supports and identifies opportunities for enhancement and change in compensation programs, policies and procedures. Assists with Implementing approved changes to process and policy.
- Conducts job evaluation analyses. Evaluates positions using standard job evaluation techniques. Conducts equity analyses both internal and external. Presents written recommendations based on analysis and budgetary considerations, and maintains department log to document requests and outcomes.
- Partners with entity HR leaders to consult on departmental requests, providing options and solutions while ensuring alignment across all entities.
- Conducts market studies as needed, creating cost-effective solutions and presenting proposals to management. Assists in developing solutions for complex issues that arise within the medical center that have a compensation component.
- Manages compensation data that rush subscribes to in PayFactors. Maintains and manages survey portfolio. Assists in preparing budget estimates for survey expenses. Coordinates work with outside consultants regarding special surveys or wage studies.
- Partners with entity HR leaders to revise job descriptions using data received from managers, incumbents, third parties, and knowledge of the company's policies and culture.
- Works with HRIS to ensure updates regarding compensation related HR data in the system of record. Participates as compensation subject matter expert on system implementations impacting compensation.
- Assists in the management of the annual performance evaluation and merit increase process. Coordinates the flow of data from departments to approvers and HR.
- Manages the annual update of medical center salary structures based on analysis of benchmark survey data in collaboration with members of the team.
- Assists with education, training and quality audit activities to ensure compliance with current Joint Commission Human Resource Standards.
- Serves as an expert resource to others in department and throughout medical center, providing advice and consultation to management regarding pay decisions and compensation guideline interpretation.
- Reviews and recommends changes to compensation policies and procedures. Focuses on process automation for compensation administrative tasks.
Skills & Qualifications:
MUST HAVE:
- Undergraduate Degree (Bachelors)
- Advanced Excel and Word skills
- 3 - 6 years in progressive Compensation Experience (5 ideal)
- Market Pricing, Base Pay Analysis, Compensation
NICE TO HAVES:
- CCP OR SHRM certified
- Healthcare industry
- PayFactors System
Experience Level:
Intermediate Level
About Aston Carter:
Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® double diamond winner for both client and talent service.
Diversity, Equity & Inclusion
At Aston Carter, diversity and inclusion are a bridge towards the equity and success of our people. DE&I are embedded into our culture through:
- Hiring diverse talent
- Maintaining an inclusive environment through persistent self-reflection
- Building a culture of care, engagement, and recognition with clear outcomes
- Ensuring growth opportunities for our people
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email [email protected] for other accommodation options.
Job tags
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