184 applicants

Company

MultiPlan · 17 hours ago

Compensation Analyst

United States

Full-time

Remote

Entry, Mid Level

$70K/yr - $72K/yr

2+ years exp

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Responsibilities

Participate in the planning, design, implementation and administration of cash compensation and reward program compensation.

Participate in the review, evaluation, completion and maintenance of job descriptions providing recommendations for job codes, job titles, job grades (including FLSA classification) and posting the completed job descriptions on the intranet. Consult with management on job families, career paths, job design and educate.

Conduct market research and analysis to ensure competitive compensation structures.

Ensure compliance with all federal, state, and local compensation laws and regulations.

Audit and analyze compensation data and prepare reports to support decision-making.

Participate in and conduct salary surveys including the analysis of survey data and maintenance of salary survey database.

Assist with the annual merit and quarterly/annual bonus planning process.

Recommend enhancements or changes to compensation programs to improve administrative procedures, workflow efficiencies aligning programs to achieve corporate goals.

Provide guidance and support to management and staff in the administration and interpretation of compensation guidelines and pay practices.

May conduct training and education pertaining to compensation programs. Participate in the development of training materials for presentation to management and employees.

Collaborate, coordinate, and communicate across disciplines and departments.

Ensure compliance with HIPAA regulations and requirements.

Demonstrate commitment to Company's Core Competencies and values held within.

The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.

Qualification

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Compensation AdministrationProgram DevelopmentLegal Compliance KnowledgeJob Evaluation TechniquesMarket SurveysExcel ReportingProject ManagementProcess ManagementCustomer Service CommitmentNegotiating Skills

Required

Minimum Bachelors Degree in related field of study, or 4 High School Diploma/G.E.D. and years of experience in related field

Minimum 2 years of experience in compensation administration and program development

Knowledge of legal compliance requirements as they pertain to compensation and HR programs.

Knowledge of base and variable compensation systems, job evaluation techniques, market surveys and compensation administration

Ability to use software and peripherals related to performance of job responsibilities

Communication (written, verbal and listening), process management, analytical, decision making, organizational, project management, negotiating, time management

Ability to facilitate processes and client relationships to satisfy needs and identify improvements

Ability to develop strong relationships with all levels of management

Ability to recognize when to defer and/or inform higher levels of complex issues

Ability to demonstrate commitment to excellent customer service and follow through

Ability to create reports in Excel and write formulas

Ability to effectively present information and respond to questions from internal and external customers

Ability to be flexible and creative in problem solving and identifying program improvements