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Prisma Health · 9 hours ago

Compensation Analyst, Corporate, FT, Day

Greenville, SC

Full-time

Onsite

Mid Level

3+ years exp

Prisma Health is dedicated to transforming healthcare for the communities they serve. They are seeking a Compensation Analyst to administer complex compensation programs, conduct market analyses, and ensure equitable application of compensation policies. The role involves advising management on salary administration, conducting compensation surveys, and developing organization-wide compensation initiatives.

Health CareHospitalMedical

Responsibilities

Administers complex compensation programs and initiatives to support the organization's strategic plan

Operates with substantial latitude for unreviewed action or decision

Administers salary and wage programs and ensures equitable and consistent application of compensation policies and guidelines

Studies and analyzes wage and/or salaried jobs using current market data

Evaluates jobs using established evaluation systems, determines grades and prepares records of the validity of the evaluations

Conducts compensation surveys and participates in compensation surveys conducted by other organizations

Develops, recommends, and writes job evaluation and compensation procedures

Assists in the administration of performance management programs and incentive and merit programs

Audits and reviews salaries for conformance to policy

Audits evaluation of jobs and application of existing job classifications to individuals

Conducts market analyses and job evaluations for assigned areas

Recommends appropriate salary grades and job titles based on external market data and/or analysis of internal positions

Consults with management, HR Coordinators and others on new job development and organizational structure changes

Provides expert advice on all issues related to the Prisma Health Compensation Program, compensation policies and compensation procedures

Advises management regarding salary administration problems and issues including hiring offers, incentive and merit evaluations, equity adjustments, other pay related issues

Conducts research and interprets compensation policy and guidelines for management

Monitors compliance with compensation policies and guidelines

Collaborates with management and other Human Resources functional areas to enhance the level of human resources support provided to departments

Formulates, develops and implements organization-wide compensation projects and initiatives

Conducts cost analysis projects as necessary to determine financial impact of job grade adjustments and equity adjustments

Collects and manipulates data obtained throughout the use of HRIS and payroll software and manual data collection methods

Performs annual review of market conditions to determine appropriate salary structure changes and specifications for annual merit program

Compiles and analyzes cost implications for merit and salary structure recommendations

Assists in the development of the annual salary budget

Assists in the collection of data and participates in salary surveys

Evaluates survey data to identify market trends

Recommends appropriate actions based on findings

Coordinates and processes special pay requests

Identifies and resolves problems regarding employee compensation

Maintains knowledge of legal issues including Fair Labor Standards Act (FLSA) and advises management regarding legal compliance

Assists in the development and implementation of salary administration guidelines

Revises the Compensation Guide annually

Maintains current job description database

Maintains and updates job class tables in Human Resources Information Systems

Coordinates with Employee Information as necessary to ensure individual employee records are changed

Performs other duties as assigned

Qualification

Compensation analysisJob evaluationMarket analysisHRIS proficiencyData analysisPHR certificationSHRM-CP certificationCommunication skillsOrganizational skillsInterpersonal skillsProblem-solving skillsTime management skills