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Riverside Health · 3 days ago

Lead Compensation Analyst

Warwick Medical & Professional Center - Newport News, Virginia

Full-time

Hybrid

Senior Level

5+ years exp

Riverside Health is seeking a Lead Compensation Analyst who will be responsible for analyzing, designing, and administering complex compensation programs to support the health system's talent strategy. This role involves leading job analysis efforts, evaluating market data, and providing strategic guidance to ensure competitive and equitable compensation decisions.

Health CareHospitalMedical

Growth Opportunities

Responsibilities

Demonstrates expert-level proficiency in evaluating new and revised job descriptions against market survey data

Provides post-cycle analytics and reporting to leadership, highlighting trends and budget impact

Gathers and analyzes market-based compensation survey data using analysis techniques to assess gap of pay ranges of benchmark job against market trends

Takes lead on complex job analysis requests and guides analysts in applying market methodology to determine competitive compensation ranges

Synthesizes data into strategic recommendations and presents findings to leadership for approval

Independently designs, recommends and administers compensation programs including base pay, long- and short-term incentives, spot bonuses, commissions, allowances, and variable pay

Maintains plan documents, audits compensation plans, and ensures compliance with regulatory requirements and policies

Applies advanced knowledge to ensure compensation programs align with organizational goals and labor market trends

Analyzes outcomes and trends of compensation events and provides recommendations to ensure outcomes align with organization people and finance goals

Serves as a compensation lead on the RH Performance Management Council, contributing to strategic planning and execution

Responsible for Council Meeting Coordination: Agenda, Minutes, Presentations Drafts

Presents findings to governance council, maintains council meeting documentation of decisions, updates compensation practice guidelines to align with strategy direction

Provides timely and accurate responses to pricing requests, processing and internal inquiries

Delegates and tracks resolution of complex cases, maintaining a high standard of service delivery

Acts as a technical specialist and mentor to Compensation Analysts, providing training on market matches, job pricing, job tier levels and pay history reviews

Advises HR Business Partners and Talent Acquisition on complex compensation matters, internal equity, hiring/offer practices and policy interpretation

Oversees the processing of HRIS Enterprise Interface Builders (EIBs) for one-time payments and compensation adjustments

Oversee annual compensation events to ensure deadlines and budgets are met in alignment with organizational goals

Leads audits of job classifications and FLSA designations, ensuring documentation and compliance with wage and hour laws

Serves as a subject matter expert on FLSA, advising HR and leadership on regulatory changes and implications

Qualification

Compensation expertiseJob analysisMarket benchmarkingCompensation modelingMicrosoft ExcelRegulatory complianceCertified Compensation ProfessionalSenior Professional in HRProblem-solvingCritical thinkingOrganizational skillsDetail oriented

Required

Bachelors Degree, Human Resources, Business or related field (Required)

5-6 years demonstrated compensation expertise: job analysis, market benchmarking, incentive plans and compensation modeling with complex programs. (Required)

Certified Compensation Professional (CCP) within 3 Years (Required) or

Senior Professional in HR (SPHR) within 2 Years (Required)