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Sheppard Pratt · 16 hours ago

Compensation Analyst

Towson, MD

Full-time

Onsite

Entry, Mid Level

$61K/yr - $97K/yr

2+ years exp

Sheppard Pratt is a healthcare organization dedicated to improving lives. They are seeking a Compensation Analyst who will be responsible for job description maintenance, compensation administration, and market pay analysis while ensuring compliance with employment regulations.

CharityEducationHealth CareNon ProfitSpecial Education

Responsibilities

Actively seeks to provide quality services that meet the needs of Sheppard Pratt managers, employees and applicants

Demonstrates commitment to confidentiality and fairness in all communications and actions

Prepares and maintains job descriptions; ensures descriptions accurately reflect the work being performed by incumbents

Interviews and surveys employees and managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job

Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate pay range

Prepares and maintains job classifications and pay scales. Maintains active position and pay scale data in HRIS, communicates data to Finance Office for budget software/planning, and prepares and disseminates reports as needed

Documents and maintains Sheppard Pratt policies and practices subject to leadership approval. Administers and communicates approved policies and practices. Reviews pay practices and policies, making recommendations for revisions if necessary

Plans and communicates preferred methods and best practices for compensating employees

Works with IT to import pay increase files for general increases, market adjustments and related mass changes. Assures the integrity of data

Participates in and gathers data from market-based compensation surveys; benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position

Uses spreadsheet and data analysis techniques to assess results and market trends

Maintains knowledge of economic conditions, labor market, competitive landscape and other factors related to ensuring the organization provides competitive and reasonable compensation

Maintains knowledge of trends, developments, and best practices in compensation administration

Advises management on applicable state and federal employment regulations, compensation policies, human resource procedures

Explains and maintains strong knowledge base of policies and legal constraints; effectively communicates these to managers and employees

Completes records, reporting, and other documentation required by federal, state, and provider rules, regulations, and policies

Provides consultation to recruiters in determining job offers and pay equity reviews

Works in close collaboration with the Payroll Manager to assure that payroll reflects approved policies, practices, and legal compliance

Collaborates with HR staff across each practice area for both compensation issues and overarching Human Resources projects

Takes an active role in coordinating the integration of Community Services compensation and job descriptions into a combined compensation program

Participates in other projects and assignments as needed

Qualification

Compensation analysisHuman resource lawsData analysisMicrosoft Office SuiteCommunication skillsResearch methodsOrganizational skillsAttention to detailTime management

Required

Work requires a Bachelor's degree in Human Resource Management, Business Administration, or related field; CCP or HRCI/SHRM certification may be substituted for degree

Work requires at least 2 years' compensation analyst experience, preferably in a healthcare, nonprofit or education environment

excellent verbal and written communication skills

comprehensive knowledge of human resource laws, regulations and best practices

extensive knowledge of quantitative and qualitative research methods

excellent organizational and time management skills

proficiency with Microsoft Office Suite or similar software

proven attention to detail and accuracy in maintaining data, files and systems

analytical ability sufficient to extract and analyze data from written material, observation and communications, make statistical calculations, develop reports and systems to facilitate efficient decision-making

Preferred

CCP, HRCI or SHRM certification preferred

Benefits

A commitment to professional development, including a comprehensive tuition reimbursement program to support ongoing education and licensure and/or certification preparation

Comprehensive medical, dental and vision benefits for benefit eligible positions

403b retirement match

Generous paid-time-off for benefit eligible positions

Complimentary Employee Assistance Program (EAP)

Generous mileage reimbursement program