Compensation Analyst Intermediate
Job Summary
Responsible for the assessment, development, implementation and administration of Geisinger’s system-wide employee compensation program. Ensures compensation practices are market competitive, reasonable and compliant with all applicable federal and state regulatory requirements. Establishes compensation levels and practices that are fair and equitable and that enhance the selection and retention of a qualified workforce.
Job Duties
- Conducts ongoing, thorough market research at a macro and micro level to ensure that the system’s compensation programs are market competitive and meet regulatory requirements.
- Benchmarks jobs using salary survey results and provides recommendations for salary grade placement, market adjustment, and minimum hiring rates.
- Reviews and approves job descriptions and ensures that descriptions are compliant with system standards and external regulations.
- Educates and trains managers and employees on compensation practices and guidelines, verbally and in writing. Develops education and training material as applicable.
- Evaluates requests for new, existing or modified jobs by completing thorough job analysis and assessment. Reviews job duties, qualifications, and certification requirements and performs comparative analyses of positions to assess the level and complexity of the positions and for placement at the appropriate salary grade level.
- Administers the position review and cost analysis associated with the annual compensation forecast, ad-hoc requests, department reorganizations, new programs, and merger and acquisitions.
- Recommends participation in, submits data to, and analyzes external third-party salary surveys used in benchmarking.
- Evaluates, recommends, and provides cost analysis for pay arrangements used to recruit and retain employees.
- Analyzes reasonableness and fair market value of compensation arrangements.
- Routinely assesses pay equity and salary compression.
- Keeps abreast of the regulatory landscape that governs compensation at a state and federal level.
- Creates and maintains compensation processes that support the system’s human capital management system. Responsible for completing tasks and system configuration as needed.
Work is typically performed in an office environment. Accountable for satisfying all job specific obligations and complying with all organization policies and procedures. The specific statements in this profile are not intended to be all-inclusive. They represent typical elements considered necessary to successfully perform the job.
Position Details
This posting reflects an opening for a Compensation Analyst Intermediate and we are seeking candidates for that position. Geisinger reserves the right to consider applicants for higher levels of this role to include Compensation Analyst Senior based on their skills, qualifications, and experience. We encourage all qualified individuals to apply.
Education
Bachelor's Degree- (Required)Experience
Minimum of 2 years-Related work experience (Required)Skills
Communication; Computer Literacy; Group Problem SolvingAbout Geisinger
Founded more than 100 years ago by Abigail Geisinger, the system now includes ten hospital campuses, a 550,000-member health plan, two research centers and the Geisinger Commonwealth School of Medicine. With nearly 24,000 employees and more than 1,700 employed physicians, Geisinger boosts its hometown economies in Pennsylvania by billions of dollars annually. Learn more at geisinger.org or connect with us on Facebook, Instagram, LinkedIn and Twitter.
Our Commitment to Diversity, Equity and Inclusion
Geisinger values who you are, where you are from, and where you are going. We seek out people of various backgrounds and cultures with unique abilities, non-traditional career paths and ambitious aspirations. We are an Affirmative Action, Equal Opportunity Employer. Women and Minorities are encouraged to apply. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of disability or their protected veteran status. Read more about Our Commitment to Inclusive Recruiting.
Our Vision & Values
Everything we do is about making better health easier for our patients, our members, our students, our Geisinger family and our communities.
KINDNESS: We strive to treat everyone as we would hope to be treated ourselves.
EXCELLENCE: We treasure colleagues who humbly strive for excellence.
LEARNING: We share our knowledge with the best and brightest to better prepare the caregivers for tomorrow.
INNOVATION: We constantly seek new and better ways to care for our patients, our members, our community, and the nation.
SAFETY: We provide a safe environment for our patients and members and the Geisinger family.
Our Benefits
We offer healthcare benefits for full time and part time positions from day one, including vision, dental and prescription coverage.
A place where you can lead a healthy lifestyle and follow your dreams.
Only at Geisinger.
Best employer for healthy lifestyles – National Business Group
Access to 121 state parks