At Labcorp, you are part of a journey to accelerate life-changing healthcare breakthroughs and improve the delivery of care for all. You’ll be inspired to discover more, develop new skills and pursue career-building opportunities as we help solve some of today’s biggest health challenges around the world. Together, let’s embrace possibilities and change lives!
The Compensation Analyst is an entry level compensation role responsible for transactional compensation actions and analytics, including requests from TA, HR, and the business. In this role, the incumbent will participate in salary surveys, job evaluations, and analytical assignments involving the development, implementation and administration of compensation programs.
Duties and Responsibilities:
- Participate in the administration and delivery of compensation programs
- Participate in the annual global compensation salary survey process
- Conduct job evaluations and market pricing
- Respond to compensation inquiries, ensuring on time delivery to HR and the business, adhering to high service levels and SLA requirements
- Support the development of salary increase proposals and promotions through data-driven analysis.
- Assist with research and analysis of compensation and reward programs
- Ensure compensation practices are in compliance with federal, state, and local regulations across all countries
- Conduct market research and benchmarking to support compensation programs and practices
- Provide support in the administration of salary planning, merit planning, and incentive programs
- Approve job/compensation-related actions in Workday
- Prepare compensation reporting and analyses
- Assist and support compensation-related projects, processes, and audits as needed
Minimum Education and Experience Required:
- 0 to 2 years of experience in Human Resources, Finance, or other analytical field
- Bachelor’s degree in Human Resources, Finance, Business or related field or equivalent
- Proficient in Microsoft Office (Excel, Word, PowerPoint)
Preferred Qualifications:
- Masters degree in human resources, Business Administration, or related field, or equivalent years of related experience
- Experience with HRIS Systems, including running queries, accessing and manipulating data
- Exposure to/experience in job analysis and job evaluation.
- Advanced Excel skills, including the use of pivot tables, formulas, data validation, and tables
Skills and Competencies:
- Strong analytical skills and attention to detail.
- Strong communication and interpersonal skills; presentation Fluency in English required,
- Desire to learn and take on new responsibilities
- Ability to handle sensitive data and maintain confidentiality.
Application Window: 12/20/2024
Pay Range: $55,000 - $68,000 annually
Position is remote, but preference will be given to RTP, NC candidates.
Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan. Casual, PRN & Part Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only. For more detailed information, please click here.
Labcorp is proud to be an Equal Opportunity Employer:
As an EOE/AA employer, Labcorp strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.
We encourage all to apply
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What We Do
We believe in harnessing science for human good. And so we work day and night, around the world, to deliver answers for all your health questions—whether you’re a provider, drug developer, hospital, medical researcher or patient. That means everything from advancing diagnostic testing to helping launch new drugs, to offering new perspectives through data - all drawing from a deep well of scientific expertise. So when you need trusted information to make clear, confident health decisions, consider us your source.
