Compensation Analyst

At LifeStance Health, we strive to help individuals, families, and communities with their mental health needs. Everywhere. Every day. It’s a lofty goal; we know. But we make it happen with the best team in mental healthcare.

Thank you for taking the time to explore a career with us. As the fastest growing mental health practice group in the country, now is the perfect time to join our team!

LifeStance Health Values

• Belonging: We cultivate a space where everyone can show up as their authentic self.

• Empathy: We seek out diverse perspectives and listen to learn without judgment.

• Courage: We are all accountable for doing the right thing - even when it's hard - because we know it's worth it.

• One Team: We realize our full potential when we work together towards our shared purpose.

ROLE OVERVIEW

Plays an integral role in the administration of compensation programs, policies, and procedures. Performs compensation functions, in support of the compensation philosophy and structure, providing complex analyses and compensation-related recommendations for our internal customers of leaders and human resource partners. A successful Compensation Analyst will be detailed-oriented, have a collaborative communications style and strong analytical aptitude.

COMPENSATION

$62,000 to $75,000 plus 5% MIP.

RESPONSIBILITIES

• Conduct experience analyses and recommend new hire, promotion, transfer, and market adjusted rates based on the organization’s crediting guidelines and compensation strategy.

• Review, approve and/or investigate Workday compensation-related actions to ensure accuracy and alignment with compensation strategy.

• Conduct complex modeling analyses and studies to support developing and administering effective compensation and benefits programs in accordance with the LFST total reward strategy and to ensure compliance with regulations.

• Collect market data for positions, recommending benchmark matches and scope or level adjustments. Recommend internal parity salary grade for new roles and as part of regular market reviews. of roles matching the job functions.

• Evaluate jobs for career architecture leveling, market rates and Fair Labor Standard Act (FLSA) classification.

• Research and keep abreast of compensation related regulations and compensation/total rewards trends.

• Draft and edit job descriptions, policies, and communications, including collaborating with key stakeholders.

• Assists in administering LifeStance’s performance-based programs (merit, short-term and long-term incentives), including collaborating with and guiding leaders to foster the compensation strategy and reduce bias risks.

• Identify and escalate concerns about variations from the organization’s compensation policies, strategy or federal or state compensation related regulations.

• Participate in salary surveys.

SKILLS & EXPERIENCE

• Bachelor’s degree.

  • In lieu of the degree, an additional 5 years of highly related experience or a combination of an associate’s degree and 3 years of highly relevant experience.

• At least one year as a compensation analyst or at least 3+ years of experience in a human resources, finance, payroll, or other similarly analytical role.

• Excellent data analysis and systematic problem-solving skills.

• Advanced proficiency in Microsoft Excel

• Strong business writing and editing skills and a collaborative communication approach.

• Prior experience in health care preferred.

• Experience working with Workday preferred.

• Qualified candidates must be legally authorized to be employed in the United States

• LifeStance is an EEO/Affirmative Action Employer and does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status.

• Demonstrates awareness, inclusivity, sensitivity, humility, and experience in working with individuals from diverse ethnic backgrounds, socioeconomic statuses, sexual orientations, gender identities, and other various aspects of culture.

LifeStance is an equal opportunity employer. We celebrate diversity and are fully committed to creating an inclusive work environment for all our employees. Learn more about Diversity, Equity and Inclusion at LifeStance.

Benefits
As a full-time employee of LifeStance Health, the following benefits are offered: medical, dental, vision, AD&D, short and long-term disability, and life insurance. Additional benefits include a 401k retirement savings with employer match, paid parental leave, paid time off, holiday pay and an Employee Assistance Program.