Compensation Analyst

Posted Yesterday
2 Locations
In-Office or Remote
Entry level
Healthtech
The Role
The Compensation Analyst provides support for compensation programs, conducts market analysis, maintains pay equity, and manages job codes while collaborating with HR leadership.
Summary Generated by Built In

At UC Health, we're proud to have the best and brightest teams and clinicians collaborating toward our common purpose: to advance healing and reduce suffering.

As the region's adult academic health system, we strive for innovation and provide world-class care for not only our community, but patients from all over the world. Join our team and you'll be able to develop your skills, grow your career, build relationships with your peers and patients, and help us be a source of hope for our friends and neighbors.

The Compensation Analysts provide support for compensation programs that attract, retain, and motivate top talent while ensuring internal equity and external market competitiveness. Responsible for organizing and managing salary surveys and acts as administrator of MarketPay for the compensation team. Conducts audits, analysis, and assists in automating distribution of compensation communications.  

Responsibilities

Job Market Analysis: 
•    Perform market analysis on new and existing positions using established systems and standardized forms such as compensation surveys and industry data. This analysis will include pay grade and FLSA classification recommendations.  This will require collaboration with HR Director, HR Manager and HR Business Partners
•    Subject matter expert for the compensation pricing tool, currently Marketpay. 

Pay Equity:
•    Assist in ongoing efforts to determine and maintain pay equity, both internally and externally. 
•    Analyzes current employee data, not limited to paygrade structure, experience level, and position in range. 
   
Audits and Reporting
•    Conduct weekly audits and completes data entry as needed.
•    Prepare compensation reports, dashboards, and analytics for HR leadership and business partners as needed.

Compensation Survey Participation:
•    Lead participation in workforce and compensation surveys.

Compliance:
•    Assist in the standardization of pay policies and practices across UC Health.  Help to identify potential pay issues and offer recommendations.
•    Analyze internal pay structures to ensure fairness, competitiveness, and compliance with applicable regulations.

Job Code Maintenance: 
•    Maintain a Job Code library for job codes, pay grades, shift differential, etc.  Create new, maintain current and delete obsolete job codes in the HRIS system.

Annual Merit Process Implementation: 
•    Be an expert in the annual performance appraisal process and the annual merit process.

Other Duties as Assigned

Qualifications

Minimum Required: Bachelor's Degree - Any. Finance, IT, Psychology, Accounting, etc. | Preferred: PHR, CCP, SHRM-CP. | No experience required.

Top Skills

Hris
Marketpay
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The Company
HQ: Cincinnati, OH
4,396 Employees

What We Do

UC Health brings together the region’s top clinicians and researchers to provide world-class care to our community. From our flagship University Hospital to our state-of-the-art West Chester Hospital, UC Health delivers the absolute best in treatment and care. Continually recognized for excellence and backed by the academic strength of the University of Cincinnati, one of the nation’s top 25 public research universities, UC Health is revolutionizing how discovery-driven care is delivered. It’s all part of UC Health’s mission to provide the highest quality and most compassionate healthcare through cutting edge clinical services, teaching, innovation and research across medical specialties. UC Health is an equal opportunity M/F/Disabled/Veterans employer committed to a diverse and inclusive work environment. www.uchealth.com/careers

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