Senior Compensation Analyst

Posted 4 Days Ago
Be an Early Applicant
Bellevue, WA, USA
In-Office
116K-175K Annually
Senior level
Healthtech
The Role
Supports the design, administration, and improvement of compensation programs and incentive plans. Conducts market benchmarking, salary survey analysis, job evaluations, merit planning, and offer recommendations. Serves as a Workday compensation subject matter expert and advises HR, payroll, recruiting, and business leaders on pay decisions, compliance, and compensation policies. Also provides occasional benefits support and collaborates across the Total Rewards team.
Summary Generated by Built In
Welcome to a medical center where you're the center of attention.

Pay range:

-

Salary$116,355.00 - $174,533.00

We are seeking a Senior Compensation Analyst to support the design, administration, and continuous improvement of our compensation programs. This role plays a key part in ensuring our pay practices remain competitive, equitable, and aligned with organizational goals, while supporting a complex healthcare workforce.

The ideal candidate brings strong expertise in compensation analysis, Workday, and market benchmarking, along with the ability to partner effectively across HR, leadership, and recruiting.

Schedule

Exempt Monday - Friday

Hybrid after training period - WA residence

What You’ll Do

  • Support the design, implementation, and administration of compensation programs and incentive plans that are aligned with organizational strategy, market competitiveness, and regulatory requirements

  • Conduct ongoing market analysis, using salary surveys and industry data to ensure competitive positioning for annual increases, market adjustments, and merit planning.

  • Partner with recruiting team to develop competitive and equitable offer recommendations.

  • Serve as a Workday subject matter expert for compensation processes and reporting.

  • Conduct job evaluation for new and existing roles, with a focus on hourly positions

  • Partner with HR, Payroll, and business leaders to provide guidance on pay decisions, compensation policies, market competitiveness

  • Manage participation in salary surveys and analyze results to identify trends

  • Ensure compliance with applicable labor laws and compensation regulations (including FLSA, pay transparency regulations, etc.)

  • Provide occasional support for benefits-related initiatives, including data analysis, vendor coordination, or program administration as needed

  • Collaborate with Total Rewards team to ensure alignment across compensation and benefits programs

What you bring

Required

  • Bachelor’s degree or equivalent combination of education and experience

  • Minimum of five years’ compensation analysis experience

  • Strong analytical skills with advanced Excel capabilities and attention to detail

  • Experience working with HRIS systems (Workday strongly preferred)

  • Solid understanding of compensation principles, market benchmarking, and pay structures

Preferred

  • Healthcare industry experience strongly preferred

  • Professional certification (CCP, PHR, SPHR, or similar)

  • Experience supporting union environments or labor negotiations

  • Exposure to or experience supporting employee benefits programs

Key Skills & Attributes

  • Ability to manage multiple priorities in a fast-paced environment

  • Strong communication skills with ability to influence and partner across all levels of the organization

  • High level of discretion and ability to handle confidential information

Why join Overlake?

We're proud to offer benefits that support you in every stage of your career and life. But it's our inspirational culture that has made us one of America's Top 150 places to work in healthcare for several years in a row.

  • Local, visible leaders who care about you.
  • A values-based work environment.
  • Medical insurance premiums as low as $0 per month.
  • Many Overlake services covered at 100%.
  • Tuition reimbursement up to $10,000 per year.
  • Generous retirement plan matching starting at 5% and increasing to 7% after five years with immediate vesting.
  • Pre-tax and Roth after tax retirement savings plans.
  • An expanded Employee Assistance Program.
  • A caregiver support program to help with everything from childcare to eldercare.
  • Free parking and Orca transit passes.

If this sounds like an environment where you'll thrive, we'd love to hear from you.

How much will this job pay?

Posted pay ranges represent the entire pay scale, from minimum to maximum. For jobs with more than one level, the posted range reflects the minimum of the lowest level and the maximum of the highest level. Some positions also offer additional pay based on shift, certification or level of education. Job offers are determined based on a candidate's years of relevant experience and internal equity. If you have questions about Overlake's pay practices, employee benefits or the pay for a specific position, please contact [email protected] 

Skills Required

  • Bachelor's degree or equivalent combination of education and experience
  • Minimum of five years of compensation analysis experience
  • Strong analytical skills with advanced Excel capabilities and attention to detail
  • Experience working with HRIS systems
  • Strong understanding of compensation principles, market benchmarking, and pay structures
  • Healthcare industry experience
  • Professional certification such as CCP, PHR, SPHR, or similar
  • Experience supporting union environments or labor negotiations
  • Exposure to or experience supporting employee benefits programs
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The Company
HQ: Bellevue, WA
3,700 Employees
Year Founded: 1960

What We Do

Overlake Medical Center & Clinics is a nonprofit regional healthcare system based in Bellevue, Washington. It operates a 349-bed hospital alongside a growing network of primary, urgent-care and specialty clinics, delivering advanced medical services to the Puget Sound community. Its offerings span a broad range of hospital and outpatient care, and since its 2024 affiliation with MultiCare it serves as the flagship of MultiCare’s North Puget Sound region.

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