Senior Compensation Specialist

Posted 6 Hours Ago
Be an Early Applicant
Hiring Remotely in MO
Remote
65K-111K Annually
Senior level
Insurance
The Role
Lead development, administration, and maintenance of compensation programs. Advise managers on pay decisions, conduct job evaluations and salary surveys, perform market benchmarking and internal equity analysis, ensure compliance with compensation laws, manage Workday/Payfactors compensation data, and support HR partners on rewards and benefits initiatives.
Summary Generated by Built In
Looking for a way to make an impact and help people?

Join PacificSource and help our members access quality, affordable care!

PacificSource is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, or other protected status, such as race, religion, color, sex, sexual orientation, gender identity, national origin, genetic information or age. PacificSource values the diversity of our community, including those we hire and serve. We are committed to creating and fostering a work environment in which individual differences and diversity are appreciated, respected and responded to in ways that fully develop and utilize each person’s talents and strengths.

Responsible for developing, administering, and maintaining compensation programs which support our compensation philosophy. Partner with the business to enable attraction and retention of talent. Evaluate requests to establish equitable and appropriate titles, salary ranges, pay rates, exemption assignments and benefit levels. Manages projects related to compensation strategic initiatives. Effectively collaborate with other members of the HR team, and serve as a consultant to supervisors and staff across all locations.

Essential Responsibilities:

  • Manage the administration of direct compensation including the processing, recording and reporting of compensation-related actions related to both salaried and hourly paid employees.
  • Create consistent compensation guidelines and programs that match our compensation philosophy and organizational culture.
  • Create and analyze job descriptions and wage grade classifications.
  • Analyze and provide recommendations for new hire offers, promotions and internal transfers.
  • Provide advice to management on pay decisions, policy and guideline interpretation, and job evaluation, including the design of creative solutions to specific compensation-related matters.
  • Participate in, and conduct salary surveys, including the analysis of survey data and maintenance of salary survey database.
  • Keep abreast of legal, regulatory and legislative trends that relate to corporate governance and compensation.
  • Perform external market benchmarking analysis and internal equity analysis.
  • Ensure that compensation practices are in compliance with current federal, state and local compensation laws and regulations.
  • Assist Human Resources Team and other business partners throughout the organization with compensation-related issues.
  • Serve as a resource for hiring managers’ questions related to compensation.
  • Responsible for providing and maintaining compensation and benefit-related data in Workday HRIS system, ensuring the system is updated with appropriate information.
  • Keep abreast with trends and best practices in the field of compensation.

Supporting Responsibilities:

  • Meet department and company performance and attendance expectations.
  • Follow the PacificSource privacy policy and HIPAA laws and regulations concerning confidentiality and security of protected health information.
  • Perform other duties as assigned.

SUCCESS PROFILE

Work Experience: 4 years’ experience in Human Resources. Must have experience with job analysis/evaluation/wage grade structure design. Must have experience with compensation research and data analysis as they relate to compliance requirements. Must have experience with benefit administration.

Education, Certificates, Licenses: Requires BS/BA degree in Economics, Finance, Business Administration, Human Resources Management, or related field. SHRM-CP, SHRM-SCP, PHR, or SPHR Certification preferred and encouraged.

Knowledge: Ability to work well under changing priorities and deadlines with frequent interruptions required. Thorough knowledge and practical understanding of human resources functions and state and federal employment regulations, and a broad understanding of the business and the role each functional area plays. Ability to: read and interpret company policies and procedures; analyze market survey data and identify trends; present information clearly and concisely; exercise tact and diplomacy and maintain confidentiality. Proven experience in the use of Workday and Payfactors. Use of software applications to conduct daily business functions required, super-user capability preferred. Must have a passion for customer service (internal and external) and strong influencing skills.

Competencies:

Adaptability

Building Customer Loyalty

Building Strategic Work Relationships

Building Trust

Continuous Improvement

Contributing to Team Success

Planning and Organizing

Work Standards

Environment: Work inside in a general office setting with ergonomically configured equipment. Travel is required approximately 5% of the time.

Skills:

Accountability, Analytical, Collaboration, Communication (written/verbal), Compensation Analysis, Compensation Programs, Flexibility, Job Evaluations, Listening (active), Organizational skills/Planning and Organization, Pay Equity, Problem Solving, Salary Surveys, Teamwork

Compensation Disclaimer

The wage range provided reflects the full range for this position. The maximum amount listed represents the highest possible salary for the role and should not be interpreted as a typical starting wage. Actual compensation will be determined based on factors such as qualifications, experience, education, and internal equity. Please note that the stated range is for informational purposes only and does not constitute a guarantee of any specific salary within that range.

Base Range:

$65,296.83 - $111,004.62Our Values

We live and breathe our values. In fact, our culture is driven by these seven core values which guide us in how we do business:

  • We are committed to doing the right thing.

  • We are one team working toward a common goal.

  • We are each responsible for customer service.

  • We practice open communication at all levels of the company to foster individual, team and company growth.

  • We actively participate in efforts to improve our many communities-internally and externally.

  • We actively work to advance social justice, equity, diversity and inclusion in our workplace, the healthcare system and community.

  • We encourage creativity, innovation, and the pursuit of excellence.

Physical Requirements: Stoop and bend. Sit and/or stand for extended periods of time while performing core job functions. Repetitive motions to include typing, sorting and filing. Light lifting and carrying of files and business materials. Ability to read and comprehend both written and spoken English. Communicate clearly and effectively.

Disclaimer: This job description indicates the general nature and level of work performed by employees within this position and is subject to change. It is not designed to contain or be interpreted as a comprehensive list of all duties, responsibilities, and qualifications required of employees assigned to this position. Employment remains AT-WILL at all times.

Skills Required

  • 4 years' experience in Human Resources
  • Experience with job analysis, evaluation and wage grade structure design
  • Experience with compensation research and data analysis related to compliance
  • Experience with benefit administration
  • BS/BA degree in Economics, Finance, Business Administration, Human Resources Management, or related field
  • Proven experience using Workday
  • Proven experience using Payfactors
  • Thorough knowledge of federal and state employment regulations and HR functions
  • Ability to analyze market survey data, perform benchmarking and internal equity analysis
  • Ability to maintain confidentiality and follow HIPAA/privacy policies
  • Passion for customer service and strong influencing skills
  • SHRM-CP, SHRM-SCP, PHR, or SPHR Certification
  • Super-user capability with HR software/applications

PacificSource Health Plans Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about PacificSource Health Plans and has not been reviewed or approved by PacificSource Health Plans.

  • Healthcare Strength Feedback suggests medical coverage is considered strong, with "great" or "amazing" benefits and low-cost, high-quality insurance noted. Wellness, telemedicine, chronic-condition support, and preventive care features illustrate breadth of health-related offerings.
  • Leave & Time Off Breadth Feedback suggests quick PTO accrual and paid holidays are highlighted as positives. Generous time off is also cited alongside flexible scheduling and remote-work options.
  • Affordable Benefits Feedback suggests health coverage is described as low-cost by some and, in earlier accounts, even no-cost options were available. Affordable family coverage is mentioned as a contributor to overall value.

PacificSource Health Plans Insights

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The Company
HQ: Springfield, OR
1,193 Employees
Year Founded: 1933

What We Do

Founded in 1933, PacificSource is a not-for-profit health insurer for people and organizations throughout the Northwest. We’re based in Springfield, Oregon with local offices across Oregon, Idaho, Montana, and Washington. During our eight-plus decades in business, we’ve put an emphasis on human service. Because of that, we’ve earned a reputation for taking exceptional care of people and the communities in which they live, work, and play. PacificSource Products and Services: - Medical and dental benefits - Self-funded employee benefit programs - Flexible Spending Accounts - Health Reimbursement Arrangements - COBRA administration services

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