Compensation Analyst - Beacon Health System
Granger, IN 46530
About the Job
Reports to the Supervisor of Compensation. Assists with the administration of Beacon Health System's compensation programs, ensures that job descriptions are current, analyzes market salary survey data, recommends pay grade assignments for jobs, maintains the performance appraisal program and assists in the development and communication of compensation programs, procedures and policies. Conducts research and makes recommendations to maintain a competitive and internally equitable salary structure. Creates and maintains various compensation reports.
MISSION, VALUES and SERVICE GOALS- MISSION: We deliver outstanding care, inspire health, and connect with heart.
- VALUES: Trust. Respect. Integrity. Compassion.
- SERVICE GOALS: Personally connect. Keep everyone informed. Be on their team.
Maintains Beacon Health System's wage and salary structure to remain competitive and internally equitable by:
- Developing, writing and updating job descriptions from interviews, position analysis questionnaires, observations of associates performing their work and/or discussions with management.
- Ensuring that job descriptions are updated on a regular basis in compliance with Beacon Health System's job description policy.
- Collecting, analyzing and reporting market salary survey data in order to assign positions to the appropriate pay grade and for general pay increases, promotions and special pay adjustments.
- Conducting comprehensive market reviews for each entity as scheduled.
- Recommending pay rates for new associates, promotional increases, transfers, and special pay adjustments as requested.
- Researching records and associate files to evaluate and analyze internal pay equity and to address other pay-related concerns and issues. Also communicating information regarding the results as required.
- Conducting reviews of positions, job families and comparable positions to ensure internal pay equity.
- Ensuring that the job code database is maintained so that positions are established correctly in the Human Resource Information System (HRIS) and updated when needed. Also facilitating the on-line position requisition process by ensuring that job codes for new positions are set up in the HRIS in a timely manner.
- Utilizing and updating systems used by Compensation to access salary data that is necessary to complete various salary survey questionnaires by the communicated deadline. Also utilizing knowledge of various positions to appropriately match positions and complete surveys accurately.
- Preparing and maintaining required records, reports, pay grade listings, salary schedules, correspondence and other documents.
- Performs audit including but not limited to associates under the minimum of their pay grade, RNs are at the correct RN grid rate, non-skilled jobs are at the appropriate rate, weekend alternative hours are being met, add on review, etc.
Monitors the performance appraisal program and ensures that Performance Review Forms are completed in a timely manner and merit (base pay performance) pay increases have been approved by:
- Auditing completed Performance Review Forms for appropriate pay increase percentages; also notating discrepancies that are not in compliance with the program.
- Ensuring that the performance appraisal database is up-to-date, and that Performance Review Forms (both 90-day and annual) are entered in the HRIS.
- Maintaining records to ensure that base pay performance increases are given only to eligible associates according to established guidelines.
- Processing annual pay increases accurately and ensuring they are done in accordance with the entity's policy.
Communicates information related to compensation programs and assists with the implementation of various pay increase processes by:
- Providing information regarding compensation programs and policies to management in a timely manner.
- Interacting with department directors and managers to answer questions and address concerns regarding such things as: compensation programs, pay practices, internal pay equity among associates and compensation policies and procedures.
- Collaborating with the HRIS team and the Finance Department (payroll) staff to implement merit (base pay performance) increases and other pay adjustments. Also responding to pay-related questions regarding individual associates (from both associates and management).
- Creating and maintaining accurate compensation reports in response to various requests from within the department and from areas throughout the BHS organization.
- Providing training sessions regarding compensation-related topics and the performance appraisal program.
- Responsible for attending the Union negotiations sessions, providing recommendations, validating pay ranges in the Union Agreement and processing all related increases.
- Provides data as requested by the Bureau of Labor Statistics, Department of Labor, etc.
Performs other functions to maintain personal competence and contribute to the overall effectiveness of the department by:
- Contributes to the overall effectiveness of the department by completing other job-related assignments and special projects as directed.
- Serves on committees as requested.
Associate complies with the following organizational requirements:
- Attends and participates in department meetings and is accountable for all information shared.
- Completes mandatory education, annual competencies and department specific education within established timeframes.
- Completes annual employee health requirements within established timeframes.
- Maintains license/certification, registration in good standing throughout fiscal year.
- Direct patient care providers are required to maintain current BCLS (CPR), and other certifications as required by position/department.
- Consistently utilizes appropriate universal precautions, protective equipment, and ergonomic techniques to protect patient and self.
- Adheres to regulatory agency requirements, survey process and compliance.
- Complies with established organization and department policies.
- Available to work overtime in addition to working additional or other shifts and schedules when required.
Commitment to Beacon's six-point Operating System, referred to as The Beacon Way:
- Leverage innovation everywhere.
- Cultivate human talent.
- Embrace performance improvement.
- Build greatness through accountability.
- Use information to improve and advance.
- Communicate clearly and continuously.
Education and Experience
The knowledge, skills and abilities as indicated below are normally acquired through the successful completion of a bachelor's degree in human resources management, Business Administration or a related area, relevant experience may be accepted in lieu of degree. A minimum of two years of experience in Human Resources is required. Previous experience in developing and maintaining compensation programs is preferred.
Knowledge & Skills
- Requires the analytical skills to conduct job analyses, assess labor market statistics and provide input regarding the maintenance of equitable pay relationships among associates.
- Requires knowledge of compensation programs, policies and procedures.
- Requires strong computer skills including knowledge of word processing, spreadsheets and database programs.
- Demonstrates the organization skills and detail orientation necessary to prepare clear, accurate job descriptions, reports and written recommendations regarding compensation-related topics, etc.
- Demonstrates the interpersonal and communication skills (both verbal and written) necessary to communicate, with all levels of staff, in an effective and positive manner. Also, must be able to provide explanations about various pay programs, the results of market reviews, job evaluations, policies and procedures, etc.
- Requires the ability to work in a team environment.
- Demonstrates skills in multi-tasking and the ability to prioritize tasks.
Working Conditions
- Works in an office environment.
Physical Demands
- Requires the physical ability and stamina to perform the essential functions of the position.
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