Compensation Analyst Intermediate

Posted 2 Days Ago
Be an Early Applicant
Home, PA
Junior
Hospitality
The Role
The Compensation Analyst is responsible for developing and administering Geisinger’s employee compensation program, ensuring market competitiveness and compliance with regulations, benchmarking jobs, and educating managers on compensation practices. The role includes analyzing job descriptions, conducting market research, administering compensation forecasts, and assessing pay equity.
Summary Generated by Built In

Location:

Work from home (Pennsylvania)

Shift:

Days (United States of America)

Scheduled Weekly Hours:

40

Worker Type:

Regular

Exemption Status:

Yes

Job Summary:

Responsible for the assessment, development, implementation and administration of Geisinger’s system-wide employee compensation program. Ensures compensation practices are market competitive, reasonable and compliant with all applicable federal and state regulatory requirements. Establishes compensation levels and practices that are fair and equitable and that enhance the selection and retention of a qualified workforce.

Job Duties:

  • Conducts ongoing, thorough market research at a macro and micro level to ensure that the system’s compensation programs are market competitive and meet regulatory requirements.
  • Benchmarks jobs using salary survey results and provides recommendations for salary grade placement, market adjustment, and minimum hiring rates.
  • Reviews and approves job descriptions and ensures that descriptions are compliant with system standards and external regulations.
  • Educates and trains managers and employees on compensation practices and guidelines, verbally and in writing. Develops education and training material as applicable.
  • Evaluates requests for new, existing or modified jobs by completing thorough job analysis and assessment. Reviews job duties, qualifications, and certification requirements and performs comparative analyses of positions to assess the level and complexity of the positions and for placement at the appropriate salary grade level.
  • Administers the position review and cost analysis associated with the annual compensation forecast, ad-hoc requests, department reorganizations, new programs, and merger and acquisitions.
  • Recommends participation in, submits data to, and analyzes external third-party salary surveys used in benchmarking.
  • Evaluates, recommends, and provides cost analysis for pay arrangements used to recruit and retain employees.
  • Analyzes reasonableness and fair market value of compensation arrangements.
  • Routinely assesses pay equity and salary compression.
  • Keeps abreast of the regulatory landscape that governs compensation at a state and federal level.
  • Creates and maintains compensation processes that support the system’s human capital management system. Responsible for completing tasks and system configuration as needed. 

Work is typically performed in an office environment. Accountable for satisfying all job specific obligations and complying with all organization policies and procedures. The specific statements in this profile are not intended to be all-inclusive. They represent typical elements considered necessary to successfully perform the job.

Position Details:

Education:

Bachelor's Degree- (Required)

Experience:

Minimum of 2 years-Related work experience (Required)

Certification(s) and License(s):

Skills:

Communication, Computer Literacy, Group Problem Solving

OUR PURPOSE & VALUES: Everything we do is about caring for our patients, our members, our students, our Geisinger family and our communities.

  • KINDNESS: We strive to treat everyone as we would hope to be treated ourselves.
  • EXCELLENCE: We treasure colleagues who humbly strive for excellence.
  • LEARNING: We share our knowledge with the best and brightest to better prepare the caregivers for tomorrow.
  • INNOVATION: We constantly seek new and better ways to care for our patients, our members, our community, and the nation.
  • SAFETY: We provide a safe environment for our patients and members and the Geisinger family. 

We offer healthcare benefits for full time and part time positions from day one, including vision, dental and domestic partners. Perhaps just as important, we encourage an atmosphere of collaboration, cooperation and collegiality.

We know that a diverse workforce with unique experiences and backgrounds makes our team stronger. Our patients, members and community come from a wide variety of backgrounds, and it takes a diverse workforce to make better health easier for all.  We are proud to be an affirmative action, equal opportunity employer and all qualified applicants will receive consideration for employment regardless to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or status as a protected veteran.

The Company
HQ: Danville, Pa
14,203 Employees
On-site Workplace
Year Founded: 1915

What We Do

Geisinger is comprised of 13 hospital campuses, two research centers, a college of medicine and a nearly 600,000-member health plan serving more than three million residents in central, south-central and northeast Pennsylvania and beyond. We have approximately 26,500 employees, including over 1,700 employed physicians, all of whom share a commitment to quality healthcare.

For more information, visit geisinger.org/careers or connect with us on Facebook, Instagram, LinkedIn and Twitter.

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