Compensation Analyst

Compensation Analyst

At BayCare, we are proud to be one of the largest employers in the Tampa Bay area. Our network consists of 16 community-based hospitals, a long-term acute care facility, home health services, outpatient centers and thousands of physicians. With the support of more than 30,000 team members, we promote a forward-thinking philosophy that's built on a foundation of trust, dignity, respect, responsibility and clinical excellence.

BayCare is seeking a detail-oriented and analytical Compensation Analyst to support the development, administration, and evaluation of compensation programs that ensure market competitiveness, internal equity, and regulatory compliance. This role partners with Human Resources and organizational leaders to provide compensation expertise, conduct market analyses, and support compensation initiatives across the health system.

Key Responsibilities

• Analyze compensation data and market trends to ensure competitive pay practices.
• Conduct salary benchmarking and participate in compensation surveys.
• Support the development and maintenance of salary structures, pay grades, and compensation tables.
• Prepare and evaluate job descriptions, determine appropriate pay grades and salary ranges, and assess exemption status.
• Maintain accurate records related to job evaluations and compensation analyses.
• Assist in the development and maintenance of compensation philosophies, policies, and programs.
• Partner with HR professionals and leaders to address compensation-related questions and provide recommendations.
• Monitor compensation practices for compliance with federal, state, and local laws and regulations.
• Perform compensation-related calculations, analyses, and audits.
• Develop reports, presentations, and recommendations to support leadership decision-making.

Required Qualifications

Education

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.

Experience

• Minimum of 2 years of experience in compensation analysis, or
• 3 years of progressive experience in a related Human Resources role.

Preferred Skills & Competencies

• Strong analytical, quantitative, and problem-solving skills.
• Advanced proficiency in Microsoft Excel and HRIS systems.
• Knowledge of compensation laws, regulations, and industry best practices.
• Excellent communication and presentation skills.
• Experience with reporting, analytics, and data visualization tools.
• Strong attention to detail and organizational skills.
• Ability to handle confidential information with professionalism and discretion.

Benefits

• Comprehensive medical, dental, and vision benefits
• Generous paid time off
• Tuition reimbursement
• 401(k) with company match and additional annual contribution
• Annual performance evaluations with merit increases
• Annual team award bonus opportunities
• Community discounts and wellness offerings
• Career development and growth opportunities
• The chance to be part of an amazing team and one of the best places to work in healthcare

BayCare Values

At BayCare, we are committed to demonstrating our core values of Trust, Respect, and Dignity in every interaction with patients, families, team members, and the communities we serve. These values guide our actions and support our shared commitment to excellence.

Ideal Backgrounds: Compensation Analyst, Compensation Specialist, Total Rewards Analyst, HR Analyst, HR Business Partner, HR Generalist with compensation responsibilities, or Financial Analyst with compensation experience.

Location: BayCare System Office East, Clearwater Florida Status: Full Time | Exempt: Yes Schedule: Monday–Friday, 8:30 AM – 5:00 PM Weekend Work: None On-Call: No Work Arrangement: Hybrid (3 days onsite) Equal Opportunity Employer Veterans/Disabled