Compensation Analyst
$83.16k - $117.46kRWJBarnabas Health
Compensation Analyst
Req #: 0000250410 Category: Human Resources Status: Full-Time Shift: Day Facility: RWJBarnabas Health Corporate Services Department: Total Rewards Pay Range: $83,156.00 - $117,458.00 per year Location:
379 CAMPUS DRIVE, SOMERSET, NJ 08873
Job Title: Data Analyst
Location: RWJ - 379 Campus Dr, Somerset
Department Name: Total Rewards
Req #: 0000250410
Status: Salaried
Shift: Day
Pay Range: $83,156.00 - $117,458.00 per year
Pay Transparency:
The above reflects the anticipated annual salary range for this position if hired to work in New Jersey.
The compensation offered to the candidate selected for the position will depend on several factors, including the candidate's educational background, skills and professional experience.
Setting the Stage:
Supports the design, implementation and administration of compensation programs and policies. Serves as the analytical backbone of the Compensation Team. Responsible for the integrity of external market data and the smooth operation of the annual compensation planning process.
As a Compensation Analyst, a typical day might include:
- Accountability for the salary survey submission process
- Tracking surveys and due dates
- Preparing compensation profile, position matches and data compilation for salary survey submission
- Supporting the annual market pricing process, will analyze salary survey results to assess market competitiveness, and effectiveness of pay related program
- Making recommendations based on data and analysis
- Supporting the job evaluation process by conducting job description evaluations
- Appropriately places/slots jobs within the system compensation structure to ensure external market competitiveness and internal equity
- Building & maintaining annual compensation calendar
- Partnering with the compensation team to organize key projects and milestones throughout the year
- Partnering with Benefits & Retirement to determine any overlaps and leverage synergies
- As requested, conducting market analysis for individual employees/titles and develops recommendations for pay adjustments, promotional or developmental increases, and hiring ranges
- Will be working with Talent Acquisition to develop candidate offers
- Point person for MSP (My Service Portal) requests
- Responding to inquiries in a timely fashion and collaborates with other members of the compensation team, as needed, to ensure appropriate responses
- Compiling, analyzing, interpreting and/or process data to support HR needs including, but not limited to -- union negotiations, bonus payouts, year-end transfers, and mass pay rate adjustments
- Performing special projects as assigned, may include ad-hoc research, analysis and conducting surveys in order to provide guidance on current and future Compensation programs
To be Considered for this Opportunity:
You must have a BS Degree in Human Resources Management or a relevant discipline required. A minimum of 4 years of experience in Compensation, financial analysis, or other related experience preferred. CCP certification is preferred. Ability to manage projects of varying complexity. Attention to detail. Strong Excel skills. Highly analytical; ability to leverage and analyze data.
Benefits and Perks:
At RWJBarnabas Health, our employees are at the heart of everything we do. Driven by our Total Wellbeing promise, our market-competitive offerings include comprehensive benefits and resources to support our employees' physical, emotional, financial, personal, career, and community wellbeing. These benefits and resources include, but are not limited to:
Paid Time Off including Vacation, Holidays, and Sick Time
Retirement Plans
Medical and Prescription Drug Insurance
Dental and Vision Insurance
Disability and Life Insurance
Paid Parental Leave
Tuition Reimbursement
Student Loan Planning Support
Flexible Spending Accounts
Wellness Programs
Voluntary Benefits (e.g., Pet Insurance)
Community and Volunteer Opportunities
Discounts Through our Partners such as NJ Devils, NJ PAC, and Verizon
....and more!
Choosing RWJBarnabas Health!
RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team. We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time. As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health.
RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey-whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.
Equal Opportunity Employer
#LI-SK1
At RWJBarnabas Health, our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees physical, emotional, social, and financial health.
- Paid Time Off (PTO)
- Medical and Prescription Drug Insurance
- Dental and Vision Insurance
- Retirement Plans
- Short & Long Term Disability
- Life & Accidental Death Insurance
- Tuition Reimbursement
- Health Care/Dependent Care Flexible Spending Accounts
- Wellness Programs
- Voluntary Benefits (e.g., Pet Insurance)
- Discounts Through our Partners such as NJ Devils, NJ PAC, Verizon, and more!
RWJBarnabas Health is an Equal Opportunity Employer
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