The Senior Compensation Analyst reflects the mission vision and values of NM adheres to the organizations Code of Ethics and Corporate Compliance Program and complies with all relevant policies procedures guidelines and all other regulatory and accreditation standards.
Responsibilities :
- Exercises significant discretion in interacting with all levels within the system to support compensation strategy pay programs and policies.
- Assists in implementing and administering compensation and incentive programs across the organization.
- Prepares reports and analyses to ensure equity and competitiveness of pay programs.
- Conducts research and provides summary findings to leadership and stakeholders
- Independently conducts market reviews by identifying extracting source materials (i.e. internal and external job descriptions and all components of compensation data) providing summary findings making recommendations to compensation leadership and stakeholders analyzing budgetary impact and developing implementation protocols (communication plan coordination with MyHR for data updates).
- Leads participation in annual salary surveys and serves as liaison with survey vendors. May delegate common surveys to additional support within HR to complete based on approved matches.
- Independently consults with HR colleagues leadership and employees in application of compensation practices salary determinations and new hire compensation. May provide instruction / training in a formal setting regarding compensation practices and procedures.
- Provides authorization for non-standard personnel actions interim pay and other payments as appropriate including the coordination of payments with payroll department.
- Serves as departmental NMI / intranet content manager.
- Serves as the compensation systems expert partnering with appropriate resources in the design and maintenance of the system.
- Maintains integrity of compensation data in PeopleSoft.
- Proactively identifies opportunities for operational improvement including the development and execution of subsequent action plans and routine audits.
- Manages special projects as requested.
Additional Functions
Conducts training sessions and Town Halls.Serves as PeopleSoft super-user and advises MyHR Payroll and IS when system updates require expert knowledge on compensation policies practices and programs.Other duties as assigned.Qualifications : Required :
Bachelors Degree preferably in HR Industrial / Organizational Psychology Finance or BusinessMinimum of 3 years of Compensation experience and 5 years of relevant HR / Finance experience (minimum of 8 years of total experience)Advanced proficiency with Microsoft Excel and a working proficiency of Microsoft AccessDemonstrated organizational and administrative skills to include the ability to prioritize and handle multiple tasks and projects concurrentlyExcellent attention to detailWell-developed analytical and problem-solving skills and logical reasoningDemonstrates history of exercising confidentiality and discretionKnowledge of relevant federal state and local regulations relating to Human ResourcesExcellent verbal and written communication skillsStrong interpersonal skillsAbility to travel to various sites as neededPreferred :
Masters DegreeCertified Compensation Professional (CCP) or Profession in Human Resources (PHR) designationPeopleSoft experienceHealthcare experienceAdditional Information :
Northwestern Medicine is an affirmative action / equal opportunity employer and does not discriminate in hiring or employment on the basis of age sex race color religion national origin gender identity veteran status disability sexual orientation or any other protected status.
Benefits
We offer a wide range of benefits that provide employees with tools and resources to improve their physical emotional and financial well-being while providing protection for unexpected life events. Please visit our Benefits section to learn more.
Remote Work : No
Employment Type : Full-time
Key Skills
Abinitio,Administration And Accounting,Android,Bid Management,Inventory Management,Embedded C
Experience : years
Vacancy : 1