JOB DESCRIPTION

Join one of the nation’s most comprehensive academic medical centers, UChicago Medicine, as a Senior Compensation Analyst. This position will be primarily a work from home opportunity with the requirement to come onsite as needed. You will need to be based in the greater Chicagoland area.
In this role, and under general direction, the senior compensation analyst assists in the administration/support for daily compensation activities, annual processes, program management and ad-hoc projects. Provides internal and external business partners support in bargaining unit costing, implementation, as well as wage and step increase administration. Participates in annual compensation surveys to support market competitiveness driven by a comprehensive annual review of market data. As necessary create, audit and maintain job & pay records in enterprise HRM. Consults with all levels of internal external clients and vendors regarding compensation programs, policies and procedures. Provides training to management on compensation programs developing and leading training programs.

ESSENTIAL JOB FUNCTIONS

• Manages annual/cyclical compensation processes and programs including system updates communication materials and training materials to convey timeline and expected actions.
• Assists in the provision of training to management as applicable.
• Market price jobs using online market pricing too for all enterprise jobs.
• Develops related analysis into appropriate report format, e.g., Microsoft Excel, PowerPoint and/ or Word.
• Reviews job descriptions for consistency and adherence to guidelines and exemption test validation.
• Responds to non-routine inquiries. Conducts other competitive compensation benchmark analysis as requested.
• Supports union labor negotiations providing costing/financial modeling of market data resulting in recommendations regarding grade structure and wages.
• May participate on related committees that support negotiation sessions.
• Oversees pay changes through the Collective Bargaining Agreement wage grids partnering with internal departments to move contractual pay changes on schedule.
• Reviews surveys for pay trends, variable pay, pay practices and occupational trends.
• Collects and submits salary survey data for various compensation surveys using online market pricing tool. Track submission timelines and survey publication dates.
• Utilizes Oracle Cloud HRM system to create, edit and maintain data and/or system updates related to job, position, assignment or pay data.
• Consults with internal HRIT or IT Technology teams as necessary to ensure all related tables, fields or formulas provide desired result.
• Regularly audits data to ensure data relationships result in expected data.
• Performs other duties as assigned including relationship management of vendors and internal business partners.

REQUIRED QUALIFICATIONS

• Bachelor’s degree in human resources, finance, or related field
• Minimum of 5 years human resources compensation experience with knowledge of applicable federal laws and regulations, experience in market pricing, job description development, salary surveys, and salary administration
• Working knowledge of salary administration processes and policies
• Prior experience working with HRIS Human Resource Information Systems)
• Strong analytical skills
• Excellent verbal and written communication skills
• Ability to make decisions and operate independently with respect to complex issues and business requirements
• Ability to thrive in a changing environment
• Problem solving skills
• Strong project management and organizational skills
• Ability to meet deadlines
• Ability to work closely with others as part of a team while being able to take full responsibility for a task
• Ability to act in a professional manner and use appropriate judgment on sensitive, confidential issues

PREFERRED QUALIFICATIONS

• Certification in compensation
• Experience working with Oracle Cloud
• Background in financial modeling

Please refer the Job description for details