Sr Compensation Analyst at Children’s National Hospital

Silver Spring, Maryland, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Jan, 26

Salary

0.0

Posted On

04 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Advanced Analytical Skills, Data Visualization Tools, Compensation Analysis, Market Pricing, Job Evaluations, Pay Structure Assessments, Forecasting Costs, Project Management, Compliance, Resource Administration, Regulatory Knowledge, Audit Reviews, Communication, Training Activities, Vendor Support, Process Enhancements

Industry

Biotechnology Research

Description

This is a project-based role. The Senior Comp Analyst serves as a subject matter expert, leading Compensation analyses and consultative support to HR and business leaders by providing best practice guidance and recommendations, and ensuring pay practices are competitive, market-relevant, strategic, and compliant with regulatory requirements. Minimum Education Bachelor's Degree in Human Resources, Business, Finance, or related field. (Required) Master's Degree Related field. (Preferred) Minimum Work Experience 5 years of related HR/Data/Finance experience (minimum of 3 years direct Compensation experience) (Required) Required Skills/Knowledge Advanced analytical skills and experience with data visualization tools (e.g. Power BI, Tableau, etc.) Required Licenses and Certifications Certified Compensation Professional (CCP) (Preferred) Functional Accountabilities Compensation Analysis Serve as primary compensation point of contact for assigned client groups, responsible for partnering and consulting on Compensation related items with HR partners and Business Leaders. Leads various Compensation analyses such as, market pricing, job evaluations, and pay structure assessments. Analyze and model compensation scenarios, forecasting costs and implications. Responsible for more complex Compensation requests (salary offers, equity reviews, job evaluations, FLSA, Union pay inquiries, etc.) and ensuring accuracy and alignment of output from Analysts. Programs/Projects Lead/participate in implementing designated compensation programs/projects (not limited to) such as annual performance management and merit increases, annual incentive payout, special market adjustments, union negotiation analysis and support, etc. Monitors and ensures project progress, adherence and ongoing communications. Oversees compensation survey management and participation for assigned surveys, including project planning, timelines, accurate data and timely submissions. Provides audit oversight of surveys from Analysts. Partners with the Program Manager and Compensation Manager to implement program communications and training activities for projects and initiatives. Compliance & Resource Administration Serves as a resource for compensation applications (such as MarketPay, JDXpert) for data updates, user assistance and vendor support. Oversight of compensation resources ensuring timely and efficient updates, communication and ongoing assessment of process enhancements. In partnership with the Program Manager and Compensation Leadership, develop and implement compensation programs and policies, enhancements and recommendations. Maintains working knowledge of regulatory matters to ensure compliance and proactive assessment of changes impacting the organization. Preemptively seeks information and knowledge sharing. Provides ongoing process and audit reviews; serve as peer review lead to ensure compliant fiscal safeguards.

Responsibilities

The Senior Compensation Analyst serves as a subject matter expert, leading compensation analyses and providing consultative support to HR and business leaders. Responsibilities include overseeing compensation programs, ensuring compliance, and conducting various compensation analyses.