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    Compensation Analyst - Los Angeles, United States - Franciscan Missionaries of Our Lady Health System

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    Description
    Job Summary
    Assists in administering the wage and salary program for the organization. Studies, evaluates jobs , and determines pay grades for new and existing jobs. Participates in compensation surveys, audits evaluation of jobs and application of existing job classes to individuals. Provides support to other HR professionals within the organization regarding compensation issues and needs.
    Job Requirements
    2 years compensation experience (master's degree substitutes for all required experience)
    Bachelor's Degree
    Excellent analytical & critical thinking skills, interpersonal & human relations skills, oral & written communication skills, and good time management/prioritization skills, good computer skills (Excel), good organizational skills
    Job Function
    Administers Compensation Systems

    Reviews job descriptions submitted by HR team to determine proper slotting within current salary structure
    Researches and analyzes market data
    Prepares management reports related to compensation
    Develops, recommends, and implements compensation policies and procedures
    Recommends and implements improvements to compensation system

    Communicates compensation policies and practices to the Facilities and refers special problems to the Director of Compensation; Develops, recommends, and writes compensation procedures.

    Enters & Analyzes Data


    Researches and addresses compensation data issues when surfaced; coordinates with appropriate function (Payroll, HRIS, Accounting, Timekeeping, etc.) when necessary to address and implement employee database system adjustments and answers Compensation questions.

    Enters and maintains accurate Compensation data in Lawson and performs routine audits to confirm data is accurate; maintains Job Codes (HR06), Position Codes (PA02) and Shift Differentials (PR24) and the data fields associated with these screens.

    Performs audits on various HR data to determine compliance with established compensation guidelines, policies and processes

    Salary Surveys


    Conducts and participates in published salary surveys and maintains an up-to-date salary survey library for use in salary planning and design.

    Maintains survey database of job matches (composites) in market data tool for all benchmark jobs in the Health System.

    Provides Support


    Supports Mgmt and facility HR professionals on Compensation issues such as promotional increases, hire-in salaries, minimum wage adjustments, market adjustments, etc.

    Attends meetings as required and participates in committees as directed

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