compensation analyst, - Chicago, United States - Riverside Healthcare

Description

US:
IL:KANKAKEE | Other Non-Clinical Professional | Full time
Posted 2 days ago
Description

We Are Hiring

At Riverside, everyday brings new and exciting challenges.

You can expect an interesting environment where you're part of making sure our organization is running optimally and safely, helping keep the community healthy.

We provide the kind of paid training and opportunities that long-term careers are built on and we recognize hard workers who strive to make a difference.

You will be able to succeed in our close-knit, safety-focused culture working together as a team. The careers we offer are meaningful because the work we do matters. Join us


FTE:

Shift:
Days


Location:

HOOVER

Summary:

The Compensation Analyst will be responsible for analyzing and evaluating Riverside Healthcare's compensation structure to ensure competitiveness and alignment with business objectives.

This role requires a deep understanding of compensation principles, excellent analytical skills, and the ability to communicate effectively with stakeholders at all levels of the organization.

Experience/Education Requirements:
Bachelor's degree in Human Resources, Business Administration, Finance, or a related field. Master's degree or professional certification (e.g., Certified Compensation Professional) is a plus.
3+ years of experience in compensation analysis or a related role, preferably in a corporate HR environment.
Strong analytical skills with the ability to interpret complex data sets and draw meaningful insights.
Proficiency in Microsoft Excel and experience with compensation analysis tools or software (e.g., PayFactors, Mercer Win).
Excellent communication and interpersonal skills, with the ability to collaborate effectively with colleagues at all levels of the organization.
Detail-oriented with a high level of accuracy and discretion when handling sensitive compensation information.

Knowledge of relevant laws and regulations governing compensation and pay transparency practices, such as the Fair Labor Standards Act (FLSA) and Equal Pay Act.

Familiarity with Paylocity preferred.
Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.

License or Certification Requirements:
Certified Compensation Professional preferred.

Responsibilities:
Paylocity experience preferred

Compensation Analysis:

Conduct detailed analysis of Riverside's compensation programs, including salaries, supplemental and variable pay, to ensure they are competitive within the industry and support our talent retention and attraction strategies along with alignment to organizational compensation philosophy.

Market Research:
Stay abreast of industry trends and best practices in compensation and benefits.

Conduct regular benchmarking salary studies to compare our compensation packages based upon compensation philosophy and provide recommendations for adjustments as needed.

Job Evaluation:

Evaluate new and existing positions within the organization to determine appropriate job classifications, salary ranges, and incentive opportunities based on factors such as job responsibilities, qualifications, and market data.

Maintains salary structure and job architecture for the health system.

Compensation Planning:

Collaborate with Recruitment staff, hiring managers, Finance and executive team, to develop and implement compensation plans for new hires, promotions, and transfers.

Ensure that compensation decisions are fair, equitable, and compliant with policies and relevant regulations including the compensation philosophy for the health system.

Annual Compensation Review:
Lead the compensation review process, including merit increases, and supplemental pay.

Prepare and present reports and recommendations to senior leadership and participate in discussions to finalize compensation decisions on both an ongoing and formal annual basis.

Data Analysis:
Collect, analyze, and interpret data related to compensation and employee demographics to identify trends, outliers, and areas for improvement. Prepare comprehensive reports and presentations to communicate findings to key stakeholders.

Policy Development:
Assist in the development and maintenance of compensation policies and procedures. Ensure our compensation practices are transparent, consistent, and aligned with our organizational values and goals. Maintains pay administration and benchmarking guides and conducts training for leaders and staff to assure consistency of communication.

Compliance:

Stay informed about relevant laws and regulations governing compensation practices, such as the Fair Labor Standards Act (FLSA) and Equal Pay Act including pay transparency.

Completes EEO, equity, Equal Pay Act and other governmental required reporting.

Ensure our compensation programs comply with all legal requirements and provide support during audits or investigations as needed as part of the total rewards package for employees.

Auditing:

Maintains and establishes processes to prevent pay errors, including conducting audits to maintain integrity of compensation structures and associated computer systems.

Riverside Healthcare is revolutionizing care using leading-edge technology to diagnose and treat patients.

We are ranked top in the nation for performance in neurosurgery, orthopedics, and heart surgery and have also been named one of the nation's 100 Top Hospitals by Truven Health Analytics seven times.

Riverside is nationally recognized for our specialty programs in obstetrics, trauma, oncology, rehabilitation, geriatrics, occupational health, psychiatric services, and treatment of alcohol and chemical dependency, as well as patient safety.

We combine innovation and convenience at state-of-the-art facilities located in communities throughout the greater Kankakee area.
Riverside Medical Center proves that truly progressive medicine is being delivered in Chicago's southwest suburbs and East Central Illinois.

Join a team that is not only concerned with providing the best care possible but also with offering a work environment of advancement and growth.

Riverside is a place that embraces a culture where opinions count and dedications is respected, where superior performance is rewarded with competitive salaries and excellent benefits.

Other information:
Exposure/Sensory Requirements

Exposure to:

Chemicals:
Refer to MSDS Sheets


Video Display Terminals:
Extreme


Blood and Body Fluids:
None

TB or Airborne Pathogens:
None other than normal hospital environment exposure.
Sensory requirements (speech, vision, smell, hearing, touch

):

Speech:
Required to communicate during presentations/training, telephone communication, facilitate meetings, communication with department visitors and employees.

Vision:
Needed to read memos and literature, read information to input into computer and check computer screen for accuracy.

Smell:
Helpful to note presence of electrical/fire safety.

Hearing:
Needed for telephone communication, meetings, alarms and listening to employee concerns.

Touch:
Needed to write, computer entry, filing.

Activity/Lifting Requirements
Percentage of time during the normal workday the employee is required to:

Sit: 90%

Twist: 0
%

Stand: 10%

Crawl: 0
%

Walk: 2%

Kneel: 0
%

Lift: 1%

Drive: 0
%

Squat: 5%

Climb: 0
%

Bend: 4%

Reach above shoulders: 2%

The weight required to be lifted each normal workday according to the continuum described below:

Up to 10 lbs:
Occasionally


Up to 20 lbs:
Occasionally


Up to 35 lbs:
Occasionally

Up to 50 lbs:
Not Required

Up to 75 lbs:
Not Required

Up to 100 lbs:
Not Required

Over 100 lbs:
Not Required

Describe and explain the lifting and carrying requirements

(Example:

the distance material is carried; how high material is lifted, etc.):

Putting away supplies, sometimes overhead. May have to carry 20' to put supplies away.

Must carry checks waist high for approximately 5'; Filling copier/printer with paper; take term filing to our remote filing location.

Maximum consecutive time (minutes) during the normal workday for each activity:

Sit: 300

Twist: 0

Stand: 60

Crawl: 0

Walk: 15

Kneel: 0

Lift: 3

Drive: 0

Squat: 3

Climb: 0

Bend: 25

Reach above shoulders: 15

Repetitive use of hands (Frequency indicated

):

Simple grasp up to 10 lbs


Normal weight:
5-10# frequent
Pushing & pulling

Normal weight:

Fine Manipulation:
Computer entry, phone dialing, writing, using calculator.
Repetitive use of foot or feet in operating machine control:

None

We Are Hiring

At Riverside, everyday brings new and exciting challenges.

You can expect an interesting environment where you're part of making sure our organization is running optimally and safely, helping keep the community healthy.

We provide the kind of paid training and opportunities that long-term careers are built on and we recognize hard workers who strive to make a difference.

You will be able to succeed in our close-knit, safety-focused culture working together as a team. The careers we offer are meaningful because the work we do matters. Join us


FTE:

Shift:
Days


Location:

HOOVER

Summary:

The Compensation Analyst will be responsible for analyzing and evaluating Riverside Healthcare's compensation structure to ensure competitiveness and alignment with business objectives.

This role requires a deep understanding of compensation principles, excellent analytical skills, and the ability to communicate effectively with stakeholders at all levels of the organization.

Experience/Education Requirements:
Bachelor's degree in Human Resources, Business Administration, Finance, or a related field. Master's degree or professional certification (e.g., Certified Compensation Professional) is a plus.
3+ years of experience in compensation analysis or a related role, preferably in a corporate HR environment.
Strong analytical skills with the ability to interpret complex data sets and draw meaningful insights.
Proficiency in Microsoft Excel and experience with compensation analysis tools or software (e.g., PayFactors, Mercer Win).
Excellent communication and interpersonal skills, with the ability to collaborate effectively with colleagues at all levels of the organization.
Detail-oriented with a high level of accuracy and discretion when handling sensitive compensation information.

Knowledge of relevant laws and regulations governing compensation and pay transparency practices, such as the Fair Labor Standards Act (FLSA) and Equal Pay Act.

Familiarity with Paylocity preferred.
Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.

License or Certification Requirements:
Certified Compensation Professional preferred.

Responsibilities:
Paylocity experience preferred

Compensation Analysis:

Conduct detailed analysis of Riverside's compensation programs, including salaries, supplemental and variable pay, to ensure they are competitive within the industry and support our talent retention and attraction strategies along with alignment to organizational compensation philosophy.

Market Research:
Stay abreast of industry trends and best practices in compensation and benefits.

Conduct regular benchmarking salary studies to compare our compensation packages based upon compensation philosophy and provide recommendations for adjustments as needed.

Job Evaluation:

Evaluate new and existing positions within the organization to determine appropriate job classifications, salary ranges, and incentive opportunities based on factors such as job responsibilities, qualifications, and market data.

Maintains salary structure and job architecture for the health system.

Compensation Planning:

Collaborate with Recruitment staff, hiring managers, Finance and executive team, to develop and implement compensation plans for new hires, promotions, and transfers.

Ensure that compensation decisions are fair, equitable, and compliant with policies and relevant regulations including the compensation philosophy for the health system.

Annual Compensation Review:
Lead the compensation review process, including merit increases, and supplemental pay.

Prepare and present reports and recommendations to senior leadership and participate in discussions to finalize compensation decisions on both an ongoing and formal annual basis.

Data Analysis:
Collect, analyze, and interpret data related to compensation and employee demographics to identify trends, outliers, and areas for improvement. Prepare comprehensive reports and presentations to communicate findings to key stakeholders.

Policy Development:
Assist in the development and maintenance of compensation policies and procedures. Ensure our compensation practices are transparent, consistent, and aligned with our organizational values and goals. Maintains pay administration and benchmarking guides and conducts training for leaders and staff to assure consistency of communication.

Compliance:

Stay informed about relevant laws and regulations governing compensation practices, such as the Fair Labor Standards Act (FLSA) and Equal Pay Act including pay transparency.

Completes EEO, equity, Equal Pay Act and other governmental required reporting.

Ensure our compensation programs comply with all legal requirements and provide support during audits or investigations as needed as part of the total rewards package for employees.

Auditing:

Maintains and establishes processes to prevent pay errors, including conducting audits to maintain integrity of compensation structures and associated computer systems.

Riverside Healthcare is revolutionizing care using leading-edge technology to diagnose and treat patients.

We are ranked top in the nation for performance in neurosurgery, orthopedics, and heart surgery and have also been named one of the nation's 100 Top Hospitals by Truven Health Analytics seven times.

Riverside is nationally recognized for our specialty programs in obstetrics, trauma, oncology, rehabilitation, geriatrics, occupational health, psychiatric services, and treatment of alcohol and chemical dependency, as well as patient safety.

We combine innovation and convenience at state-of-the-art facilities located in communities throughout the greater Kankakee area.
Riverside Medical Center proves that truly progressive medicine is being delivered in Chicago's southwest suburbs and East Central Illinois.

Join a team that is not only concerned with providing the best care possible but also with offering a work environment of advancement and growth.

Riverside is a place that embraces a culture where opinions count and dedications is respected, where superior performance is rewarded with competitive salaries and excellent benefits.

Other information:
Exposure/Sensory Requirements

Exposure to:

Chemicals:
Refer to MSDS Sheets


Video Display Terminals:
Extreme


Blood and Body Fluids:
None

TB or Airborne Pathogens:
None other than normal hospital environment exposure.
Sensory requirements (speech, vision, smell, hearing, touch

):

Speech:
Required to communicate during presentations/training, telephone communication, facilitate meetings, communication with department visitors and employees.

Vision:
Needed to read memos and literature, read information to input into computer and check computer screen for accuracy.

Smell:
Helpful to note presence of electrical/fire safety.

Hearing:
Needed for telephone communication, meetings, alarms and listening to employee concerns.

Touch:
Needed to write, computer entry, filing.

Activity/Lifting Requirements

Average Hours per Week:

40+p>


Shift:
Days

Percentage of time during the normal workday the employee is required to:

Sit: 90%

Twist: 0
%

Stand: 10%

Crawl: 0
%

Walk: 2%

Kneel: 0
%

Lift: 1%

Drive: 0
%

Squat: 5%

Climb: 0
%

Bend: 4%

Reach above shoulders: 2%

The weight required to be lifted each normal workday according to the continuum described below:

Up to 10 lbs:
Occasionally


Up to 20 lbs:
Occasionally


Up to 35 lbs:
Occasionally

Up to 50 lbs:
Not Required

Up to 75 lbs:
Not Required

Up to 100 lbs:
Not Required

Over 100 lbs:
Not Required

Describe and explain the lifting and carrying requirements

(Example:

the distance material is carried; how high material is lifted, etc.):

Putting away supplies, sometimes overhead. May have to carry 20' to put supplies away.

Must carry checks waist high for approximately 5'; Filling copier/printer with paper; take term filing to our remote filing location.

Maximum consecutive time (minutes) during the normal workday for each activity:

Sit: 300

Twist: 0

Stand: 60

Crawl: 0

Walk: 15

Kneel: 0

Lift: 3

Drive: 0

Squat: 3

Climb: 0

Bend: 25

Reach above shoulders: 15

Repetitive use of hands (Frequency indicated

):

Simple grasp up to 10 lbs


Normal weight:
5-10# frequent
Pushing & pulling

Normal weight:

Fine Manipulation:
Computer entry, phone dialing, writing, using calculator.
Repetitive use of foot or feet in operating machine control:

None

Environmental Factors & Special Hazards

Environmental Factors (Time Spent) :
Inside hours: 8

Outside hours : 0


Temperature:
Normal Range


Lighting:
Average


Noise levels:
Average


Humidity:
Normal Range


Atmosphere:

Special Hazards :

Protective Clothing Required:
None

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