Compensation Analyst

This position is onsite and does require occasional travel between Rockford, LI and Janesville, WI as needed.

Assists in the development, analysis, and implementation of compensation programs that are internally equitable and externally competitive. Regularly audits job description content. Develops and/or participates in compensation/benefit surveys to analyze company's competitive position. Reviews proposed salary adjustments and works with other stakeholders to make recommendations resolve compensation-related challenges.

Essential Duties and Responsibilities

Responsible for the completion of market analysis and recommendations for pay adjustments and range changes.

* Coordinate various compensation requests by researching, developing and preparing reports, letters, and spreadsheets.

* Supports pay programs such as merit increases, differentials, registry, and other incentive programs.

* Determine market pricing and FLSA status for new and revised positions while ensuring compliance with Federal and State guidelines.

* Complete internal equity and retention reviews as requested. Make recommendations for changes as needed.

* Work with Business Partner and departments to develop and modify job evaluation results, job descriptions and department organizational structure.

* Research industry developments, trends and pay practices.

* Set up and maintain compensation in the Workday system, including but not limited to market adjustment and merit increase implementation, paygrades, and positions.

* Answers phones and greets customers entering the department as needed.

* Actively participates in department specific committee(s).

Culture of Excellence Behavior Expectations

To perform the job successfully, an individual should demonstrate the following behavior expectations:

Quality - Follows policies and procedures; adapts to and manages changes in the environment; Demonstrates accuracy and thoroughness giving attention to details; Looks for ways to improve and promote quality; Applies feedback to improve performance; Manages time and prioritizes effectively to achieve organizational goals.

Service - Responds promptly to requests for service and assistance; Follows the Mercyhealth Critical Moments of service; Meets commitments; Abides by MH confidentiality and security agreement; Shows respect and sensitivity for cultural differences; and effectively communicates information to partners; Thinks system wide regarding processes and functions.

Partnering - Shows commitment to the Mission of Mercyhealth and Culture of Excellence through all words and actions; Exhibits objectivity and openness to other's views; Demonstrates a high level of participation and engagement in day-to-day work; Gives and welcomes feedback; Generates suggestions for improving work: Embraces teamwork, supports and encourages positive change while giving value to individuals.

Cost - Conserves organization resources; Understands fiscal responsibility; Works within approved budget; Develops and implements cost saving measures; contributes to profits and revenue.

Education and Experience

Bachelor's degree in Business Administration, Human Resources, Social Services or related field required.
Two years' experience in Human Resources required.

Certification and Licensure

PHR, SPHR, or other relevant certification preferred

Skills and Abilities
Good interpretive/analytical skills
Excellent interpersonal/communication skills

Special Physical Demands

The Special Physical Demands are considered Essential Job Functions of the position with or without reasonable accommodations. While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.

Mercyhealth offers a generous total rewards package to eligible employees including, but not limited to:

* Comprehensive Benefits Package: Mercyhealth offers a retirement plan with competitive matching contribution, comprehensive medical, dental, and vision insurance options, life and disability coverage, access to flexible spending plans, and a variety of other discounted voluntary benefit options.

* Competitive Compensation: Mercyhealth offers market competitive rates of pay and participates in various shift differential and special pay incentive programs.

* Paid Time Off: Mercyhealth offers a generous paid time off plan, which increases with milestone anniversaries, to allow employees the opportunity for a great work-life balance.

* Career Advancement: Mercyhealth offers a number of educational assistance programs and career ladders to support employees in their educational journey and advancement within Mercyhealth.

* Employee Wellbeing: Mercyhealth has a focus on wellbeing for employees across the organization and offers a number of tools and resources, such as an employer-sponsored health risk assessment and a Wellbeing mobile application, to assist employees on their wellbeing journey.

* Additional Benefits: Mercyhealth employees have access to our internal and external employee assistance programs, employee-only discount packages, paid parental and caregiver leaves, on-demand pay, special payment programs for patient services, and financial education to help with retirement planning.