Sr Compensation Analyst

Compensation Specialist Functions as an expert resource providing guidance to staff members, HR business partners, and management on complex compensation issues. Supports the development and administration of compensation programs and policies designed to attract, motivate, reward, and retain the most qualified employees. Evaluates jobs across the various sectors of MedStar Health; collects and analyzes market data; participates in market surveys conducted by third-party administrators; oversees the job description process; makes appropriate compensation recommendations and provides guidance to Human Resources and management. Leads projects as assigned. Participates in the annual merit and market process. Primary duties and responsibilities include: Providing analytical support on compensation-related projects (ie. new business acquisitions and system-wide initiatives). Contributing to the achievement of established department goals and objectives and adhering to department policies, procedures, quality standards, and safety standards. Complies with governmental and accreditation regulations. Exercising independent judgment and taking actions that may set precedents. As subject matter expert, providing guidance to compensation team members, human resources, and management staff on complex compensation issues. Assisting in training and orienting department staff. Assisting in developing, administering, and maintaining compensation policies and special pay practices. Interpreting and explaining compensation-related policies and practices to HR business partners and management. Serving as a consultant to HR and department leaders in designing and implementing special pay programs (premiums etc.). Collaborating with HR business partners across entities as appropriate to ensure that systemness is maintained. Helping ensure achievement of established department goals and objectives and adherence to department policies, procedures, quality standards, and safety standards. Complies with governmental and accreditation regulations. Effectively utilizing available software packages to obtain, maintain, and report accurate data for analysis. Functioning as a super user for the market-pricing system to include designing reports, partnering with HRIS on changes to the PeopleSoft interface, and managing user security. Identifying opportunities for and implementing process improvement. Making recommendations for major changes in compensation programs. Leading special projects from initial implementation through completion as requested. Ensuring integrity of compensation-related data through regular audits; researching and notifying HR of the appropriate action to correct discrepancies and ensure compliance. Overseeing enhancements to the merit tool. Providing appropriate training and communication to HR staff and users and providing user support when necessary. Monitoring system for potential problems. Maintaining up-to-date job descriptions in JDXpert. Reviewing requests for new and revised positions. Evaluating jobs based upon market analysis and internal comparisons. Determining grade designations and FLSA classifications; assigning job codes and titles. Monitoring trends in the competitive market through networking, research, and review of published surveys and reports. Recommending modifications to ensure programs continue to align with best practices and MedStar's compensation philosophy. Participating in salary surveys conducted by third-party administrators to secure relevant market data. Analyzing and interpreting results. Participating in the administration of the annual merit and market process which includes but is not limited to market pricing each job, making recommendations for change, producing reports and presentations, and implementing approved increases. Working with Payroll HRIS and ERP team members to design and implement system changes required for new/revised policies, pay practices, and earnings codes. Minimal qualifications include: Bachelor's degree in Human Resources Business or related field or an equivalent combination of education and related experience required. 5-7 years compensation analyst experience preferably in a health care environment required. Preferred licenses and certifications: SHRM-SCP SHRM-CP Senior Professional in Human Resources (SPHR)-HRCI Professional in Human Resources (PHR)-HRCI Certified Compensation Professional (CCP) Knowledge, skills, and abilities include: Expert knowledge of compensation systems, principles of wage and salary administration, and market pricing methodology. Strong knowledge of Federal and State laws governing wage and salary administration. Demonstrated ability to solve a full range of complex problems. Advanced working knowledge of Microsoft Word, Excel, and Access software applications. Working knowledge of marketing pricing software is strongly preferred. Familiarity with JDXpert preferred. Excellent verbal and written communication skills. This position has a hiring range of USD $82,617.00 - USD $157,352.00 /Yr.

Created: 2026-03-09