Sr. Compensation Analyst, Full Time, Days

at Northwestern Memorial Healthcare in Chicago, Illinois, United States

Job Description

Location Chicago, Illinois
Business Unit Northwestern Medicine Corporate
Job REQID 133573
Job Function Human Resources/Academy/Payroll
Shift Day Job (1st)

Benefits
$10,000 Tuition Reimbursement per year ($5,700 part-time)
$10,000 Student Loan Repayment ($5,000 part-time)
$1,000 Professional Development per year ($500 part-time)
$250 Wellbeing Fund per year($125 for part-time)
Matching 401(k)
Excellent medical, dental and vision coverage
Life insurance
Annual Employee Salary Increase and Incentive Bonus
Paid time off and Holiday pay
Pay Starting at: $34.16+ per hour based on experience
Northwestern Medicine is powered by a community of colleagues who are purpose-driven and committed to our mission to deliver world-class care. Here, you'll work alongside some of the best clinical talent in the nation leading the way in medical innovation and breakthrough research with Northwestern University Feinberg School of Medicine.
We recognize where you've been, and we support where you're headed. We celebrate diverse perspectives and experiences, which fuel our commitment to equity and culture of service.
Grow your career with comprehensive training and development opportunities, mentorship programs, educational support and student loan repayment.
Create the life you envision for yourself with flexible work options, a Reimbursable Well-Being Fund and a Total Rewards package that support your physical, mental, emotional and financial well-being.
Make a difference through volunteer opportunities we offer in local communities and drive inclusive change through our workforce-led resource groups.
From discovery to delivery, come help us shape the future of medicine.
Description
The Sr. Compensation Analyst reflects the mission, vision, and values of NM, adheres to the organization's Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines, and all other regulatory and accreditation standards.
Under the general direction of the System Compensation Manager, the incumbent will exercise significant discretion in interacting with all levels within the system to support the compensation strategy, pay programs and policies, as well as, serve as project leader in the delivery of compensation solutions.
Responsibilities:
Market Reviews:
Project Coordinator in independently conducting base pay market reviews including the identification, extraction and manipulation of source materials (i.e. internal and external job descriptions and all components of compensation data); providing summary findings and making recommendations to Compensation Manager, Committee, and stakeholders, including budgetary impact of adjustments and implementation protocols (communication plan, coordination with MyHR for data updates).
Merit Program:
Responsibility for gathering and summarizing external market data and trends in consideration of the annual salary increase budget, creating communication materials, and reviewing the current salary plan ranges in collaboration with the Manager and Director.
Incentive and Special Pay Programs:
Program Coordinator for the annual all employee bonus program and the development of other incentive or special compensation programs as identified.
Job Descriptions/Position Management:
Review, determine salary plan and grade, and approve all incoming job descriptions (for new or existing positions)
Ownership of all incoming requests for job evaluations and grading reviews.
Other Programs:
Conducts market research and provides summary findings to Compensation Manager and stakeholders to help design and review current Total Rewards and Talent Programs, including: PTO Program, Physician Compensation, and Metrics/Forecasting Budgetary Analytics.
Generalist Responsibilities:
Independently consult with Management and employees, as well as internal HR colleagues in application of current compensation practices, may provide instruction in a formal setting regarding compensation and shared services practices and procedures
Provide authorization for non-standard personnel actions, interim pay and other payments as appropriate, including the coordination of payments with payroll department
Commission and provide submission data for external salary surveys
May delegate common surveys to additional support within HR to complete based on approved matches
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Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability or sexual orientation.