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Lead Compensation Analyst
Lead Compensation AnalystRIVERSIDE HEALTH INC • Newport News, VA, United States
Lead Compensation Analyst

Lead Compensation Analyst

RIVERSIDE HEALTH INC • Newport News, VA, United States
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  • [job_card.full_time]
[job_card.job_description]

Newport News, Virginia

Overview

The Lead Compensation Analyst is a subject matter expert responsible for analyzing, designing, and administering complex compensation programs that support the health system's talent strategy. This role leads job analysis efforts, evaluates market data, and develops compensation structuresincluding base pay, incentives, commissions, allowances, and variable paythat align with recruitment, retention, and engagement goals. The analyst provides strategic guidance to HR, Talent Acquisition, and operational leadership, ensuring compensation decisions are competitive, equitable, and compliant.

What You Will Do

  • Advanced Job Analysis & Market Intelligence : Demonstrates expert-level proficiency in evaluating new and revised job descriptions against market survey data, provides post-cycle analytics and reporting to leadership, highlighting trends and budget impact. Gathers and analyzes market-based compensation survey data using analysis techniques to assess gap of pay ranges of benchmark job against market trends. Takes lead on complex job analysis requests and guides analysts in applying market methodology to determine competitive compensation ranges. Synthesizes data into strategic recommendations and presents findings to leadership for approval.
  • Compensation Program Design & Administration : Independently designs, recommends and administers compensation programs including base pay, long- and short-term incentives, spot bonuses, commissions, allowances, and variable pay. Maintains plan documents, audits compensation plans, and ensures compliance with regulatory requirements and policies. Applies advanced knowledge to ensure compensation programs align with organizational goals and labor market trends. Analyzes outcomes and trends of compensation events and provides recommendations to ensure outcomes align with organizational people and finance goals.
  • Strategy & Governance : Serves as a compensation lead on the RH Performance Management Council, contributing to strategic planning and execution. Responsible for Council Meeting Coordination : agenda, minutes, presentation drafts. Presents findings to governance council, maintains council meeting documentation of decisions, updates compensation practice guidelines to align with strategy direction. Provides post-cycle analytics and reporting to leadership, highlighting trends and budget impact.
  • Compensation Partner Support : Provides timely and accurate responses to pricing requests, processing and internal inquiries. Delegates and tracks resolution of complex cases, maintaining a high standard of service delivery.
  • Team & Technical Guidance : Acts as a technical specialist and mentor to Compensation Analysts, providing training on market matches, job pricing, job tier levels and pay history reviews. Advises HR Business Partners and Talent Acquisition on complex compensation matters, internal equity, hiring / offer practices and policy interpretation.
  • HRIS & Payroll Integration : Oversees the processing of HRIS Enterprise Interface Builders (EIBs) for one-time payments and compensation adjustments. Oversees annual compensation events to ensure deadlines and budgets are met in alignment with organizational goals.
  • Regulatory Compliance & Audit Leadership : Leads audits of job classifications and FLSA designations, ensuring documentation and compliance with wage and hour laws. Serves as a subject matter expert on FLSA, advising HR and leadership on regulatory changes and implications.

Qualifications

  • Education : Bachelors Degree in Human Resources, Business or related field (Required)
  • Experience : 5-6 years of demonstrated compensation expertise in job analysis, market benchmarking, incentive plans, and compensation modeling with complex programs (Required). 2 years of compensation experience in health care industry or large-scale organization (Preferred).
  • Skills And Abilities : Strong problem-solving and critical thinking skills. Ability to collect, analyze and report on large sets of data, identify and resolve problems. Must be proficient in Microsoft Office software with an intermediate to advanced level of proficiency in Excel. Detail oriented and strong organizational skills.
  • Licenses and Certifications : Certified Compensation Professional (CCP) within 3 Years (Required) or Senior Professional in HR (SPHR) within 2 Years (Required).
  • Seniority level : Mid-Senior level

    Employment type : Full-time

    Job function : Human Resources

    Industries : Hospitals and Health Care

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