Madison Approach Compensation Analyst in Hawthorne, NY | 1267742566

Estimated Pay info	$59 per hour
Hours	Full-time
Location	Hawthorne, New York

Job Description

Compensation Analyst

Job Type: Temporary (12-Month Assignment)
Pay Rate: $33-38/hour
Location: Hawthorne, NY | On-site (Monday-Friday)

Job Overview

Madison Approach Staffing is recruiting for a Compensation Analyst for our client's Human Resources department. Our client is a large healthcare network seeking an experienced compensation professional to provide in-depth analysis for job evaluation, base pay, and short-term incentive pay programs. This role manages salary structures, participates in market surveys, ensures FLSA compliance, and serves as a compensation consultant to HR Business Partners and leadership. The ideal candidate has strong analytical skills, advanced Excel proficiency, and ability to influence at all organizational levels.

Key Responsibilities

Coordinate and manage job evaluations to ensure equitable establishment of job standards and worth; audit jobs and assist managers with job description development
Manage salary structure and job hierarchy including participation in salary surveys and utilizing survey data to determine structure shifts while ensuring internal equity
Analyze market data and trends to set annual pay increase budget; ensure adherence to pay increase and incentive plan budgets
Conduct special compensation analysis to determine competitiveness and develop creative solutions for retention and organizational goals
Ensure compliance with all compensation-related legislation including FLSA
Work with Talent Acquisition team and hiring managers to determine salary and bonus for employment offers using market and internal data to ensure market and internal equity
Serve as compensation consultant to HR Business Partners and leaders regarding compensation philosophy, processes, and administration of individual employee pay
Analyze, prepare, and communicate recommendations to executive level approvers

Required Skills & Experience

Experience: 3+ years demonstrated compensation analyst experience; hospital or healthcare setting preferred
Education: Bachelor's degree in Finance, Accounting, or business-related field (or equivalent combination of technical and functional experience)
Analytical Skills: Strong analytical, math, and negotiation skills with ability to perform independent in-depth analysis and present findings
Excel Expertise: Highly proficient in Microsoft Excel (required)
HRIS Knowledge: Proficiency in HRIS database management, analysis, logic, and report generation
Compensation Programs: Knowledge of compensation programs and laws including base pay, variable pay, and FLSA
Communication: Outstanding verbal and written communication skills; above-average facilitation and presentation skills
Influence: Demonstrated ability to influence and coach at all organizational levels; ability to work as credible partner with executives and management
Organization: Outstanding organizational ability with strong attention to detail and deadline orientation
Multi-tasking: Very strong ability to prioritize and manage multiple projects simultaneously
Confidentiality: Ability to maintain high level of confidentiality and professionalism

Preferred Skills & Experience

Certified Compensation Professional (CCP) certification or currently pursuing CCP designation
Healthcare compensation experience
Experience with salary surveys (e.g., SHRM, Mercer, Culpepper)
Process improvement and implementation experience
Experience with incentive plan design and administration
Knowledge of healthcare market trends and competitive practices

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Compensation Analyst

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