Compensation Analyst jobs in Kentucky

BA

3 yrs

None

The physical requirements of this position include: occasionally standing or walking with objects up to 10lbs and regularly sitting at a computer workstation for extended periods of time with repetitive motions (such as typing).

Primarily Monday through Friday; 8:00am – 5:00pm. As an exempt level position, additional hours may be required to meet department needs.

About us:

Who is UK Healthcare? We are a Health Care system that puts our people first:

· We treat you as the individual you are, that’s what makes us who we are

· We work in a team environment, where there is a sense of community pride within the team.

· We are proud of our people who make an impact on our community

Our working environment in our Health System is unique:

· The UK Albert B Chandler Hospital is the #1 ranked hospital in Kentucky for the last seven years

· Our work is meaningful crossing every aspect of health care

· We offer competitive pay and rich benefits

· We offer highly valued professional development opportunities such as our Employee Education program

Join the team at UK HealthCare today and make a generational impact in making a healthier Kentucky!

About you:

You are a strategic thinker, passionate about compensation, and thrive in a fast-paced, innovative environment. You have 3 years of compensation experience and you love data and know how to read the story that data tells. If this is you-we encourage you to apply. Join us and be a key contributor to our mission of being one community committed to creating a healthier Kentucky.

About the role:

As a Senior Compensation Analyst, you will be responsible for analyzing and evaluating UK HealthCare’s compensation structure to ensure competitiveness and alignment with business objectives. You will assess and perform analysis on collected wage data, and prepare wage and salary data to assist compensation, forecasting, and management functions of the organization. This role requires an expert level in Excel, excellent analytical skills, and the ability to communicate effectively with stakeholders at all levels of the organization.

Skills / Knowledge / Responsibilities

· Analyze market trends to establish and maintain competitive pay ranges for the system

· Conduct internal salary surveys and research labor market trends
· Proficient in extracting necessary data from PR, SAP, Tableau, Success Factors and IES platforms

· Reviews and recommends changes to compensation policies and procedures

· Collaborate with Recruitment staff, hiring managers, Finance and executive team, to develop and implement compensation plans for new hires, promotions, and transfers

· Ensure that compensation decisions are fair, equitable, and compliant with policies and relevant regulations including the compensation philosophy for the UK HealthCare.

· Maintains and establishes processes to prevent pay errors, including conducting audits to maintain integrity of compensation structures and associated computer systems.

Education/Background

· Comprehensive grasp of both hospital employee compensation and the roles/jobs within a hospital environment. Healthcare background is preferred but not required.
· 3 years of compensation experience

· Demonstrated professional and operation al knowledge of various functional areas of human resources in regards to Compensation both in terms of professional and operational aspects

· Working knowledge of all employment laws and regulations, especially governing wage and hour practices (e.g., EEO, OSHA, FMLA, FLSA)

· Process management skills, including mapping and streamlining processes

· Organizational skills to coordinate multiple projects, goals and objectives

· Initiative and self-direction as well as the ability to collaborate as part of a team

· Must have strong oral and written communication skills to communicate with employees at all levels within a hospital/academic medical center

· Strong systems experience with Excel

· At least three years of experience as a compensation analyst is preferred

· Certified Compensation Professional (CCP) designation is preferred

· B.S. degree in Human Resources, Business, Finance or related field.

The successful candidate will possess and demonstrate skills, knowledge, and abilities which include the following: advanced computer skills with strong knowledge of Microsoft Office programs with emphasis in Excel worksheets; experience with database and decision support systems is preferred. Demonstrated knowledge of and experience in human resources, compensation, and data management. Ability to command respect and confidence with professional peers. Strong analytical skills. Ability to perform under changing circumstances and deadlines. Strong attention to detail with the ability to learn quickly. Strong written and verbal communication skills. Excellent customer service. Ability to gain respect and confidence with professional peers.

Master’s degree preferred.
Certified Compensation Professional preferred.
3 years of compensation experience

The University of Kentucky is committed to a diverse and inclusive workforce by ensuring all our students, faculty, and staff work in an environment of openness and acceptance. We strive to foster a community where people of all backgrounds, identities, and perspectives can feel secure and welcome. We also value the well-being of each of our employees and are dedicated to creating a healthy place to work, learn and live. In the interest of maintaining a safe and healthy environment for our students, employees, patients and visitors the University of Kentucky is a Tobacco & Drug Free campus.

As an Equal Opportunity Employer, we strongly encourage veterans, individuals with disabilities, women, and all minorities to consider our employment opportunities.

Any candidate offered a position may be required to pass pre-employment screenings as mandated by University of Kentucky Human Resources. These screenings may include a national background check and/or drug screen.