Job description

Job Title: Compensation Analyst
Department: Total Rewards
Shift: 1st
Specialty:
Job Number: 2022-5383
Date Posted: 12/05/2022
Position Type:

Job Qualifications:

Compensation Analyst

Job Summary:
Assists in the development of and executes company compensation programs, tools and processes. Conducts analyses of jobs, hourly wages, salaries, and incentives in order to evaluate internal equity, external competitiveness, as well as legal compliance of the organization's pay practices. Assists with the implementation of compensation training and projects. Exemplifies the Rush mission, vision and values and acts in accordance with Rush policies and procedures.

Job Responsibilities:
Supports entitles that are part of the Rush University System for Health on compensation policies, programs and practices.
Serves as SME on smaller projects supporting compensation initiatives. Supports and identifies opportunities for enhancement and change in compensation programs, policies and procedures. Assists with Implementing approved changes to process and policy.
Conducts job evaluation analyses. Evaluates positions using standard job evaluation techniques. Conducts equity analyses both internal and external. Presents written recommendations based on analysis and budgetary considerations, and maintains department log to document requests and outcomes.
Partners with entity HR leaders to consult on departmental requests, providing options and solutions while ensuring alignment across all entities.
Conducts market studies as needed, creating cost-effective solutions and presenting proposals to management. Assists in developing solutions for complex issues that arise within the medical center that have a compensation component.
Manages compensation data that rush subscribes to in PayFactors. Maintains and manages survey portfolio. Assists in preparing budget estimates for survey expenses. Coordinates work with outside consultants regarding special surveys or wage studies.
Partners with entity HR leaders to revise job descriptions using data received from managers, incumbents, third parties, and knowledge of the company's policies and culture.
Works with HRIS to ensure updates regarding compensation related HR data in the system of record. Participates as compensation subject matter expert on system implementations impacting compensation.
Assists in the management of the annual performance evaluation and merit increase process. Coordinates the flow of data from departments to approvers and HR.
Manages the annual update of medical center salary structures based on analysis of benchmark survey data in collaboration with senior members of the team.
Assists with education, training and quality audit activities to ensure compliance with current Joint Commission Human Resource Standards.
Serves as an expert resource to others in department and throughout medical center, providing advice and consultation to management regarding pay decisions and compensation guideline interpretation.
Reviews and recommends changes to compensation policies and procedures. Focuses on process automation for compensation administrative tasks.
Completes special projects and other duties as assigned.

Required Job Qualifications:
Associate's degree
Advanced Excel and Word skills
Highly organized, detail-oriented, a strong work ethic, and demonstrated teamwork skills
Excellent time management skills and the ability to manage multiple deadlines/assignments
Personal motivation and a sense of ownership
Excellent written and verbal communication skills

Company Highlights:
Rush Oak Brook is a brand new state-of-the art facility that operates as a partnership with Midwest Orthopedics and an Ambulatory Surgery Center. This new site is part of an ongoing effort to build new facilities, renovate existing buildings and adopt new technology.
Ranked among the top academic medical centers in the country, Rush University Medical Center is an outstanding place to enhance your career. Everything we do centers on one goal: improving patient care.
Rush University Medical Center is a five-time Magnet® facility, the highest recognition given for nursing excellence. Rush was also the first hospital in Illinois serving adults and children to receive Magnet status.
Rush was ranked #1 Best Hospital in Illinois for Nurses in 2017 by Nurse.org.
Leading academic medical center, acute care hospital w/ 676 beds
Ranked among the top 20 "Best Places to Work" by Indeed.
RUMC offers a competitive salary, outstanding benefits & the professional advantages of an environment that supports your development & recognizes your achievements.

Rush University Medical Center is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason prohibited by law.

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