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Compensation Analyst

Mass General Brigham

Somerville, MAHybridPosted 17 days ago$63,648.00 - $92,570.40/year
Full TimeMid LevelCorporate FunctionsHealthcare Provider
Original posting ↗

Summary

Provides compensation analysis, benchmarking, and reporting to support business and compensation strategy. Provides compensation trend analysis and reporting to support proactive insights and planning and inform decision-making. Provides system support, data auditing, and reporting, market pricing, job evaluation, and internal equity analysis.

Job description

Job Summary

Provides compensation analysis, benchmarking, and reporting to support business and compensation strategy. Provides compensation trend analysis and reporting to support proactive insights and planning and inform decision-making. Provides system support, data auditing, and reporting, market pricing, job evaluation, and internal equity analysis.

Essential Functions

  • Provides compensation trend analysis and reporting to support proactive insights and planning and inform decision-making.
  • Evaluates jobs for leveling and placement into the appropriate salary structure to ensure fairness and regulatory compliance, and conducts market pricing.
  • Assists with market benchmarking and aids in the annual compensation planning process.
  • Assists with internal equity analysis.
  • Monitors and responds to Compensation requests via Service Now and email. Escalates more complex requests to Compensation Advisors.
  • Assists with Comp Partner Workday approvals for pay actions.
  • Provides job salary offer support and consultation.

Qualifications

Bachelor's Degree in related field of study required. Experience can be accepted in lieu of degree. 3+ years of Human Resources, Compensation Analysis or related roles required.

Additional Knowledge, Skills and Abilities

  • Good analytical and quantitative skills, with the ability to interpret complex data and make data-driven recommendations.
  • Strong attention to detail and accuracy in data analysis and reporting.
  • Effective communication and interpersonal skills, capable of working collaboratively with various stakeholders.
  • Strong problem-solving skills and the ability to manage multiple projects and deadlines in a fast-paced environment.
  • Proficiency in PowerPoint and MS applications skills, with more advanced skills in MS Excel.
  • Ability to interpret and apply compensation policies, regulatory requirements, and organizational guidelines.

Schedule and Work Model

  • Full-time, Monday through Friday, standard business hours.
  • Remote / work from home with flexibility to attend on-site meetings at Assembly Row in Somerville, MA as needed.
  • On remote workdays, employees must use a stable, secure, and compliant workstation in a quiet environment. Teams video is required and must be accessed using MGB-provided equipment.

Requirements

  • Bachelor's Degree in related field of study required. Experience can be accepted in lieu of degree.
  • 3+ years of Human Resources, Compensation Analysis or related roles required
  • Good analytical and quantitative skills, with the ability to interpret complex data and make data-driven recommendations.
  • Strong attention to detail and accuracy in data analysis and reporting.
  • Effective communication and interpersonal skills, capable of working collaboratively with various stakeholders.
  • Strong problem-solving skills and the ability to manage multiple projects and deadlines in a fast-paced environment.
  • Proficiency in PowerPoint and MS applications skills, with more advanced skills in MS Excel.
  • Ability to interpret and apply compensation policies, regulatory requirements, and organizational guidelines.

Benefits

  • Comprehensive benefits package
  • Career advancement opportunities
  • Recognition programs
  • Differentials, premiums and bonuses

Company overview

Mass General Brigham is one of the largest integrated healthcare delivery systems in the United States, formed through the merger of Massachusetts General Hospital and Brigham and Women's Hospital. Based in Boston, Massachusetts, this academic medical center system operates multiple hospitals, specialty facilities, and community health centers throughout New England. The organization is renowned for its world-class patient care, cutting-edge medical research, and comprehensive medical education programs. As a teaching affiliate of Harvard Medical School, Mass General Brigham trains the next generation of healthcare professionals while advancing medical science through groundbreaking research initiatives. The system provides a full continuum of healthcare services, from primary care and preventive medicine to complex specialty treatments and emergency services. With a focus on innovation and patient-centered care, Mass General Brigham consistently ranks among the top hospital systems in the nation for clinical excellence and research output.

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