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Compensation Analyst
Banner Health     Arizona, AZ
 Posted 17 days    

**Primary City/State:**

Arizona, Arizona

**Department Name:**

Compensation Admin-Corp

**Work Shift:**

Day

**Job Category:**

Human Resources

Great careers are built at Banner Health. There’s more to health care than doctors and nurses. We support all staff members as they find the path that’s right for them. Apply today, this could be the perfect opportunity for you.

Becker’s Healthcare recently honored Banner as one of 150 top places to work in health care for 2024, we are proud to offer our team members many career and lifestyle choices throughout our network of facilities. At Banner Health, we’re excited about what the future holds for health care. That’s why we’re changing the industry to make the experience the best it can be. If you’re ready to change lives, we want to hear from you.

This role is remote weekdays 5/8s, typically standard 8-4/9-5 work hours. Arizona residents are preferred. In this position you will be analyzing market data and/or large sets of data, creating job descriptions and job evaluations, and assisting with Comp Team projects. You will also assist with salary budget surveys, audit pay practices, and analyze reports.

Your pay and benefits are important components of your journey at Banner Health. This opportunity includes the option to participate in a variety of health, financial, and security benefits.

Within Banner Health Corporate, you will have the opportunity to apply your unique experience and expertise in support of a nationally-recognized healthcare leader. We offer stimulating and rewarding careers in a wide array of disciplines. Whether your background is in Human Resources, Finance, Information Technology, Legal, Managed Care Programs or Public Relations, you'll find many options for contributing to our award-winning patient care.

POSITION SUMMARY

This position performs a variety of project-oriented tasks to support compensation specific initiatives, processes and standards. Projects and activities include, but are not limited to, ongoing participation and analysis of compensation survey data used as the basis for employee and/or provider compensation. Researches and responds to provider and leadership inquiries regarding employee/provider compensation.

CORE FUNCTIONS

1. Prepares, participates and submits annual compensation survey data to national survey vendors; reviews survey results and prepares a summary of data findings to support the annual compensation review process, including recommendations and decision making efforts.

2. Updates compensation formulas and/or develop compensation formulas and modeling as guided by leadership. May assist with the preparation of the annual budget related to provider compensation by preparing schedules and analyzing data for reasonability compared to current expenses and known changes.

3. Supports Compensation team with maintenance of position descriptions, position identification numbers and salary structures in the HRIS system. This may include troubleshooting for problem scenarios and escalation, as needed, to other internal or external resources to ensure successful resolution. This may also include training of application users.

4. Performs regular and ongoing analysis of compensation programs and practices. Identifies areas of concern and shares with leadership.

5. Utilizes software programs and reporting tools to review and analyze provider performance, including production data, also known as relative value units (RVUs) used to calculate the volume of work or effort expended by a provider in treating patients. Assists with researching and responding to inquiries.

6. Performs data maintenance and audits to ensure data is stored accurately and effectively. This may include serving as a lead on departmental audits; ensures audits are handled timely and effectively through the coordination of others. Assists with documenting desktop procedures and identifying ways to streamline and enhance department processes.

7. Provide assistance on special projects as needed.

8. This position will interface with all members of the compensation team as well as with other departments as related to compensation research or regular data sharing. This position performs a variety of project-oriented tasks to support the development and implementation of large-scale projects and initiatives.

MINIMUM QUALIFICATIONS

Must possess a knowledge of business or human resources as normally obtained through the completion of a bachelor’s degree in business, finance/accounting, human resources or related field.

Must demonstrate a good understanding in data reporting and analytics as normally obtained through two years of experience in finance/accounting, human resources or related field. Requires the ability to analyze data and identify patterns and trends. Requires strong attention to detail, commitment to follow through, and ability to work independently following general direction and oversight from leadership. Must have sound verbal and written communication skills.

PREFERRED QUALIFICATIONS

Additional related education and/or experience preferred.

**EEO Statement:**

EEO/Female/Minority/Disability/Veterans (https://www.bannerhealth.com/careers/eeo)

Our organization supports a drug-free work environment.

**Privacy Policy:**

Privacy Policy (https://www.bannerhealth.com/about/legal-notices/privacy)

EOE/Female/Minority/Disability/Veterans

Banner Health supports a drug-free work environment.

Banner Health complies with applicable federal and state laws and does not discriminate based on race, color, national origin, religion, sex, sexual orientation, gender identity or expression, age, or disability

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Job Details


Area of Interest

Health Sciences

Employment Type

Full Time

Number of openings

N/A


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