Compensation Analyst

Job Description

Job Description

Company Description

At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. This patient-first approach is what sets us apart as a leader in the healthcare industry. As an integral part of our team, you'll have the opportunity to join our quest for better healthcare, no matter where you work within the Northwestern Medicine system. At Northwestern Medicine, we pride ourselves on providing competitive benefits : from tuition reimbursement and loan forgiveness to 401(k) matching and lifecycle benefits, we take care of our employees. Ready to join our quest for better?

Job Description

The Compensation Analyst reflects the mission, vision, and values of NM, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards.

Under the direction of the Compensation Manager, the incumbent will interact with all levels within the system to support the compensation strategy, pay programs and policies, as well as, provide assistance in the delivery of compensation solutions. This position will also be involved in Total Rewards and Talent Programs, including : PTO Program; Physician Compensation; Metrics / Forecasting Budgetary Analytics.

Responsibilities :

• Under the guidance of the Compensation Manager, provide feedback to Directors, Managers and employees based on thorough knowledge of compensation policies
• Manage special projects by determining project steps, how to accomplish goals, chairing committees, developing training and solutions to problems
• Familiar with Total Rewards and Talent Programs, including : PTO Program; Physician Compensation; Metrics / Forecasting Budgetary Analytics.
• Salary Changes :

Adjudicate salary change requests including transfers, demotions and promotions, by applying knowledge of NMHC policies and practices

Manage the process by which job descriptions are created, revised, reviewed and approved

Participate in and conduct salary surveys, completing market surveys and compiling data from published sources

Assist in the organization, tracking and payment of account payables (i.e. vendors and survey bills)

Responsibility for data integrity of all compensation and compensation-related materials

Qualifications

Required :

Preferred :

Additional Information

Northwestern Medicine is an affirmative action / equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.

Benefits

We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. Please visit our Benefits section to learn more.