Compensation Analyst
Netsmart is transforming healthcare through innovation and purpose. With over 50 years of experience and strong year-over-year growth, we lead in behavioral health, human services, and post-acute care technology.
We build more than software. We partner with providers to solve challenges, anticipate change, and deliver smarter, more connected care. From EHRs to AI-driven solutions, our mission is to empower care teams to improve outcomes and redefine what's possible in healthcare.
About the Role
Join our HR Operations team as a Compensation Analyst, working alongside our Senior Compensation Data Analyst and Senior Data Analyst to support critical compensation practices. This 12-month intensive learning role builds foundational expertise in compensation management, data analytics, and HR operations through hands-on work with day-to-day compensation operations, executive bonus administration, and merit cycle support.
What You'll Do
Compensation Management & Analysis
- Support compensation benchmarking by gathering market data and preparing preliminary analysis
- Process compensation proposals for internal movements, external hires, and retention packages
- Support analysis of compensation trends across workforce segments, identifying patterns and outliers
- Collaborate with Talent Acquisition, HR Business Partners, and business leaders on compensation data
Annual Merit Cycle Support
Ensure data integrity throughout the merit cycle by auditing employee data and validating calculationsAssist with financial modeling to balance budget constraints with business objectivesPrepare planned and ad hoc reports for HR Business Partners and business leadersSupport manager communication and training materialsExecutive Bonus Program Administration
Process monthly financial accruals for the executive bonus programMaintain participant data and alignment with financial metricsCalculate attainment levels and payouts based on plan designsEnsure accuracy and timeliness of quarterly and annual bonus cyclesData & Systems Management
Use Excel, PowerBI, and Spiff (Salesforce incentive compensation platform) for data management and reportingSupport weekly, monthly, and quarterly compensation reportingIdentify data quality issues and implement correctionsContribute ideas for data improvements and system enhancementsProcess Support & Collaboration
Participate in process improvement initiativesCommunicate with cross-functional teams on compensation initiativesSupport operational aspects of compensation projectsAssist in resolving compensation-related operational issuesWhat You'll Learn
Compensation fundamentals : Market pricing, job leveling, pay equity, and incentive plan designCritical thinking : Analyze complex scenarios and make data-informed recommendationsStrategic communication : Present data insights clearly across all organizational levelsCross-functional partnership : Navigate diverse perspectives to achieve shared goalsData analysis : Excel techniques, PowerBI dashboards, and compensation analyticsAutonomy & time management : Balance ad hoc requests with planned workBusiness acumen : Connect compensation strategy to organizational goalsMentorship : Receive dedicated development support from the Senior Compensation Data AnalystQualifications
Required
Bachelor's degree or equivalent work experienceAdvanced Excel skills (pivot tables, VLOOKUP, formulas, data visualization)Strong communication, organizational, and prioritization abilitiesAnalytical and problem-solving skillsCollaborative mindset with ability to communicate to various audiencesEmotional intelligence and adaptabilityInitiative and learning mindsetPreferred
Experience with data collection, reporting, and analyticsFamiliarity with PowerBI or business intelligence toolsExposure to compensation practices, HRIS systems, or Salesforce platformsUnderstanding of data interpretation and trend analysis