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Compensation Analyst
$75k-91k (estimate)
Full Time
4 Months Ago
Behavioral Health Group is Hiring a Compensation Analyst Near Dallas, TX
Compensation Analyst
Job Summary
The Compensation Analyst is responsible for analyzing, evaluating, and administering the organization's compensation and benefits programs. This includes conducting market research, analyzing internal data, and making recommendations to ensure that the organization's compensation structure is competitive, fair, and aligned with business goals. A great candidate for this position is someone looking to start or continue their HR career in a growing company.
Key Responsibilities
Compensation Analysis:
- Conduct salary surveys and market research to analyze industry trends and benchmark the organization's compensation and benefits against competitors.
- Analyze internal salary data, job descriptions, and employee classifications to ensure equity and consistency.
Job Evaluation:
- Evaluate and assess job roles to determine appropriate job classifications and salary levels.
- Maintain job descriptions and ensure they accurately reflect the responsibilities and requirements of each position.
Compensation Planning:
- Assist in the development, implementation, and administration of compensation programs, policies, and procedures.
- Work closely with HR and management to create and update salary structures and pay scales.
Budgeting and Forecasting:
- Collaborate with finance and HR teams to develop and manage the compensation budget.
- Provide input on salary budgeting and forecasting based on market trends and internal needs.
Data Analysis:
- Prepare and present reports on compensation trends, analysis, and recommendations to senior management.
- Utilize data analytics tools to identify patterns and insights related to compensation.
Compliance:
- Ensure compliance with applicable laws and regulations related to compensation and benefits.
- Stay informed about changes in legislation and industry best practices.
Communication and Education:
- Communicate compensation policies and programs to employees, managers, and other stakeholders.
- Provide training and guidance to HR and management on compensation-related matters.
Qualifications
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
- Proven experience as a Compensation Analyst or in a similar role.
- Strong analytical skills with proficiency in data analysis tools and Excel.
- Knowledge of compensation laws, regulations, and best practices.
- Excellent communication and presentation skills.
- Detail-oriented and able to maintain confidentiality.
- Certified Compensation Professional (CCP) designation.(Preferred)
- Experience with compensation software and HRIS. (Preferred)
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by team members assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of team members so classified. All team members may be required to perform duties outside of their normal responsibilities from time to time, as needed.
Who We Are
We are a team that is focused on patient care and quality. Behavioral Health Group (BHG), is a leading provider of opioid addiction treatment services. BHG provides medication assisted treatment and counseling services in a conventional outpatient setting. At BHG, we are committed to the belief that addiction is a brain disease, not a moral failing. We believe that with hope, respect, and caring, real recovery is possible.
BHG is the largest network of Joint Commission accredited outpatient opioid treatment and recovery centers operating over 120 locations in 24 states, and counting. Please ensure you check out our open opportunities in other locations/states as we offer relocation assistance to help support your career.
Why work at BHG?
We grow better together! At BHG we believe in investing in our team members and growing careers through role-based training and promotional opportunities. Join our team members and thrive in our people first culture that is rooted in diversity and inclusion and offers many other tangible opportunities such as:
- Benefits: Your choice of three different benefits programs including health, life, vision, and dental insurance, a tuition reimbursement program, and 401K discretionary match
- Bonuses: We offer competitive pay, annual increases, bonuses, and certification/license completion
- Paid Time Off: In addition to paid vacation and company holidays, BHG also provides paid time for training, voting, sick or personal time off
- Work/life Balance: Many of our locations offer flexible work schedules
- Additional Benefits: Employee Discount Programs to applicable cell phone services, restaurants, amusement parks, movie theaters and more
- Career Pathing: We are growing and promote from within
- Self-Care: We offer a self-care series as well as an Employee Assistance Program
GREAT Opportunities - Our Team Members are motivated self-starter’s who excel in a fast-paced environment and become a valued member of our team.
GREAT People - Our staff has a passion to be the best, sharing a strong work ethic and dedication to providing the gold standard of patient care.
GREAT Support - We are committed to providing the training, information, and corporate support necessary to facilitate your success.
BHG is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.
Job Summary
JOB TYPE
Full Time
SALARY
$75k-91k (estimate)
POST DATE
01/06/2024
EXPIRATION DATE
06/05/2024
WEBSITE
richligroup.com
HEADQUARTERS
Nashville, TN
SIZE
<25
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The job skills required for Compensation Analyst include Job Evaluation, Presentation, Business Administration, Data Analysis, Compensation Analysis, Analytical Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Compensation Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Compensation Analyst. Select any job title you are interested in and start to search job requirements.
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The following is the career advancement route for Compensation Analyst positions, which can be used as a reference in future career path planning. As a Compensation Analyst, it can be promoted into senior positions as a Stock Plan Administrator III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Compensation Analyst. You can explore the career advancement for a Compensation Analyst below and select your interested title to get hiring information.
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