Senior Compensation Analyst

Performs the highest level of compensation support through design, analytics, and execution of new and existing pay program(s) and practices. Through the use of a data-driven approach, may use data modeling and consultative compensation services such as: designs pay program(s) and practices to meet the organization’s needs, creates business processes to bring program(s) and practices into operation, collaboratively completes job evaluations/market pricing, large scale department reorganizations, and equity reviews. May conduct scenario analysis and simulations to evaluate the impact of strategic initiatives.

• Conduct comprehensive compensation analyses to ensure internal equity and external competitiveness across assigned client groups in clinical and non-clinical roles. Evaluate job descriptions and perform job evaluations to determine appropriate classification and salary levels.
• Design, implement, and maintain compensation structures (salary ranges) that are aligned with organizational goals and healthcare industry standards.
• Partner and consult with HR Partners and Talent Acquisition to provide compensation guidance on job offers, promotions, and organizational changes.
• Participates in projects and leads large scale project work. Uses advanced Excel skills to perform and present complex compensation data analytics.
• Monitor and interpret federal, state, and local compensation laws and regulations to ensure compliance.
• Develop and deliver compensation-related training and communication materials for HR and leadership teams.
• May develop and maintain data models that support strategic decision-making and business planning. Translates complex business problems into analytical frameworks and data-driven solutions. May involve cleaning, transforming, automating and validating large datasets. May create data visualizations through dashboards, reports, and presentations using tools like PowerBI. 
• May support executive compensation and/or international compensation initiatives as needed.

Bachelor's degree in human resources, business, or related field. Five years of related experience required. Compensation specific experience and certification preferred.

Why Mayo Clinic
Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans – to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic.
Benefits Highlights

• Medical: Multiple plan options.
• Dental: Delta Dental or reimbursement account for flexible coverage.
• Vision: Affordable plan with national network.
• Pre-Tax Savings: HSA and FSAs for eligible expenses.
• Retirement: Competitive retirement package to secure your future.