Senior Compensation Analyst
Fred HutchAbout the role
Overview
Fred Hutchinson Cancer Center is an independent, nonprofit organization providing adult cancer treatment and groundbreaking research focused on cancer and infectious diseases. Based in Seattle, Fred Hutch is the only National Cancer Institute-designated cancer center in Washington.
With a track record of global leadership in bone marrow transplantation, HIV/AIDS prevention, immunotherapy and COVID-19 vaccines, Fred Hutch has earned a reputation as one of the world’s leading cancer, infectious disease and biomedical research centers. Fred Hutch operates eight clinical care sites that provide medical oncology, infusion, radiation, proton therapy and related services, and network affiliations with hospitals in five states. Together, our fully integrated research and clinical care teams seek to discover new cures to the world’s deadliest diseases and make life beyond cancer a reality.
At Fred Hutch we value collaboration, compassion, determination, excellence, innovation, integrity and respect. These values are grounded in and expressed through the principles of diversity, equity and inclusion. Our mission is directly tied to the humanity, dignity and inherent value of each employee, patient, community member and supporter. Our commitment to learning across our differences and similarities make us stronger. We seek employees who bring different and innovative ways of seeing the world and solving problems. Fred Hutch is in pursuit of becoming an anti-racist organization. We are committed to ensuring that all candidates hired share our commitment to diversity, anti-racism and inclusion.
The Senior Compensation Analyst will assist with overall administration of cash compensation programs for Fred Hutch, focusing on compensation analyses, consultation, administration and project/program planning of diverse compensation programs.
Responsibilities
- Conduct ad hoc analysis of jobs, salaries and market trends to evaluate relative market value and internal equity for a variety of jobs and compensation programs; prepare and present data-driven recommendations to management to support informed decision making.
- Plan and administer base salary compensation programs; review salary adjustments for conformance to established guidelines, provide clear interpretation of and sound counsel on compensation policies and practices, maintain job and compensation program data, and effectively coordinate related processes with other internal staff and departments.
- Evaluate requests for new or revised FLSA, title, pay, and salary grade classifications by collecting and analyzing job descriptions, external data and internal comparisons to determine classifications that ensure market competitiveness, internal equity and legal compliance.
- Partner with various HR team members and Fred Hutch managers to develop compensation solutions and competitive salary offers. Address a wide variety of compensation issues through creative, data-supported approaches
- Participate in developing, maintaining and implementing policies and practices that promote an understandable and consistent framework for FHCC compensation programs.
- Research, recommend and implement salary budgets and compensation structure adjustments considering market trends, internal and external economic factors and the organization’s strategic goals.Perform comprehensive assessments of market competitiveness across broad job groups or departments. Conduct benchmarking audits, develop analytical reports, perform follow up research as needed, and present recommendations and cost models for management consideration.
- Participate in planning, leading and administering annual pay increase programs for the organization from initial budget projection stages through execution of individual pay transactions and post-program assessments.
- Participate in the design, development/selection, implementation and maintenance of analytical tools.
- Respond to salary surveys and participate in salary survey steering committees; maintain and build relationships with peers at other institutions to foster support for commissioned surveys and best practices research.
- Assist with maintaining job descriptions to be used for a variety of purposes, including job pricing and the development of standards for cross-organizational positions.
- Act as technical lead by training and mentoring lower level staff, modeling professionalism and fostering a culture of continuous improvement and best practices.
- Participate in special projects and perform other duties as assigned.
Qualifications
MINIMUM QUALIFICATIONS:
- Bachelor’s degree in HR, Business or related field (or equivalent combination of education and experience).
- Minimum of 5 years of compensation analysis experience.
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