Senior Compensation Analyst
Weill Cornell MedicineAbout the role
Title: Senior Compensation Analyst
Location: Midtown
Org Unit: Compensation
Work Days:
Exemption Status: Exempt
Salary Range: $118,067.00 - $151,267.00
*As required under NYC Human Rights Law Int 1208-2018 - Salary range for this role when Hired for NYC Offices
Position Summary
Works with Assistant Director of Compensation to manage compensation programs. Responsible for salary grades and ranges, annual merit increases, market survey data, job profiles and career ladders to enhance the pay-for-performance philosophy. Directly responsible for analyzing and classifying positions, including determining exemption status and pay grade. Advises departments and within Human Resources on compensation related matters, particularly around job profiles, competitive offers, market based pay issues, internal equity and pay for performance. Assists supervisors and Recruiters with job profile creation and modification and advises departments on organization structure or staffing model issues, as requested.
Job Responsibilities
- Counsels managers and supervisors on compensation policies, job profiles, salary administration and performance management.
- Establish standardized job profiles by working with department management and HR Business Partners.
- Assists with the annual performance appraisal and merit increase process, advises management staff on merit increase recommendations, reviews annual merit increases for compliance with guidelines and assists with ensuring timely completion of the program.
- Participates in industry & regional compensation surveys to analyze compensation and ensure competitive pay practices.
- Analyzes and evaluates job descriptions to establish grade and to ensure equitable compensation within organization as well as competitive position within the market; assigns exemption status in compliance with Fair Labor Standards Act (FLSA) guidelines.
- Manage job profile and career ladders in SuccessFactors and supporting libraries and materials (i.e. job responsibilities and competencies libraries).
- Prepares a variety of analytical reports to support decision-making and to assess compensation program results; recommends course of action based on analysis.
- Participates in, or leads Compensation and Total Rewards related projects around career ladders, incentive pay programs, equity and market studies, and others as requested.
- Performs other related duties as assigned.
Education
- High school diploma or GED
Experience
- Minimum of five years of professional level experience in compensation.
- Certified Compensation Professional (CCP) certification desired.
- Previous experience working in Health Care or Higher Education desired.
Knowledge, Skills and Abilities
- Ability to exercise standards of professionalism, including appearance, presentation and demeanor.
- Excellent analytical abilities, both with job description creation and modification as well as with complex data sets, such as salary information.
- Advanced Excel spreadsheet application experience Vlookups, Pivot Tables).
- Must have excellent written and verbal communication skills and be able to interact with users at all organizational levels.
- Understanding of educational health care organizational structures and jobs.
- Strong technical compensation aptitude, utilizing the latest compensation philosophies, techniques and skills.
- Ability to create meaningful presentations and reports utilizing a variety of raw data.
Licenses and Certifications
Working Conditions/Physical Demands
- Residence in tri-state area required.
Weill Cornell Medicine is a comprehensive academic medical center that's committed to excellence in patient care, scientific discovery, and the education of future physicians in New York City and around the world. Our doctors and scientists-faculty from Weill Cornell Medical College, Weill Cornell Graduate School of Medical Sciences, and the Weill Cornell Physician Organization-are engaged in world-class clinical care and cutting-edge research that connect patients to the latest treatment innovations and prevention strategies. Located in the heart of the Upper East Side's scientific corridor, Weill Cornell Medicine's powerful network of collaborators extends to its parent university Cornell University; to Qatar, where an international campus offers a U.S. medical degree; and to programs in Tanzania, Haiti, Brazil, Austria and Turkey. Our medical practices serve communities throughout New York City, and our faculty provide comprehensive care at NewYork-Presbyterian Hospital/Weill Cornell Medical Center, NewYork-Presbyterian/Lower Manha
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