Senior Compensation Analyst

Job Description

Join one of the nation’s most comprehensive academic medical centers, UChicago Medicine, as a Senior Compensation Analyst. This position will be primarily a work from home opportunity with the requirement to come onsite as needed. You will need to be based in the greater Chicagoland area.   

In this role, and under general direction, the senior compensation analyst assists in the administration/support for daily compensation activities, annual processes, program management and ad-hoc projects. Provides internal and external business partners support in bargaining unit costing, implementation, as well as wage and step increase administration. Participates in annual compensation surveys to support market competitiveness driven by a comprehensive annual review of market data. As necessary create, audit and maintain job & pay records in enterprise HRM. Consults with all levels of internal external clients and vendors regarding compensation programs, policies and procedures. Provides training to management on compensation programs developing and leading training programs. 

Essential Job Functions 

• Manages annual/cyclical compensation processes and programs including system updates communication materials and training materials to convey timeline and expected actions.   

• Assists in the provision of training to management as applicable. 

• Market price jobs using online market pricing too for all enterprise jobs.  

• Develops related analysis into appropriate report format, e.g., Microsoft Excel, PowerPoint and/ or Word.   

• Reviews job descriptions for consistency and adherence to guidelines and exemption test validation. 

• Responds to non-routine inquiries. Conducts other competitive compensation benchmark analysis as requested. 

• Supports union labor negotiations providing costing/financial modeling of market data resulting in recommendations regarding grade structure and wages.  

• May participate on related committees that support negotiation sessions.  

• Oversees pay changes through the Collective Bargaining Agreement wage grids partnering with internal departments to move contractual pay changes on schedule.  

• Reviews surveys for pay trends, variable pay, pay practices and occupational trends.  

• Collects and submits salary survey data for various compensation surveys using online market pricing tool. Track submission timelines and survey publication dates.  

• Utilizes Oracle Cloud HRM system to create, edit and maintain data and/or system updates related to job, position, assignment or pay data.   

• Consults with internal HRIT or IT Technology teams as necessary to ensure all related tables, fields or formulas provide desired result.   

• Regularly audits data to ensure data relationships result in expected data. 

• Performs other duties as assigned including relationship management of vendors and internal business partners. 

Required Qualifications 

• Bachelor's degree in human resources, finance, or related field  

• Minimum of 5 years human resources compensation experience with knowledge of applicable federal laws and regulations, experience in market pricing, job description development, salary surveys, and salary administration  

• Working knowledge of salary administration processes and policies  

• Prior experience working with HRIS Human Resource Information Systems)  

• Strong analytical skills  

• Excellent verbal and written communication skills 

• Ability to make decisions and operate independently with respect to complex issues and business requirements 

• Ability to thrive in a changing environment 

• Problem solving skills  

• Strong project management and organizational skills 

• Ability to meet deadlines 

• Ability to work closely with others as part of a team while being able to take full responsibility for a task 

• Ability to act in a professional manner and use appropriate judgment on sensitive, confidential issues 

Preferred Qualifications  

• Certification in compensation  

• Experience working with Oracle Cloud 

• Background in financial modeling  

Position Details 

• Job Type / FTE: Full-Time  

• Shift: Days 

• Job Location: Hyde Park (Flexible) 

• Unit/Department: Compensation 

• CBA Code: Non-Union 

Why Join Us

We’ve been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent and commitment… with patients and with each other. We’re in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you’d like to add enriching human life to your profile, UChicago Medicine is for you. Here at the forefront, we’re doing work that really matters. Join us. Bring your passion.

UChicago Medicine is growing; discover how you can be a part of this pursuit of excellence at: UChicago Medicine Career Opportunities.

UChicago Medicine is an equal opportunity employer.  We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status and other legally protected characteristics.

Must comply with UChicago Medicine’s COVID-19 Vaccination requirement as a condition of employment. If you have already received the vaccination, you must provide proof as part of the pre-employment process. This is in addition to your compliance with the Flu Vaccination requirement as well. Medical and religious exemptions will be considered consistent with applicable law. Lastly, a pre-employment physical, drug screening, and background check are also required for all employees prior to hire.

Compensation & Benefits Overview

UChicago Medicine is committed to transparency in compensation and benefits.  The pay range provided reflects the anticipated wage or salary reasonably expected to be offered for the position.

The pay range is based on a full-time equivalent (1.0 FTE) and is reflective of current market data, reviewed on an annual basis. Compensation offered at the time of hire will vary based on candidate qualifications and experience and organizational considerations, such as internal equity. Pay ranges for employees subject to Collective Bargaining Agreements are negotiated by the medical center and their respective union.

Review the full complement of benefit options for eligible roles at Benefits - UChicago Medicine.