Compensation Analyst
Banner Health (Corporate) - Phoenix, AZ

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Join the team at Banner Health, where Medical Excellence provided by the best people, delivering the best care is our Brand Promise. Banner Health is currently seeking a Compensation Analyst. This position will be located at Banner Corporate Center Phoenix (12th St. & McDowell).

About Banner Health Corporate
Within Banner Health Corporate, you will have the opportunity to apply your unique experience and expertise in support of a nationally-recognized healthcare leader. With locations in Phoenix, Mesa and Sun City, Ariz. and Greeley, Colo., we offer stimulating and rewarding careers in a wide array of disciplines. Whether your background is in Human Resources, Finance, Information Technology, Legal, Managed Care Programs or Public Relations, you’ll find many options for contributing to our award-winning patient care.

About Banner Health
Banner Health was selected as one of the Top Leadership Teams in Healthcare by Health Leaders Media, is one of the Top 100 Integrated Healthcare Networks in the nation according to SDI, and voted as one of the “ Best Places to Work ” in the Phoenix metro area by the Phoenix Business Journal. We encouraged you to read more information about Banner Health. We recommend the following options:
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Job Summary:
This position researches and analyzes information related to all areas of compensation. Prepares reports and assists in monitoring the use and effectiveness of pay programs within the organization. Assists in the maintenance of the departmental databases and system job tables. Provides research and analysis support to the department staff, as needed. Assists in developing and implementing pilots and programs intended to address business and staffing challenges. Provides analytic support for compensation-related projects and teams.

Essential Functions

Locates appropriate sources of market data, organizes data for department staff and applies statistical analysis tools. Conducts research and recommendations, including analysis of survey sources following system methodology for calculation of pay opportunity.

Analyzes data to prepare or coordinate preparation of reports which assist in monitoring the use and effectiveness of pay programs. Performs detailed analysis of proposed and existing programs. Analyzes activity to help identify trends and inconsistencies to determine if compensation program objectives have been met. Distributes to appropriate parties on an ongoing basis or as assigned. Supports competitive and market survey data activities including purchase, participation and compensation data entry.

Provides analytical and data support on compensation-related projects, development and implementation of compensation pilots and programs intended to address business and staffing challenges. Compiles data and summarizes results verbally and/or in the appropriate written format to assist department in documentation and presentations. Makes recommendations regarding the best method to track data.

Provides facility management with regular and ongoing analysis of facility application and management of compensation programs and practices. Identifies areas of concern and recommends solutions. Accesses and interprets data from a variety of sources to gain full understanding of facility needs and options. Partners with other compensation staff to achieve regional and system-wide workforce solutions.

Maintains position description database and HRIS job tables and performs audits to ensure data is stored accurately and effectively. Works with an eye on streamlining and improving department processes, making recommendations as needed.

May act as facility compensation resource as assigned.

Performs all functions according to established policies, procedures, regulatory and accreditation requirements, as well as applicable professional standards. Provides all customers of Banner Health with an excellent service experience by consistently demonstrating our core and leader behaviors each and every day.

Minimum Qualifications

Must possess a knowledge of business or human resources as normally obtained through the completion of a bachelor’s degree in business, human resources or related field.

Strong spreadsheet and relational database skills, with ability to write, run and organize queries and reports. Requires the ability to analyze data and identify pertinent information and trends through the use of graphic illustration. Able to access meaningful information in literature and internet searches. Able to interact tactfully and patiently with a variety of individuals who have compensation related issues. Requires excellent attention to detail, commitment to follow through, ability to work independently with general oversight, and respect for established deadlines. Sound skills in verbal and written communications are necessary.

Preferred Qualifications

Compensation experience preferred. CCP (Certified Compensation Professional) certification preferred.

Additional related education and/or experience preferred.

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