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Compensation Specialist

Company: Yale New Haven Health
Location: New Haven
Posted on: June 22, 2022

Job Description:

OVERVIEWProvides technical and analytical support and participates in the planning, administration and communication of compensation programs for YNHHS and affiliates. Maintains and updates compensation reports, participates in salary surveys and labor market analyses. Advises, consults and partners with leadership in assigned area(s) to resolve issues related to compensation, equity and HR compliance. Develops and implements programs and plans related to compensation and performance management to ensure YNHHS maintains competitive pay programs. Collaborates with other departments across Human Resources to ensure effective issue resolution. Maintains complex information in human resource information system (HRIS) pertaining to position management and compensation programs. Works with area management to develop accurate job descriptions, gathers relevant internal and external market data to develop effective job evaluation and salary recommendations. Advises and consults on issues related to compensation, performance management and organizational development for assigned client groups.RESPONSIBILITIES1. Designs, develops and recommends salary increase programs, including merit increase grids, salary range structures, salary administration guidelines and related procedures.2. Participates in the development of compensation program communications to management and employees, including annual compensation programs, compensation guide to managers, and the Performance Incentive Plan (PIP).3. Evaluates and classifies exempt, non-exempt and management positions, spanning a diverse range of job families.4. Performs research on various compensation issues and topics to ensure that the Health System is using compensation techniques and programs appropriate for each culture and business.5. Maximizes the utilization of compensation software and databases to streamline this process. Participates in analysis of survey results and formulates recommendations to maintain desired competitive position in selected markets. Designs and implements custom surveys as appropriate. Develops cost estimates of any recommendations and presents recommendation to Senior Leadership for further consideration.6. Develops and maintains strong end-user skills related to Human Resources Information System (HRIS) as it pertains to compensation programs.7. Works closely with staff in Human Resources, Budget & Finance, Talent Acquisition, Payroll and HRIS to ensure the proper maintenance of employee data and information; develops and implements solutions to any problems which may arise.8. Works with leadership to develop position descriptions and specifications for budget-approved and proposed positions within the Health System. Reviews job descriptions with managers and incumbents to verify responsibilities and specifications. Develops recommendations regarding classification and salary range information for approved evaluation requests.9. Performs specialized research studies on a range of compensation topics, as specifically assigned; analyzes and interprets data and prepares summary reports.10. Assists in the design of organizational and department goals for the Performance Incentive Program (PIP) including plan design, proofing files, coordinating with HRIS, and distribution of awards payouts.11. Prepares and analyzes data for audits and ensures compliance with Federal and State Laws related to Wage and Hour and Equal Pay.12. Participates as a member of various organization-wide teams and committees.EDUCATIONBachelor's Degree REQUIRED.EXPERIENCEThree to five years experience in Human Resources and Salary Administration, including position description development, position analysis, quantitative analysis REQUIRED. (CCP) or other relevant HR certification preferred.

Keywords: Yale New Haven Health, New Haven , Compensation Specialist, Accounting, Auditing , New Haven, Connecticut

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