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ArchWell Health · 9 hours ago

Analyst, Compensation

Nashville, TN

Full-time

Onsite

Entry, Mid Level

2+ years exp

ArchWell Health is a new, innovative healthcare provider devoted to improving the lives of senior members. The Analyst, Compensation will be a key member of the Total Rewards team, responsible for administering incentive compensation and analyzing payout information while ensuring competitiveness through market benchmarking and trend identification.

Health Care

Responsibilities

Act as the HR expert on ArchWell Health’s various incentive compensation programs, as well as administration of incentive payments

Act as primary point of contact with Medical Economics, combining KPI data and compensation elements from Dayforce to analyze and verify payout calculations at the end of the year

Report findings and calculations to HR Stakeholders, identifying discrepancies and ensuring data accuracy

Assist with the design, rollout, and evaluation of the company’s compensation structure and pay programs

Support communication of change plans and compensation program updates across the organization

Generate regular reports and dashboards to support decision-making and provide insights to HR and other business leaders

Conduct market research and salary benchmarking to ensure competitive and equitable compensation practices

Prepare and maintain documentation related to compensation practices, including incentive compensation programs, policies, procedures, and pay structures

Analyze internal and external data to identify trends, discrepancies, and areas for improvement in compensation

Perform job evaluations and create/maintain accurate job descriptions to align roles with the compensation structure

Support annual compensation processes, such as salary increases, market/equity reviews, job profile reviews, etc

Ensure compensation practices are legally compliant with federal, state, and local regulations

Participate in salary surveys and contribute data for industry benchmarking

Monitor and evaluate the effectiveness of compensation programs and recommend improvements

Qualification

Analytical skillsExcelHRIS SystemsCompensation program implementationCompensation metricsChange managementEmployment law knowledgeBenchmarking techniquesEffective communicationOrganization skillsPresentation skills