Compensation Analyst Banner Health 1,353 reviews - Phoenix, AZ - Your
Journey with us began the moment you made the choice to seek a career
with Banner Health. Whether you are just beginning your career or your
Journey has spanned 30 years, Banner's employer commitment is: "We'll
help make a difference in your life and career so you can make a
difference in the lives of others. Be part of a team that focuses on
developing creative compensation solutions for Banners workforce needs.
The Employee Compensation department assists the organization in
achieving its mission and values with the development of compensation
philosophy and guiding principles, and plays an integral role in
developing innovative and competitive total rewards programs that
attract, retain and reward our team members. As a Compensation Analyst,
you will assist the Executive Director of Compensation and Benefits on
several compensation projects. You will also assist on the auditing and
streamlining of the Executive Compensation data and incentive payout
calculations and data analytics of all teams. Your pay and benefits
(Total Rewards) are important components of your Journey at Banner
Health. Banner Health offers a variety of benefit plans to help you and
your family. We provide health and financial security options so you can
focus on being the best at what you do and enjoying your life. - 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. 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 is one of the largest, nonprofit health care
systems in the country and the leading nonprofit provider of hospital
services in all the communities we serve. Throughout our network of
hospitals, primary care health centers, research centers, labs,
physician practices and more, our skilled and compassionate
professionals use the latest technology to make health care easier, so
life can be better. The many locations, career opportunities, and
benefits offered at Banner Health help to make the Banner Journey unique
and fulfilling for every employee. - Job Summary This position performs
a variety of project-oriented tasks to support compensation specific
initiatives, processes and standards. Projects and activities include,
but are not limited to, ongoing participation and analysis of
compensation survey data used as the basis for employee and/or provider
compensation. Researches and responds to provider and leadership
inquiries regarding employee/provider compensation. Essential Functions
- Prepares, participates and submits annual compensation survey data to
national survey vendors; reviews survey results and prepares a summary
of data findings to support the annual compensation review process,
including recommendations and decision making efforts. * Updates
compensation formulas and/or develop compensation formulas and modeling
as guided by leadership. May assist with the preparation of the annual
budget related to provider compensation by preparing schedules and
analyzing data for reasonability compared to current expenses and known
changes. * Supports Compensation team with maintenance of position
descriptions, position identification numbers and salary structures in
the HRIS system. This may include troubleshooting for problem scenarios
and escalation, as needed, to other internal or external resources to
ensure successful resolution. This may also include training of
application users. * Performs regular and ongoing analysis of
compensation programs and practices. Identifies areas of concern and
shares with leadership. * Utilizes software programs and reporting tools
to review and analyze provider performance, including production data,
also known as relative value units (RVUs) used to calculate the volume
of work or effort expended by a provider in treating patients. Assists
with researching and responding to inquiries. * Performs data
maintenance and audits to ensure data is stored accurately and
effectively. This may include serving as a lead on departmental audits;
ensures audits are handled timely and effectively through the
coordination of others. Assists with documenting desktop procedures and
identifying ways to streamline and enhance department processes. *
Provide assistance on special projects as needed. Minimum Qualifications
Must possess a knowledge of business or human resources as normally
obtained through the completion of a bachelors degree in business,
finance/accounting, human resources or related field. Must demonstrate a
good understanding in data reporting and analytics as normally obtained
through two years of experience in finance/accounting, human resources
or related field. Requires the ability to analyze data and identify
patterns and trends. Requires strong attention to detail, commitment to
follow through, and ability to work independently following general
direction and oversight from leadership. Must have sound verbal and
written communication skills. Preferred Qualifications Additional
related education and/or experience preferred. 14 hours ago - save job -
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Analyst salaries in Phoenix, AZ Banner Health Banner Health 1,353
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