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Compensation Analyst

Hawaii Medical Service Association
Honolulu, HI Full Time
POSTED ON 8/3/2024 CLOSED ON 9/3/2024

What are the responsibilities and job description for the Compensation Analyst position at Hawaii Medical Service Association?

Job Summary

**Hybrid Work Environment - Must reside in Hawaii **

Pay Range: $59,000 - $116,000

Note: Individuals typically begin between the minimum to middle of the pay range

Support and assist with the design, development and administration of our corporate compensation philosophy, strategy, and employee salary administration programs. Review job evaluation requests for new or revised job descriptions to determine appropriate salary grade assignment and organizational alignment. Conduct research and analysis to determine HMSA's competitive market position regarding our total compensation package. Work with key business partners to consult on job design and compensation strategies.

Exempt or Non-Exempt

Exempt

Minimum Qualifications

  • Bachelor's degree and two years of related experience or equivalent combination of education and experience.
  • Excellent verbal and written communication skills.
  • Strong attention to detail and accuracy.
  • Strong analytical skills with the ability to handle multiple tasks simultaneously.
  • Basic working knowledge of Microsoft Office applications. Including but not limited to Word, Excel, and Outlook.

Duties and Responsibilities

  • Job Description Evaluation:
    • Reviews job evaluation requests for new or revised job descriptions to determine appropriate salary grade assignment and FLSA exemption status.
    • Reviews job description content, evaluation questionnaires and job equity guidelines to ensure evaluation methodology and criteria are applied consistently and objectively.
    • Asks clarifying questions and conducts desk audits to understand and appraise job functions to evaluate and recommend appropriate salary grade level utilizing job evaluation criteria and available salary market data.
    • Reviews the job qualification requirements to ensure appropriate alignment with comparable jobs and to meet legal and compliance considerations.
    • Reviews the job description with the hiring manager and makes recommended content revisions for alignment prior to job recruitment and posting.
    • Establishes and maintains job codes and related attributes in ADP database. Maintains library of job descriptions.
  • Salary Administration:
    • Reviews proposed salary actions to ensure salary adjustments are within established guidelines and policies and align with HMSA's pay philosophy.
    • Develops reports and reviews salary data to conduct internal salary equity analysis.
    • Assists in the development of annual salary structure proposal(s). Reviews and adjust the Merit Increase Matrix Guidelines based on projected salary administration budget and planned business objectives.
  • Project Participation:
    • Participates on various departmental projects and plays a leadership role on various small projects.
  • Consultation:
    • Provides manager/supervisors with consultative advice/information on compensation strategies and action plans for staff members, career path development, and strategic job development and alignment.
  • Market Evaluation:
    • Participate in salary surveys to assist management in determining the organization's competitive market position.
    • Identify benchmark job matches.
    • Collect and organize salary data.
    • Analyze survey results, internal and external salary statistics to support and validate salary adjustment proposals/recommendations.
  • Other Duties/Functions:
    • Performs all other miscellaneous responsibilities and duties as assigned or directed
#LI-Hybrid

Salary : $59,000 - $116,000

Workers' Compensation Claims Coordinator
ProService Hawaii -
Honolulu, HI

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