Mount Sinai Careers

COMPENSATION ANALYST

New York, New York
Professional / Managerial / Administrative


Job Description

Strength Through Diversity
Ground breaking science. Advancing medicine. Healing made personal. 
Compensation - REQ # 2285164
 
Job Title: Compensation Analyst
 
 
Roles & Responsibilities:
The Compensation Analyst serves as a resource to management regarding human resource issues such as compensation practices, performance management, new hire offers and compensation/related policy interpretation and guidelines.  This individual ensures compensation programs are in compliance with Mount Sinai Health System’s policies and procedures and federal, state and local labor laws and regulations.  In addition, the incumbent provides comprehensive analyses to address salary issues.
  • Provides salary recommendations, analyzes internal promotions, reclassifications and transfer requests to ensure policies are administered in a fair, equitable and consistent manner and complies with the organization’s policies.  Ensures internal and external salary competitiveness.
  • Provides guidance related to compensation matters to assigned departments and serves as a resource in human resources matters.
  • Evaluates new and existing positions by investigating and analyzing position duties and responsibilities to determine appropriate classification and salary levels.  Ensures compliance with Fair Labor Standards Act (FLSA) regulations; provides solutions for specific compensation related issues.
  • Assists in the development and final editing of job descriptions and ensures that the HRTS Job Description database is maintained and updated as necessary.
  • Assists in conducting and participating in salary surveys to determine Mount Sinai Medical Center’s competitive posture.  Conducts periodic audits of a specific group or employee population to assess internal equity and external competitiveness of new and existing positions.
  • Reconciles New York State Nurses Association’s (NYSNA) monthly discrepancy report to ensure its accuracy.  Investigates issues related to salary, experience and education differentials.
  • Manages projects such as survey participation and analysis; assists in execution of NBU increase process and BU rate increase implementation. 
  • Responds to compensation and related inquiries and provides guidance to management on compensation issues and interpretation of compensation and related policies and procedures.
  • Assists the Senior Compensation Analysts and management on a variety of projects or new program implementation.
  • Performs other related duties.
 
  
Requirements:
  • Bachelor’s degree.
  • 1-3 years in compensation.
  • World at Work Certified Compensation Professional designation preferred.
  • Excellent written, oral and interpersonal skills
  • Strong problem solving and analytical skills
  • Exceptional attention to detail and accuracy
  • Knowledge of compensation principles, practices and standards
  • Knowledge of labor laws and regulations that impact compensation and related issues such as Equal Pay Act, Fair Labor Standards Act (FLSA) and Americans with Disabilities Act (ADA)
 
Strength Through Diversity
 
The Mount Sinai Health System believes that diversity is a driver for excellence. We share a common devotion to delivering exceptional patient care. Yet we’re as diverse as the city we call home- culturally, ethically, in outlook and lifestyle. When you join us, you become a part of Mount Sinai’s unrivaled record of achievement, education and advancement as we revolutionize medicine together.
 
We work hard to acquire and retain the best people, and to create a welcoming, nurturing work environment where you can develop professionally. We share the belief that all employees, regardless of job title or expertise, can make an impact on quality patient care. 
 
Explore more about this opportunity and how you can help us write a new chapter in our story! 
 
Who We Are
 
Over 38,000 employees strong, the mission of the Mount Sinai Health System is to provide compassionate patient care with seamless coordination and to advance medicine through unrivaled education, research, and outreach in the many diverse communities we serve.
 
Formed in September 2013, The Mount Sinai Health System combines the excellence of the Icahn School of Medicine at Mount Sinai with seven premier hospital campuses, including Mount Sinai Beth Israel, Mount Sinai Beth Israel Brooklyn, The Mount Sinai Hospital, Mount Sinai Queens, Mount Sinai West (formerly Mount Sinai Roosevelt), Mount Sinai St. Luke’s, and New York Eye and Ear Infirmary of Mount Sinai.
 
The Mount Sinai Health System is an equal opportunity employer. We promote recognition and respect for individual and cultural differences, and we work to make our employees feel valued and appreciated, whatever their race, gender, background, or sexual orientation. 
 
EOE Minorities/Women/Disabled/Veterans