Compensation Analyst
Indianapolis, IN - USA
Job Summary
Position Summary
The Compensation Analyst plays a key role in supporting the organizations total rewards strategy through the analysis administration and continuous improvement of compensation programs. This position conducts compensation analyses and market research supports job architecture and compensation frameworks and develops recommendations that influence attraction engagement and retention of key talent across the organization.
Working collaboratively with HR Operations Finance and other business leaders the Compensation Analyst leverages data reporting and industry benchmarks to identify trends and drive informed compensation decisions.
The ideal candidate brings experience designing and managing compensation programs market pricing jobs familiarity with Workday or similar HCM systems strong analytical capability an understanding of compensation fundamentals and the ability to translate data into clear actionable insights for leaders and people managers at varying levels.
Heartland Dental is the nations largest dental support organization providing non-clinical administrative support services to more than 3000 supported doctors across 39 states and the District of Columbia in 1900 dental offices. Each Heartland Dental supported office is unique to the community and the patients they serve. Supported doctors are the clinical leaders of their practice retain full clinical autonomy and establish their own care philosophies. All Heartland Dental supported doctors are united by a common goal: delivering the highest quality dental care and patient experiences.
Below is an overview of the duties and responsibilities you would take on in this role:
Rewards Strategy & Insights
- Support the development and maintenance of compensation frameworks pay ranges and reporting.
- Advise onpay philosophy program design and total rewards strategy.
- Develop insights that tell a clear actionable story for leaders connecting pay decisions incentives performance and retention outcomes.
- Conduct ad-hoc compensation analysis and advise oncorrect band placement for specific roles or positions.
Market Data & Analysis
- Collect analyze and interpret external market compensation data using tools such as MarketPay/PayFactors ERI LightCast and BLS to ensure pay practices remain competitive and aligned with business needs.
- Assist in market pricing and benchmarking efforts to ensure positions remain externally competitive and internally equitable.
- Lead participation in annual and ad hoc salary surveys ensuring data accuracy and timely submissions.
- Provide data-driven insights and recommendations to support compensation decisions workforce planning and talent retention strategies.
Reporting & Insights
- Translate complex compensation data into concise summaries and visualizations that enhance understanding and transparency for nontechnical stakeholders.
- Support ongoing enhancements to compensation dashboards and reporting outputs to better meet organizational needs.
- Analyze and surface patterns trends and outliers in compensation and rewards identifying opportunities or risks related to retention and competitiveness.
Program & Process Support
- Partner in the job evaluation and job leveling process ensuring jobs are mapped properly to the job architecture across the organization.
- Support the annual merit and compensation planning cycle.
- Contribute to strategic compensation projects that strengthen program effectiveness improve consistency and support employee engagement and retention.
- Partner with Compensation leadership on continuous improvement of compensation processes tools and documentation.
Manager & Stakeholder Enablement
- Support the development and delivery of compensation training and education for people managers and leadership teams improving confidence and capability in pay-related decisions.
- Build and maintain strong cross functional relationships to ensure compensation practices are understood applied consistently and aligned with operational realities.
Required Experience:
IC
About Company
Military Spouse Jobs & VetJobs works with our employer partners to source, screen, and move qualified talent to the desktops of the Hiring Managers. Application is a two-step process, so please be patient with the team. When you submit to a position on our site your information will ... View more