Lead/Senior Compensation Analyst

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　　Summary

　　Provides sophisticated analytical expertise to the delivery of innovative and competitive compensation programs to advance health to serve Michigan and the world. Applies talents in quantitative analysis, data mining and the presentation of data to help inform, influence and support business outcomes. Works with a high degree of autonomy in a fast-paced and evolving environment. This position may be filled at either the senior or lead level depending on qualifications. Reports directly to Compensation Manager.

　　Remote and hybrid work options available with the required ability to travel to Ann Arbor, Michigan on occasion.

　　Review of applicants will occur on a rolling basis; posting will close on February 3, 2024.

　　Why Join Michigan Medicine?

　　Michigan Medicine is one of the largest healthcare complexes in the world and has been the site of many groundbreaking medical and technological advancements since the opening of the U-M Medical School in 1850. Michigan Medicine is comprised of over 30,000 employees and our vision is to attract, inspire, and develop outstanding people in medicine, sciences, and healthcare to become one of the world?s most distinguished academic health systems. In some way, great or small, every person here helps to advance this world-class institution. Work at Michigan Medicine and become a victor for the greater good.

　　Michigan Medicine is making substantial investments in our extraordinary teams in support of our mission, vision and priorities. As a result, we have grown the size of our compensation department in the last year by adding new permanent positions.

　　What Benefits Can You Look Forward to?

　　Sign-on bonus based on experience

　　Remote-first work

　　Excellent medical, dental, and vision coverage effective on your very first day

　　2:1 match on retirement savings

　　Generous paid time off program

　　Responsibilities*

　　Participates in high visibility compensation programs from concept to delivery, including design and modeling, working with cross-functional teams and stakeholders.

　　Manipulates large data sets to assess the competitiveness of compensation programs.

　　Collaborates with Compensation Consultants, Leaders, and HR Business Partners to convert compensation insights into actions that support the attraction and retention of the "leaders and bests".

　　Develops compensation models to drive the right compensation outcomes for all Michigan Medicine employees.

　　Oversees the administration and utilization of compensation tools and technology, proactively identifying, recommending, and implementing compensation solutions to increase the effectiveness and efficiency of the Compensation Department.

　　Conducts in-depth market analyses, salary offers, and equity analyses, and completes annual compensation surveys.

　　Manages the annual compensation planning programs and processes.

　　Delivers comprehensive analyses leading into each compensation planning cycle and manages compensation tools and

　　Researches, evaluates, and communicates compensation data trends and insights to assist Leaders in making data-driven decisions.

　　Leads and supports multiple projects and initiatives including the strategic assessment of

　　Participates in professional development to maintain and grow compensation capabilities.

　　Performs other duties as assigned.

　　Required Qualifications*

　　EDUCATION : Bachelor's degree

　　Bachelor's degree in Economics, Mathematics, Psychology, Statistics, Business Administration, Finance, Human Resources, or other fields that use quantitative analysis or equivalent combination of education and relevant experience.EXPERIENCE:

　　LEAD COMPENSATION ANALYST - Candidates for the lead compensation analyst level must have the following:

　　At least 8 years of progressive and direct compensation experience, preferably in a large, complex organization.

　　Comprehensive knowledge of contemporary compensation principles and data analysis

　　Experience as a compensation technology early adopter.

　　Expert level experience with Excel and/or VBA, SPSS, Minitab or similar data analysis and business intelligence tools.

　　Underfill statement:

　　This position may be underfilled at the lower classification of Senior Compensation Analyst depending on the qualifications of the selected candidate.

　　SENIOR COMPENSATION ANALYST - Candidates for the senior compensation analyst level must have the following:

　　A minimum of 4 years of progressive compensation experience or 3 years of experience with a relevant advanced degree or certified compensation professional certification (CCP).

　　Comprehensive knowledge of contemporary compensation principles and data analysis

　　Experience as a compensation technology early adopter.

　　Experience with Excel, VBA, SPSS, Minitab or similar data analysis and business intelligence tools.

　　Desired Qualifications*

　　Compensation experience in a large, complex organization. Experience working with compensation technology. Compensation experience in health care may be helpful.

　　Knowledge of VBA, especially as it relates to Excel and its object model, or programming/scripting experience. Knowledge in relational databases and SQL

　　Underfill Statement

　　This position may be underfilled at a lower classification depending on the qualifications of the selected candidate.

　　Background Screening

　　Michigan Medicine conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act. Pre-employment drug testing applies to all selected candidates, including new or additional faculty and staff appointments, as well as transfers from other U-M campuses.

　　Application Deadline

　　Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended.

　　U-M EEO/AA Statement

　　The University of Michigan is an equal opportunity/affirmative action employer.

　　Job Detail

　　Job Opening ID

　　243949

　　Working Title

　　Lead/Senior Compensation Analyst

　　Job Title

　　Compensation Analyst Senior

　　Work Location

　　Michigan Medicine - Ann Arbor

　　Ann Arbor, MI

　　Full/Part Time

　　Full-Time

　　Regular/Temporary

　　Regular

　　FLSA Status

　　Exempt

　　Organizational Group

　　Exec Vp Med Affairs

　　Department

　　MM Human Resources

　　Posting Begin/End Date

　　1/17/2024 - 2/03/2024

　　Career Interest

　　Human Resources

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