Compensation Analyst, Senior

Website Blue Shield of California

Your Role

The Compensation team is an in-house center of expertise and consulting team and provides leadership and guidance in the development and delivery of effective compensation strategies and policies that support BSC’s goals, and are in alignment with enterprise values, philosophy and strategic direction.. The Senior Compensation Analyst will report to the Senior Manager, Compensation. In this role you will be providing guidance and recommendations to the business to ensure understanding and effective use of our compensation programs.

Your Work

In this role, you will:

  • Refine and administer compensation programs, potentially including base pay, executive compensation, sales compensation, annual review, job architecture and short- and long-term incentive plans, along with the supporting systems
  • Provide compensation-related research and analysis and make recommendations to resolve compensation issues including completing job audits evaluations, descriptions
  • Be responsible for participating in salary surveys and analyzing and interpreting market data to develop recommendations
  • Act as a subject matter expert in interpreting compensation policies, guidelines, and plan documents
  • Maintain and apply knowledge related to compliance and government regulations regarding pay, including FLSA
  • Act as a subject matter expert in advising business leaders, HR business partners (HRBPs) and Talent Acquisition as it relates to interpreting compensation policies, guidelines and plan documents, as well as providing analysis and reports to support this consulting as appropriate
  • Partner with HRBPs and Talent Acquisition on offers for promotions, laterals, job changes and new hires
  • Maintain the job structure framework through the job evaluation process, ensuring that positions are evaluated against the established set of criteria and are leveled consistently across the organization
  • Participate in end-to-end activities related to the compensation workstream component of the annual review process (Year End process) which includes merit budgeting, salary structure analysis, incentive planning, partnering on Year End system enhancements, communications, reporting activities and general project management
  • Participate and support medium to large-scale compensation projects and possibly take the lead on small-scale compensation projects

QUALIFICATIONS

Your Knowledge and Experience

  • Requires a bachelor’s degree or equivalent experience
  • Requires at least 5 years of prior compensation or relevant experience
  • Requires proficiency with Microsoft Office suite, with advanced knowledge of MS Excel
  • Requires experience providing compensation consulting to a line of business
  • Experience working in a healthcare organization preferred
  • Experience with Oracle HRIS preferred
  • Experience partnering with HR partners and business managers to provide guidance on employee populations (including hourly, exempt and executives) preferred

Pay Range:

The pay range for this role is: $ 99000.00 to $ 148500.00 for California.

Note:

Please note that this range represents the pay range for this and many other positions at Blue Shield that fall into this pay grade. Blue Shield salaries are based on a variety of factors, including the candidate’s experience, location (California, Bay area, or outside California), and current employee salaries for similar roles.

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ABOUT BLUE SHIELD

Blue Shield of California’s mission is to ensure all Californians have access to high-quality health care at a sustainably affordable price. We are transforming health care in a way that genuinely serves our nonprofit mission by lowering costs, improving quality, and enhancing the member and physician experience.

To fulfill our mission, we must ensure a diverse, equitable, and inclusive environment where all employees can be their authentic selves and fully contribute to meet the needs of the multifaceted communities we serve. Our continued commitment to diversity, equity, and inclusion upholds our values and advances our goal of creating a healthcare system that is worthy of our family and friends while addressing health disparities, promoting social justice, and integrating health equity through our products, business practices, and presence as a corporate citizen.

Blue Shield has received awards and recognition for being a certified Fortune 100 Best Companies to Work, Military Friendly Employer, People Companies that Care, a Leading Disability Employer, and one of California’s top companies in volunteering and giving. Here at Blue Shield, we strive to make a positive change across our industry and communities – join us!

Our Values:

  • Honest. We hold ourselves to the highest ethical and integrity standards. We build trust by doing what we say we’re going to do and by acknowledging and correcting where we fall short.
  • Human. We strive to be our authentic selves, listening and communicating effectively, and showing empathy towards others by walking in their shoes.
  • Courageous. We stand up for what we believe in and are committed to the hard work necessary to achieve our ambitious goals.

Our Workplace Model:

Blue Shield of California is dedicated to making work-life balance a reality. Whether you prefer to work in an office or from home, we understand flexibility is more important than ever. That’s why Blue Shield is a hybrid company, offering you the opportunity to decide where you can do your best and most meaningful work.

Two ways of working: Hybrid (our default) and office

  • Hybrid – In a business unit approved office a few times per year to 3 days per week, on average
  • Office – In a business unit approved office 4+ days a week, on average. If the role you’re applying for is deemed an “Essential Role,” the company has determined that the role can only be performed in a Blue Shield office or in the field and would require your to meet the office worker classification.

Physical Requirements:

Office Environment – roles involving part to full time schedule in Office Environment. Due to the current public health emergency in California, Blue Shield employees are almost all working remotely. Based in our physical offices and work from home office/deskwork – Activity level: Sedentary, frequency most of work day.

Please click here for further physical requirement detail.

Equal Employment Opportunity:

External hires must pass a background check/drug screen. Qualified applicants with arrest records and/or conviction records will be considered for employment in a manner consistent with Federal, State and local laws, including but not limited to the San Francisco Fair Chance Ordinance. All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or disability status and any other classification protected by Federal, State and local laws.

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