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Financial Compensation Analyst Jobs in Tennessee

HCA Healthcare

Compensation Consultant

Murfreesboro, TN · On-site

Collaborate with HR, Finance, and business leaders to understand workforce needs and compensation challenges. * Present compensation analyses, recommendations, and program outcomes to executives and ...

New

HCA Healthcare

Compensation Consultant

Nashville, TN · On-site

Collaborate with HR, Finance, and business leaders to understand workforce needs and compensation challenges. * Present compensation analyses, recommendations, and program outcomes to executives and ...

New

HCA Healthcare

Compensation Consultant

Franklin, TN · On-site

Collaborate with HR, Finance, and business leaders to understand workforce needs and compensation challenges. * Present compensation analyses, recommendations, and program outcomes to executives and ...

New

HCA Healthcare

Compensation Consultant

Lebanon, TN · On-site

Collaborate with HR, Finance, and business leaders to understand workforce needs and compensation challenges. * Present compensation analyses, recommendations, and program outcomes to executives and ...

New

Airspace

FP&A Analyst

Memphis, TN · On-site +1

$70K - $80K/yr

... Analyst supports the full financial planning cycle at Airspace: budgeting, forecasting, reporting ... Location: Carlsbad, CA (Hybrid) or Remote Compensation Salary range: $70,000 - $80,000 * High ...

First Student

Sr. Financial Analyst

Collierville, TN

$90K - $100K/yr

May assist in training/mentoring Financial Analysts. * All other duties as assigned. Minimum ... Compensation ranges from $90,000 - $100,000 depending on experience. First for a reason: At First ...

First Student, Inc.

Sr. Financial Analyst

Collierville, TN · On-site

$90K - $100K/yr

May assist in training/mentoring Financial Analysts. * All other duties as assigned. Minimum ... Compensation ranges from $90,000 - $100,000 depending on experience. First for a reason: At First ...

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Financial Compensation Analyst information

What does a financial compensation analyst do?

A Financial Compensation Analyst is responsible for analyzing, developing, and administering a company's compensation programs, such as salaries, bonuses, and incentives. They ensure that compensation practices are competitive, fair, and comply with legal requirements. Their work involves researching market trends, conducting salary surveys, and providing recommendations to management on pay structures and policies. The goal is to attract, motivate, and retain talent while maintaining the organization's financial health.

What are the key skills and qualifications needed to thrive as a financial compensation analyst, and why are they important?

To thrive as a Financial Compensation Analyst, you need strong analytical skills, knowledge of compensation theory, and a background in finance, accounting, or human resources, often supported by a relevant degree. Proficiency in Excel, HRIS systems, and compensation benchmarking tools, as well as certifications like CCP (Certified Compensation Professional), are commonly required. Attention to detail, strong communication abilities, and discretion with sensitive data are essential soft skills for this role. These skills and qualities are crucial for accurately evaluating compensation strategies, ensuring compliance, and supporting organizational competitiveness in talent management.

What are some common challenges faced by financial compensation analysts, and how can they be addressed on the job?

Financial Compensation Analysts often encounter challenges such as managing large volumes of sensitive data, keeping up with evolving compensation trends, and ensuring compliance with relevant regulations. To address these, analysts typically use specialized HR and compensation software, collaborate closely with HR and finance teams, and participate in ongoing professional development. Proactive communication and analytical skills are key to providing accurate pay recommendations and supporting fair compensation practices.

What is the difference between Financial Compensation Analyst vs Compensation Analyst?

AspectFinancial Compensation AnalystCompensation Analyst
Required CredentialsBachelor's in Finance, HR, or related field; certifications like CCP or CBPBachelor's in HR, Business, or related; certifications like CCP or CBP
Work EnvironmentFinance departments, corporate offices, consulting firmsHR departments, corporate offices, consulting firms
Employer & Industry UsageFinancial services, corporate finance, consultingHuman resources, corporate, consulting
Common Search & ComparisonYesYes

The main difference between a Financial Compensation Analyst and a Compensation Analyst lies in their focus areas. Financial Compensation Analysts typically work within finance or corporate finance departments, emphasizing the financial impact of compensation strategies. Compensation Analysts focus on HR and employee compensation programs. Both roles require similar certifications and often operate in similar environments, but their primary focus and industry usage differ slightly.

Is a financial compensation analyst a good career?

A financial compensation analyst is a valuable role that involves analyzing salary data, benefits, and compensation structures to ensure competitiveness and compliance. The job typically requires strong analytical skills, proficiency with spreadsheets and compensation software, and often a background in finance or human resources. It offers opportunities for career growth in finance and HR departments, with a stable demand across various industries.

What are popular job titles related to Financial Compensation Analyst jobs in Tennessee?

For Financial Compensation Analyst jobs in Tennessee, the most frequently searched job titles are:

What job categories do people searching Financial Compensation Analyst jobs in Tennessee look for?

The top searched job categories for Financial Compensation Analyst jobs in Tennessee are:

What cities in Tennessee are hiring for Financial Compensation Analyst jobs?

Cities in Tennessee with the most Financial Compensation Analyst job openings:

Financial Compensation Analyst jobs near you

Provider Compensation Analyst

Medicine Journal

Chattanooga, TN • On-site

Full-time

Re-posted 17 days ago

Job description

JOB SUMMARY:
The Provider Compensation Analyst provides compensation consultative services for Erlanger Medical Group employed providers and independent contracted providers of Erlanger Health. The Provider Compensation Analyst will work closely with leadership in Provider Recruitment, EMG Operations and EMG Business Office to provide analysis of compensation design and benchmarking, physician productivity analysis, fair market value, and contract review and management.
- Conduct benchmarking and data analysis to formulate compensation recommendations that align with the system's standards for compensation programs
- Interpret, analyze, and implement compensation arrangements as stipulated in Provider Employment Agreements
- Manage components and participate in annual/bi-annual provider contract review process by preparing productivity reports, providing recommendations on salary adjustments, gathering and analyzing data to determine incentive goal achievements, etc.
- Participate and complete annual provider compensation and productivity surveys
- Participate in and collaborate closely with external appraisers/consultants to obtain an analysis of fair market value (FMV) and commercial reasonableness (CR) for all proposed compensation plans
- Partner with Provider Recruitment and Operations teams in solving business and operations issues
- Partner with EMG Business Office and as needed, serve as back up to the EMG Financial Analyst on calculations of Provider incentive compensation, variable compensation and uploads to Payroll
Education:
Required:
Bachelor's degree (in business, health care administration or finance), or related field required
Preferred:
Master's degree in health/hospital administration, business administration, finance or related field preferred.
Experience:
Required:
-Minimum of Five (5) or more years of finance or compensation experience
-Two (2) years of physician or provider compensation experience and/or solid understanding of physician billing and productivity measures (i.e. CPT, wRVU, Charges, Collections, etc)
-Two (2) years of experience in a hospital or healthcare related environment
-Proficiency in Microsoft Word, Excel, and Outlook
Preferred:
-Ability to effectively and professionally communicate verbally and in writing to key stakeholders within the organization.
-Ability to multi-task projects
Position Requirement(s): License/Certification/Registration
Preferred: N/A
Department Position Summary:
The Provider Compensation Analyst provides compensation consultative services for Erlanger Medical Group employed providers and independent contracted providers of Erlanger Health. The Provider Compensation Analyst will work closely with leadership in Provider Recruitment, EMG Operations and EMG Business Office to provide analysis of compensation design and benchmarking, physician productivity analysis, fair market value, and contract review and management.

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