United States onlyPutting People First in Pharmacy- Navitus was founded as an alternative to traditional pharmacy benefit manager (PBM) models. We are committed to removing cost from the drug supply chain to make medications more affordable for the people who need them. At Navitus, our team members work in an environment that celebrates diversity, fosters creativity and encourages growth. We welcome new ideas and share a passion for excellent service to our customers and each other.
Due to growth, we are adding this Sr. Analyst, Compensation to our HR department.
We are unable to offer remote work to residents of Alaska, Hawaii, Maine, Mississippi, New Hampshire, New Mexico, North Dakota, Rhode Island, South Carolina, South Dakota, West Virginia, and Wyoming.
The Sr. Compensation Analyst will oversee the administration of the organization’s compensation programs and policies. In partnership with the Sr. Manger, Total Rewards & HRIS, will ensure a market competitive, cost efficient and compliant compensation program that is easy for employees to understand the value of their total reward.
The Sr. Compensation Analyst will develop, implement and coordinate programs to compensate employees in accordance with the competitive markets, lead job evaluations, job leveling and architecture and job governance, oversee the annual merit program, at-risk compensation calculations and payment and provide compensation consultation to leadership.
Is this you? Find out more below!
How do I make an impact on my team?
- Conduct research analysis on compensation trends, including benchmarking, draft reports, bonus plans, incentives and generating analyses to support competitive compensation classifications and pay
- Act as an internal subject matter expert to HR Generalist, Talent Acquisition, business leaders, and other internal stakeholders' on pay decisions, policy and guideline interpretation, and job evaluations
- Research compensation best practices and programs and make recommendations for enhancement of programs as appropriate
- Audit compensation data to ensure compliance with organization’s pay policies and practices and ensure compliance with all related regulations including FLSA and pay equity
- Modify compensation structures and conduct equity analysis of roles in response to changing organizational needs and market values
- Ensure job development follows career architecture including the development of job descriptions and maintaining of systems. Partners with Human Resources, Talent Acquisition and Leaders on the program
- Evaluates new job requests to identify alignment with existing jobs or determine need for new jobs including a review of existing structure as well as a market analysis and determination of FLSA status.
- Partners with the Sr. Manager, Total Rewards to administer the annual merit and bonus calculations.
- Generate and develop ad-hoc analysis to support compensation decisions and monitoring of pay structure and equity
- Partner with other Total Rewards team members and the Training and Development team to lead training and other communication efforts to socialize compensation philosophy, policy and best practices with Leaders, HR Generalist, Talent Acquisition, and employees as needed
What our team expects from you?
- Bachelor’s degree or equivalent experience required in the field of Business Administration, Finance, Accounting or related field preferred
- Certified Compensation Professional (CCP), SHRM-CP or PHR a plus
- 5 + years of compensation related experience is required
- Advanced knowledge to develop, implement, and administer compensation policies and programs.
- Proficient in Microsoft Office; advanced knowledge of MS Excel
- Knowledge to make appropriate decisions considering the relative costs and benefits of potential actions
- Solid understanding of state and federal laws and regulations relating to compensation
- Strong quantitative and analytical skills and a detailed knowledge of compensation administration
- Participate in, adhere to, and support compliance program objectives
- The ability to consistently interact cooperatively and respectfully with other employees
What can you expect from Navitus?
- Hours/Location: Monday-Friday 8:00am-5:00pm CST, Hybrid (2 days in Appleton WI or Madison WI Office) or Remote
- Paid Volunteer Hours
- Educational Assistance Plan and Professional Membership assistance
- Referral Bonus Program – up to $750!
- Top of the industry benefits for Health, Dental, and Vision insurance, Flexible Spending Account, Paid Time Off, Nine paid holidays, 401K, Short-term and Long-term disability, College Savings Plan, Paid Parental Leave, Adoption Assistance Program, and Employee Assistance Program
