Compensation Analyst
Job Description
Are you ready to join a growing team that puts a premium on productivity and has an award-winning culture centered around transforming talented employees into effective business leaders? Then BHG Financial is the place for you.
In 2001, we started with an idea, an opportunity, and $25,000. Back then, our focus was strictly â¨on serving those in the medical industry. With healthcare in our heritage, we soon expanded â¨to serve high-earning professionals in many â¨other industries, providing all with leading-edge financial solutions, including our extensive network of community banks.
Today, BHG Financial has firmly established â¨its legacy as a leader in the financial services space. Founded on the philosophy of a better way to borrow, we are dedicated to helping accomplished professionals, small businesses, and institutions build upon their success through innovative financial solutions, a hassle-free process, and personalized concierge service.
Our relentless commitment to the success of our customers is part of what has made BHG Financial thrive. We take a 360-degree view of our customers to tailor the best solutions for their financial aspirations. Today's professionals have multiple sources of income, not just their paycheck. Therefore, it is essential to factor those in when making responsible lending decisions. Our continued focus on data, analytics, and proprietary modeling has enabled faster funding for our customers.
From business to personal loans to relationships with community banks, the countryâs top professionals and business owners rely on us for our exceptional financial solutions and concierge service to continue their success and legacy.
Who You Are
You are a motivated compensation professional who is passionate about helping build a strong Total Rewards structure. You excel at being detail-oriented and thorough and have experience in completing and analyzing Radford market surveys, conducting market analyses, contributing to equity program management, and supporting evolving compensation programs. You are a self-starter with a strong initiative to find solutions, not just answers, and thrive in a fast-paced environment where you can impact the efficiency and transparency of a Total Rewards program.
The ideal candidate will be a self-starter able to work independently, solve problems creatively, prioritize relentlessly, exercise business judgment soundly, and operate with a sense of urgency to get things done. You are self-driven and thrive in a fast-paced environment where you can make an impact in multiple departments with a direct vision of leadership.
The Compensation Analyst will be responsible for providing compensation and analytic reporting. In addition to overall compensation support for the business entities,
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Processes compensation requests from Business Partners and/or management by conducting comprehensive market analyses, including external benchmarking, internal equity review, and developing dataâdriven recommendations for individual positions or job families.
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Administers multiple bonus and incentive plans, supports the annual salary planning process, and prepares accrual estimates and payout calculations for Finance.
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Partners with HRIS to ensure data integrity across Compensation and HR platforms by implementing new functionality, enhancing compensation processes, conducting testing, and maintaining job profiles and compensation structures in Workday.
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Partners with People Development and management to review roles across the organization and develop recommendations that support clear career progression, appropriate job titles, compensation bands, and FLSA status.
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Partners with People Development, HRIS, and leadership to support organizational design efforts, including role structure, job architecture, and span of control, ensuring alignment with career frameworks and compensation philosophy.
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Maintains annual participation in external market and salary surveys, collecting and analyzing compensation data to assess and ensure the companyâs competitive market position.
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Participates in special projects and performs other duties as required
- âThis role is not eligible for employer-provided immigration sponsorship. To be considered, applicants must already possess valid U.S. work authorization that will not require sponsorship now or in the future.â
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Bachelorâs degree and 2-4 years of relevant work experience in various industries focused on compensation and analytics
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Proficient Excel(Pivot Tables and LookUps) and Canva/Power Point.
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Power BI preferred
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Experience with national surveys and job pricing platforms like CompAnalyst, Salary.com, RadFord or similar
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Strong analytical, problem solving, and critical thinking skills
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Workday HRIS software experience required
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Ability to review and process large volumes of confidential employee data
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Ability to work with all levels to identify and fix problems
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Excellent analytic skills with data sets and accuracy of calculations
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Demonstrated knowledge of FLSA requirements both Federal & State
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Detail oriented with the ability to use excel to calculate and administer incentive plans
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Collaborative team player with a positive, can-do attitude and a strong drive to take ownership and deliver results
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Ability to present and explain compensation concepts clearly and effectively to audiences at all levels of the organization.
Life at BHG Financial
At BHG Financial, we work hard and arenât afraid to take risks. Since the beginning, our core values of PMA (positive mental attitude), team player, and loyalty have been the driving force behind every interaction we have between each other and our customers. We have a healthy respect for the daily grind, yet we value work/life balance. We believe that all employees should have the opportunity to lead and that good ideas can come from anyone. From the top down, our leaders are actively involved not only in strategic oversight and running the business, but also in the well-being and growth of all employees. We consider people our #1 asset, and help employees realize their full potential, set and exceed their goals, and explore new opportunities for personal and professional development.
Why You Should Join BHG Financial
We strive to offer amenities, opportunities, events, and programming that support the interests of our teams, while furthering the culture that makes us Great Place to Work® certified. Some of the benefits you can expect when you join BHG Financial include:
â¢Medical/Rx/Dental/Vision coverage for employees and their eligible family members
â¢Competitive PTO and vacation policies
â¢1 Friday off each month for Wellness Weekends
â¢Company 401(k) plan with employer contributions after one year
â¢Company-sponsored training and certification opportunities
â¢Quarterly award ceremonies where top achievers are celebrated and receive additional bonuses
â¢Ongoing volunteer opportunities to give back to the community through our BHG Cares program
If youâre ready for a career where you can exercise your passions, be surrounded by co-workers who are relentlessly committed to service, and have a team-player mindset, apply today!
BHG Financial is committed to equal treatment and opportunity in all aspects of recruitment, selection, and employment without regard to gender, race, religion, national origin, ethnicity, disability, gender identity/expression, sexual orientation, veteran or military status, or any other category protected under the law. BHG Financial is an equal opportunity employer; committed to a community of inclusion, and an environment free from discrimination, harassment, and retaliation.
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About BHG Financial
BHG Financial is hiring for the Compensation Analyst role. Visit their website to learn more about the company and their culture.