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Senior Variable Compensation Analyst

Senior Variable Compensation Analyst

LocumTenens (Jackson Healthcare)Alpharetta, GA, US
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Senior Variable Compensation Analyst

LocumTenens.com has been leading the way in a booming healthcare industry since 1995. Locum Tenens is a Latin phrase meaning, "to substitute for." When hospitals are understaffed, they rely on us to find them the right temporary physicians to fill in when needed. Every associate at LocumTenens.com plays a role in getting patients seen, no matter what they studied in school or what their role is here. Located in Alpharetta, GA, we boast a state-of-the-art campus featuring world-class amenities. There's nothing ordinary about a typical day here.

We are a Jackson Healthcare company and we are now the second largest healthcare staffing company in the U.S., serving more than 7 million patients in over 1,400 healthcare facilities.

The Senior Variable Compensation Analyst will be responsible for administrating and maintaining associate variable compensation plans. This position serves as a key liaison to resolve variable compensation related issues and plans aligned with business goals and departmental budgets. This position also analyzes data to identify trends and opportunities for improvement, providing insight to enhance the efficiency of the variable compensation process.

Essential Functions And Basic Duties :

Variable Compensation Administration - 75%

  • Administers and maintains sales commission and bonus compensation plans, ensuring accurate calculations and timely payouts.
  • Utilizes compensation tools and platforms, such as SQL database, to support plan execution and data tracking, including goal, performance, and incentive tracking for production associates and leaders, ensuring system integrity and reliability.
  • Collaborates with cross-functional teams to address compensation-related questions, resolve disputes, and gather insights and feedback, to ensure that compensation structures align with business objectives.
  • Partners in the development and refinement of sales compensation plans, including quotas, pay structures, and incentive models.
  • Provides clear and accessible explanations of compensation plans and policies to internal customers, addressing inquiries promptly.
  • Partners with leadership within Production to develop and assist in delivering training to production associates on new or updated variable compensation plans, ensuring clarity and understanding; partners with Payroll and Accounting to ensure pay cycle and month end obligations are fulfilled.
  • Plans and maintains existing budgets on both departmental and organizational level
  • Assures that variable compensation initiatives and programs drive the company's strategic objectives and that these initiatives are in alignment with the overall vision, goals, and standards

Reporting, Analytics, and Compliance - 25%

  • Gathers and analyzes data related to variable compensation plans to identify trends, gaps, and opportunities for improvement.
  • Monitors and ensures adherence to legal and regulatory requirements for all compensation programs.
  • Manages all ad hoc information requests and reporting.
  • Prepares and distributes reports on variable compensation plan performance and administration, including metrics that track success and identify areas for adjustment and reporting to support audit, budget, and financial reporting needs.
  • Stays abreast of industry compensation trends and provide insight to leadership.
  • Stays informed about industry best practices to recommend improvements and innovations.
  • Executes regular audits of data and processes to ensure accuracy and compliance with internal policies and external regulations.
  • Secondary Functions (If Applicable)

  • May work on special projects or other duties as assigned
  • Supervisory / Budgetary / External Communication Responsibility

  • Communicates with external service providers
  • Responsibility of a sub-budget of the department
  • Qualifications Education, Work Experience, Certifications

  • Bachelor's Degree in related field required
  • 5-7+ years of related experience
  • Knowledge, Skills, and Abilities

  • Ability to adhere to and exhibit the Company Values at all times
  • Working knowledge of Microsoft Word, PowerPoint, Outlook, and Teams
  • Advanced knowledge of Microsoft Excel and SQL Database
  • Working knowledge of Salesforce or relative CRM systems
  • Working knowledge of document management systems
  • Ability to effectively manage multiple competing priorities in a fast-paced environment
  • Excellent communication skills - both oral and written
  • Ability to build strong business relationships at all levels
  • Strong interpersonal skills
  • Strong attention to detail
  • Strong organizational and time management skills
  • Ability to work independently and collaboratively
  • Solid critical thinking and creative problem-solving skills
  • Ability to consistently meet goals, commitments, and deadlines
  • Ability to work with sensitive information and maintain confidentiality
  • Thorough understanding of Generally Accepted Accounting Principles (GAAP)
  • Working knowledge of financial management systems, Workday a plus
  • Key Competencies Required

  • Communicates Effectively
  • Customer Focus & Teamwork
  • Decision Making
  • Develops Self
  • Innovative
  • Quality & Results-Oriented
  • Resourceful & Tenacious
  • Technical Skills
  • Physical, Mental, Working Condition, and Travel Requirements

  • Typical office environment - sedentary with typing, writing, reading requirements. May be able to sit or stand.
  • Speaking, reading, writing, ability to use a telephone and computer
  • Ability to exert up to 10 lbs. of force occasionally
  • Ability to interpret various instructions
  • Ability to deal with a variety of variables under only limited standardization
  • Travel not required
  • What is in it for you Company-paid benefits (Basic Life and AD&D, Short and Long-Term Disability, Employee Assistance Program, Compass Health Advocate and Transitions). Healthcare benefit options (Value Plan, High Deductible Plan with HSA, Healthcare FSA, Dependent Care FSA, Prepaid Legal Services, 529 Savings Plan, Pet Insurance). Paid maternity and paternity leave. Company sponsored 401k plan with company matching. PTO that accrues at a rate of 15 days / year for 1st year and continues to increase with tenure. Tuition reimbursement for continuing education. An opportunity to work at a state-of-the-art facility in Alpharetta which features an on-site daycare and cafeteria, world-class fitness center and wellness clinic.

    Disclosures

    Smoking / vaping and the use of tobacco products are prohibited on all Company premises, including indoor and outdoor areas, parking lots, and Company-owned vehicles.

    As part of our employment process, candidates who receive a conditional offer may be required to undergo pre-employment drug testing.

    We are an Equal Opportunity Employer and do not discriminate based on race, color, religion, sex, national origin, age, disability, veteran status, or any other protected status under the law.

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