Job Description
ABOUT THIS POSITION
The Senior Compensation Analyst plays a key role in the design implementation and administration of compensation programs. This role partners with People Finance and business leaders to ensure compensation practices are competitive equitable and aligned with organizational strategy. The position requires strong analytical capability attention to detail and the ability to translate data into actionable insights.WHAT YOU'LL DO
Compensation Design & Administration
- Support the design implementation and ongoing management of base pay bonus and incentive programs
- Administer annual compensation processes including merit planning bonus payouts and market adjustments
- Partner with People Business Partners and leadership on compensation recommendations and pay decisions
- Ensure alignment of compensation programs with internal equity and external market competitiveness
Market Analysis & Benchmarking
- Conduct market pricing using compensation surveys (e.g. Radford Mercer Salary.com) to assess competitiveness
- Develop and maintain salary structures pay ranges and job architectures
- Analyze compensation trends and provide recommendations to leadership
Data Analysis & Reporting
- Perform complex data analysis to support compensation decisions and strategic initiatives
- Build models dashboards and reports to track compensation metrics (e.g. compa-ratio pay equity range penetration)
- Support pay equity analyses and compliance reviews including gender and diversity pay studies
Compliance & Governance
- Ensure compliance with federal state and local compensation regulations (e.g. FLSA pay transparency laws)
- Support documentation and audit readiness for compensation practices
- Maintain accurate job and compensation data within HRIS systems
Stakeholder Partnership
- Collaborate with People Talent Acquisition and Finance on offers promotions and workforce planning
- Provide guidance and education to leaders on compensation philosophy policies and practices
- Support executive and board-level compensation analyses as needed
WHAT YOU'LL NEED
- Bachelor’s degree in Human Resources Finance Business or related field
- 3–5+ years of experience in compensation or total rewards
- Strong analytical and quantitative skills (advanced Excel required; experience with modeling and data visualization preferred)
- Experience with market pricing and salary survey tools
- Knowledge of compensation principles practices and compliance requirements
Preferred
- Experience supporting equity and/or incentive compensation programs
- Familiarity with HRIS systems (e.g. Workday SuccessFactors)
- Experience with compensation tools (e.g. Radford/Aon Mercer PayScale)
- CCP (Certified Compensation Professional) certification or progress toward certification
ABOUT WAYSTAR
Through a smart platform and better experience Waystar helps providers simplify healthcare payments and yield powerful results throughout the complete revenue cycle.
Waystar’s healthcare payments platform combines innovative cloud-based technology robust data and unparalleled client support to streamline workflows and improve financials so providers can focus on what matters most: their patients and communities. Waystar is trusted by 1M+ providers 1K+ hospitals and health systems and is connected to over 5K commercial and Medicaid/Medicare payers. We are deeply committed to living out our organizational values: honesty; kindness; passion; curiosity; fanatical focus; best work always; making it happen; and joyful optimistic & fun.
Waystar products have won multiple Best in KLAS® or Category Leader awards since 2010 and earned multiple #1 rankings from Black Book™ surveys since 2012. The Waystar platform supports more than 500000 providers 1000 health systems and hospitals and 5000 payers and health plans. For more information visit waystar.com or follow @Waystar on Twitter.
WAYSTAR PERKS
- Competitive total rewards (base salary + bonus if applicable)
- Customizable benefits package (3 medical plans with Health Saving Account company match)
- We offer generous paid time off for our non-exempt team members starting with 3 weeks + 13 paid holidays including 2 personal floating holidays. We also offer flexible time off for our exempt team members + 13 paid holidays
- Paid parental leave (including maternity + paternity leave)
- Education assistance opportunities and free LinkedIn Learning access
- Free mental health and family planning programs including adoption assistance and fertility support
- 401(K) program with company match
- Pet insurance
- Employee resource groups
Waystar is proud to be an equal opportunity workplace. We celebrate value and support diversity and inclusion. Qualified applicants will receive consideration for employment without regard to race color religion age sex national origin disability status genetics marital status protected veteran status sexual orientation gender identity or expression or any other characteristic protected by federal state or local laws.
This applies to all terms and conditions of employment including recruiting hiring placement promotion termination layoff recall transfer leaves of absence compensation and training.
Skills Required
- Bachelor's degree in Human Resources Finance Business or related field
- 3-5+ years of experience in compensation or total rewards
- Advanced Excel skills
- Experience with market pricing and salary survey tools
- Knowledge of compensation principles practices and compliance requirements
- Experience with modeling and data visualization
- Experience supporting equity and/or incentive compensation programs
- Familiarity with HRIS systems (Workday SuccessFactors)
- Experience with compensation tools (Radford/Aon Mercer PayScale)
- CCP (Certified Compensation Professional) certification or progress toward certification
Waystar Compensation & Benefits Highlights
- Healthcare Strength—Company materials describe multiple medical plan options with HSA contributions and access to mental‑health resources; dental and vision coverage are included.
- Leave & Time Off Breadth—Offerings include generous PTO paid holidays volunteer time off and paid parental leave for maternity paternity and adoption.
- Retirement Support—A 401(k) plan with company matching is available and highlighted across public benefit descriptions.
Waystar Insights
What We Do
Waystar harnesses the power of agentic AI generative AI and advanced automation to drive meaningful outcomes so providers reach peak financial performance and patients receive care with confidence.The Waystar platform is used by more than 1 million providers and supports over 60% of the U.S. patient population - and integrates with all major HIS and practice management systems.The financial and administrative challenges facing healthcare providers are daunting. Waystar’s technology platform simplifies and unifies healthcare payments across the revenue cycle. We empower healthcare organizations to automate manual work gain insight into processes and performance and ultimately collect more revenue.At Waystar we know there’s a better more efficient way forward. Let’s climb the mountain ahead of us to reach new heights in healthcare.
Why Work With Us
Our Waystar values serve as a compass to center our decisions inspire action and promote outstanding performance. We are dedicated to providing a diverse inclusive workplace and fostering a shared sense of belonging.
Waystar Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
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Date Posted
06/25/2026
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