Waystar
Sr. Compensation Analyst
Louisville, KY · Senior
Sponsorship not specifiedDetected 21 days ago
Data AnalysisData VisualizationExcelRecruitingHRHRISCompensationLeadership
About the role
- The position requires strong analytical capability, attention to detail, and the ability to translate data into actionable insights.
- Waystar is trusted by 1M+ providers, 1K+ hospitals and health systems, and is connected to over 5K commercial and Medicaid/Medicare payers.
- 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.
Responsibilities
- Compensation Design & Administration
- Partner with People Business Partners and leadership on compensation recommendations and pay decisions
- Perform complex data analysis to support compensation decisions and strategic initiatives
- Support documentation and audit readiness for compensation practices
- Maintain accurate job and compensation data within HRIS systems
- Collaborate with People, Talent Acquisition, and Finance on offers, promotions, and workforce planning
- Support executive and board-level compensation analyses, as needed
Requirements
- Bachelor's degree in Human Resources, Finance, Business, or related field
- Knowledge of compensation principles, practices, and compliance requirements
- Familiarity with HRIS systems (e.g., Workday, SuccessFactors)
- Experience with compensation tools (e.g., Radford/Aon, Mercer, PayScale)
Nice to have
- Strong analytical and quantitative skills (advanced Excel required
- experience with modeling and data visualization preferred)
Compensation
- 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
- 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
Benefits
- Through a smart platform and better experience, Waystar helps providers simplify healthcare payments and yield powerful results throughout the complete revenue cycle.
- 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
- Support the design, implementation, and ongoing management of base pay, bonus, and incentive programs
- Ensure alignment of compensation programs with internal equity and external market competitiveness
- Build models, dashboards, and reports to track compensation metrics (e.g., compa-ratio, pay equity, range penetration)
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This listing is sourced directly from Waystar's careers page and normalized into a canonical job model.