underpay - Analytics Engineer Health Catalyst Employee Review

Thank you for sharing your feedback. For nearly a decade, Health Catalyst has used Radford's salary survey data to inform and guide team member pay practices. Radford is a technology salary survey and as such, trends on the higher end of the compensation spectrum as compared to other reputable salary survey data, such as from Korn Ferry, Mercer, and Willis Towers Watson. Importantly, it's also the salary survey that includes job matching data for the vast majority of roles that Health Catalyst employs, which is critical. Radford data comprises hundreds of thousands of validated data inputs from companies across the globe that employ roles like Health Catalyst and, for those companies that participate and purchase its tool, is fully transparent in its methodology. This gives us great confidence that we are using the top source of compensation data available. While reported salary data from every viable source includes lag time, Radford reports updates quarterly. As an organization, we have made the decision to update salary ranges annually, which is a best practice. We have also made the commitment to work towards paying above-market, with a 65th percentile target, for all core team member positions, which represents nearly 90% of team members at Health Catalyst. I acknowledge, however, that we are not there yet, with every team member in every position, and we’ve shared that it will likely take us a few years to get to this level, but we are committed to doing so. This informed our decision as part of the 2024 planning cycle to provide core team members with an above-market 5% base salary increase in late 2024, with many core team members also receiving another increase to get them closer to the 65th percentile for their position. We have continued to prioritize base salary increases in the 2025 board-approved operating plan as well. I wish you the best in your future endeavors. -Dan Burton