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Develop and execute a comprehensive executive compensation strategy
Serve as the primary liaison to the Chief People & Culture Officer, SVP of Total Rewards, and executive compensation consultant as they interact with the Board Compensation & Benefits Committee
Support enterprise-wide integration and organizational redesign efforts by aligning executive compensation programs
Partner with business and academic leaders to ensure compensation strategies reflect the unique needs of physician executives, faculty leaders, and research administrators
Ensure executive compensation programs are clearly communicated to participants
Ensures the compensation strategy is effectively implemented, within established budgets and complies with relevant regulations, laws, and employment standards
Manage and ensure the maintenance of the compensation infrastructure including job descriptions, job family/sub-family, job codes, pay structures, compensation guidelines
In collaboration with Compensation Delivery, manage and execute annual compensation projects and programs
Conducts special projects regarding highly complex and strategic compensation issues as directed
In collaboration with other compensation leaders and delivery, develop and implement compensation communications, education/training, plan documents and reporting analytics
Ensure jobs and compensation programs are appropriately managed for local compliance, internal equity and externally competitive
In conjunction with other compensation leaders, lead competitive benchmarking and market analyses
Support the development and management financial models and analytics to predict and leverage compensation programs and budgets
Manage all activity throughout the year and audit output, market trends and competitive pay positions
Responsible for monthly and quarterly compensation KPI review and reporting
Designs and directs the work of the functional area
Recommends operating and capital budgets and controls expenditures within approved budget objectives
Requirements:
Typically requires a bachelor’s degree in human resources, finance, or another related field
Certified Executive Compensation Professional (CECP) or Certified Compensation Professional certification (CCP) issued by the World at Work Society of Certified Professionals
Typically requires 10 years’ progressive experience in large, complex companies with a centralized compensation department and 5 years of management level experience
Experience in design and implementation of compensation programs, plans, and structures across multiple geographies
Experience with executive and incentive compensation plan design and administration
Experience in preparing high-quality materials for Board level committees
Experience developing strategic partnerships with senior management and influencing key business decisions
Experience using HR ERP technology such as Workday, Oracle, or SAP/SuccessFactors
Experience using compensation administration software such as CompAnalyst, PayFactors, or MarketPay
Demonstrated knowledge of and skills in Human Resource management functions such as employment, benefits, employee relations, and employee/organizational development
Forward-thinking leader who thrives in large-scale, complex, matrixed environments
Deep understanding of not-for-profit healthcare, academic medicine, and the nuances of executive compensation in a mission-driven environment
Demonstrated understanding of the laws and regulations that affect human resources and compensation
Deep knowledge of executive compensation regulations, including 409A and 4958
Demonstrated ability to design, administer, and evaluate compensation programs
Critical thinking skills with the ability to research and analyze data
Strong business and financial acumen
Proven ability to develop strategic and tactical plans
Excellent communication skills
Strong customer service orientation
Ability to lead others
Ability to develop and maintain effective working relationships
Consultative and collaborative style
Ability to mitigate unforeseen problems creatively and effectively
Ability to translate the technical nature of compensation
Ability to negotiate with firmness and tact
Proficiency in MS Office applications
Highly proficient with Excel and PowerPoint
Demonstrated ability to administer and evaluate compensation related applications
Travel required to build relationships and support the business
Must be able to sit for extended periods of time
What we offer:
Paid Time Off programs
Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
Flexible Spending Accounts for eligible health care and dependent care expenses
Family benefits such as adoption assistance and paid parental leave
Defined contribution retirement plans with employer match and other financial wellness programs