The Director of Compensation develops, recommends, implements and administers all the compensation programs for CCHCS designed to attract, retain and motivate talent. The Director of Compensation analyzes workforce statistics and trends, providing information and recommendations to management for continuous improvement and competitive strategies. This HR Leader designs programs utilizing industry best practices, benchmarking and collaboration focused on rewarding, retaining and attracting a talented workforce. This leader collaborates with other members of the HR Leadership team in the implementation and execution of compensation programs, supporting the team through the creation of streamlined processes and procedures. Additionally, this leader tracks and measures financial impact of compensation programs including adoption and usage of plans/programs.
Reports to: Assistant Vice President of Human Resources
Develop and maintain salary systems, perform job evaluation and market analysis to align with business strategy, and attract, retain, and motivate employees.
Participate in compensation surveys and cost analysis of survey information. Recommend, develop and conduct surveys for specific needs, providing user-friendly and useful data for interpretation. Work with salary consultants for development of third-party surveys for specific positions/groups to obtain market data.
Consult with administrators, directors and managers concerning compensation, pay equity, performance appraisal, job analysis and related issues. Provide advice and assistance with compensation issues to management as well as other members of the HR team.
Provide formal education to managers for compensation policies, practice and theory, workforce statistics trends and analysis and legal compliance issues (FLSA, etc.). Review, recommend and implement compensation related Human Resource policies consistent with the health care system’s strategic objectives.
Develop, administer and maintain performance appraisal systems. Lead the development of the company’s annual merit process. Benchmarking short-term and long-term incentive programs.
Optimize and execute enterprise-wide executive compensation programs and processes in the areas of salary pay planning, executive compensation, reward & recognition programs, incentives, and performance management.
Maintain understanding of the market with respect to compensation through participation in professional organizations and publications, mass media, market data, workforce feedback and other available information to continuously examine and improve compensation programs for the welfare of both the health care system and all employees.
Lead a team of compensation professionals; ensure team has a thorough understanding of the business to align with and address complex needs.
Education, Certification, and Experience:
Bachelor’s degree in Business, Finance, Human Resources, or related area is required.
Healthcare industry experience is preferred.
MHRM or MBA preferred. Certified Compensation Professional (CCP), CEBS, and/or PHR preferred.
7 years of Human Resources and/or Finance experience with at least 3 years in a compensation leadership role, forming sound broad-based compensation underpinnings.
3 years of executive compensation experience is preferred.
Broad based knowledge of HR and payroll operations best practices and compliance.
Ability to select, develop, coach, counsel and motivate others.
Action oriented and adept at working in a fast-paced, growing organization.
Strong project management experience with knowledge of full project life cycle, including business process design, documentation, execution and change management
Demonstrated experience building strong client relationships. Demonstrated focus on excellent customer service skills.
Demonstrated consultative skills and experience influencing business decisions. Ability to work collaboratively across cultures and organization; ability to work independently and within a team environment.
Strong ability to identify, analyze, and solve problems, analyze complex ideas and data and translate into recommendations and presentations. Excellent analytical skills with ability to synthesize and analyze complex data to develop recommendations based on fact and logic.
Demonstrates good judgement in selecting methods and techniques for obtaining solutions
Demonstrated financial acumen. Ability to cost out recommendations, earn resources, and comply with budgets.
Advanced Microsoft Office Suite skills and the ability to generate desired information from existing information systems.
Additional Salary Information: Relocation assistance is available. A local candidate is preferred.