Compensation Director is responsible for the design, implementation, and ongoing evaluation of the organization's compensation programs, including base pay, incentive pay, and performance management programs. Leads the compensation function and works with senior management to ensure that compensation strategy and programs support the organization's business objectives, meet all legal requirements, and deliver value and equitable pay. Being a Compensation Director develops compensation budget for assigned areas and manages budget after it is approved. Establishes data collection and analysis processes for market, pay equity, and other compensation studies. Additionally, Compensation Director may be responsible for entire organization or for one or more major segments of a larger organization. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a head of a unit/department. The Compensation Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Compensation Director typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Overview
To be part of our organization, every employee should understand and share in the YNHHS Vision, support our Mission, and live our Values.
These values - integrity, patient-centered, respect, accountability, and compassion - must guide what we do, as individuals and professionals, every day.
Provides technical and analytical support and participates in the planning, administration and communication of physician, advanced practice provider (APP), and ambulatory workforce compensation programs for YNHHS and affiliates.
Maintains and updates compensation reports and participates in labor market analyses. Advises, consults and partners with leadership to resolve issues related to provider compensation, equity and HR compliance.
Functions as the principal compensation partner for Northeast Medical Group (NEMG). Develops and implements programs and plans related to compensation and performance management to ensure YNHHS maintains competitive pay programs.
Collaborates with other departments across Human Resources to ensure effective issue resolution. Maintains complex information in human resource information system (HRIS) pertaining to position management and provider compensation programs.
Works with area management to develop accurate job descriptions, gathers relevant internal and external market data to develop effective job evaluation and salary recommendations Advises and consults on issues related to provider compensation, performance management and organizational development for providers across the YNHHS network.
EEO / AA / Disability / Veteran
Responsibilities
Anti-Kickback Statue, and the Internal Revenue Code to support fair market value (FMV) analyses.
Designs and implements custom surveys as appropriate. Develops cost estimates of any recommendations and supports presentation of recommendations Senior Leadership for further consideration.
develops and implements solutions to any problems which may arise.
9. Works with leadership to develop position descriptions and specifications for budget-approved and proposed provider positions within the Health System.
Reviews job descriptions with managers and incumbents to verify responsibilities and specifications. Develops recommendations regarding classification and salary range information for approved evaluation requests.
Qualifications
EDUCATION
Bachelor's degree in Finance, Health Administration, Business Administration, Human Resources, or related field required.
Master's degree preferred.
EXPERIENCE
Three to five years experience in provider compensation or physician / APP human resources management.
SPECIAL SKILLS
Strong interpersonal skills with ability to communicate effectively, both orally and in writing with all levels of organization and to function effectively in a team environment.
Ability to develop strong knowledge of organizational structure and reporting relationships. Demonstrated research, analytical and critical thinking skills.
Ability to plan, coordinate and administer complex administrative policies, systems and processes. Ability to make administrative and procedural decisions and judgments regarding sensitive, confidential issues.
Strong working knowledge of Microsoft Windows Office Suite, advanced end-user skills in Excel; working knowledge of Word and PowerPoint.
Knowledge of Human Resource Information Systems with ability to learn specific HRIS applications. Ability to interpret complex material from various sources.
PHYSICAL DEMAND
Primarily sedentary work sitting within typical office setting . Requires occasional ability to lift, push and pull objects such as files and office supplies up to 30 pounds and / or continuously up to 10 pounds;
and occasional moving about on foot to accomplish tasks, walking long distances or moving from one work site to another.
Frequent use of telephones requiring ability to hear and speak to clearly convey detailed or important information; and continuous use of computer and other office equipment requiring fingering and strong keyboarding skills.
YNHHS Requisition ID
106383
Last updated : 2024-03-08
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