Top Compensation Executive jobs in Saginaw, MI

Covenant HealthCare

Summary:
The compensation administrator position is responsible for providing professional guidance, coordination, and support in the effective and consistent application of staff job classification and compensation administration policies and practices. Analyzes, designs, and administers employer compensation programs, including base pay, differential, incentive pay, and other programs. He/She also evaluates jobs, determines pay grades, participates in compensation surveys, performs associated analysis and ensures new hires and that requests for pay adjustments comply with current compensation policy. Administers and maintains various compensation-related data management systems, and coordinates and facilitates implementation of corporate-level compensation programs and initiatives while ensuring compliance with all related federal and state requirements. The compensation administrator also provides excellent customer service, provides proactive solutions, while developing and maintaining a strategic business partnership with leadership. Demonstrates excellent customer service performance in that his/her attitude and actions are at all times consistent with the standards contained in the Vision, Mission and Values of Covenant HealthCare and the commitment to Extraordinary Care for Every Generation.

Responsibilities:
• Analyzes and contributes to the evaluation of total reward programs, pay differentials, and other recognition and rewards. Researches and analyzes market data to benchmark best practices and competitive positioning. Identifies and prioritizes recommendations to improve and maintain market competitiveness. • Acquires and maintains advanced reporting and data visualization principles, practices and tools. Develops and prepares high quality analysis, reporting and presentations. Gathers and documents business requirements and identifies potential solutions and recommendations. Designs and generates standard and ad-hoc reports to analyze and provide insights and interpretation to enhance decision making and problem solving. • Participates in the continuous development, adoption, testing and maintenance of HR processes and systems. Documents and maintains standard operating procedures and workflows for HR functions and business processes. Monitors HR technology trends, user communities and knowledge base to continually develop and promote capabilities and efficiencies. • Maintains awareness of federal and state wage and hour and other employment-related laws and regulations (e.g., Fair Labor Standards Act, EEO). Supports compliance with federal, state and local employment-related laws and regulations with reporting and by researching best practices and implementing process enhancements to improve efficiency and effectiveness. • Contributes subject matter expertise and consultative guidance to internal customers and cross-functional projects within HR and the company. • Maintains and enforces data integrity, accuracy and confidentiality for all Human Resources information systems. Conducts audits of data and processes to ensure data integrity and quality. • Provide proactive guidance to human resources staff and leadership to monitor and maintain competitive positioning, balancing internal equity, external competitiveness and financial impacts. • Participate in compensation surveys to benchmark and evaluate compensation program design and market positioning. Implements custom surveys as appropriate. • Completes records, reporting, and other documentation required by federal, state, and provider rules, regulations, and policies. • Maintains knowledge of economic conditions, labor market, and other factors related to ensuring the organization provides competitive and reasonable benefits and compensation scales and structures. • Maintains knowledge of trends, developments, and best practices in compensation and benefits administration. • Analyzes and reviews job classification and reclassification requests; quality controls the job classification process for both existing positions and newly created positions, performing job audits as appropriate. • Assists and collaborates, as appropriate, in the planning, coordination, facilitation, administration, and reporting of the annual salary review program for regular staff employees. • Prepares and delivers presentations to management on compensation related matters. • Performs other related duties as assigned to meet the needs of the business.

EDUCATION/EXPERIENCE REQUIREMENTS • Required: Bachelor’s degree in Business Administration, Human Resources or Finance/Accounting • Preferred: 5 years of related compensation or compensation administration experience • Preferred: Master’s degree in Business Administration, Human Resources or Finance/Accounting • Preferred: SHRM-CP, PHR, or Certified Compensation Professional (CCP) KNOWLEDGE/SKILLS/ABILITIES These requirements are representative, but not all-inclusive of the knowledge, skills, and ability required to perform the job. • Ability to work autonomously and deal with a variety of people. Ability to read and follow written/verbal protocol. • Ability to gather and analyze statistical data and generate reports. • Ability to interpret, adapt, and apply guidelines and procedures. • Ability to make administrative and procedural decisions and judgments on sensitive, confidential issues. • Analyzing and evaluating job content and writing accurate job descriptions. • Knowledge of statistical sampling and survey methodology. • Knowledge of compensation administration principles and procedures. • Demonstrate effective interpersonal, communication and organizational skills. • Demonstrates ability to establish and maintain effective interpersonal relationships and communication. • Demonstrates ability to accept and implement change. • Demonstrates ability for problem solving. • Strong organization skills with the ability to work independently and take initiative. • Computer proficiency and technical aptitude with the ability to use Microsoft products, experience with HRIS and benefits databases. • Project and team management skills and experience. Proven ability to work effectively in a team environment with others. Capability of effective planning and priority setting. Ability to manage several complex projects simultaneously while working under pressure to meet deadlines. • Strong analytical skills and a thorough knowledge of plan designs. Ability to understand, evaluate and make judgment on the proposals (RFPs).