Compensation Consultant
Current• Reviews and develops salary recommendations for new hires, promotions, transfers, and demotions.• Advises executives and Human Resources Business Partners on all aspects of compensation.• Manages incentive plans.• Integrates compensation programs of newly acquired hospitals into the health system.• Develops compensation programs, policies, guidelines, procedures, and processes and recommends enhancements consistent with best practice trends and business objectives.• Develops job descriptions and performs job evaluations leveraging external market data and balancing internal job value. • Builds partnerships across the organization to develop and deploy competitive strategies and objectives to reward and retain top talent. • Ensures the organization’s compensation programs align with its compensation philosophy and the needs of the business while remaining market competitive.• Provides strategic and consultative advice across the core areas of compensation to ensure effective design and application of best practice solutions. • Participates in cross-functional project teams on strategic compensation initiatives.• Participates in salary surveys and performs compensation modeling and analyses of internal and external benchmark data to provide well-reasoned, succinct, market driven and business-aligned recommendations.
