Compensation Business Partner

CommonSpirit Health • CHICAGO, IL

10d

About The Position

The Compensation Business Partner serves as a strategic consultant and evidence-based liaison between the Total Rewards Center of Excellence and operational leadership. The role aligns compensation strategies, policies, and pay practices with CommonSpirit Health’s mission, business objectives, and organizational growth initiatives across assigned service areas.

The position combines data-driven analytics with human capital strategy. It monitors compensation program effectiveness, conducts market analysis to support internal equity and external competitiveness, and provides actionable insights and guidance to management, HR partners, and leaders. The role also supports workforce planning, compensation cost management, regulatory compliance, and integration projects related to mergers, acquisitions, and divestitures. Through cross-functional partnership and clear communication, the Compensation Business Partner helps leaders and team members understand compensation initiatives and supports a culture of fairness, belonging, and purpose-driven work.

Requirements

• Bachelor’s degree or four years of job- or industry-related experience in lieu of the degree.
• At least two years of experience in compensation-related fields.
• Knowledge of compensation programs, processes, issues, and considerations.
• Expertise in compensation design and concepts, market pricing, implementation, administration, and cost controls.
• Knowledge of decision-making processes, tools, and techniques, with the ability to analyze situations and reach productive decisions based on informed judgment.
• Ability to think about the broader organizational context and maintain focus on key success factors.
• Knowledge of effective listening and communication concepts, tools, and techniques, with the ability to accurately receive, convey, and interpret information and ideas to influence others.
• Business acumen and ability to influence cross-functional teams.
• Strong communication skills, including the ability to explain the rationale and value of compensation initiatives.

Nice To Haves

• Certified Compensation or HR Professional.

Responsibilities

• Drive strategic compensation planning, including merit budgeting, forecasting, and market analysis for assigned service areas.
• Partner with leadership to interpret complex compensation policies and ensure consistent application and alignment with business goals.
• Develop and execute communication strategies that support new total rewards initiatives.
• Monitor and manage compensation costs while maintaining internal pay equity and competitiveness within the healthcare market.
• Ensure compliance with legal and regulatory requirements, coordinating with Legal and Labor Relations as needed.
• Provide compensation integration services for mergers, acquisitions, and divestitures.
• Monitor compensation program effectiveness and provide actionable insights to management.
• Work with HR partners and leadership on complex compensation challenges and workforce planning.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level