Compensation Consultant

University of Chicago Medical Center • Chicago, IL

332d • $112,500 - $150,000 • Remote

About The Position

Join a world class academic medical center, UChicago Medicine, as a Compensation Consultant in our Compensation Department. This position will be primarily a work from home opportunity with the requirement to come onsite as needed. You may be based outside of the greater Chicagoland area. The Compensation Consultant is responsible for daily compensation activities, annual processes, program management and ad-hoc projects. Supports internal and external business partners in bargaining unit costing, implementation, as well as wage and step increase administration. Participates in annual compensation surveys to support market competitiveness driven by a comprehensive annual review of market data. Consults with all levels of internal external clients and vendors to provide guidance and interpretation of compensation programs, policies, and procedures/practices.

Requirements

• Bachelor's degree in human resources, Finance or related field
• 7 - 10 years' human resources compensation experience with knowledge of applicable federal laws and regulations, experience in market pricing, job description development, salary surveys and salary administration
• 2-3 years with Human Resource Information Systems experience

Nice To Haves

• Certification in Compensation (World at Work) highly preferred
• Experience working with Oracle Cloud
• Background in financial modeling

Responsibilities

• Manages annual/cyclical compensation processes and programs including system updates communication materials and training materials to convey timeline and expected actions.
• Assists in the provision of training to management as applicable.
• Supports union labor negotiations providing costing/financial modeling of market data resulting in recommendations regarding grade structure and wages.
• May participate in related committees that support negotiation sessions.
• Oversee pay changes through the Collective Bargaining Agreement wage grids partnering with internal departments to move contractual pay changes to schedule.
• Collects and submits salary survey data for various compensation surveys using online market pricing tools.
• Track submission timelines and survey publication dates.
• Utilizes Oracle Cloud HRM system to create, edit and maintain data and/or system updates related to job, position, assignment or pay data.
• Consults with internal HRIT or IT Technology teams as necessary to ensure all related tables, fields or formulas provide the desired result.
• Regularly audits data to ensure data relationships result in expected data.
• Partners with HRIT function to ensure mutual understanding of system design, functionality, standard report generation and problem resolution which results in improved workflow efficiency for all users.
• Identifies potential system enhancements or process improvements to continually improve end user experience.
• Performs other duties as assigned including relationship management of vendors and internal business partners.

What This Job Offers

• Job Type: Full-time
• Industry: Hospitals
• Education Level: Bachelor's degree