Manager-Compensation

Northwestern Memorial Healthcare • Chicago, IL

1h • $58 - $85

About The Position

The Compensation Manager reflects Northwestern Medicine’s mission, vision, and values, adheres to its Code of Ethics and Corporate Compliance Program, and complies with applicable policies, procedures, regulatory requirements, and accreditation standards. The role oversees day-to-day compensation operations, identifies opportunities for improvement, and recommends changes to compensation programs. It supports internal customers at the director level and below with applying compensation programs and recommends solutions to internal or external pay inequities.

Requirements

• Bachelor’s degree (B.A. or B.S.).
• At least 5 years of compensation experience.
• Prior managerial experience.

Nice To Haves

• Master’s degree (M.S. or M.B.A.).
• CCP and/or CBP certification.
• Strong financial background, such as accounting or finance.

Responsibilities

• Oversee data gathering, interpret information, and help design and prepare materials for Senior Management in support of the annual salary increase budget and bonus programs.
• May lead enterprise-wide programs, such as the annual incentive program.
• Advise department managers on compensation policy and practice, including merit increases, equity adjustments, interim assignments, promotions, and demotions.
• Direct the Compensation Analyst in evaluating new, existing, and revised jobs; creating job descriptions; analyzing market data; comparing internal equity; and making salary and pay-grade recommendations.
• Define and oversee the process for market pricing benchmark positions, assist with recommendations, and present findings to senior management.
• Participate in salary surveys and use databases to analyze compa-ratios and pay differentials based on experience.
• Ensure compliance with Department of Labor Wage and Hour rules, including exempt and non-exempt classifications and overtime calculations.
• Ensure job descriptions are written and coded in compliance with licensure and certification requirements under The Joint Commission.

Benefits

• Tuition reimbursement
• Loan forgiveness
• 401(k) matching
• Benefits supporting physical, emotional, and financial well-being and protection from unexpected life events

What This Job Offers

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