Manager-Compensation

Northwestern Memorial Healthcare • Chicago, IL

1d

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 relevant policies, procedures, guidelines, and regulatory and accreditation standards. The position oversees day-to-day compensation operations, identifies opportunities for improvement, and recommends changes to the organization’s 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.).
• Certified Compensation Professional (CCP) and/or Certified Benefits Professional (CBP) designation.
• Strong financial background in accounting or finance.

Responsibilities

• Oversee gathering and interpretation of data and help design and prepare materials for senior management in support of annual salary increase budgets and bonus programs.
• May lead enterprise-wide programs, such as the annual incentive program.
• Advise department managers on compensation policies and practices, 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 recommending salaries and pay grades.
• Define and oversee the process for market pricing benchmark positions.
• Help make recommendations and present findings to senior management.
• Support market competitiveness by participating in salary surveys.
• 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 status 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
• Lifecycle benefits
• Benefits intended to support physical, emotional, and financial well-being and protection from unexpected life events

What This Job Offers

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