Senior Compensation Healthcare Consultant

Corewell Health • Grand Rapids, MI

3d • Onsite

About The Position

Job Summary Designs, administers, and supports strategic compensation programs, projects, and initiatives that are competitive and align with business strategies and talent objectives. Independently, conducts data analytics, reporting, and generates insights and recommendations to inform, educate, and influence long term compensation strategy. Provides credible strategic and tactical consultative support, partnership, and expert guidance on compensation matters for HR leaders/business partners, operational leaders and the compensation team. Serves as a mentor for compensation team members. Essential Functions Provides ongoing consultation and subject-matter expertise to HR Business Partners and other leaders on large, complex business areas regarding compensation matters, including related policies, programs, practices and administration. Partners with department clients and internal HR customers to address day-to-day operational salary administration issues and salary offers. Leads and consults on large, complex special projects as required, which may include reorganizations, mergers, acquisitions and divestitures, cross-functional HR initiatives, and the communication of various compensation programs and practices with a strong focus on change management. Monitors external competitive compensation practices, trends and benchmarks through independent research and networking, and bringing forward appropriate recommendations and solutions to ensure competitiveness of overall compensation programs. Communicates and monitors implementation of compensation policies and administrative procedures. Partners with leaders and HR Business Partners for job evaluation processes, including consultation on job design and organizational structure analysis to ensure internal equity and market alignment as well as enterprise-wide job leveling. Design, implement, and manage job evaluation review process resulting in efficient and timely response to organizational needs. Participates in the design, development, administration, and training to provide seamless delivery of compensation solutions, including base pay, premium pay, salary structures, job architecture, career ladders, job families, job descriptions, market reviews, competencies, salary surveys, FLSA compliance, and other related programs. Ownership of specific projects to ensure delivery against project objectives and provides support as a thought leader in methodologies relative to analysis, design, and implementation approaches and methods to be leveraged on projects undertaken. Resolves multifaceted compensation issues and partners with the compensation team to meet project deliverables while leveraging solid understanding of policies, procedures, compliance requirements, and best practices. Contributes to the overall improvement of compensation services, solutions, and development of new tools and approaches. Develops robust compensation tools that can be leveraged across the system, such as cost models, market analysis tools, presentations, and training.

Requirements

• Bachelor's Degree in Human Resources, Finance, Business Administration or 10 years of relevant experience in compensation
• Experience working in healthcare compensation or related field

Nice To Haves

• Master's Degree
• CRT-Certified Professional Compensation (CCP) - WorldatWork
• CRT-Senior Professional in Human Resources, Certified (SCP) - SHRM

Responsibilities

• Provides ongoing consultation and subject-matter expertise to HR Business Partners and other leaders on large, complex business areas regarding compensation matters, including related policies, programs, practices and administration.
• Partners with department clients and internal HR customers to address day-to-day operational salary administration issues and salary offers.
• Leads and consults on large, complex special projects as required, which may include reorganizations, mergers, acquisitions and divestitures, cross-functional HR initiatives, and the communication of various compensation programs and practices with a strong focus on change management.
• Monitors external competitive compensation practices, trends and benchmarks through independent research and networking, and bringing forward appropriate recommendations and solutions to ensure competitiveness of overall compensation programs.
• Communicates and monitors implementation of compensation policies and administrative procedures.
• Partners with leaders and HR Business Partners for job evaluation processes, including consultation on job design and organizational structure analysis to ensure internal equity and market alignment as well as enterprise-wide job leveling.
• Design, implement, and manage job evaluation review process resulting in efficient and timely response to organizational needs.
• Participates in the design, development, administration, and training to provide seamless delivery of compensation solutions, including base pay, premium pay, salary structures, job architecture, career ladders, job families, job descriptions, market reviews, competencies, salary surveys, FLSA compliance, and other related programs.
• Ownership of specific projects to ensure delivery against project objectives and provides support as a thought leader in methodologies relative to analysis, design, and implementation approaches and methods to be leveraged on projects undertaken.
• Resolves multifaceted compensation issues and partners with the compensation team to meet project deliverables while leveraging solid understanding of policies, procedures, compliance requirements, and best practices.
• Contributes to the overall improvement of compensation services, solutions, and development of new tools and approaches.
• Develops robust compensation tools that can be leveraged across the system, such as cost models, market analysis tools, presentations, and training.

Benefits

• Comprehensive benefits package to meet your financial, health, and work/life balance goals. Learn more here.
• On-demand pay program powered by Payactiv
• Discounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!
• Optional identity theft protection, home and auto insurance, pet insurance
• Traditional and Roth retirement options with service contribution and match savings
• Eligibility for benefits is determined by employment type and status

What This Job Offers

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