Total Rewards Director

Hennepin Healthcare•Minneapolis, MN

4d•Hybrid

About The Position

The Compensation and Benefits Director is a key strategic leader in designing and executing a competitive total rewards strategy across Hennepin Healthcare reporting to the VP of Human Resources. This position plays a critical role to align our total rewards (including, compensation, benefits, wellness, etc.) and other related processes and practices to support the execution of strategic objectives and initiatives for all employees. This role is a key thought leader in helping the organization implement strategies that impact the employee experience and culture at HHS. Strategically leads and provides work direction to the total rewards team and directs the team performance and engagement. Serves as a consultative partner at all leadership levels across the organization. In addition, a primary focus of this role is to drive Hennepin Healthcare’s (HHS) Total Rewards strategy, which includes market competitive Compensation and Benefits programs for all employees.

Requirements

Bachelor’s degree in Human Resources, Industrial Relations, or related field
10 years professional Human Resources experience in total rewards,and at a minimum inclusive of compensation and/or benefits defining and administration
2 years professional experience in designing programming/benefits or leading organizational wellness
Five (5) years leadership experience in compensation and benefits
An approved equivalent combination of education and experience

Nice To Haves

Master’s degree
Healthcare, provider, or sales compensation plan design experience
Knowledge of compensation principals and theories
Knowledge of HRIS software and ability to enter and extract data and run reports
Ability to use Microsoft Office software including Word, Excel, and PowerPoint at an advance level
Strong blend of business acumen, project management skills and technical expertise demonstrated by the ability to focus on business needs.
Ability to effectively allocate resources (i.e., budget and team members)
Exceptional problem solving and critical thinking skills
Demonstrated ability to think strategically and innovatively while supporting company-wide initiatives

Responsibilities

Leads total rewards strategy and team in the design of strategies, philosophies, or offerings supportive of the organization’s strategic priorities and its ability to provide the best employee experience for attracting and retaining talent
Directs, influences, and serves as a thought partner in the development and implementation of total rewards practices at all levels of HHS: Executive, provider, non-provider, union, and other non-union roles as well as the policies and practices that support the organization’s goals and competitive practices. Identifies innovative solutions to compensation and benefits matters on a proactive basis
Guides and leverages the total rewards team to define the organization compensation and benefits portfolio of offerings for all employees including a focus on employee wellness
Partners with the VP of Human Resources to plan or guide and implements and evaluates compensation and benefits strategies, programs, and policies in partnership with executive leadership by developing short and long-range department goals, programs and policies; ensures the compensation and benefits team supports and is aligned with business initiatives; influences strategic compensation and benefits program design and development; establishes and sustain strategic relationship with key stakeholders
Ensures strategic alignment of the provider compensation programs. This includes partnering with the VP of Human Resources, Chief Medical Officer, Physician Leadership, Chief Financial Officer and Finance Leaders and others in designing and refining pay practices that result in competitive provider compensation structure that meets Fair Market Value standards while achieving the strategic goals of HHS. Creates transparent policies, procedures and guidelines that are clearly defined with well documented review and approval
Co-Facilitates with Provider Services the development of market competitive compensation plan for providers, including incentive metrics, serving as a liaison Finance to assure accurate design of the plan
Guides the vendor relationships ensuring strategic focus and design, quarterly or monthly updates, ROI, cost effectiveness and goals are provided
Oversees HHS participation in market surveys for compensation and benefits to ensure market competitiveness
Advises and support organizational leaders on both annual and ongoing compensation processes and solutions (merit review, salary adjustments, promotions, new hire offers, etc.)
Oversees the maintenance of salary structures for positions across HHS
Develops and oversees the preparation of clear and efficient compensation related materials and deliverables (training, policies, guidelines, etc.)
Serves as a key stakeholder for leading and defining the organization wellness strategy, initiatives and programs ensuring employees are well-being
Assists with the communication strategy that enables executives and other key stakeholders to be appraised of total rewards activities and projects while promoting engagement
Leads and participates in special projects in support of organizational goals. Including collaborating with the Public Relations department or others as needed
Responsible for the preparation, review, and management of all reporting department budgets to meet or exceed budgetary expectations and vendor management
Maintains working knowledge of best practices in relation to role
May prepare materials for board meetings or executive decision making for total rewards
Selects, develops, evaluates, and mentors team. Directs the work of the department in alignment of the Human Resources function, establishes priorities, procedures, resource allocation, development and execution of labor and employee relations activities
Lead a high performing talent management team of professionals and provides effective leadership to direct reports through 1:1s, performance management, development planning and coaching