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MANAGER OF COMPENSATION

Owensboro Health

Location: 42301
Type: Full-Time
Posted on: January 5, 2022
MANAGER OF COMPENSATION Leadership Hours: M-F 8-4:30 Days - Full-time Paygrade/Wages/Salary Info: OH 2013-78 - 46013J
Remote/Work From Home is an option, but may be required to work on-site on occasion. # Job Summary Responsible for managing the compensation function of the system by planning, developing and implementing new and revised compensation programs, policies, and procedures in order to be responsive to Owensboro Health Human Resources organizational strategic objectives and vision. # Job Responsibilities Collaborates with Human Resource partners and system leaders to ensure the company#s various compensation plans, programs, and policies efficiently meet the needs of the system, while adding a high level of quality and financial value. Assures thorough audits and reports are consistently administered in compliance with system policies and government regulations. Monitors the effectiveness of existing compensation policies, guidelines, and procedures recommending plan revision as well as new plans that are cost effective and consistent with compensation trends and system objectives; coordinates implementation and provides guidance to staff. Provides advice to system staff and management on pay decisions, policy and guideline interpretation, and job evaluation including the design of creative solutions to specific compensation-related programs. Manages the administration of direct compensation including the processing, recording, and reporting of compensation-related actions. Manages the global design, implementation, administration, and communication for compensation programs and processes. Supervises the participation in and conduct of both exempt and nonexempt salary surveys to ensure corporate compensation objectives are achieved. Keeps apprised of federal, state, and local compensation laws and regulations in order to ensure company compliance. Manages compensation analysts to include hiring, training, coaching and counseling, pay recommendations, discipline, and prioritization of projects. Provides appropriate benchmarking and data analytics for compensation plans to be utilized internally and as efficiently as possible. Designs and delivers compensation programs that are cost effective and competitive in the market which will attract and retain employees for the long term. Manages the annual compensation life cycle including budget guidelines, changes in compensation policies or practices, incentive plan schedules, processes, communication and reporting results market pricing, salary range development and review, salary budgeting, and administration of merit increases and bonuses. Seeks ways to automate compensation processes and transactions. Manages vendors as necessary. Manages survey vendor relationships and the company#s participation in salary and variable compensation surveys to assure that data collected and reported represent current competitive market levels for the various lines of business. Works with the Director to establish annual and ongoing compensation strategies and department goals. Collaborates with HRIS team regarding compensation systems design, enhancements, upgrades, testing, and maintenance. Qualifications Bachelor#s degree or higher in Human Resources required upon hire OR Bachelor#s degree or higher in related field required upon hire A combination of education, training and experience may be considered in lieu of degree. A minimum of 4 years# relevant experience required No licensure/certification/registration required Skills and Attributes Base and/or incentive compensation design and administration experience. Excellent verbal and written communication, interpersonal, listening, and consultative skills with the ability to develop positive working relationships throughout the business. Excellent analytical and Excel skills, including the ability to review, analyze, and interpret data, write formulas, create pivot tables and graphs, and provide conclusions and recommendations based on analysis. Must be able to calculate, analyze, and interpret mathematical and statistical information such as percent differences, ratios, median, mean, weighted average, regression, etc. Experience with HRIS, ERP, market pricing, and/or salary planning systems. Ability to organize, prioritize and lead large-scale projects. High attention to detail and strong customer focus. Requires critical thinking skills and decisive judgment. Works under minimal supervision. Must be able to work in a stressful environment and take appropriate action. Strong knowledge of Human Resources Experience with a full range of HR processes and applications (Recruiting, Benefits, Payroll, Performance and Compensation Management, Reporting). Excellent project and vendor management, organizational, analytical, problem-solving, verbal, written, presentation, and interpersonal. skills. Strong executive presence, ability to interact with business leadership and gain respect quickly. Physical Demands Standing: Occasionally Walking: Occasionally Sitting: Frequently Lifting 0-25 lbs: Rarely Lifting 25-75 lbs: Never Lifting over 75 lbs: Never Carrying 0-25 lbs: Rarely Carrying 25-75 lbs: Never Carrying over 75 lbs: Never Pushing/Pulling 0-25 lbs: Rarely Pushing/Pulling 25-75 lbs: Never Pushing/Pulling over 75 lbs: Never Climbing: Rarely Bending/Stooping: Rarely Kneeling: Rarely Crouching/Crawling: Rarely Reaching: Occasionally Talking: Frequently Hearing: Occasionally Repetitive Foot/Leg Movements: Never Repetitive Hand/Arm Movements: Frequently Keyboard Data Entry: Frequently Running: Never Vision: Depth Perception: Frequently Vision: Distinguish Color: Frequently Vision: Seeing Far: Frequently Vision: Seeing Near: Frequently Owensboro Health Core Commitments INTEGRITY - We conduct ourselves with a high level of responsibility, reliability and honesty because we take seriously the trust of our patients and coworkers. RESPECT - We value and accept the unique talents and contributions of every patient, customer and team member in the Owensboro Health community. TEAMWORK - We build a spirit of connectivity and fellowship by striving together to overcome obstacles, surpass goals, celebrate accomplishments and plan the future. INNOVATION - We foster original ideas and creative solutions that improve our daily work and promote the mission of Owensboro Health. SERVICE - We focus on service to patients, customers and team members by anticipating their needs, thoughtfully meeting those needs and continually improving the quality of everything we do. EXCELLENCE - We reach beyond basic expectations to expand our knowledge and awareness, produce exceptional work and provide outstanding service.