Director - Physician Compensation
Director - Physician Compensation
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
The Director of Physician Compensation is responsible for the strategic oversight design and administration of physician compensation programs Mayo Clinic. This leadership role ensures that all Physician Compensation practices are aligned with the organizations mission clinical priorities and financial objectives while maintaining compliance with applicable regulatory and legal standards. The Director will serve as a trusted advisor to leadership providing expert guidance on compensation strategy governance and market competitiveness.
This position leads the development and implementation of comprehensive Physician Compensation models that support physician engagement performance and retention. Responsibilities include directing the annual compensation planning cycle conducting market analyses ensuring internal equity and fiscal stewardship across all Physician Compensation arrangements and leveraging technology solutions to improve efficiency.
The Director will collaborate closely with stakeholders across Human Resources Finance Legal Compliance and Clinical Operations to ensure that all Physician Compensation programs are transparent defensible and consistent with fair market value and commercial reasonableness standards. This role also includes oversight of compensation analytics contract review processes and the development of policies and procedures that support operational excellence and regulatory compliance.
Qualifications
Minimum Qualifications:
- Bachelors degree in Business Administration Healthcare Administration Finance or a related field is required.
- A minimum of 5 years of progressive experience in Physician Compensation or Compensation field preferably within a complex healthcare environment.
- A minimum of 3 years of experience leading teams.
- Demonstrated expertise in physician compensation design healthcare finance and regulatory compliance including Stark Law and Anti-Kickback Statute.
- Strong analytical and quantitative skills with the ability to interpret complex data and present actionable insights to senior leadership.
- Proven leadership experience with the ability to direct cross-functional teams and influence stakeholders at all levels of the organization.
- Proven ability to lead large complex projects from design concept through implementation including change management skills.
- Proficiency in compensation modeling tools data visualization platforms and experience with Oracle or similar HRIS systems is preferred.
- Exceptional written and verbal communication skills with a high degree of professionalism and discretion.
Preferred Certifications:
- Certified Physician Compensation Compliance (CPCC)
- Certified Physician Compensation Valuator (CPCV)
- Certified Compensation Professional (CCP) WorldatWork
- Certified Medical Practice Executive (CMPE) MGMA
- Fellow of the American College of Healthcare Executives (FACHE)
Required Experience:
Director
Employment Type
Full-Time
