Vice President of Compensation
Somerville, NJ - USA
Job Summary
Mass General Brigham relies on a wide range of professionals including doctors nurses business people tech experts researchers and systems analysts to advance our mission. As a not-for-profit we support patient care research teaching and community service striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.
In addition to competitive base pay we offer comprehensive benefits career advancement opportunities differentials premiums and bonuses as applicable and recognition programs designed to celebrate your contributions and support your professional growth. We invite you to apply and our Talent Acquisition team will provide an overview of your potential compensation and benefits package.
Job Summary
Vice President of CompensationLeading Strategic Compensation Programs to Drive Organizational Success
Position Overview
The Vice President of Compensation is a critical enterprise leader responsible for shaping and advancing a comprehensive compensation strategy that enables organizational performance and long-term sustainability. This role designs and stewards innovative market-competitive and equitable pay programs that align with the systems priorities strengthen talent attraction and retention and reinforce a high-performance culture.
Qualifications
Serving as a trusted advisor to executive leadership the VP partners closely with Human Resources Finance and operational leaders to ensure compensation strategies drive workforce outcomes support financial stewardship and advance fairness and transparency across the system. This leader brings a data-driven forward-looking perspective to compensation design ensuring programs are compliant scalable and positioned to meet the evolving needs of a complex healthcare environment.
Key Responsibilities
Develop and lead the overall compensation strategy including base pay incentive programs and executive compensation.
Ensure compensation programs are aligned with organizational goals market competitiveness and regulatory compliance.
Conduct market analyses and benchmarking to inform compensation decisions and maintain competitiveness.
Oversee the design and administration of salary structures job evaluations and pay grades.
Manage annual compensation review cycles including merit increases bonus allocations and equity programs.
Collaborate with HR leadership on talent management initiatives workforce planning and organizational design.
Guide senior management on compensation matters including executive pay.
Monitor emerging compensation trends legislative changes and leading practices to ensure programs remain current and effective.
Lead and mentor the compensation team fostering a culture of excellence and continuous improvement.
Ensure compliance with federal state and local regulations including FLSA EEOC IRS and healthcare-specific requirements.
Monitor the effectiveness of compensation programs through metrics such as retention engagement and cost effectiveness.
Recommend adjustments based on data-driven insights.
Qualifications
Bachelors degree in Human Resources Business Administration Finance or related field; Masters degree or relevant certifications preferred.
Minimum of 10 years experience in compensation with at least 8 years of experience in compensation management in a senior leadership role.
Expert knowledge of compensation principles practices and regulatory requirements.
Strong analytical skills with the ability to interpret complex data and make strategic recommendations.
Experience with executive compensation incentive design and equity programs.
Excellent communication and presentation skills with the ability to influence senior stakeholders.
Proven leadership and team management abilities.
High level of integrity confidentiality and professionalism.
Additional Job Details (if applicable)
Remote Type
Work Location
EEO Statement:
Mass General Brigham Competency Framework
At Mass General Brigham our competency framework defines what effective leadership looks like by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance make hiring decisions identify development needs mobilize employees across our system and establish a strong talent pipeline.
Required Experience:
Exec
About Company
Patients at Mass General have access to a vast network of physicians, nearly all of whom are Harvard Medical School faculty and many of whom are leaders within their fields.