Director Compensation Strategy & Planning
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Job Location:
Poughkeepsie, NY - USA
Hourly Salary:
$ 59 - 111
Posted on:
4 hours ago
Vacancies:
1 Vacancy
Job Summary
Description
Position at Nuvance Health
At Nuvance Health we enjoy the benefits of a two-state system as we cultivate an inclusive culture where everyone feels welcomed respected and supported. Together we are a team of 15000 strong hearts and open minds. If you share our values of connected personal agile and imaginative we invite you to discover whats possible for you and your career.
Purpose: Design plan and implement compensation programs policies and procedures for the healthcare system including corporate hospital operations (excluding physician compensation) and affiliated network. Responsible for achieving Nuvances desired competitive position to market and supporting system goals and initiatives. Ensure compensation programs enhance Nuvances ability to recruit motivate and retain talented employees.
Essential Responsibilities
1. Develop implement and administer compensation programs and systems including merit market and equity analyses across the healthcare system.
2. Counsel leaders on pay compensation practices and policy interpretations. Guide decision-making process and final outcomes by providing detailed analysis/models innovative recommendations and actionable expert advice.
3. Oversee completion of compensation surveys and ensure access to contemporary relevant market data. Develop and maintain compensation structures as well as titling and leveling standards.
4. Conduct complex analyses to ensure internal equity consistent application of policy and external competitiveness throughout the hospital network. Provide strategic support for Labor Relations; may provide economic modeling during union collective bargaining negotiations.
5. Direct the work and development of compensation team.
6. Coach and mentor direct reports and others in sphere of influence.
7. Provide specific meaningful performance feedback and complete appraisal processes in a timely manner.
8. Lead annual merit increase cycle for the hospital operations network; educate and guide leaders to optimize merit budget and reward exceptional performance
9. Conduct ad hoc market assessments and provide cost effective recommendations to strategically address targeted business segments.
10. Develop annual department budget in conjunction with Head of Total Rewards
11. Lead and participate in cross-functional teams driving solutions impacting associate pay including mergers and acquisitions integration and system-wide initiatives.
12. Assess compensation systems and processes for streamlining and continuous improvement opportunities.
13. Ensure accurate reporting and compliance with all applicable laws and regulations regarding compensation.
14. Review Fair Labor Standards Act (FLSA) exemption status and conduct tests to ensure appropriate status.
15. Keep abreast of legislative changes and anticipate impact on hospital system. Proactively communicate and advise senior leadership of potential implications and recommend mitigation strategies.
16. Maintains and Model the Organizations values.
17. Demonstrates regular reliable and predictable attendance.
18. Performs other duties as required.
2. Counsel leaders on pay compensation practices and policy interpretations. Guide decision-making process and final outcomes by providing detailed analysis/models innovative recommendations and actionable expert advice.
3. Oversee completion of compensation surveys and ensure access to contemporary relevant market data. Develop and maintain compensation structures as well as titling and leveling standards.
4. Conduct complex analyses to ensure internal equity consistent application of policy and external competitiveness throughout the hospital network. Provide strategic support for Labor Relations; may provide economic modeling during union collective bargaining negotiations.
5. Direct the work and development of compensation team.
6. Coach and mentor direct reports and others in sphere of influence.
7. Provide specific meaningful performance feedback and complete appraisal processes in a timely manner.
8. Lead annual merit increase cycle for the hospital operations network; educate and guide leaders to optimize merit budget and reward exceptional performance
9. Conduct ad hoc market assessments and provide cost effective recommendations to strategically address targeted business segments.
10. Develop annual department budget in conjunction with Head of Total Rewards
11. Lead and participate in cross-functional teams driving solutions impacting associate pay including mergers and acquisitions integration and system-wide initiatives.
12. Assess compensation systems and processes for streamlining and continuous improvement opportunities.
13. Ensure accurate reporting and compliance with all applicable laws and regulations regarding compensation.
14. Review Fair Labor Standards Act (FLSA) exemption status and conduct tests to ensure appropriate status.
15. Keep abreast of legislative changes and anticipate impact on hospital system. Proactively communicate and advise senior leadership of potential implications and recommend mitigation strategies.
16. Maintains and Model the Organizations values.
17. Demonstrates regular reliable and predictable attendance.
18. Performs other duties as required.
Education and Experience Requirements:
Requires a minimum formal education of a bachelors degree in a related area or equivalent gained through a combination of education and work experience
8 to 10 years of progressive related experience in the field. Healthcare experience strongly preferred.
Advanced degree in Human Resources Business Management or other related field preferred.
Requires a minimum formal education of a bachelors degree in a related area or equivalent gained through a combination of education and work experience
8 to 10 years of progressive related experience in the field. Healthcare experience strongly preferred.
Advanced degree in Human Resources Business Management or other related field preferred.
Minimum Knowledge Skills and Abilities Requirements:
Advanced level application of Microsoft Office suite including Excel Access Word and Outlook.
Strong analytical math and problem-solving capabilities.
Familiarity with HRIS systems (Lawson/Infor preferred).
Excellent verbal and written communication/presentation skills.
Advanced level application of Microsoft Office suite including Excel Access Word and Outlook.
Strong analytical math and problem-solving capabilities.
Familiarity with HRIS systems (Lawson/Infor preferred).
Excellent verbal and written communication/presentation skills.
License Registration or Certification Requirements:
Certified Compensation Professional (CCP) certification preferred.
Certification in Human Resources preferred (PHR SHRM-CP)
Certified Compensation Professional (CCP) certification preferred.
Certification in Human Resources preferred (PHR SHRM-CP)
With strong hearts and open minds were pushing past boundaries and challenging the expected all in the name of possibility. We are neighbors caring for neighbors working together as partners in health to improve the lives of the people we serve. If you share our passion for the health of our communities advance your career with Nuvance Health!
Working Conditions:
Manual: Little or no manual skills/motor coord & finger dexterity
Occupational: Little or no potential for occupational risk
Physical Effort: Sedentary/light effort. May exert up to 10 lbs. force
Physical Environment: Generally pleasant working conditions
Company: Nuvance Health
Org Unit: 1788
Department: Total Rewards
Exempt: Yes
Salary Range: $59.84 - $111.12 Hourly
Required Experience:
Director
About Company
Our hospitals, medical practice and care centers are located throughout New York’s Hudson Valley and Western Connecticut. At every location, you’ll find excellent convenient care, a personalized approach, a connected team, and access to our network of doctors. Find care now.
