Director of Compensation
The Director Compensation directs the planning, design, implementation, and on-going administration of the compensation program for the organization. This includes ensuring competitive market pay for all levels of the organization, including executive compensation. Ensures a pro-active approach to providing market driven compensation programs related to both base pay and total cash compensation.
Responsibilities:- Oversees the review and effectiveness of compensation practices, programs, policies, and guidelines. This includes staff, leader, provider and executive compensation.
- Benchmarks organizational compensation programs to the local, regional and/or national markets to develop appropriate recommendations.
- Collaborates with HR leaders and organization leaders to design compensation programs that address organizational needs.
- Researches and analyzes trends affecting total compensation for staff, leader, Provider and executives.
- Evaluates results of compensation programs and services to ensure outcomes support organizational goals.
- Ensure compliance with all compensation regulations.
- Supervises employees, provides direction, coaches, trains and develops, and manages performance to company goals and expectations.
- Prepares, manages, adheres, and understands variances to department budget to maintain expenditure controls.
- Other duties as required.
Technical Expertise
- Experience in developing and administering compensation programs is required.
- Experience in applicable Local, State and Federal employment laws is required.
- Experience working with all levels within an organization is required.
- Experience in HR core functions outside of compensation is preferred.
- Experience in healthcare is preferred.
- Proficiency in MS Office [Outlook, Excel, Word] or similar software is required.
Education and Experience
- Education: Bachelor's Degree in Business Administration, Human Resources, or related field is required. Master's degree in Business Administration, Human Resources, or related field is preferred.
- Certification: HR Certification [PHR, SHRM-CP, CEBS, CCP, etc.] is preferred.
- Years of relevant experience: 5 years required
- Years of experience supervising: 3 years required
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