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Tufts Medicine · 2 weeks ago

Compensation Senior Consultant Fully Remote

United States

Full-time

Remote

Mid, Senior Level

$101K/yr - $129K/yr

7+ years exp

Tufts Medicine is an innovative, mission-driven health system that delivers exceptional, connected, and accessible care. The Compensation Senior Consultant role provides analytical and consultative services in designing and administering compensation solutions and programs, advising HR partners and management on various compensation issues, and managing health system-wide projects.

Health CareHospitalMedical

Responsibilities

Performs analytical studies in a variety of compensation areas, such as internal and external equity, competitive pay practices, incentive compensation, and emerging trends

Recommends policy and/or program changes

Conducts job evaluations for new or revised positions to determine appropriate salary grade

Evaluates and analyzes market data, determines FLSA status, and maintains appropriate documentation regarding the review

Participates in the development and administration of the annual salary programs, to include analysis of market data, position-to-market, trends for merit budgets, pay differentials, salary increase project plan, communications, and instructions for processing merit raises, etc

Designs, develops, and administers special compensation programs, such as special incentive programs, job evaluation studies, etc

Develops and presents educational/training programs to managers and employees

Reviews (and may approve or recommend approval of) a variety of compensation actions, such as promotions, above guideline job offers, off-cycle pay increases, etc

Compiles and interprets survey results and identifies labor market trends to support the management of compensation programs

Continuously conducts additional research beyond traditional salary survey results to ensure a comprehensive understanding of the compensation data and competitive labor markets

Provides analytical tools that align with talent development, workforce planning and best in class HR analytics

Builds and maintains reports, dashboards, and metrics and monitors the integrity and validity of the data reported

Analyzes trends in compensation and build intelligence through reporting

Works with large amounts of data and build tools to streamline the process

Continually reviews, researches and analyzes compensation processes to identify and recommend changes to improve efficiency, effectiveness and overall quality of information

Develops tools and information presentation methods to deliver information in the appropriate context and format that best supports the organization

Participates in System wide projects and initiatives

Provides advisory services to leadership and HR teams around various pay, job, organization structure, and career pathing issues

Leads assigned major/complex projects in a variety of compensation-related areas

Assists with providing guidance, training, and mentorship to the compensation team members to ensure projects and responsibilities are accomplished on time and within expected standards

Qualification

Compensation plan designCompensation analytics toolsMarket analysisJob evaluationsWorkdayHealthcare compensationCertified Compensation ProfessionalAnalytical skillsRelationship managementMicrosoft ExcelCommunication skillsProject managementMentoring

Required

Bachelor's degree in human resources, business administration, data analytics, finance, or a related field

Seven (7) years of progressive compensation experience

Experience with compensation plan design, benchmarking and survey data, incentive plan design, and administration

Strong consulting, communication and relationship management skills

Strategic and innovative thinker with excellent problem solving and analytical skills

Demonstrated ability to solve complex problems using best practices, knowledge of internal and external business issues to provide a new perspective on existing solutions or create new solutions

Highly detail oriented with emphasis on accuracy, coupled with the ability to see the broader picture

Excellent organizational, project and time management skills with ability to organize and prioritize multiple projects and competing priorities

Must be comfortable and able to work in a fast-paced changing environment and be able to use independent judgment for decisions that may not be straightforward, able to prioritize and manage multiple tasks/projects at once with ambiguity and changing priorities

Ability to handle information in a manner which protects its confidentiality

Must have a high level of analytical skills, including strong use of Microsoft Excel including v-lookup and pivot tables and experience dealing with large volumes of data

Must have and maintain a working knowledge of federal and state labor laws related to compensation and all aspects of human resources

Must have a thorough knowledge of Microsoft Excel and HRIS systems

Ability to teach and mentor peers

Must possess an in-depth knowledge of compensation methodologies and market trends