Director of HR - Compensation - Human Resources jobs in United States
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McLeod Health · 1 month ago

Director of HR - Compensation - Human Resources

McLeod Health is seeking a Director of HR - Compensation to lead the implementation and enhancement of a comprehensive compensation strategy in alignment with healthcare industry standards. The role involves overseeing compensation programs, conducting salary benchmarking, and providing expert guidance on compensation policies to ensure compliance and competitiveness.

CommunitiesHealth CareHospitalMedical

Responsibilities

Lead the implementation and enhancement of a comprehensive compensation strategy, aligned with healthcare industry standards and organizational goals
Oversee the planning, development, and administration of compensation programs, including base pay, incentives, bonuses, merit increases, and salary reviews
Refine pay scales, job classifications, and salary ranges to ensure market competitiveness and internal equity
Implement and maintain job evaluation, job hierarchy, and job description processes, ensuring alignment with compensation standards
Conduct salary benchmarking and analyze compensation trends to ensure equitable and competitive pay practices
Provide expert guidance to HR and leadership on compensation policies, internal equity, market adjustments, regulatory compliance, new hire offers, and incentive plans
Serve as a subject matter expert in compensation, partnering with HR and leadership to solve compensation challenges and ensure effective communication
Prepare detailed compensation reports for senior management to inform strategic and budgetary decisions
Stay updated on compensation laws and trends to ensure compliance with federal, state, and local regulations, including FLSA, Equal Pay Act, and HIPAA and other healthcare specific regulations
Develop and implement standard operating procedures for compensation processes to ensure efficiency and compliance
Oversee executive compensation and retention strategies, including data analysis for the Governance Committee
Lead communication and education efforts to promote transparency regarding compensation policies and practices across the organization
Utilize data and analytics tools to measure compensation trends and assess the effectiveness of compensation programs
Establish and maintain HR dashboard metrics for key compensation benchmarks
Lead, mentor, and develop a team of compensation analysts, fostering a high-performance culture and professional growth
Serve as a key participant in M&A activities, managing the integration of compensation requirements
Lead compensation-related HR projects and support the design and execution of relevant policies and programs

Qualification

Compensation managementHealthcare compensation knowledgeAnalytical skillsCompensation software expertiseCommunication skillsMaster's degreeCCP certificationLeadership experienceNegotiation skillsInterpersonal skills

Required

Proven people leadership experience and capability in building and leading high-performing teams required
Excellent communication, negotiation, and interpersonal skills to effectively engage with employees

Preferred

Minimum of 8 years of experience in compensation management, with at least 5 years in a leadership role within a healthcare or large, complex organization strongly preferred
In-depth knowledge of healthcare compensation structures, including regulatory requirements and industry standards strongly preferred
Experience working on executive compensation programs and work with the Compensation Committee and executive leadership preferred
Strong knowledge of compensation trends, salary structures, and performance-based pay within the healthcare sector preferred
Expertise in compensation software and Oracle HCM systems preferred
Master's degree or professional certification (e.g., CCP – Certified Compensation Professional) preferred

Company

McLeod Health

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McLeod Health is a hospital network serving.

Funding

Current Stage
Late Stage

Leadership Team

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Bren Lowe
Chief Executive Officer
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Donna Isgett
Chief Operating Officer
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Company data provided by crunchbase