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HCA Healthcare · 11 hours ago

Compensation Consultant

Nashville, TN

Full-time

Onsite

Senior Level

5+ years exp

HCA Healthcare is part of the nation's leading provider of healthcare services, and they are seeking a Compensation Consultant to provide expert guidance in designing and optimizing compensation strategies. The role involves conducting compensation analysis, collaborating with stakeholders, and ensuring compliance with compensation practices.

BiotechnologyHealth CareHospitalMedicalPrimary and Urgent Care

Responsibilities

Conduct comprehensive analysis of compensation data, including salary surveys, market benchmarks, and internal pay structures, to evaluate competitiveness and identify areas for improvement

Utilize data modeling and analytical techniques to assess the effectiveness of compensation programs and forecast future trends

Create dashboards using appropriate tools to summarize data in a meaningful and impactful way

Collaborate with clients to define compensation objectives and align them with broader business strategies

Design and develop compensation frameworks, policies, and guidelines that support organizational goals and ensure internal equity

Evaluate job roles and responsibilities to determine appropriate job levels, salary ranges, and pay grades

Conduct job pricing exercises using market data and internal factors to establish competitive compensation packages for new hires, promotions, and transfers

Collaborate with HR teams, finance professionals, and senior management to understand business needs and align compensation strategies with organizational objectives

Present findings, recommendations, and insights to various stakeholders, including executives and HR leaders, in a clear and compelling manner

Design and implement incentive and variable pay programs, such as performance-based bonus structures

Develop models to assess the effectiveness of incentive programs, making data-driven recommendations for improvements

Monitor regulatory changes and industry trends related to compensation practices, ensuring compliance with applicable laws and regulations

Provide guidance on governance processes and compliance with internal policies

Qualification

Compensation AnalysisData ModelingExcelPower BISQLCompensation PrinciplesBusiness AcumenProblem-SolvingCommunication SkillsCollaboration

Required

Bachelor's degree Required

5+ years of experience in compensation, analytics, or related experience Required

Strong analytical skills with expertise in data modeling Required

Proficiency in Excel and tools such as Power BI Required

Excellent problem-solving abilities, with capacity to translate complex data into actionable insights and recommendations Required

Exceptional communication and presentation skills, with the ability to convey technical concepts to both technical and non-technical stakeholders Required

Collaborative mindset with the ability to work effectively in cross-functional teams and manage multiple projects Required

Strong business acumen and the ability to understand and align compensation strategies with broader organizational goals Required

Preferred

Master's degree Preferred

3+ years of experience in Healthcare, general industry, and consulting experience Preferred

Cert Compensation Professional Preferred

Proficiency in SQL Preferred

In-depth knowledge of compensation principles, methodologies, and best practice Preferred

Familiarity with job evaluation techniques, salary surveys, and market benchmarking Preferred

Benefits

Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation.

Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.

Free counseling services and resources for emotional, physical and financial wellbeing

401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service)

Employee Stock Purchase Plan with 10% off HCA Healthcare stock

Family support through fertility and family building benefits with Progyny and adoption assistance.

Referral services for child, elder and pet care, home and auto repair, event planning and more

Consumer discounts through Abenity and Consumer Discounts

Retirement readiness, rollover assistance services and preferred banking partnerships

Education assistance (tuition, student loan, certification support, dependent scholarships)

Colleague recognition program

Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence)

Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income.

Company

HCA Healthcare

Glassdoor3.3

HCA Healthcare provides medical education and healthcare services in locally managed facilities. It is a sub-organization of North Florida Endoscopy Center.

Founded in 1968

Nashville, Tennessee, USA

10001+ employees