R1 RCM · 1 day ago

Compensation Director

United States

Full-time

Remote

Director/Executive

$106K/yr - $158K/yr

10+ years exp

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Health CareHospital

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Responsibilities

Leads/participates in the design, implementation/communication, and administration of compensation programs, primarily including salary and bonus, as well as a broad array of incentives and retention programs.

Provides advice to business leaders and the HRBP team on pay decisions based on market data and business conditions

Work closely with senior leadership, HR partners, and other stakeholders to develop and execute compensation strategies that attract, retain, and motivate top talent.

Monitors the effectiveness of existing compensation policies, guidelines, and procedures, proactively recommending plan revisions as well as new plans that are consistent with market practices/trends and corporate objectives

Drives completion of compensation cycles as well as ad hoc processes throughout the year: merit increase, year-end bonus payout, promotion, spot/retention bonus, etc.

Leads/participates in compensation projects such as system enhancements and pay equity studies

Collaborates with the global compensation team on global projects and best-practice-sharing

Liaises with Finance concerning the operation and financial impact of the compensation programs, such as budgeting, bonus modeling, and ongoing reconciliation and forecast

Stays current on new Federal and state legislation in order to ensure compliance with the compensation programs

Manages multiple, parallel projects with minimal direction, exercising independent judgment and initiative with autonomy

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Compensation experienceExecutive compensationProject managementExcel skillsCompensation practicesJob architecture governanceLabor laws knowledgeBusiness acumenStrategic thinking

Required

10+ years of Compensation experience, with some experience in both public and private organizations, additional experience with executive compensation a plus

Knowledge of local, state, and federal labor laws and regulations related to compensation, such as FLSA, EEOC, ADA, etc.

Strong Excel skills (Pivot tables, VLOOKUP, XLOOKUP, working with large volumes of data, etc.)

Expertise in executive compensation, job architecture governance, acquisition integration, and market trends

Good understanding of compensation practices, laws, regulations, taxation rules that impact employment and compensation matters as well as a deep understanding of market trends to ensure the company remains competitive and compliant.

Superior analytical skills, able to work with large amounts of data with ease

Excellent project management skills

Excellent oral and written communication skills

Leadership and presentation skills

Strong interpersonal and networking skills

Business acumen and strategic thinking