Compensation Business Partner

CommonSpirit Health; Chicago (IL); Presencial; USD 120.000 - 170.000; Jornada completa

Descripción de la vacante

CommonSpirit Health is seeking a Compensation Business Partner to serve as a strategic consultant aligning compensation strategies with the organization's mission and growth across the service area.

You will analyze market data, ensure internal equity, support workforce planning, and guide leaders through policy interpretation while ensuring compliance and successful integration of initiatives such as mergers and acquisitions, driving fairness and organizational performance.

Formación

• Bachelor's degree or four years of job or industry-related experience in lieu of the degree.
• Minimum of two years of experience in compensation related fields.
• Knowledge of compensation programs, processes, issues and considerations; expertise in compensation design and concepts, market pricing, implementation and administration and cost controls.
• Knowledge of the decision-making process and associated tools and techniques; ability to analyze situations and reach productive decisions based on informed judgment.
• Understanding of big-picture thinking; ability to apply organizational acumen to identify and maintain focus on key success factors for the organization.
• Knowledge of listening and communication techniques; ability to influence others in various situations.

Responsabilidades

• Drive strategic compensation planning, including merit budgeting, forecasting, and market analysis for assigned service areas.
• Partner with leadership to interpret complex compensation policies, ensuring consistent application and alignment with business goals.
• Serve as a key change agent by developing and executing effective communication strategies that support new total rewards initiatives.
• Monitor and manage compensation costs while maintaining internal pay equity and competitiveness within the healthcare market.
• Ensure full compliance with all legal and regulatory requirements, coordinating with Legal and Labor Relations as needed.
• Support organizational growth by providing expert compensation integration services for mergers, acquisitions, and divestitures.

Conocimientos

Compensation design

Market pricing

Cost controls

Data analysis

Stakeholder influence

Educación

Bachelor's degree or four years related experience

Descripción del empleo

Job Summary and Responsibilities

As our Compensation Business Partner, you will serve as a strategic consultant and evidence-based liaison, bridging the gap between the Total Rewards Center of Excellence and operational leadership. You will act as a dedicated change agent, ensuring that compensation strategies, policies, and pay practices are seamlessly aligned with CommonSpirit Health’s broader mission, business objectives, and organizational growth initiatives across your assigned service area.

Every day you will manage the intersection of data-driven analytics and human capital strategy. Your daily responsibilities involve monitoring the effectiveness of compensation programs, conducting market analysis to ensure internal equity and external competitiveness, and providing actionable insights to management. You will work closely with HR partners and leadership to navigate complex compensation challenges, provide expert guidance on workforce planning, and ensure that our pay structures support long-term sustainability and operational excellence.

To be successful in this role, you will possess a high degree of business acumen and the ability to influence cross-functional teams to drive organizational performance. You will be a skilled communicator capable of 'telling the story' behind our compensation initiatives, ensuring that leaders and team members understand the value of our programs. By fostering strong partnerships, maintaining rigorous regulatory compliance, and proactively managing integration projects such as Mergers & Acquisitions, you will directly contribute to a culture of fairness, belonging, and purpose-driven work.

• Drive strategic compensation planning, including merit budgeting, forecasting, and market analysis for assigned service areas.
• Partner with leadership to interpret complex compensation policies, ensuring consistent application and alignment with business goals.
• Serve as a key change agent by developing and executing effective communication strategies that support new total rewards initiatives.
• Monitor and manage compensation costs while maintaining internal pay equity and competitiveness within the healthcare market.
• Ensure full compliance with all legal and regulatory requirements, coordinating with Legal and Labor Relations as needed.
• Support organizational growth by providing expert compensation integration services for mergers, acquisitions, and divestitures.

Job Requirements

Required

• Bachelor's degree or four (4) years of job or industry-related experience in lieu of the degree. Minimum of two (2) years of experience in compensation related fields.
• Knowledge of compensation programs and associated processes, issues and considerations;expertise in compensation design and concepts, market pricing, implementation and administration and cost controls.
• Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
• Understanding 'big picture' thinking. Ability to apply organizational acumen to identify and maintain focus on key success factors for the organization.
• Knowledge of the concepts, tools and techniques for effective listening and communicating; ability to apply these theories to receive, transmit and accurately interpret information and ideas to influence others in various situations.

Preferred

Certified Compensation or HR Professional.

Where You'll Work

Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.