Director Compensation

Baylor Scott & White Health; Dallas (TX); On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Immediate eligibility for health and welfare benefits

401(k) savings plan with dollar-for-dollar match up to 5%

Tuition Reimbursement

PTO accrual beginning Day 1

Job summary

Baylor Scott & White Health is seeking a Director of Compensation to oversee and develop compensation programs. This role involves advising senior leadership and ensuring compliance with compensation laws and regulations.

The ideal candidate will have over 5 years of experience in compensation and excellent interpersonal skills. The position is critical in guiding decision-making processes regarding pay structures and compensation strategies.

Join a dedicated team committed to optimizing employee pay and driving strategic initiatives across the organization.

Qualifications

• 5+ years of experience in compensation, total rewards, or related HR role.
• 1+ years of experience in a leadership role.
• Experience leading compensation programs for a large organization.

Responsibilities

• Directs the broad-based compensation function for BSWH.
• Plans and develops compensation programs for management and staff.
• Advises senior leadership on pay recommendations and practices.

Skills

Leadership

Project Management

Compensation Practices

Interpersonal Skills

Market Analysis

Education

Bachelor’s degree in HR, business, or related field

Master’s degree preferred

Job description

Benefits

Our benefits are designed to help you live well no matter where you are on your journey. For full details on coverage and eligibility, visit the Baylor Scott & White Benefits Hub to explore our offerings, which may include:

• Immediate eligibility for health and welfare benefits
• 401(k) savings plan with dollar-for-dollar match up to 5%
• Tuition Reimbursement
• PTO accrual beginning Day 1

Note: Benefits may vary based upon position type and/or level.

Job Summary

Director Compensation plans, develops, and administers compensation programs for Baylor Scott and White Health (BSWH). Expertise areas include base pay, incentive pay, executive pay, supplemental pay, and pay practices. Participates in compensation surveys and ensures competitive pay practices across the BSWH system. Evaluates pay programs, trends, and tools, recommending changes and improvements. Advises managers on compensation-related issues. Works with external vendors to develop, administer, and design new or modify existing pay programs. Keeps updated on compensation trends and ensures BSWH complies with all compensation laws and regulations.

A system Director translates and implements strategic plans and goals for their area. Makes final judgments on operational matters and ensures goals are met. Recommends policies and organizational changes for the area. Plans and executes projects and initiatives that meet annual goals. Erroneous judgments at this level can negatively impact the area's success, business unit, and possibly the overall organization. Plans and directs department operations, responsible for staffing, processes, budgets, and costs. Guides and advises subordinates to meet schedules, resolve technical problems, and monitor performance. Oversees a larger, more complex organization or functional area than a manager. Often has one or more managers or supervisors reporting to them.

Essential Functions of the Role

• Directs the broad-based compensation function for BSWH.
• Plans and develops compensation programs, including base and short-term incentive plans, for management and staff levels of the organization.
• Advises senior leadership on pay recommendations, compensation practices, and policy and guidelines interpretation.
• Guides decision-making by providing detailed examination, pay models, recommendations, and advice to senior leadership and HR partners.
• Educates and coaches management on compensation philosophy, salary structures, and market analysis. Guides merit activities, bonus processes, and key employee messaging on compensation topics.
• Directs annual implementation and administration of compensation programs. This includes merit activities, market analysis, special adjustments, and short-term variable compensation.
• Manages cross-functional workgroups. Drives solutions impacting employee pay. This includes mergers and acquisitions integration, cost-saving initiatives, audit findings, and compensation system development and implementation.
• Partners with the compensation and governance committee and independent consultant regarding compensation plans and programs requiring committee review and approval.
• Collaborates with legal, accounting, tax, internal audit, and third-party administrators. Ensures accurate reporting, budgeting, and compliance with all applicable laws and regulations regarding compensation and related issues.
• Manages the compensation team to ensure development of staff and the delivery of high-quality solutions across the System.

Key Success Factors

• Bachelor’s degree in HR, business, or related field preferred. Master’s degree preferred.
• 5+ years of experience in compensation, total rewards, or related HR role.
• 1+ years of experience in a leadership role.
• Experience leading compensation programs for a large, complex organization.
• Ability to engage and influence executive and senior leadership.
• Experience negotiating and directing third-party consultants and vendors.
• Exceptional interpersonal, verbal, written, and presentation skills.
• Results-driven and deeply collaborative, with exceptional project management skills.

Qualifications

• EDUCATION - Bachelor's or 4 years of work experience above the minimum qualification
• EXPERIENCE - 5 Years of Experience