Director, Executive Compensation

Bon Secours

United States

On-site

USD 156,000 - 227,000

Full time

36 hours ago
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Benefits offered by this job

Competitive pay
Medical, dental, vision coverage
Paid time off
Tuition assistance
Professional development

Job summary

Bon Secours is seeking a Director of Executive Compensation to design and lead Total Rewards programs for ministry executives, aligning with mission, values, and objectives. You will communicate with senior leaders, Legal, Finance and outside consultants to develop recommendations for the HR Committee of the Board.

The role requires guiding pay decisions through detailed analyses and market benchmarks, partnering with Talent Acquisition for executive offers, and ensuring compliance and accurate

Qualifications

  • 7+ years of progressive compensation experience; 2+ years specific executive compensation experience in a healthcare setting desired.
  • Requires critical thinking skills, decisive judgment and the ability to work with minimal supervision.
  • Experience leading and mentoring others.
  • Private Equity or Venture Capital experience preferred.

Responsibilities

  • Develop compensation programs, policies and plans for ministry executives.
  • Counsel senior leaders on pay decisions, compensation practices, and policy and guidelines interpretation.
  • Partner with Executive Talent Acquisition with total compensation offers and onboarding of incoming executives.
  • Partner with the Human Resources Compensation Committee independent consultant regarding executive compensation plans and programs requiring Committee review and approval.
  • Ensure accurate reporting, budgeting and compliance with all applicable laws and regulations regarding compensation and related issues.
  • Lead cross-functional workgroup driving solutions that impact associate pay including mergers and acquisitions, system-wide cost-saving initiatives, audit findings, compensation program system development, integration and implementation.
  • Perform compensation-related merger/acquisition/divestiture work as necessary.
  • Provide related compensation support for the organization as needed: ad-hoc reports and analyses, special projects, etc.
  • Maintain awareness of latest trends and regulations regarding executive compensation.

Skills

Executive compensation
Financial analysis
Leadership
Stakeholder management
Healthcare industry knowledge

Education

Bachelor's Degree in Human Resources, Management, or Accounting
Master's Degree (MBA or MHR)
CPP, PHR, SPHR

Job description

The Director of Executive Compensation is responsible for design, execution and leadership for executive compensation Total Rewards programs aligned with the mission, core values, business objectives and culture of the BSMH ministry. Effectively communicates and leads consultation with key executives, Legal, Finance and outside consulting firms as necessary to complete job responsibilities. Prepares recommendations and presentations for delivery to the HR Committee of the Board. Prepares data and information and supports compilation and review of required filings.

Responsibilities
  • Develop compensation programs, policies and plans for ministry executives. Including but not limited to Short and Long- term incentive plans, supplemental executive retirement plans (SERP), retention, etc.
  • Counsel senior leaders on pay decisions, compensation practices, and policy and guidelines interpretation. Guide the decision-making process and final outcome by providing detailed analysis/models, innovative recommendations, and expert advice to management and HR executives.
  • Partner with Executive Talent Acquisition with total compensation offers and onboarding of incoming executives. Meet with executive candidates and/or new hires regarding details of compensation packages, and provide one-on-one support to exiting Executives, if necessary.
  • Partner with the Human Resources Compensation Committee independent consultant regarding executive compensation plans and programs requiring Committee review and approval. Provide materials and support for presentation to the Committee.
  • In collaboration with Legal, Accounting, Tax, Internal Audit and third-party administrators, ensure accurate reporting, budgeting and compliance with all applicable laws and regulations regarding compensation and related issues
  • Lead cross-functional workgroup driving solutions that impact associate pay including mergers and acquisitions, system-wide cost-saving initiatives, audit findings, compensation program system development, integration and implementation.
  • Perform compensation-related merger/acquisition/divestiture work as necessary – due diligence, retention, integration, etc.
  • Provide related compensation support for the organization as needed: ad-hoc reports and analyses, special projects, etc.
  • Maintain awareness of latest trends and regulations regarding executive compensation.
Qualifications
  • Required Education: Bachelor's Degree in Human Resources, Management, or Accounting
  • Preferred Education: Master's Degree (MBA or MHR)
  • Preferred Certifications: CPP, PHR, SPHR
  • Minimum Years of Experience: 7+ years of progressive compensation experience; 2+ years specific executive compensation experience in a healthcare setting desired.
  • Requires critical thinking skills, decisive judgment and the ability to work with minimal supervision.
  • Must be able to work in a stressful environment and take appropriate action.
  • Experience leading and mentoring others.
  • Private Equity or Venture Capital experience preferred.

Range: $156,000 - $227,000

With a legacy that spans over 150 years, Bon Secours is a network that is dedicated to providing excellent care through exceptional people. At every level, everyone on our teams have embraced the call to provide compassionate care. Here, you can work with others who share common values, and use your skills to help extend care to all of our communities.

As a Bon Secours associate, you're part of a Mission that matters. We support your well-being—personally and professionally. Our benefits are built to grow with you and meet your unique needs, every step of the way.

What We Offer
  • Competitive pay, incentives, referral bonuses and 403(b) with employer contributions (when eligible)
  • Medical, dental, vision, prescription coverage, HSA/FSA options, life insurance, mental health resources and discounts
  • Paid time off, parental and FMLA leave, short- and long-term disability, backup care for children and elders
  • Tuition assistance, professional development and continuing education support

All applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, age, genetic information, or protected veteran status, and will not be discriminated against on the basis of disability. If you'd like to view a copy of the affirmative action plan or policy statement for Bon secours – Youngstown, Ohio or Bon Secours – Franklin, Virginia; Petersburg, Virginia; and Emporia, Virginia, which are Aff... please email recruitment@mercy.com. If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact The Talent Acquisition Team at recruitment@mercy.com

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