HR Compensation Manager w/ Healthcare experience

Carle; Champaign (IL); On-site; USD 70,000 - 121,000; Full time

Job summary

Carle Health is seeking a Compensation Manager to develop and manage our compensation programs, policies, and procedures, ensuring alignment with organizational goals and regulatory requirements.

You will lead market analyses, design salary structures and incentive plans, manage budgets, and provide senior leadership with insights to drive financial sustainability and a fair, competitive workforce.

Qualifications

• Bachelor's degrees in Finance, HR, Related Field, or Business Administration are required.
• Experience in HR leadership is required.
• Strong understanding of compensation practices and regulatory requirements is expected.

Responsibilities

• Develop and execute a comprehensive compensation strategy that aligns with organizational goals, industry benchmarks, and regulatory requirements.
• Design, develop, and manage compensation programs, including salary structures, incentive plans, and pay practices.
• Conduct regular market analysis to ensure competitive compensation practices and recommend adjustments based on industry trends.
• Maintain and analyze compensation data, ensuring accuracy and integrity in all reporting and analytics.
• Ensure compliance with all legal and regulatory requirements related to compensation, including federal, state, and local laws.
• Communicate compensation policies and changes to employees effectively, providing education and support as needed.
• Manage compensation budgets and forecast compensation expenses to ensure financial sustainability.
• Prepare and present regular reports on compensation metrics, trends, and insights to senior management.
• Work closely with HR, payroll, and other departments to ensure cohesive and integrated compensation practices.

Skills

Compensation strategy

Market analysis

Education

Bachelor's degree in Finance

Bachelor's degree in Human Resources

Bachelor's degree in Related Field

Bachelor's degree in Business Administration

Job description

Overview

The Compensation Manager will be responsible for developing, implementing, and managing our organization's compensation programs, policies, and procedures to ensure alignment with our goals and objectives. This role requires a deep understanding of compensation practices and trends within the health care industry, as well as the ability to analyze data and provide strategic recommendations.

Qualifications

Certifications: , Education: Bachelor's Degree: Finance; Bachelor's Degree: Human Resources; Bachelor's Degree: Related Field; Bachelor's Degree: Business Administration, Work Experience: Human Resources leadership

Responsibilities

• Develop and execute a comprehensive compensation strategy that aligns with organizational goals, industry benchmarks, and regulatory requirements.


• Design, develop, and manage compensation programs, including salary structures, incentive plans, and pay practices.


• Conduct regular market analysis to ensure competitive compensation practices and recommend adjustments based on industry trends.


• Maintain and analyze compensation data, ensuring accuracy and integrity in all reporting and analytics.


• Ensure compliance with all legal and regulatory requirements related to compensation, including federal, state, and local laws.


• Communicate compensation policies and changes to employees effectively, providing education and support as needed.


• Manage compensation budgets and forecast compensation expenses to ensure financial sustainability.


• Prepare and present regular reports on compensation metrics, trends, and insights to senior management.


• Work closely with HR, payroll, and other departments to ensure cohesive and integrated compensation practices.

About Us

Find it here.

Discover the job, the career, the purpose you were meant for. At Carle Health, we're committed to fostering a workplace where every team member feels valued, respected and empowered, where passion and purpose come together to positively impact the lives of our patients and our communities. Find it all at Carle Health.

Our more than 17,000 team members and providers work together to support patient care across central and southeastern Illinois. We’ve grown to include seven, award-winning hospitals across eight hospital campuses and a multispecialty provider group with more than 1,500 doctors and advanced practice providers. We’re developing the next generation of providers and healthcare professionals through Carle Illinois College of Medicine, the world’s first engineering-based medical school, and Methodist College. Carle Foundation Hospital, Carle Physicians Group, Carle Hoopeston Regional Health Center, Carle BroMenn Medical Center including Carle Eureka Hospital and associated Carle Health Medical Group clinics all hold Magnet with Distinction designation, the nation’s highest honor for nursing care granted by the American Nurses Credentialing Center (ANCC).

Carle Health Methodist Hospital, Carle Health Proctor Hospital and Carle Health Pekin Hospital all hold the exclusive Magnet designation.

We offer opportunities in several communities throughout central Illinois with potential for growth and life-long careers at Carle Health.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Carle Health participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization. | For more information: [e-mail].

Compensation and Benefits

The compensation range for this position is $50.86per hour - $87.48per hour. This represents a good faith minimum and maximum range for the role at the time of posting by Carle Health. The actual compensation offered a candidate will be dependent on a variety of factors including, but not limited to, the candidate’s experience, qualifications, location, training, licenses, shifts worked and compensation model. Carle Health offers a comprehensive benefits package for team members and providers. To learn more visit careers.carlehealth.org/benefits.