Provider Compensation Analyst

Rush University Medical Center; Chicago (IL); On-site; USD 52,000 - 76,000; Full time

Job summary

Rush University Medical Center in Chicago, IL, seeks a Provider Compensation Analyst to lead physician and APP compensation programs. You will partner with finance, legal, HR and external consultants to design, administer, analyze, and maintain compensation plans while ensuring market competitiveness and regulatory compliance.

Responsibilities include benchmarking, FMV analysis, and developing recommendations for recruitment and retention.

Qualifications

• Bachelor's degree in business/finance/HR or related field and 2 years of compensation experience.
• Three years of progressive experience in Compensation or related field.
• Strong analytical and problem-solving skills with attention to detail.
• Ability to manage multiple responsibilities, prioritize and meet deadlines.
• Independent decision-making ability and autonomy.
• Strong computer skills including MS Word, Excel and HRIS systems.
• Excellent oral and written communication and professional interaction.

Responsibilities

• Conduits market pricing using industry compensation surveys.
• Analyze provider compensation trends by specialty.
• Develop compensation recommendations for recruitment and retention.
• Prepare FMV benchmark reports and executive summaries.
• Partner with legal, finance, operational leaders and external consultants on reviews.
• Participate in compensation audits and governance reviews.
• Completes salary surveys, maintains survey participation logs, and coordinates with outside consultants on special surveys.

Skills

Analytical skills

Attention to detail

Project management

MS Word

Excel

HRIS systems

Communication skills

Customer-service focus

Confidentiality

Education

Bachelor's Degree in Business, Finance, Human Resources Management or related discipline

Master's degree in related field

Tools

Workday Compensation

Job description

Job Description

Location: Chicago, Illinois

Business Unit: Rush Medical Center

Hospital: Rush University Medical Center

Department: Total Rewards

Work Type: Full Time (Total FTE between 0.9 and 1.0)

Shift: Shift 1

Work Schedule: 8 Hr (9:00:00 AM - 5:00:00 PM)

Rush offers exceptional rewards and benefits learn more at our Rush benefits page (https://www.rush.edu/rush-careers/employee-benefits).

Pay Range: $38.02 - $55.18 per hour

Rush salaries are determined by many factors including, but not limited to, education, job-related experience and skills, as well as internal equity and industry specific market data. The pay range for each role reflects Rush’s anticipated wage or salary reasonably expected to be offered for the position. Offers may vary depending on the circumstances of each case. This role has a corresponding incentive plan based on multiple factors. incentive compensation and additional benefits can be found on our Rush benefits page (https://www.rush.edu/rush-careers/employee-benefits)

Rush is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Provider Compensation Analyst

The Provider Compensation Analyst serves as the subject matter expert for physician and advanced practice provider (APP) compensation programs. job partners with operational leaders, finance, provider recruitment, legal, and HR to design, administer, analyze, and maintain provider compensation programs that support organizational objectives while ensuring market competitiveness and regulatory compliance. T he Provider Compensation Analyst is responsible for compensation benchmarking, FMV analysis, compensation plan administration & modeling, and working as a liaison between internal and external stakeholders.

Responsibilities

• Conduct market pricing utilizing industry compensation surveys
• Analyze provider compensation trends by specialty
• Develop compensation recommendations for recruitment and retention
• Prepare FMV benchmark reports and executive summaries
• Partner with legal, finance, operational leaders and external consultants on compensation reviews
• Participate in compensation audits and governance reviews.
• Completes and submits relevant salary surveys. Maintains log of survey participation. Assists in preparing budget estimates for survey expenses. Coordinates work with outside consultants regarding special surveys or wage studies.

Other Information

Required Job Qualifications:

• Bachelor's Degree in Business, Finance, Human Resources Management or related discipline OR a Master's degree (or ability to obtain a Master's degree within one year) and two years of progressive experience in compensation or a related field required.
• Three years of progressive experience in Compensation or related field
• Exceptional analytical and problem-solving skills, with accuracy and attention to detail.
• Ability to manage multiple responsibilities while prioritizing and meeting deadlines.
• Ability to work autonomously and make independent decisions.
• Strong computer skills, including familiarity with MS Word, Excel, and HRIS systems.
• Excellent oral and written communication skills.
• Customer-service focused and able to interact effectively and professionally with all levels of employees and managers in a team-based environment.
• High level of agility and sense of urgency in dealing with clients and executives.
• Ability to maintain strict confidentiality of information

Preferred Job Qualifications:

• Workday Compensation experience preferred.

Position Provider Compensation Analyst

Location US:IL:Chicago

Req ID 31140