Senior Compensation Consultant

Fairview Health Services; Saint Paul (MN); On-site; USD 109,000 - 155,000; Full time

Benefits offered by this job

Medical, dental, vision plans

Retirement plan

Paid time off

Job summary

Fairview Health Services is seeking a Senior Compensation Consultant to design, maintain, and administer compensation programs that attract and retain talent. You will partner with HR Business Partners and leadership to ensure total rewards align with business and talent strategies and to administer incentive plans.

Requirements include 8 years of direct compensation experience, strong analytical and communication skills, and familiarity with salary surveys, market reviews, and multi-union

Qualifications

• 8 years direct compensation experience
• Experience with salary surveys and market reviews
• Experience in multi-union environments
• Ability to implement new programs and manage projects
• Excellent written and verbal communication skills

Responsibilities

• Provides strategic consultation on compensation-related matters to HR and leaders
• Conducts job evaluations using market data, internal equity, and compliance
• Oversees pay grade structures and annual market movement recommendations
• Designs, administers, communicates, and assesses incentive plans
• Analyzes compensation program effectiveness and recommends improvements

Skills

Analytical skills

Communication skills

Project management

HR partnership

Technical skills

Education

BA in Business/HR/Finance or combination

Master's degree (preferred)

Tools

Excel

Word

PowerPoint

Job description

Job Overview

The Senior Compensation Consultant is responsible for designing, maintaining, and administering compensation programs aimed at attracting and retaining world-class talent in a competitive environment. This individual will partner with HR Business Partners and leadership to provide consultative services on all compensation topics and ensure that compensation and total rewards programs are aligned with the business and talent strategies. This role is also responsible for incentive plan administration.

Responsibilities

• Provides strategic consultation to HR Business Partners and leaders on compensation-related matters
• Conducts job evaluations to ensure jobs are graded appropriately, considering external market analysis, internal equity, and regulatory compliance
• Oversees system-wide pay grade structures, including development of annual market movement recommendations
• Collaborates with leaders and finance to design, administer, calculate, and communicate incentive plans.
• Analyzes compensation program effectiveness and make recommendations for continuous improvements

Required Qualifications

• Bachelor of Arts Business Administration, Human Resources, or Finance or Combination Education & Experience
• 8 years Direct Compensation experience, including familiarity with and use of salary surveys, market reviews, incentive plan administration, etc.
• Broad knowledge of several areas of Human Resources
• Experience working in a multi-union environment
• Ability to implement new programs and manage projects
• Strong analytical and technical skills
• Proven ability to partner with others outside of area including business partners in human resources and others such as leaders, finance, and IT
• Excellent written and verbal communication skills
• Previous experience working with excel, word, power point

Preferred Qualifications

• Master of Arts Business Administration, Human Resources, or Finance
• Experience with sales compensation
• Certified Compensation Professional
• Healthcare industry experience (pharmacy/pbm)

Benefit Overview

Fairview offers a generous benefit package including but not limited to medical, dental, vision plans, life insurance, short-term and long-term disability insurance, PTO and Sick and Safe Time, tuition reimbursement, retirement, early access to earned wages, and more! Please follow this link for additional information: https://www.fairview.org/careers/benefits/noncontract

Compensation Disclaimer

The posted pay range is for a 40-hour workweek (1.0 FTE). The actual rate of pay offered within this range may depend on several factors, such as FTE, skills, knowledge, relevant education, experience, and market conditions. Additionally, our organization values pay equity and considers the internal equity of our team when making any offer. Hiring at the maximum of the range is not typical. If your role is eligible for a sign-on bonus, the bonus program that is approved and in place at the time of offer, is what will be honored.

EEO Statement

EEO/Vet/Disabled: All qualified applicants will receive consideration without regard to any lawfully protected status

$109,449.60- $154,523.20 Annual