Senior Compensation Strategist

Greater Baltimore Medical Center, Inc.

United States

On-site

USD 120,000 - 180,000

Full time

3 days ago
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Job summary

The Compensation Manager at Greater Baltimore Medical Center, Inc. oversees GBMC HealthCare's compensation programs, providing leadership for market pricing, salary structure design, and governance.

You will analyze data, model financial implications, ensure internal equity, and align with organizational priorities. You will supervise compensation staff, collaborate with Finance, HR, and operational leaders, and drive continuous improvement of compensation processes to support informed,

Qualifications

  • Bachelor's degree in Human Resources, Business, Finance, or related field, or equivalent combination of education and directly relevant experience.
  • Minimum five years of progressively responsible compensation experience. Healthcare compensation experience strongly preferred.
  • Certified Compensation Professional (CCP) preferred.

Responsibilities

  • Compensation Program Management: Directs day-to-day management and administration of compensation programs, including base pay, salary structures, job evaluations, market adjustments, merit programs, and special pay practices.
  • Market Analysis and Position Reviews: Leads ongoing market pricing and the Organizational Compensation Review, including competitive market data, salary ranges, incumbent positioning, internal equity, pay compression, and recruitment and retention considerations.
  • Compensation Governance: Manages implementation of the approved compensation governance framework, including quarterly market reviews, position prioritization, data validation, financial modeling, and preparation of recommendations for Compensation Committee.
  • Salary Structure Administration: Maintains and evaluates pay grades, salary ranges, and related compensation practices; recommends adjustments to support market competitiveness and internal equity.
  • Financial Analysis and Budget Support: Develops cost projections for market adjustments, merit increases, salary structure changes, and special pay programs; partners with Finance to assess impact.
  • Compensation Analytics and Reporting: Develops reports and measures of market competitiveness, pay equity, and program effectiveness; presents findings to leadership.
  • Regulatory Compliance and Policy Administration: Ensures compliance with wage and hour laws, pay equity requirements, and policy standards; oversees job descriptions and classifications.
  • Stakeholder Collaboration: Partners with HRBPs, HRIS, Finance, and operations to validate data and implement decisions.
  • Compensation Team Leadership: Supervises compensation staff, including the Compensation Analyst; sets priorities and ensures accuracy and accountability.
  • Continuous Improvement: Improves processes, reporting, data integrity, and systems utilization; leads special projects as assigned.

Skills

Advanced Excel
HRIS
Market pricing
Salary structure design
Financial modeling
Pay equity/compression analysis
Analytical thinking
Communication
Leadership

Education

Bachelor's degree in HR/Business/Finance or related field

Job description

The Compensation Manager at Greater Baltimore Medical Center, Inc. oversees GBMC HealthCare's compensation programs, providing leadership for market pricing, salary structure design, and governance.

You will analyze data, model financial implications, ensure internal equity, and align with organizational priorities. You will supervise compensation staff, collaborate with Finance, HR, and operational leaders, and drive continuous improvement of compensation processes to support informed,

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