Strategic Compensation Manager - Healthcare

Greater Baltimore Medical Center (GBMC)

Towson (MD)

On-site

USD 89,000 - 161,000

Full time

5 days ago
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Job summary

GBMC HealthCare in Towson, MD seeks a Compensation Manager to lead compensation programs, market pricing, salary structure administration, and internal equity analyses. You will supervise compensation staff, partner with Total Rewards, Finance, HR, and operations to implement approved programs, and drive data-driven decisions.

This role emphasizes compliance, budgeting, and continuous improvement across compensation processes.

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

  • 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.
  • 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.
  • 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 consideration.
  • Maintains and evaluates pay grades, salary ranges, and related compensation practices. Recommends salary range and incumbent pay adjustments to support market competitiveness, internal equity, and mitigation of pay compression.
  • Develops cost projections for market adjustments, merit increases, salary structure changes, and special pay programs. Partners with Finance and Total Rewards leadership to assess financial impact and implementation scenarios.
  • Develops reports, analyses, and measures of market competitiveness, pay equity, compensation expenditures, and program effectiveness. Presents findings and recommendations to leadership.
  • Ensures compliance with applicable wage and hour laws, pay equity requirements, and organizational policies. Oversees compensation-related job description review, job classification, and documentation standards.

Skills

Advanced Excel
HRIS
Market pricing
Salary structure design
Financial modeling
Pay equity analysis
Analytical skills
Communication
Organizational skills
Staff leadership

Education

Bachelor's degree in Human Resources, Business, Finance, or related field

Job description

GBMC HealthCare in Towson, MD seeks a Compensation Manager to lead compensation programs, market pricing, salary structure administration, and internal equity analyses. You will supervise compensation staff, partner with Total Rewards, Finance, HR, and operations to implement approved programs, and drive data-driven decisions.

This role emphasizes compliance, budgeting, and continuous improvement across compensation processes.

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