Strategic Compensation Partner

Rush University Medical Center; Chicago (IL); On-site; USD 69,000 - 99,000; Full time

Job summary

Rush University Medical Center in Chicago is seeking a Compensation Partner to serve as a strategic compensation consultant across HR, Legal and Operations. You will lead compensation strategies, manage complex programs, and partner with executives to implement initiatives that drive business results.

The ideal candidate has 8 years of progressive compensation experience, advanced Excel/Word skills, and outstanding communication and analytical abilities.

Qualifications

• Bachelor’s Degree in HR, Business, Accounting, Finance or related field
• 8 years’ relevant progressive experience in compensation
• Advanced working knowledge of Excel and Word
• Excellent communications skills
• Exceptional analytical and problem-solving skills, with accuracy and attention to detail.
• Ability to manage multiple responsibilities while prioritizing and meeting deadlines.
• Advanced working knowledge of Excel and familiarity with HRIS systems.
• Excellent oral and written communication skills.
• Customer-service focused and able to interact effectively and professionally with all levels of employees and executives 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.

Responsibilities

• Builds meaningful relationships with business leaders and key stakeholders and provides expert consultation and advice to them on strategic and operational compensation matters.
• Understands and interprets operational processes and develops, recommends, and facilitates implementation of compensation strategies to support business strategies/plans.
• Keeps abreast of regulations and the regulatory environment and anticipates and operationalizes their implications on compensation programs and practices.
• Facilitates compensation design efforts to support career paths, business development, and new compensation programs. In support of these efforts, partners with internal communications and Business Partners to lead change management efforts and related communication plans.
• Understands the operational and staffing challenges of the business unit along with the impact to compensation; influences leaders to deliver options to meet current and future staffing targets. Challenges the prioritizing of initiatives and works to ensure business objectives are supported through compensation initiatives.
• Analyzes, and reviews annual compensation survey data and participates in the annual review process. Manages, with other members of the team, the annual review process to project manage, develop communications and communication plans, and continually seek to modernize and improve the process.
• May coach, mentor, guide, and provide oversight to less senior Compensation Analysts.
• Counsels HRBPs, TA team members, and business leaders on many aspects of the Rush's compensation philosophy, market pricing, internal equity, job evaluation, salary structures, and other aspects of compensation to ensure the organization’s ability to effectively recruit and retain top-tier talent.
• Develops, analyzes, and makes recommendations for compensation programs in support of specific business units within the Company to ensure they are competitive within the market, position, and industry. May meet with senior level executives to present programs, answer questions, and gain approval of compensation programs. Provides ongoing education for front-line leaders and business unit leadership, helping to build compensation acumen across the organization.
• Leads large-scale special projects and participates on committees, workgroups, and teams on behalf of the department.

Skills

Advanced Excel

Excellent communication

Analytical skills

Confidentiality

Education

Bachelor’s Degree in HR, Business, Accounting, Finance or related field

Tools

PayFactors

MarketPay

Kenexa

HRIS systems

Job description

Rush University Medical Center in Chicago is seeking a Compensation Partner to serve as a strategic compensation consultant across HR, Legal and Operations. You will lead compensation strategies, manage complex programs, and partner with executives to implement initiatives that drive business results.

The ideal candidate has 8 years of progressive compensation experience, advanced Excel/Word skills, and outstanding communication and analytical abilities.