Strategic Compensation Partner

CommonSpirit Health; Chicago (IL); On-site; USD 120,000 - 170,000; Full time

Job summary

CommonSpirit Health is seeking a Compensation Business Partner to serve as a strategic consultant aligning compensation strategies with the organization's mission and growth across the service area.

You will analyze market data, ensure internal equity, support workforce planning, and guide leaders through policy interpretation while ensuring compliance and successful integration of initiatives such as mergers and acquisitions, driving fairness and organizational performance.

Qualifications

• Bachelor's degree or four years of job or industry-related experience in lieu of the degree.
• Minimum of two years of experience in compensation related fields.
• Knowledge of compensation programs, processes, issues and considerations; expertise in compensation design and concepts, market pricing, implementation and administration and cost controls.
• Knowledge of the decision-making process and associated tools and techniques; ability to analyze situations and reach productive decisions based on informed judgment.
• Understanding of big-picture thinking; ability to apply organizational acumen to identify and maintain focus on key success factors for the organization.
• Knowledge of listening and communication techniques; ability to influence others in various situations.

Responsibilities

• Drive strategic compensation planning, including merit budgeting, forecasting, and market analysis for assigned service areas.
• Partner with leadership to interpret complex compensation policies, ensuring consistent application and alignment with business goals.
• Serve as a key change agent by developing and executing effective communication strategies that support new total rewards initiatives.
• Monitor and manage compensation costs while maintaining internal pay equity and competitiveness within the healthcare market.
• Ensure full compliance with all legal and regulatory requirements, coordinating with Legal and Labor Relations as needed.
• Support organizational growth by providing expert compensation integration services for mergers, acquisitions, and divestitures.

Skills

Compensation design

Market pricing

Cost controls

Data analysis

Stakeholder influence

Education

Bachelor's degree or four years related experience

Job description

CommonSpirit Health is seeking a Compensation Business Partner to serve as a strategic consultant aligning compensation strategies with the organization's mission and growth across the service area.

You will analyze market data, ensure internal equity, support workforce planning, and guide leaders through policy interpretation while ensuring compliance and successful integration of initiatives such as mergers and acquisitions, driving fairness and organizational performance.