Strategic Healthcare Compensation Manager

Carle; Champaign (IL); On-site; USD 70,000 - 121,000; Full time

Job summary

Carle Health is seeking a Compensation Manager to develop and manage our compensation programs, policies, and procedures, ensuring alignment with organizational goals and regulatory requirements.

You will lead market analyses, design salary structures and incentive plans, manage budgets, and provide senior leadership with insights to drive financial sustainability and a fair, competitive workforce.

Qualifications

• Bachelor's degrees in Finance, HR, Related Field, or Business Administration are required.
• Experience in HR leadership is required.
• Strong understanding of compensation practices and regulatory requirements is expected.

Responsibilities

• Develop and execute a comprehensive compensation strategy that aligns with organizational goals, industry benchmarks, and regulatory requirements.
• Design, develop, and manage compensation programs, including salary structures, incentive plans, and pay practices.
• Conduct regular market analysis to ensure competitive compensation practices and recommend adjustments based on industry trends.
• Maintain and analyze compensation data, ensuring accuracy and integrity in all reporting and analytics.
• Ensure compliance with all legal and regulatory requirements related to compensation, including federal, state, and local laws.
• Communicate compensation policies and changes to employees effectively, providing education and support as needed.
• Manage compensation budgets and forecast compensation expenses to ensure financial sustainability.
• Prepare and present regular reports on compensation metrics, trends, and insights to senior management.
• Work closely with HR, payroll, and other departments to ensure cohesive and integrated compensation practices.

Skills

Compensation strategy

Market analysis

Education

Bachelor's degree in Finance

Bachelor's degree in Human Resources

Bachelor's degree in Related Field

Bachelor's degree in Business Administration

Job description

Carle Health is seeking a Compensation Manager to develop and manage our compensation programs, policies, and procedures, ensuring alignment with organizational goals and regulatory requirements.

You will lead market analyses, design salary structures and incentive plans, manage budgets, and provide senior leadership with insights to drive financial sustainability and a fair, competitive workforce.