Location: Chicago, Illinois
Business Unit: Rush Medical Center
Hospital: Rush University Medical Center
Department: Total Rewards
Work Type: Full Time (Total FTE between 0.9 and 1.0)
Shift: Shift 1Work Schedule: 8 Hr (9:00:00 AM - 5:00:00 PM)
Pay Range: $38.02 - $55.18 per hour
Rush salaries are determined by many factors including, but not limited to, education, job-related experience and skills, as well as internal equity and industry specific market data. The pay range for each role reflects Rush's anticipated wage or salary reasonably expected to be offered for the position. Offers may vary depending on the circumstances of each case. This role has a corresponding incentive plan based on multiple factors. incentive compensation and additional benefits can be found on our Rush benefits page (https://www.rush.edu/rush-careers/employee-benefits)
Provider Compensation Analyst
The Provider Compensation Analyst serves as the subject matter expert for physician and advanced practice provider (APP) compensation programs. This job partners with operational leaders, finance, provider recruitment, legal, and HR to design, administer, analyze, and maintain provider compensation programs that support organizational objectives while ensuring market competitiveness and regulatory compliance. The Provider Compensation Analyst is responsible for compensation benchmarking, FMV analysis, compensation plan administration & modeling, and working as a liaison between internal and external stakeholders.
Responsibilities
- Conduct market pricing utilizing industry compensation surveys
- Analyze provider compensation trends by specialty
- Develop compensation recommendations for recruitment and retention
- Prepare FMV benchmark reports and executive summaries
- Partner with legal, finance, operational leaders and external consultants on compensation reviews
- Participate in compensation audits and governance reviews.
- Completes and submits relevant salary surveys. Maintains log of survey participation. Assists in preparing budget estimates for survey expenses. Coordinates work with outside consultants regarding special surveys or wage studies.
Other Information
Required Job Qualifications:
- Bachelor's Degree in Business, Finance, Human Resources Management or related discipline OR a Master's degree (or ability to obtain a Master's degree within one year) and two years of progressive experience in compensation or a related field required.
- Three years of progressive experience in Compensation or related field
- Exceptional analytical and problem-solving skills, with accuracy and attention to detail.
- Ability to manage multiple responsibilities while prioritizing and meeting deadlines.
- Ability to work autonomously and make independent decisions.
- Strong computer skills, including familiarity with MS Word, Excel, and HRIS systems.
- Excellent oral and written communication skills.
- Customer-service focused and able to interact effectively and professionally with all levels of employees and managers 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
Preferred Job Qualifications:
- Workday Compensation experience preferred.
