Sr Compensation Consultant

Northwell Health

$80K — $95K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a related field or equivalent experience
  • 2-4 years of experience in compensation in the healthcare sector
  • Proficient in Microsoft Office, especially Excel, Access, Word, and Outlook
  • Familiarity with HRIS systems, preferably Lawson/Infor
  • Strong analytical, mathematical, and problem-solving skills
  • Solid verbal and written communication skills
  • Courses toward Certified Compensation Professional (CCP) certification preferred

Responsibilities

  • Assist in implementing and administrating executive compensation programs
  • Participate in compensation surveys to gather competitive data
  • Support job description development and job evaluation processes
  • Ensure internal equity and external competitiveness through data collection
  • Conduct ad hoc market assessments with cost-effective recommendations
  • Participate in Total Rewards initiatives impacting compensation
  • Maintain compliance with compensation laws and conduct FLSA exemption tests

Benefits

  • Professional development opportunities
  • Supportive working conditions in a healthcare environment
  • Engagement in impactful projects with a focus on recruitment and retention
  • Potential for career advancement within a growing healthcare system
  • Flexible travel opportunities within the NY/CT/LI region
Full Job Description
Description

MUST BE ABLE TO TRAVEL TO NY/CT/LI REGION AT LEAST 1-2 TIMES PER MONTH.

Summary:

Assist in the implementation and delivery of executive compensation programs and procedures for the healthcare system. Support Nuvance Health's achievement of desired competitive position to market and supporting system goals and initiatives. Contribute to compensation programs to enhance Nuvance's ability to recruit, motivate and retain talented employees.

Responsibilities:

I. Core Functions
a. Assist in the implementation and administration of executive compensation programs and systems including merit, market and equity analyses across the healthcare system.
b. Participate in compensation surveys.
c. Participate in job description development and job evaluation processes.
d. Support the compensation team's efforts to ensure internal equity, consistent application of policy, and external competitiveness through special projects and data collection.

II. Financial/Budget
a. Conduct ad hoc market assessments and provide cost effective recommendations.

III. Project Management
a. Participate in Total Rewards team initiatives impacting associate compensation as needed.
b. Recommend streamlining and continuous improvement opportunities.

IV. Compliance/Governance
a. Ensure accurate reporting and compliance with all applicable laws and regulations regarding compensation.
b. Assist with Fair Labor Standards Act (FLSA) exemption tests to ensure appropriate status.
c. Keep abreast of legislative changes and anticipate impact on hospital system. Provide recommendations to mitigate risk.

Other Information:

Functional/Technical Skills Requirements : Mid- level application of Microsoft Office suite including Excel, Access, Word and Outlook. Emerging analytical, math and problem solving capabilities. Familiarity with HRIS systems (Lawson/Infor preferred). Solid verbal and written communication/presentation skills.

Education and Experience Requirements: Requires a minimum formal education of a bachelor's degree in a related area or equivalent gained through a combination of education and work experience; and 2 to 4 years of progressive, related experience in the field. Healthcare experience strongly preferred.

License, Registration, or Certification Requirements:
Courses toward Certified Compensation Professional (CCP) certification preferred. Degree in Human Resources, Business Management or other related field preferred.

Working Conditions:

Manual: Little or no manual skills/motor coord & finger dexterity

Occupational: Little or no potential for occupational risk

Physical Effort: Sedentary/light effort. May exert up to 10 lbs. force

Physical Environment: Generally pleasant working conditions

Company: Nuvance Health

Org Unit: 1788

Department: Total Rewards

Exempt: Yes

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