Director of Compensation - UC Health

Job Description

UC Health is hiring a full-time Compensation Director for the Human Resources Department.

The Compensation Director will lead the development and execution of a comprehensive compensation program impacting all levels at UC Health. The Director will be an expert in the area of compensation program analysis, design, and implementation for compensation programs across the system. Responsible for planning, designing, implementing, and maintaining system compensation programs to ensure a balance of internal equity, market conditions, and fiscal accountability.

About UC Health

UC Health is an integrated academic health system serving Greater Cincinnati and Northern Kentucky. In partnership with the University of Cincinnati, UC Health combines clinical expertise and compassion with research and teaching-a combination that provides patients with options for even the most complex situations. Members of UC Health include: UC Medical Center, West Chester Hospital, Daniel Drake Center for Post-Acute Care, Bridgeway Pointe Assisted Living, University of Cincinnati Physicians and UC Health Ambulatory Services (with more than 900 board-certified clinicians and surgeons), Lindner Center of HOPE and several specialized institutes including: UC Gardner Neuroscience Institute and the University of Cincinnati Cancer Center. Many UC Health locations have received national recognition for outstanding quality and patient satisfaction. Learn more at uchealth.com.

Responsibilities

• Provides day-to-day management and oversight of the compensation team including hiring, training, coaching, and development of assigned staff.
• Leads the design, implementation, administration, and communication of compensation programs and practices.
• Develops and implements contemporary compensation strategies that are appropriate for the highly competitive Cincinnati healthcare market.
• Works closely with VP of Total Rewards and peers to drive compensation's collaboration with benefits, retirement, and employee health and wellness to ensure company investment as well as impact to employees.
• Counsels human resources business partners and management in all areas of compensation, including market pricing, internal equity, promotion opportunities, retention, and other pay components as necessary.
• Researches and documents key economic drivers influencing compensation as they relate to market ranges and salary increase budgets.
• Recommend revisions, new plans, or processes that are cost-effective and consistent with market trends, and the corporate compensation philosophy and business objectives.
• Evaluates and re-vamps existing compensation structure using market data to enable consistent application and transparency in actions.
• Establishes and maintains internal control standards, including timely implementation of internal and external audit points to ensure accurate and timely reporting of compensation, in compliance with governmental regulations, internal standards, and processes.
• Effectively manages external consulting, vendor relationships, and service providers of competitive and economic trends, plan design, administration, and communication including compensation survey vendors, compensation consultants, and other various vendors.
• Counsels senior leaders on pay decisions, compensation practices, and policy and guidelines interpretation.
• Guides the decision-making process and outcome by providing detailed analysis/models, innovative recommendations, and expert advice to management and HR executives.
• Oversees annual implementation and administration of compensation programs and systems including merit, market, and equity analysis, recommendations/adjustments, and Annual/Long-Term Incentive Plans compensation.
• Ensures data integrity within data management and reporting.
• Partners with the Compensation Committee regarding executive compensation plans and various compensation programs requiring Committee review and approval.
• Provides materials and support for presentation to the Committee. (Collaborate with Executive Compensation Consultant).
• In collaboration with Legal, Accounting, Tax, Internal Audit, and third-party administrators, ensures accurate reporting, budgeting, and compliance with all applicable laws and regulations regarding compensation and related issues.

Qualifications

EDUCATION:

Minimum Required: Bachelor's Degree - Business, Human Resources, Finance or related field

Preferred Degree: Master's Degree - MBA or related degree

LICENSE & CERTIFICATION:

SPHR, SHRM-SCP or SHRM-CP is preferred

YEARS OF EXPERIENCE:

Minimum Required: 10 + Years of compensation with hands-on experience in areas such as compensation strategy, modeling and execution, market competitiveness, short-term incentive, and alignment of leveling structure to business and talent needs.

REQUIRED SKILLS AND KNOWLEDGE:

• Strong expertise in Corporate Compensation.
• Maintains the highest ethical and professional standards.
• Ability to communicate to all levels of employees to improve processes and initiate change.
• Excellent analytical, judgment, and decision-making skills.
• Results-oriented, innovative, creative, and proactive leader.
• Maintains strong industry and external HR knowledge of applicable compensation trends and impacts.
• Data-driven mindset. Deep quantitative, analytical, and statistical skills coupled with a strategic mindset.
• Ability to translate data and trends into insights and recommendations
• Strong influencing skills...experience working in a matrixed environment, ideally in an academic health system or highly complex industrial business.
• Clear thinker and communicator...able to distill complex information and messages into actions and communicate those actions effectively at multiple levels of the organization.
• Demonstrated experience leading and developing a team.
• Ability to assess gaps and willingness to take action to strengthen the Compensation organization.
• Operational mindset...appreciation for balance between compensation strategy/actions and broader organization needs.
• Ability to develop overarching compensation roadmap, and balance multiple short and long-term priorities to stay the course.

At UC Health, we're proud to have the best and brightest teams and clinicians collaborating toward our common purpose: to advance healing and reduce suffering.

As the region's adult academic health system, we strive for innovation and provide world-class care for not only our community, but patients from all over the world. Join our team and you'll be able to develop your skills, grow your career, build relationships with your peers and patients, and help us be a source of hope for our friends and neighbors.

UC Health is committed to providing an inclusive, equitable, and, diverse place of employment.

Join our team to BE UC Health. Be Extraordinary. Be Supported. Be Hope. Apply Today!