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Senior Compensation Consultant

  • Job
    Full-time
    Expert Level
  • People, HR & Administration
    Healthcare
  • Grand Rapids

AI generated summary

  • You must have a Bachelor's degree (or equivalent), 10 years of healthcare compensation experience, a Master's degree, and CCP certification.
  • You will consult on compensation matters, lead special projects, analyze market trends, manage job evaluations, and develop compensation tools while resolving complex issues and improving services.

Requirements

  • Bachelors degree or equivalent
  • 10 years of relevant compensation experience
  • Prior experience in healthcare compensation
  • Masters degree
  • Certified Compensation Professional (CCP)

Responsibilities

  • Provides ongoing consultation and subject-matter expertise to HR Business Partners and other leaders on large, complex business areas regarding compensation matters, including related policies, programs, practices and administration. Partners with department clients and internal HR customers to address day-to-day operational salary administration issues and salary offers.
  • Leads and consults on large, complex special projects as required, which may include reorganizations, mergers, acquisitions and divestitures, cross-functional HR initiatives, and the communication of various compensation programs and practices with a strong focus on change management.
  • Monitors external competitive compensation practices, trends and benchmarks through independent research and networking, and bringing forward appropriate recommendations and solutions to ensure competitiveness of overall compensation programs. Communicates and monitors implementation of compensation policies and administrative procedures.
  • Partners with leaders and HR Business Partners for job evaluation processes, including consultation on job design and organizational structure analysis to ensure internal equity and market alignment as well as enterprise-wide job leveling. Design, implement, and manage job evaluation review process resulting in efficient and timely response to organizational needs.
  • Participates in the design, development, administration, and training to provide seamless delivery of compensation solutions, including base pay, premium pay, salary structures, job architecture, career ladders, job families, job descriptions, market reviews, competencies, salary surveys, FLSA compliance, and other related programs.
  • Ownership of specific projects to ensure delivery against project objectives and provides support as a thought leader in methodologies relative to analysis, design, and implementation approaches and methods to be leveraged on projects undertaken.
  • Resolves multifaceted compensation issues and partners with the compensation team to meet project deliverables while leveraging solid understanding of policies, procedures, compliance requirements, and best practices.
  • Contributes to the overall improvement of compensation services, solutions, and development of new tools and approaches. Develops robust compensation tools that can be leveraged across the system, such as cost models, market analysis tools, presentations, and training.

FAQs

What is the primary location for the Senior Compensation Consultant position?

The primary location for this position is Butterworth Hospital, 100 Michigan St, Grand Rapids.

What are the essential functions of the Senior Compensation Consultant?

The essential functions include providing consultation on compensation matters, leading special projects, monitoring external compensation practices, partnering for job evaluation processes, and contributing to the improvement of compensation services and tools.

What qualifications are required for this position?

Required qualifications include a bachelor's degree or equivalent, 10 years of relevant compensation experience, and prior experience in healthcare compensation.

Is a master's degree preferred for this role?

Yes, a master's degree is preferred for the Senior Compensation Consultant position.

What type of compensation-related projects would the Senior Compensation Consultant lead?

The consultant would lead projects related to reorganizations, mergers, acquisitions, divestitures, and cross-functional HR initiatives.

What is the work schedule for this position?

The work schedule is full-time, Monday to Friday, from 8:00 a.m. to 5:00 p.m.

Does Corewell Health offer benefits for this role?

Yes, Corewell Health provides a comprehensive benefits package to meet financial, health, and work/life balance goals.

Is certification as a Certified Compensation Professional (CCP) preferred?

Yes, having a Certified Compensation Professional (CCP) credential is preferred for this position.

What is the weekly scheduled hours for this role?

The weekly scheduled hours for this role are 40 hours.

How does Corewell Health ensure a safe work environment?

Corewell Health requires a drug-free workplace and compliance with vaccine requirements for team members in on-site or hybrid roles.

Improve health, instill humanity and inspire hope.

Science & Healthcare
Industry
10,001+
Employees
2022
Founded Year

Mission & Purpose

CoreWell Health is an organisation dedicated to promoting holistic health and well-being through integrative healthcare services and educational resources. Their ultimate mission is to empower individuals to achieve optimal health and vitality by addressing physical, mental, and emotional aspects of wellness. The purpose of CoreWell Health is to provide comprehensive and personalised healthcare solutions that combine conventional medicine with complementary therapies such as nutrition counselling, chiropractic care, acupuncture, and mental health support. They aim to educate and support their clients in making informed decisions about their health, promoting long-term wellness and a balanced lifestyle.