DCH Health System · 2 months ago
Director of Compensation
Tuscaloosa, AL
Full-time
Onsite
Lead/Staff, Director/Executive
5+ years expDCH Health System is seeking a Director of Compensation to design, implement, and oversee compensation programs that attract, retain, and motivate employees. The role involves managing daily operations of compensation programs, ensuring compliance with legislation, and conducting market analyses to maintain competitive pay structures.
Health CareHospitalMedical
Responsibilities
Manages and coordinates the administration of wage/salary policies and procedures and ensures that pay plans and practices meet current federal and state legislation
Designing, developing, and implementing compensation programs, including base pay structures, company-wide compensation strategies, and policies that align with business goals and industry trends
Ensure all compensation practices comply with current legislation, including government regulations and pay equity laws
Evaluate job descriptions to determine pay structure within the organization for classification and appropriate compensation based on internal equity and external market competitiveness
Responsible for analyzing job descriptions and performance evaluations for policy and legislative compliance
Conduct regular market analyses and salary surveys to ensure compensation programs are competitive and fair, tracking prevailing pay rates and pay equity
Analyze compensation data to evaluate program effectiveness, identify gaps, and present findings and recommendations to senior management
Make recommendations on structure modifications, merit, and pay policy/practice adjustments
Complete projects to assess pay structure across both clinical and non-clinical roles
Conduct market analysis, prepare structure redesign proposal and cost impact analysis, deliver findings to HR leadership along with recommendations for cost alternatives that align with budget
Use analytical and presentation software to communicate findings and recommendations to management and collaborate with HR and other departments
Managing job classification and compensation information in Human Resources Payroll systems
Oversee job evaluations and job audits
Develop and deliver compensation best practice training to appropriate stakeholders
Answer questions from employees regarding their pay and benefits, fostering understanding and confidence in the compensation system
Serve as a critical resources and point-of-contact for complex wage and salary inquiries
Partner with the recruiting team to develop competitive offers for new hires and existing employees
Stay current on external best practices and relevant changes to the compensation field; communicate updates to leadership
Manages departmental budget
Interviews, selects, hires, and retains employees
Ensures orientation and training for employees
Manages performance
Promotes, demotes, or transfers employees to meet organizational needs
Executes employee accountability process up to and including termination
Manages departmental productivity standards
Performs compliance requirements
Approves payroll and is responsible for accurate payment of employees
Manages front line operations of area of accountability related to meeting/exceeding departmental goals
Maintains performance, patient and employee satisfaction and financial standards as outlined in the performance evaluation
Performs compliance requirements as outlined in the Employee Handbook
Must adhere to the DCH Mission, Vision, and Values including creating positive relationships with patients/families, coworkers, colleagues and with self
Performs essential job functions in a manner that ensures the safety of patients, visitors and employees
Identifies and reduces unsafe practices that may result in harm to patients, visitors and employees
Recognizes and takes appropriate action to reduce risks and hazards to promote safety for patients, visitors and employees
Qualification
Required
Bachelor's degree in Human Resources, Business Administration, Finance, or a related field
Requires a minimum of five years professional experience in compensation
Excellent mathematical and critical thinking skills required
Strong analytical, data interpretation, and quantitative skills are essential for understanding market trends and compensation data
Expertise in analytical, database, and presentation software is necessary for data management and reporting (MS Word, MS Excel, etc)
A strong understanding of business finances, budgets, and the overall success of the organization is important
Knowledge of human resource laws, regulations, and compensation best practices
Excellent interpersonal and communication skills are needed to present findings to management and explain compensation policies to employees
Meticulous attention to detail is crucial for ensuring accuracy in compensation plans and compliance with laws
Knowledge of market compensation data sources and best practices for application and presentation of market data
Must demonstrate good judgement, strong business acumen, effective and influential leadership skills
Excellent project management, organizational, and follow-through skills required
Must be able to read, write legibly, speak, and comprehend English
Preferred
Certified Compensation Professional (CCP), SHRM-CP, or related preferred
Leadership compensation program experience
Prior experience working for hospital or health system as compensation subject matter expert a plus
Company
DCH Health System
DCH Health System is an acute care community that is expertise in rendering a wide range of medical services to various patients.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Katrina Keefer
President and Chief Executive Officer
Recent News
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