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Nuvance Health · 4 days ago

Sr Compensation Consultant

Danbury, CT

Full-time

Onsite

Senior Level

$41/hr - $76.16/hr

Nuvance Health is a healthcare system dedicated to fostering an inclusive culture. The Sr Compensation Consultant will partner in the design and implementation of compensation programs to enhance the organization's ability to recruit and retain talented employees.

Health CareHospitalMedical

Responsibilities

Assists in the development, implementation and administration of compensation programs and systems including merit, market and equity analyses across the healthcare system

Serves as compensation subject matter expert; consult with HR and talent acquisition business partners on complex compensation-related matters. Identify HR and business needs, enhance and/or design solutions to address them

Advises leaders on pay, compensation practices, and policy interpretations.Support decision-making process and final outcomes by providing detailed analysis/models, innovative recommendations

Coordinates the completion of compensation surveys and ensure access to contemporary, relevant market intelligence.Develop and maintain compensation structures, as well as titling and leveling standards

Conducts complex analyses to ensure internal equity, consistent application of policy, and external competitiveness. Provides strategic support for Labor Relations; may provide economic modeling during union collective bargaining negotiations

Works with the Total Rewards and broader HR team. Supports the work and development of team members. Provide specific, meaningful performance feedback, where appropriate

Coaches and mentors direct reports and others within sphere of influence

Facilitates annual merit increase cycle; educate and guide leaders to optimize merit budget and reward exceptional performance. Conducts ad hoc market assessments and provides cost effective recommendations

Supports compensation annual planning process

Participates in cross-functional teams driving solutions impacting associate pay including mergers and acquisitions, integration, and system-wide initiatives

Monitors compensation systems and processes and recommend streamlining and continuous improvement opportunities. Ensures accurate reporting and compliance with all applicable laws and regulations regarding compensation

Serves as subject matter expert and liaison with Human Resources Information Center (HRIC); coordinate system coding/set up, processes, and reporting requirements necessary for compensation analysis

Ensures accurate reporting and compliance with all applicable laws and regulations regarding compensation

Reviews Fair Labor Standards Act (FLSA) exemption status and conduct tests to ensure appropriate status

Keeps abreast of legislative changes and anticipate impact on hospital system. Provide recommendations to mitigate risk

Qualification

Compensation program designMarket analysisCompensation policy expertiseHR consultingLabor relations supportCompensation surveysFLSA complianceCertified Compensation ProfessionalHR certification PHRHR certification SHRM-CPCoachingContinuous improvementLegislative awarenessMentoringTeam collaboration

Required

Partner in the design, planning, implementation and delivery of compensation programs, policies and procedures for the healthcare system

Support Nuvance Healths 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

Serve as compensation leader for a segment of the healthcare system or significant compensation programs that are system-wide

Assists in the development, implementation and administration of compensation programs and systems including merit, market and equity analyses across the healthcare system

Serves as compensation subject matter expert; consult with HR and talent acquisition business partners on complex compensation-related matters

Identify HR and business needs, enhance and/or design solutions to address them

Advises leaders on pay, compensation practices, and policy interpretations

Support decision-making process and final outcomes by providing detailed analysis/models, innovative recommendations

Coordinates the completion of compensation surveys and ensure access to contemporary, relevant market intelligence

Develop and maintain compensation structures, as well as titling and leveling standards

Conducts complex analyses to ensure internal equity, consistent application of policy, and external competitiveness

Provides strategic support for Labor Relations; may provide economic modeling during union collective bargaining negotiations

Works with the Total Rewards and broader HR team

Supports the work and development of team members

Provide specific, meaningful performance feedback, where appropriate

Coaches and mentors direct reports and others within sphere of influence

Facilitates annual merit increase cycle; educate and guide leaders to optimize merit budget and reward exceptional performance

Conducts ad hoc market assessments and provides cost effective recommendations

Supports compensation annual planning process

Participates in cross-functional teams driving solutions impacting associate pay including mergers and acquisitions, integration, and system-wide initiatives

Monitors compensation systems and processes and recommend streamlining and continuous improvement opportunities

Ensures accurate reporting and compliance with all applicable laws and regulations regarding compensation

Serves as subject matter expert and liaison with Human Resources Information Center (HRIC); coordinate system coding/set up, processes, and reporting requirements necessary for compensation analysis

Ensures accurate reporting and compliance with all applicable laws and regulations regarding compensation

Reviews Fair Labor Standards Act (FLSA) exemption status and conduct tests to ensure appropriate status

Keeps abreast of legislative changes and anticipate impact on hospital system

Provide recommendations to mitigate risk