Boston Children's Hospital · 1 day ago
Compensation Consultant
Boston, MA
Full-time
Hybrid
Senior Level, Lead/Staff
8+ years expBoston Children's Hospital is seeking a Compensation Consultant to ensure that the organization’s compensation programs are competitive and aligned with strategic objectives. The role involves designing and implementing compensation strategies, administering the hospital's compensation system, and providing leadership to compensation analysts.
Health CareHospitalMedical
Responsibilities
Research, design, develop, and implement annual and ad hoc compensation programs, policies, and practices
Serve as Project Lead for short- and long-term compensation-related special projects
Administer the hospital’s job classification system, including reviewing new and revised job descriptions, auditing roles as needed, recommending classifications, and ensuring compliance with applicable laws
Identify and recommend changes to job descriptions and job structures in partnership with line management and HR
Administer the hospital’s compensation system, including conducting market surveys and reviewing requests for salary increases, equity adjustments, market adjustments, and new hire rates
Prepare, present, and discuss compensation analyses and supporting documentation with managers and HR constituents
Develop and analyze employee, demographic, and salary data and reports to support compensation planning, regulatory reporting requirements, and management decision-making
Ensure all compensation activities (e.g., FLSA determinations, pay recommendations) comply with federal and state wage-and-hour laws and other applicable regulations
Assess, develop, and enhance compensation tools, resources, and systems to improve the effectiveness of the compensation function
Collaborate with HR and senior management to develop and implement compensation strategies aligned with organizational goals
Supervise and mentor compensation analysts, providing guidance, coaching, and ongoing support
Qualification
Required
Bachelor's degree in Human Resources, Business, Mathematics, or a closely related field, or equivalent experience required; Master's degree preferred
Minimum of eight (8) years of progressively responsible experience in compensation
Experience in HR data analytics, metrics development, dashboards, and/or predictive analytics; inferential statistics and some HR Generalist or Business Partner experience preferred
Strong analytical skills with the ability to collect and interpret data from diverse sources, apply moderately complex mathematical and statistical principles, and develop solutions that span departments or divisions
Demonstrated intermediate to advanced proficiency in software applications such as spreadsheets, word processing, presentation tools, and relational databases
Highly developed communication skills, with the ability to influence, persuade, and negotiate on complex and sensitive issues
Proven planning and time-management skills, with the ability to manage a high volume of competing priorities
Working knowledge of federal and state employment laws and regulations, particularly those related to compensation
Benefits
Flexible schedules
Affordable health, vision and dental insurance
Child care and student loan subsidies
Generous levels of time off
403(b) Retirement Savings plan
Pension
Tuition and certain License and Certification Reimbursement
Cell phone plan discounts
Discounted rates on T-passes
Company
Boston Children's Hospital
Boston Children's Hospital is a 404-bed comprehensive center for pediatric health care.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Gilson Mendes
CEO and Founder
Paul Donovan
Senior Advisor to the CEO for Public Affairs
Recent News
2024-04-25
The Business Journals
2024-04-25
Enterprise News
2024-04-25
Company data provided by crunchbase