Compensation Consultant

New Haven, CT
Dec 5, 2018

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Job Description

To be part of our organization, every employee should understand and share in the YNHHS Vision, support our Mission, and live our Values. These values-integrity, patient-centered, respect, accountability, and compassion - must guide what we do, as individuals and professionals, every day.
EEO/AA/Disability/Veteran
Summary:
Functions as the primary compensation partner for physician compensation throughout Yale New Haven Health System (YNHHS). Provides technical and analytical support and participates in the planning, administration and communication of compensation programs for YNHHS and affiliates. Maintains and updates compensation reports, participates in salary surveys and labor market analyses. Advises, consults and partners with leadership in assigned area(s) to resolve issues related to compensation, equity and HR compliance. Develops and implements programs and plans related to compensation and performance management to ensure YNHHS maintains competitive pay programs. Collaborates with other departments across Human Resources to ensure effective issue resolution. Maintains complex information in human resource information system (HRIS) pertaining to position management and compensation programs. Works with area management to develop accurate job descriptions, gathers relevant internal and external market data to develop effective job evaluation and salary recommendations. Advises and consults on issues related to compensation, performance management and organizational development for assigned client groups.
Responsibilities:
  • 1. Designs, develops and recommends salary increase programs, including merit increase grids, salary range structures, salary administration guidelines and related procedures. Responsible for the review and analysis of all hospital based physician compensation pay programs.
  • 2. Participates in the development of compensation program communications to management and employees, including annual compensation programs, compensation guide to managers, and the Performance Incentive Plan (PIP).
  • 3. Evaluates and classifies exempt, non-exempt and management positions, spanning a diverse range of job families.
  • 4. Performs research on various compensation issues and topics to ensure that the Health System is using compensation techniques and programs appropriate for each culture and business.
  • 5. Reviews and determines appropriate total cash compensation for physicians based on individual arrangements for each physician.
  • 6. Ensures compliance with all applicable State and Federal statutes and regulations related to physician compensation. Works with appropriate resources and outside consultants when necessary, to obtain Fair Market Value (FMV) documentation.
  • 7. Maximizes the utilization of compensation software and databases to streamline this process. Participates in analysis of survey results and formulates recommendations to maintain desired competitive position in selected markets. Designs and implements custom surveys as appropriate. Develops cost estimates of any recommendations and presents recommendation to Senior Leadership for further consideration.
  • 8. Develops and maintains strong end-user skills related to Human Resources Information System (HRIS) as it pertains to compensation programs.
  • 9. Works closely with staff in Budget & Finance, Talent Acquisition, Payroll and HRIS to ensure the proper maintenance of employee data and information; develops and implements solutions to any problems which may arise.
  • 10. Works with leadership to develop position descriptions and specifications for budget-approved and proposed positions within the Health System. Reviews job descriptions with managers and incumbents to verify responsibilities and specifications. Develops recommendations regarding classification and salary range information for approved evaluation requests.
  • 11. Performs specialized research studies on a range of compensation topics, as specifically assigned; analyzes and interprets data and prepares summary reports.
  • 12. Assists in the design of organizational and department goals for the Performance Incentive Program (PIP) including plan design, proofing files, coordinating with HRIS, and distribution of awards payouts.
  • 13. Prepares and analyzes data for audits and ensures compliance with Federal and State Laws related to Wage and Hour and Equal Pay.
  • 14. Participates as a member of various organization-wide teams and committees.
    Other information:

    EDUCATION:

    Position requires a Bachelor's Degree

    EXPERIENCE:

    Three to five years experience in Human Resources and Salary Administration, including position description development, position analysis, quantitative analysis. (CCP) or other relevant HR certification preferred.

    SPECIAL_SKILLS:

    Strong interpersonal skills with ability to communicate effectively, both orally and in writing with all levels of organization and to function effectively in a team environment. Ability to develop strong knowledge of organizational structure and reporting relationships. Demonstrated research, analytical and critical thinking skills. Ability to plan, coordinate and administer complex administrative policies, systems and processes. Ability to make administrative and procedural decisions and judgments regarding sensitive, confidential issues. Strong working knowledge of Microsoft Windows Office Suite, Advanced end-user skills in Excel; working knowledge of Word and PowerPoint. Knowledge of Human Resource Information Systems with ability to learn specific HRIS applications. Ability to interpret complex material from various sources.
    ACCOUNTABILITY:

    Incumbent is accountable for accuracy and timeliness of own work; for the proper administration of HR Policies, problem resolution; the development of timely and accurate complex analyses and recommendations, and project management. Ensure the confidentiality and security of all information relating to work.
    COMPLEXITY:

    Performs a variety of complex analytical and administrative duties requiring ability to function in a fast paced environment with strong attention to detail. Exercises discretion and independent judgment in collecting and evaluating position data and/or data related to compensation issues. Makes effective recommendations and decisions relative to policy interpretation, evaluations and creative solutions to problems.
    PHYSICAL_DEMAND:

    Primarily sedentary work sitting within typical office setting . Requires occasional ability to lift, push and pull objects such as files and office supplies up to 30 pounds and/or continuously up to 10 pounds; and occasional moving about on foot to accomplish tasks, walking long distances or moving from one work site to another. Frequent use of telephones requiring ability to hear and speak to clearly convey detailed or important information; and continuous use of computer and other office equipment requiring fingering and strong keyboarding skills.

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    Job Info

    Job: 3264

    Department: Compensation and Benefits
    Category: Human Resources
    Hours: 40.00

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