Director Compensation

PRIMARY PURPOSE

The Director of Compensation is a strategic leader responsible for the design and implementation of Parkland's Compensation strategy. This role is responsible for ensuring all pay plans are competitive, sustainable, scalable, and aligned with the organization's short and long-term strategic goals. This leader must thrive well in a fast-paced environment and through collaboration with leadership throughout the organization, will ensure that all pay plans, drive performance and support the organization's strategy to attract, motivate and retain employees.

MINIMUM SPECIFICATIONS

Education

• Must have a Bachelor's degree preferably in Business Administration, Finance, Accounting or related field.
• Prefer Master's degree in Business, Human Resources or related field of study.

Experience

• Must have five (5) years leadership experience leading the development of a complex, integrated and strategic Compensation program.
• Must have a minimum seven (7) years of broad-based compensation experience, including program design and administration.
• Must have experience in regulatory environment (HIPAA, ERISA, FLSA, etc.) governing plan design of compensation, including understanding fiduciary responsibilities and financial management.
• Must have demonstrated track record of the ability to improve HR systems and enhanced operational efficiencies.
• Experience in a healthcare environment is preferred.

Certification/Registration/Licensure

• Must have (or achieve within 24 months of hire) certification as a Certified Compensation Professional (CCP) or Certified Benefits Professional (CBP).

Skills or Special Abilities

• Must have excellent business acumen, strong strategic planning, financial and analytical skills.
• Must have proven written and verbal communication skills with demonstrated leadership ability.
• Superior ability to communicate, influence, persuade, gain the confidence of, and advise senior leadership on sensitive issues.
• Experience in communicating complex plan design into understandable terms so compensation plans are valued by employees.
• Ability to work well under pressure, balance multiple priorities and produce results. Proven leadership in team building.
• Experience developing and implementing compensation solutions in a complex operating environment.
• Must demonstrate history of collaborating successfully with cross-functional business leaders including the ability to form relationships at all levels of the organization.
• Must have proven experience with building and developing a high performing team.

Responsibilities

• Establishes, rolls out, and maintains a Compensation strategy and vision that aligns with the organization's overall business strategy.
• Ensures compensation programs are cost effective and consistent with labor market trends and organizational objectives.
• Designs, communicates, and manages all elements of Parkland's base pay program including pay structures (grades, job families, job codes, ranges, and rates), merit and market review and adjustment methodology, premium.
• Establishes and refines annual market survey including agreements, invoicing, timeline, usage, matching, data quality assessment and strategy refinement.
• Designs, communicates and manages all elements of incentive programs, including rules, eligibility, communication, pool development, interim and final calculations awarding and payout.
• Oversees the review, communication, and implementation of the annual total compensation review.
• Create, implement and maintain a strategy around ensuring job descriptions are compliant, accurate, consistent and competitive.
• Develops effective internal controls that promote adherence to applicable state/federal laws, and the program requirements of accreditation agencies and federal, state, and private health plans. Seeks advice and guidance as necessary to ensure proper understanding.
• Attends and develops presentations for meetings including the Board of Managers and related Office of Talent Management meetings to communicate, educate and obtain approvals of programs, budgets and cost projections.

Job Accountabilities

• Identifies and analyzes the design of jobs, work processes, work flows, etc. for the area and implements appropriate changes to improve effectiveness, productivity, and efficiency that support the overall goals of the department and Parkland.
• Stays abreast of the latest developments, advancements, and trends in the field by attending seminars/workshops, reading professional journals, actively participating in professional organizations, and/or maintaining certification or licensure. Integrates knowledge gained into current work practices.
• Maintains knowledge of applicable rules, regulations, policies, laws and guidelines that impact the area. Develops effective internal controls designed to promote adherence with applicable laws, accreditation agency requirements, and federal, state, and private health plans. Seeks advice and guidance as needed to ensure proper understanding.
• Develops and monitors annual budgets that ensure the department has the necessary funds to carry out the goals and objectives that have been established for the department.
• Develops, implements, monitors, and revises annual goals and objectives for the department that support the missions and objectives of Parkland.
• Selects, trains, schedules, motivates, supervises, and evaluates employees making recommendations for disciplinary actions up to and including termination, to ensure maximum utilization of individual and group capabilities. Ensures that assigned employees receive opportunities to further their knowledge.