Administers compensation programs, policies, and processes that attract and retain the organizations talent, ensuring alignment with organizational goals and compliance with applicable regulations.Conducts analysis and develops market competitive compensation recommendations spanning all levels/roles in the organization. Will also work on a cross-functional team to evaluate roles in the organization to ensure appropriate leveling and titling of positions. Counsels management and internal HR teams on pay practices, policies and incorporation of compensation philosophy in compensation decisions. Responds to employee questions as necessary. Leads compensation activities for a business line, including conducting market analyses and acting as the team lead. Leads cyclical compensation planning processes such as, salary structure review and development, bonus and base pay planning. Develops and delivers management reporting, communications, presentations and training to increase understanding and awareness of compensation programs and their linkages to other HR programs. Creates and maintains financial models to help the organization measure and monitor compensation expenses.
Provides facility management with regular and ongoing analysis of facility application and management of compensation programs and practices. Identifies areas of concern and recommends solutions. Accesses and interprets data from a variety of sources to gain full understanding of facility needs and options. Partners with other compensation staff to achieve regional and system-wide workforce solutions.
Conducts market research as needed to resolve questions and identify trends. Locates appropriate sources of market data, and applies statistical analysis tools. Conducts market analysis for annual, region or system-wide salary range adjustments. May serve as liaison to designated professional groups to develop and communicate market adjustment proposals. Assures that all parties are fully engaged and involved in data gathering and problem-solving using a multi-disciplinary approach. Supports facilities and work groups by performing and implementing equity analyses.
Provides analytical and data support on compensation-related projects, development and implementation of compensation pilots and programs intended to address business and staffing challenges. Determines appropriate data needed a and summarizes results verbally and/or in the appropriate written format to assist department in documentation and presentations. Makes recommendations regarding the best method to track data.
Analyzes data to prepare or coordinate preparation of reports which assist in monitoring the use and effectiveness of pay programs. Performs detailed analysis of proposed and existing programs. Analyzes activity to help identify trends and inconsistencies to determine if compensation program objectives have been met. Distributes to appropriate parties on an ongoing basis or as assigned. Supports competitive and market survey data activities including purchase, participation and compensation data entry.
Maintains position description database and HRIS job tables and performs audits to ensure data is stored accurately and effectively. Works with an eye on streamlining and improving department processes, making recommendations as needed.
Acts as facility compensation resource as needed. May partner with facility/business entity Human Resources to provide guidance on compensation philosophy, principles and practices to facility management staff. May provide formal training and supports Human Resources in individual coaching of facility managers on effective utilization, communication, and management of compensation programs.
Must possess a knowledge of business or human resources as normally obtained through the completion of a bachelors degree in business, human resources or related field.
Must possess a knowledge and background in business and/or Human Resources, preferably in Compensation, as typically demonstrated through three to five years of related experience. Must demonstrate effective relationship development/management skills and ability to effectively communicate in individual and group settings. Advanced spreadsheet and relational database skills, with ability to write, run and organize queries and reports. Requires the ability to analyze complex data and identify pertinent information and trends through the use of graphic illustration. Able to access meaningful information in literature and internet searches. Requires excellent attention to detail, commitment to follow through, ability to work independently with general oversight, and respect for established deadlines. Strong skills in verbal and written communications are necessary.
CCP (Certified Compensation Professional) certification through WorldatWork preferred. Health care experience is a plus.
Additional related education and/or experience preferred.
Internal Number: 269666
About Banner Health
You want to change the health care industry – one life at a time. You belong here. You’re excited to be part of the dramatic changes happening in the health care field. In fact, you thrive on change. But you also understand that excellent, compassionate patient care is the true measure of the success of these changes. You belong at Banner Health. Our award-winning, comprehensive health system includes 23 hospitals in seven western states, primary care health centers, research centers, labs, a network of physician practices and much more. Throughout our system, skilled, compassionate professionals use the latest technology to change the way care is provided. If you’re looking to be a key contributor to a forward-looking organization, you’ll experience a wide variety of professional advantages: •Our vision for changing the future of health care gives you the opportunity to leverage your abilities to achieve something historic. •Our expansive system offers you an unmatched variety of clinical settings – from large urban trauma center to small rural hospital, ambulatory to home health. Our system also includes hospitals specializing in cancer, heart health and pediatrics. •Our many loc...ations also translate into a broad selection of exciting and rewarding lifestyle options – from the big city to the wide-open spaces. •Our commitment to healthcare innovation means you always have the latest technologies at your fingertips to help you provide the finest care possible. •The size, success and growth of our system provide you with the stability and options to pursue your desired career path. •Our competitive compensation and comprehensive benefits offer you options to complement your unique needs.