Senior Compensation Consultant - Executive Compensation
Lehigh Valley Health NetworkAbout the role
Imagine a career at one of the nation's most advanced health networks.
Be part of an exceptional health care experience. Join the inspired, passionate team at Lehigh Valley Health Network, a nationally recognized, forward-thinking organization offering plenty of opportunity to do great work.
LVHN has been ranked among the "Best Hospitals" by U.S. News & World Report for 23 consecutive years. We're a Magnet(tm) Hospital, having been honored five times with the American Nurses Credentialing Center's prestigious distinction for nursing excellence and quality patient outcomes in our Lehigh Valley region. Finally, Lehigh Valley Hospital - Cedar Crest, Lehigh Valley Hospital - Muhlenberg, Lehigh Valley Hospital- Hazleton, and Lehigh Valley Hospital - Pocono each received an 'A' grade on the Hospital Safety Grade from The Leapfrog Group in 2020, the highest grade in patient safety. These recognitions highlight LVHN's commitment to teamwork, compassion, and technology with an unrelenting focus on delivering the best health care possible every day.
Whether you're considering your next career move or your first, you should consider Lehigh Valley Health Network.
Summary
Independently develops, installs, and administers compensation programs designed to maintain the enterprise's competitive position. Evaluates hourly, salaried, and management positions and assists with the administration of the annual performance assessment process. Annually reviews the organization's salary structures and provides bargaining unit agreement compensation administration.
Job Duties
Supports annual executive compensation programs including market studies, incentive program calculation, design and maintenance.
Develops and maintains executive documentation including program documents, employment agreements, and executive level communications.
Develops complex modeling supporting executive compensation program design and budgeting.
Administers active and frozen non-qualified 457(f) deferred compensation plans.
Supports ad hoc executive compensation projects including but not limited to 990’s, excise tax, audits and regulatory changes.
Partners with internal HR stakeholders and enterprise management to address compensation related issues.
Acts as a Subject Matter Expert for internal compensation applications and analyses
Performs complex analyses, independently completes special projects and presentations.
Performs full-cycle, large-scale compensation projects to build a cohesive, equitable and aligned compensation management system. Develop new salary scales to suit needs (recruitment, retention, or both) of departments.
Prioritizes assignments, budgetary impacts, and execution of enterprise pay programs.
Reviews requests for employee job changes (promotions, equity, demotions). Recommends appropriate pay considerations based on employee experience, internal equity, and market data benchmarks.
Responsible for the creation, maintenance, and review process of special pay policies and related programs.
Participates in salary surveys and analyzes market related adjustments to maintain competitive salary positioning.
Administers grade, step, rate changes and incentive programs for bargaining unit positions.
Administers HR compensation policies/procedures.
Advises HR Business Partners (HRBP) and department managers of FLSA regulations. Determines appropriate Fair Labor Standards designations of job descriptions based on provided content.
Maintains internal job hierarchy by completing job description analysis.
Minimum Qualifications
Bachelor’s Degree in business, human resources or related field.
5 years compensation or closely related HR experience.
Ability to work independently with management level staff.
Demonstrates flexibility in accommodating customer needs.
Knowledge of HR applications.
Strong proficiency in data analysis.
Advanced proficiency Microsoft Office applications including Excel, Word, Power Point, and Access.
Preferred Qualifications
2 Years of Executive Compensation Experience
Ability to effectively communicate with and present to third party vendors and executive level management
Ability to consistently manage multiple priorities and deadlines
High level of discretion, maturity, and professionalism in handling confidential information
Master’s Degree in business, human resources or other analytical discipline.
2 years prior healthcare experience.
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