Senior Executive Compensation Analyst
HealthPartnersAbout the role
HealthPartners is currently hiring for a Senior Executive Compensation Analyst. The analyst administers non-physician, executive, non-union and union compensation programs, policies, and procedures for employees including survey participation, job evaluation, salary structure design and administration, incentive plan design, and associated analysis. The analyst supports an executive compensation program, ensures that pay and incentive programs remain competitive, fair, and equitable, and conforms to current compensation strategy and health care industry best practices to attract and retain employees. The analyst also maintains a customer focused, business-oriented partnership approach to compensation programs and administration.
Required Qualifications:
- Master’s degree in industrial relations, human resources management, or law with five or more years in Human Resources, or bachelor’s degree in industrial relations, human resources management or business administration with 10 years of progressive responsibility in Human Resources
- Five years of experience in directly designing and managing salary and annual incentive programs for all levels of an organization including officer total compensation
- Customer focused approach to work as demonstrated by ability to work effectively in a highly matrixed environment.
- Experience managing confidential information in an appropriate manner.
- Demonstrated strong analytical, research and statistical analysis skills.
- Ability to communicate compensation related concepts, practices, and procedures effectively at all levels of the organization in an understandable manner.
- Ability to effectively interact and partner with executive leadership including the development and presentation of executive compensation information to HealthPartners Board of Directors as needed.
- Knowledge of health care industry issues including federal, state, and local regulatory statutes, rules, and regulations as they apply to compensation base, annual incentive, and deferred compensation programs.
- Strong blend of business acumen, project management skills and technical expertise demonstrated by ability to focus on business needs and strategic thinking
- Demonstrated strong written and verbal skills.
- Ability to prioritize and manage multiple complex work priorities and deadlines simultaneously in a fast-paced environment.
- Proficiency with Microsoft Excel, Microsoft Word, Power Point and HR information systems
Preferred Qualifications:
- Master’s degree in human resources or advancement towards Human Resources Professional Certification (PHR), Certified Compensation Professional (CCP) or Senior Human Resources Professional Certification (SPHR).
- Previous experience working with MarketPay or other compensation survey management web-based applications.
- Knowledge of process improvement methods/techniques/principles and application of those methods.
- Experience working in a healthcare system.
- Experience working with Oracle.
- Experience working in a union environment and with bargaining agreements.
- Human Resources Professional Certification (PHR), Certified Compensation Professional (CCP) or Senior Human Resources Professional Certification (SPHR).
Hours/Location:
- M-F; Days
- May work in a remote capacity but will prefer local candidates for occasional onsite meetings and workgroup sessions.
Position Responsibilities:
- Executive Compensation (25%)
- Responsible for the analysis and administration of executive compensation programs.
- Provides materials to support consultation on executive compensation matters to senior executives and supports the design of executive total compensation programs by engaging and/or working directly with outside executive compensation consultants.
- Develops and maintain documentation supporting executive compensation programs as it relates to corporate governance as outlined the Compensation Committee charter.
- Provides on annual incentive programs and executive base salary, and executive deferred compensation programs and perquisites. Prepares officer total compensation data presentations for quarterly Board of Directors Compensation Committee meetings and annual 990 disclosures.
- Incentive Plans (2
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