Compensation Consultant 2
About Us
Here at Baylor Scott & White Health we promote the well-being of all individuals, families, and communities. Baylor Scott and White is the largest not-for-profit healthcare system in Texas that empowers you to live well.
Our Core Values are:
- We serve faithfully by doing what's right with a joyful heart.
- We never settle by constantly striving for better.
- We are in it together by supporting one another and those we serve.
- We make an impact by taking initiative and delivering exceptional experience.
Benefits
Our benefits are designed to help you live well no matter where you are on your journey. For full details on coverage and eligibility, visit the Baylor Scott & White Benefits Hub to explore our offerings, which may include:
- Immediate eligibility for health and welfare benefits
- 401(k) savings plan with dollar-for-dollar match up to 5%
- Tuition Reimbursement
- PTO accrual beginning Day 1
Note: Benefits may vary based upon position type and/or level.
Job Summary
The Compensation Consultant 2 provides strategic compensation consulting and project management for competitive pay programs and pay-for-performance philosophies.
Essential Functions of the Role
- Works strategically across functional areas to identify, plan, develop and deliver compensation services and tools with high quality outcomes.
- Manages compensation projects and initiatives. This may include the Compensation Committee, annual merit planning, incentive programs, and job architecture.
- Helps with projects, maintains project timelines, creates presentations, communication materials, policies, etc.
- Partners with Compensation management and HR Business Services to develop compensation strategies and practices.
- Socializes new or changed pay programs with HR Business Services and business managers to include presentations for areas helped.
- Responds to internal requests for job reviews, pricing new positions, and equity adjustments. Ensure internal and external equity.
- Conducts complex internal and external third-party market testing and reviews.
- Researches compensation trends and best practices in the external market. Partners with HR and business leadership to improve pay programs and market position.
- Conducts periodic audits to ensure accuracy of data.
- Responds to data requests.
- Mentors compensation staff and provides performance and development feedback.
Key Success Factors
- Certified Compensation Professional (CCP) highly desirable.
- Knowledge of compensation policies, practices and procedures.
- Knowledge of health care industry is preferred.
- Relationship management and conflict resolution skills.
- Proficient in Excel and other Microsoft Office applications.
- Excellent communication and presentation skills.
- Excellent ability to work with and influence all levels of management.
- Excellent data skills.
- Ability to work under pressure and regularly reprioritize tasks.
Belonging Statement
We believe that all people should feel welcomed, valued and supported.
QUALIFICATIONS
- EDUCATION - Bachelor's or 4 years of work experience above the minimum qualification
- EXPERIENCE - 5 years of experience
