Compensation Consultant

About the role

At HCA Healthcare, we are committed to caring for patients with purpose and integrity. We care like family! This Compensation Consultant role partners with business leaders and HR stakeholders to deliver data-driven insights and recommendations that support organizational goals.

Responsibilities

• Compensation Analysis: Conduct comprehensive analysis of compensation data, including salary surveys, market benchmarks, and internal pay structures. Evaluate competitiveness and identify improvement opportunities. Utilize data modeling and analytical techniques to assess program effectiveness and forecast trends. Develop dashboards and reports that present compensation data meaningfully.
• Compensation Strategy & Program Development: Partner with stakeholders to define compensation objectives aligned with business strategies. Design compensation frameworks, policies, programs, and guidelines that promote internal equity and market competitiveness.
• Job Evaluation & Market Pricing: Evaluate positions to determine job levels, salary grades, and compensation ranges. Conduct job pricing analyses using market data and internal benchmarks. Provide recommendations for new hires, promotions, transfers, and organizational changes.
• Stakeholder Partnership: Collaborate with HR, Finance, and business leaders to understand workforce needs and compensation challenges. Present analyses and recommendations to executives and key stakeholders. Serve as a trusted advisor on compensation-related matters and strategic workforce decisions.
• Incentive & Variable Pay Programs: Design, implement, and maintain incentive and variable pay programs, including performance-based bonus structures. Analyze program effectiveness and provide data-driven recommendations for enhancements. Support ongoing administration and governance.
• Compliance & Governance: Monitor regulatory developments and market trends related to compensation practices. Ensure compliance with applicable federal, state, and local regulations. Provide guidance on compensation governance, policies, and internal controls.

Qualifications

• Bachelor's Degree required
• Master's Degree preferred
• 5+ years of experience in Compensation, Analytics, Human Resources, Finance, or a related field required
• 3+ years of experience in healthcare, consulting, or a complex corporate environment preferred

Preferred Knowledge & Skills

• Strong analytical and quantitative skills
• Experience with compensation modeling, job evaluation, and market pricing
• Advanced proficiency in Excel and compensation analytics tools
• Experience developing dashboards and reporting solutions
• Strong presentation, communication, and stakeholder management skills
• Knowledge of compensation regulations and best practices
• Ability to manage multiple projects and priorities in a fast-paced environment

Benefits

• Comprehensive benefits for medical, prescription drug, dental, vision, behavioral health and telemedicine services
• Wellbeing support, including free counseling and referral services
• Time away from work programs for paid time off, paid family leave, long- and short-term disability coverage and leaves of absence
• Savings and retirement resources, including a 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service), Employee Stock Purchase Plan, flexible spending accounts, preferred banking partnerships, retirement readiness tools, rollover support and financial wellbeing counseling
• Education support through tuition assistance, student loan assistance, certification support, dependent scholarships and a partnership with Galen College of Nursing
• Additional benefits for fertility and family building, adoption assistance, life insurance, supplemental health protection plans, auto and home insurance, legal counseling, identity theft protection and consumer discounts