Manager Physician & APP Compensation

About the role

This role serves as a consultant to senior management and physician/APRN/PA leadership regarding provider total reward policies and programs. Works closely with human resources, provider compensation leadership, finance, and legal to set strategic direction, compensation design, planning, implementation, and communication of physician/APRN/PA total rewards plans. Educates and answers questions regarding changes to physician/APRN/PA total rewards methodologies and/or regulations. Responsible for analysis, administration, and oversight of all approved plans.

Responsibilities

• Oversight of market analysis, including facilitating survey participation, market pricing of roles, and analyzing the organization’s competitive position
• Design, plan, and implement compensation models, including management consulting relationships
• Maintain plan documents
• Direct the administration of the provider compensation plan, ensuring accuracy of all data used for physician compensation (including financial analysis and reporting)
• Responsible for the day-to-day administration of specialty physician and APRN/PA compensation programs
• Manage the administration of salary planning for physicians and APRNs/PAs
• Partner with legal and business owners to collaborate on FMV analysis for employed and contracted physicians
• Provide support for governance and approval bodies
• Proactively identify physician practices that need improvement, review, and/or change
• Identify and communicate best practices or policies and key metrics when performing physician practice evaluations
• Develop and supervise reliable, timely, and efficient processes for managing physician compensation arrangements
• Develop tools and metrics to monitor the performance of compensation plans relative to the budget
• Remain educated on industry trends around physician compensation and act as a proactive consultant and advisor to senior leadership
• Ensure appropriate data management, incorporating use of validated source systems, efficient data collection tools, and integrity of data sources
• Direct activities of physician/APRN/PA total rewards staff

Requirements

• Bachelor of Arts in Human Resources, Finance, or Business
• 6 years of experience in HR, finance, and/or compensation, including a minimum of 4 years in physician/APRN/PA total rewards and 3+ years of experience in physician/APRN/PA productivity compensation models

Preferred Qualifications

• Master of Arts in Human Resources, Business, or Finance
• 10 years of relevant experience

Benefits

Fairview offers a generous benefit package including:

• Medical, dental, and vision plans
• Life insurance
• Short-term and long-term disability insurance
• Paid time off (PTO) and Sick and Safe Time
• Tuition reimbursement
• Retirement benefits
• Early access to earned wages

Additional information: https://www.fairview.org/careers/benefits/noncontract

Pay

The posted pay range is for a 40-hour workweek (1.0 FTE). The actual rate of pay offered within this range may depend on several factors, such as FTE, skills, knowledge, relevant education, experience, and market conditions. Additionally, the organization values pay equity and considers the internal equity of the team when making any offer. Hiring at the maximum of the range is not typical. If eligible, a sign-on bonus may be offered based on the approved program at the time of the offer.