Vice President of Compensation

Qualifications

• Bachelor’s degree in Human Resources, Business Administration, Finance, or related field; Master’s degree or relevant certifications preferred.
• Minimum of 10 years’ experience in compensation, with at least 8 years of experience in compensation management in a senior leadership role.
• Expert knowledge of compensation principles, practices, and regulatory requirements.
• Strong analytical skills with the ability to interpret complex data and make strategic recommendations.
• Experience with executive compensation, incentive design, and equity programs.
• Excellent communication and presentation skills, with the ability to influence senior stakeholders.
• Proven leadership and team management abilities.
• High level of integrity, confidentiality, and professionalism.

Key Responsibilities

• Develop and lead the overall compensation strategy, including base pay, incentive programs, and executive compensation.
• Ensure compensation programs are aligned with organizational goals, market competitiveness, and regulatory compliance.
• Conduct market analyses and benchmarking to inform compensation decisions and maintain competitiveness.
• Oversee the design and administration of salary structures, job evaluations, and pay grades.
• Manage annual compensation review cycles, including merit increases, bonus allocations, and equity programs.
• Collaborate with HR leadership on talent management initiatives, workforce planning, and organizational design.
• Guide senior management on compensation matters, including executive pay.
• Monitor emerging compensation trends, legislative changes, and leading practices to ensure programs remain current and effective.
• Lead and mentor the compensation team, fostering a culture of excellence and continuous improvement.
• Ensure compliance with federal, state, and local regulations, including FLSA, EEOC, IRS, and healthcare-specific requirements.
• Monitor the effectiveness of compensation programs through metrics such as retention, engagement, and cost effectiveness.
• Recommend adjustments based on data-driven insights.

Pay

The salary range for this position is $350,000 to $390,000 annually.

Benefits

We offer comprehensive benefits, career advancement opportunities, differentials, premiums, and bonuses as applicable, and recognition programs designed to celebrate your contributions and support your professional growth.