Compensation Consultant

As a not-for-profit organization, Mass General Brigham is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women’s Hospital and Massachusetts General Hospital, Mass General Brigham supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care, and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.We’re focused on a people-first culture for our system’s patients and our professional family. That’s why we provide our employees with more ways to achieve their potential. Mass General Brigham is committed to aligning our employees’ personal aspirations with projects that match their capabilities and creating a culture that empowers our managers to become trusted mentors. We support each member of our team to own their personal development—and we recognize success at every step.Our employees use the Mass General Brigham values to govern decisions, actions, and behaviors. These values guide how we get our work done: Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk; and how we treat each other: Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration.Responsible for designing, developing, implementing, and managing compensation programs and strategies to attract, retain, and motivate employees within the healthcare organization. Works closely with Compensation team members and HR partners. Performs research and analysis of market and financial data; summarizes findings and draws insights that support decision making. Develops recommendations and meaningful presentations for senior leadership supporting projects or initiatives related to market competitiveness, pay structures, recognition, career framework, and pay equity.Primary Duties And Responsibilities• Delivers comprehensive compensation consulting to a wide range of business operations/units across the MGB healthcare system.• Conducts market studies and analysis; recommends compensation changes to ensure internal equity, external competitiveness, and alignment to the organization’s compensation philosophy.• Evaluates, levels, and determines appropriate market value for new and existing jobs using Willis Towers Watson Global Grading and Market Pricing Tool• Prepares ad-hoc compensation analyses and partners with business leaders, HR Business Partners and Talent Acquisition Partners on compensation related matters such as offers, promotions, and internal transfers.• Develops and presents concise written or oral summaries, costing models, and presentations utilizing all necessary tools (Excel, PowerPoint, Access, HCM System) for all levels of management.• Conducts on-going research to understand industry and organization-specific issues; Maintains a current understanding of best practices in compensation and HR in general that will improve service delivery.• Assists in reviewing compensation policies and practices, consistent with operational needs and ensures compliance with legal requirements.• Contributes to compensation and cross-functional HR analysis or projects as needed.Basic Qualifications• Bachelor's Degree, preferably in Business, Finance, Mathematics, Human Resources or another similar field required.• Certified Compensation Professional (CCP) certification (or in progress) preferred• 5 +years of Compensation experience or experience evaluating compensation programs and developing recommendations to meet business objectives. Healthcare experience preferred.• Deep analytical experience with an ability to synthesize complex data into meaningful insights that support decision-making.• Proven consultation skills in a business-facing role• Experience advising leaders on complex business challenges• Experience with Peoplesoft or Workday preferredSkills, Abilities And Competencies• Ability to apply business and financial acumen to complex business challenges.• Strong understanding of compensation principles, market analysis, and best practices.• Proficiency in using compensation survey tools, data analysis software, and HRIS systems.• Advanced proficiency with Excel and other Microsoft Office products• Excellent analytical skills to interpret data, trends, and market information.• Strong research and problem-solving abilities• Highly organized and self-driven with an ability to meet multiple deadlines.• Familiarity with federal and state labor laws, regulations, and compliance requirements.• Ability to collaborate, persuade and negotiate with peers, management, and others on all types of compensation issues to reach consensus on difficult or sensitive issues.• Strong project management, internal consulting, and communication (both written and oral) skills.• Abilit to work with all levels of the organization, and manage lateral relationships, to identify problems, make sound recommendations, and work to implement change, consistent with current HR, hospital and /or network philosophy• Ability to deal with issues that are complex, political, confidential, multi-disciplinary and strategic in nature, and be able to respond effectively to a variety of unanticipated high-level requests on an as-needed basis.• Ability to maintain a high level of confidentialityPrimary LocationMA-Boston-MGB Remote See Posting for DetailsWork LocationsMGB Remote See Posting for DetailsJobCompensationOrganizationMass General BrighamScheduleFull-timeStandard Hours40ShiftDay JobEmployee StatusRegularRecruiting DepartmentMGB Human ResourcesJob PostingAug 8, 2024