Compensation Consultant - Hybrid
Welcome to Houston Methodist, where we are dedicated to providing exceptional healthcare services to our community. We are currently seeking a skilled and experienced Compensation Consultant to join our team. As a hybrid role, this position offers the unique opportunity to work both remotely and on-site, allowing for flexibility and a healthy work-life balance. We are looking for a driven and detail-oriented individual who is passionate about developing fair and competitive compensation plans for our employees. If you have a strong understanding of compensation principles and experience with job evaluations and market analysis, we encourage you to apply for this exciting opportunity. Join us in our mission to provide top-notch care to our patients while ensuring our valued employees are fairly compensated for their hard work and dedication.
- Conduct job evaluations to determine appropriate job classifications and salary levels for positions within the organization.
- Conduct market analysis to ensure the organization's compensation plans are competitive and aligned with industry standards.
- Develop and implement compensation strategies and programs that attract and retain top talent.
- Collaborate with HR and leadership to review and update job descriptions to accurately reflect job duties and responsibilities.
- Advise and educate managers and employees on compensation policies and procedures.
- Monitor and analyze compensation trends and make recommendations for adjustments to compensation plans as needed.
- Ensure compliance with federal, state, and local laws and regulations related to compensation and pay equity.
- Participate in salary surveys to gather data and benchmark compensation plans against similar organizations.
- Review and approve salary offers for new hires and promotions.
- Provide guidance and support for the annual performance review and merit increase process.
- Develop and maintain compensation metrics and reports to track the effectiveness of compensation programs.
- Continuously evaluate and improve compensation processes and systems to enhance efficiency and accuracy.
- Stay updated on industry trends and best practices related to compensation and communicate findings to leadership.
- Maintain confidentiality and handle sensitive employee compensation information with discretion.
- Collaborate with cross-functional teams to ensure a seamless and consistent approach to compensation across the organization.
Extensive Knowledge Of Compensation And Benefits Programs: A Compensation Consultant - Hybrid At Houston Methodist Should Possess A Deep Understanding Of Various Compensation And Benefits Programs, Including Base Pay, Incentives, Executive Compensation, And Employee Benefits. This Will Enable Them To Design And Implement Effective Compensation Strategies That Align With The Organization's Goals And Attract Top Talent.
Strong Analytical And Problem-Solving Skills: As A Compensation Consultant - Hybrid, The Ability To Analyze Complex Compensation Data, Identify Trends, And Provide Actionable Insights Is Crucial. This Requires Strong Analytical And Problem-Solving Skills, As Well As The Ability To Use Data To Make Informed Decisions And Recommendations.
Experience With Job Evaluation And Market Analysis: Houston Methodist's Compensation Consultant - Hybrid Should Have Experience Conducting Job Evaluations And Market Analysis To Determine Appropriate Salary Ranges And Ensure The Organization's Compensation Practices Are Competitive. This Includes Knowledge Of Industry Benchmarks And Compensation Trends.
Excellent Communication And Interpersonal Skills: This Role Involves Working Closely With Hr Leaders, Executives, And Employees At All Levels. Therefore, A Compensation Consultant - Hybrid Should Possess Excellent Communication And Interpersonal Skills To Effectively Communicate Complex Compensation Concepts And Build Relationships With Stakeholders.
Knowledge Of State And Federal Labor Laws: A Compensation Consultant - Hybrid Should Have A Strong Understanding Of State And Federal Labor Laws, Including The Fair Labor Standards Act (Flsa) And Equal Pay Act, To Ensure Houston Methodist's Compensation Practices Are Compliant. This Includes Staying Up-To-Date On Any Changes Or Updates To These Laws.
Performance Management
Data Analysis
Market Research
Benefits Administration
Compensation analysis
Total Rewards
Salary Benchmarking
Executive Compensation
Incentive Design
Job Evaluation
Job Classification
Communication
Conflict Resolution
Leadership
Time management
creativity
Teamwork
Adaptability
Problem-Solving
Empathy
Decision-making
According to JobzMall, the average salary range for a Compensation Consultant - Hybrid is $70,000 - $100,000 per year. However, this can vary depending on factors such as location, experience, and specific job responsibilities.
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Houston Methodist Hospital is the flagship quaternary care hospital of Houston Methodist academic medical center. Located in the Texas Medical Center in Houston, Texas, Houston Methodist Hospital was established in 1919 during the height of the Spanish influenza epidemic as an outreach ministry of Methodist Episcopal Church. Houston Methodist comprises eight hospitals, an academic institute, a primary care group, and more than 300 locations throughout greater Houston. The hospital has consistently ranked as "One of America's Best Hospitals" according to U.S. News & World Report. The hospital has earned worldwide recognition in multiple specialties including cardiovascular surgery, cancer, epilepsy treatment and organ transplantation. Houston Methodist System changed its official name to Houston Methodist in 2013.
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