Humana

Compensation Principal

Humana

Louisville, KY, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Join our team at Humana as a Compensation Principal and make a meaningful impact on the lives of millions of people. We are seeking a highly skilled and experienced professional to lead our compensation strategy and ensure that our employees are fairly and competitively compensated. As a Compensation Principal, you will have the opportunity to develop and implement innovative compensation programs that attract and retain top talent, while also aligning with our company's values and goals. We are looking for a dynamic individual with a strong understanding of market trends, a passion for data analysis, and the ability to effectively communicate complex concepts to diverse stakeholders. If you are a strategic thinker, a team player, and are committed to creating a positive and inclusive work environment, we encourage you to apply for this exciting opportunity.

  1. Develop and implement a comprehensive compensation strategy that aligns with the company's values and goals.
  2. Research and analyze market trends to ensure the company's compensation packages are competitive and in line with industry standards.
  3. Lead the design, development, and implementation of innovative compensation programs that attract and retain top talent.
  4. Collaborate with HR and leadership teams to ensure compensation programs are aligned with the company's overall goals and objectives.
  5. Conduct regular audits and reviews of existing compensation programs to ensure fairness and effectiveness.
  6. Utilize data and analytics to make informed decisions and recommendations on compensation packages.
  7. Communicate complex compensation concepts and strategies to diverse stakeholders, including senior leadership, HR, and employees.
  8. Serve as a subject matter expert on compensation-related matters and provide guidance and support to HR and leadership teams.
  9. Stay updated on industry trends and best practices in compensation to continuously improve the company's compensation strategy.
  10. Foster a positive and inclusive work environment by promoting fairness and transparency in compensation practices.
Where is this job?
This job is located at Louisville, KY, USA
Job Qualifications
  • Bachelor's Degree In Human Resources, Business Administration, Finance, Or Related Field.

  • Minimum Of 7 Years Of Experience In Compensation Strategy And Design, Preferably In A Healthcare Or Insurance Industry.

  • Strong Understanding Of Compensation Laws, Regulations, And Best Practices.

  • Experience In Developing And Implementing Compensation Programs And Policies That Align With Organizational Goals And Objectives.

  • Excellent Analytical And Problem-Solving Skills, With The Ability To Interpret Complex Data And Make Strategic Recommendations.

Required Skills
  • Performance Management

  • Data Analysis

  • Market Research

  • Benefits Administration

  • Job Analysis

  • Compliance Management

  • Payroll Management

  • Compensation Strategy

  • Salary Benchmarking

  • Executive Compensation

  • Incentive Program Design

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Compensation Principal in Louisville, KY, USA is $96,000-$130,000 per year. However, this can vary depending on the specific company, industry, and individual qualifications and experience.

Additional Information
Humana is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 11th, 2024
Apply BeforeSeptember 18th, 2025
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About Humana

Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. Its strategy integrates care delivery, the member experience, and clinical and consumer insights to encourage engagement, behavior change, proactive clinical outreach and wellness for the millions of people they serve across the country. The company operates its business through the following segments: Retail, Group, and Healthcare Services.

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