Manager-Compensation

Manager-Compensation

Location Chicago, Illinois

Business Unit Northwestern Medicine Corporate

Job REQID 226222

Job Function HR/Academy

Shift Day Job (1st)

Type of Employment Full-Time

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The salary range for this position is $58.46 - $84.77 (Hourly Rate)

Placement within the salary range is dependent on several factors such as relevant work experience and internal equity. For positions represented by a labor union, placement within the salary range is guided by the rules outlined in the collective bargaining agreement.

We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. Please visit our Benefits(opens in new window) section located at jobs.nm.org/benefits to learn more.

Northwestern Medicine is powered by a community of colleagues who are purpose-driven and committed to our mission to deliver world-class care. Here, you'll work alongside some of the best clinical talent in the nation leading the way in medical innovation and breakthrough research with Northwestern University Feinberg School of Medicine.

We recognize where you've been, and we support where you're headed. We celebrate diverse perspectives and experiences, which fuel our commitment to equity and culture of service.

Grow your career with comprehensive training and development opportunities, mentorship programs, educational support and student loan repayment.

Create the life you envision for yourself with flexible work options, a Reimbursable Well-Being Fund and a Total Rewards package that support your physical, mental, emotional, and financial well-being.

Make a difference through volunteer opportunities we offer in local communities and drive inclusive change through our workforce-led resource groups.

From discovery to delivery, come help us shape the future of medicine.

Benefits:

$10,000 Tuition Reimbursement per year ($5,700 part-time)

$10,000 Student Loan Repayment ($5,000 part-time)

$1,000 Professional Development per year ($500 part-time)

$250 Wellbeing Fund per year ($125 for part-time)

Matching 401(k)

Excellent medical, dental and vision coverage

Life insurance

Annual Employee Salary Increase and Incentive Bonus

Paid time off and Holiday pay

Description

The Compensation Manager reflects the mission, vision, and values of NM, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards.

This position will have responsibility for overseeing the day-to-day operations, identifying areas for improvement and making recommendations for the Company’s compensation programs. The Compensation Manager will work with a broad range of internal customers assisting them with application of the Company’s compensation programs (Director level and below) and recommending solutions for internal or external inequities.

Responsibilities:

Oversee data gathering, interpret information and assist in design and preparation of materials presented to Senior Management in support of annual Salary Increase Budget and Bonus Programs.

May lead enterprise wide programs, such as the annual incentive program.

Advise department managers on matters regarding compensation policy and practice, including merit increases, equity adjustments, interim assignments, promotions and demotions.

Directs Compensation Analyst in evaluating jobs (new, existing and revised), create job descriptions, analyze market data, compare internal equity and make salary and pay grade recommendations as appropriate.

Define and oversee process for market pricing benchmark positions. Assist in making recommendations and presenting findings to senior management.

Ensure market competitiveness by participating in salary surveys. Utilize data bases to analyze compa ratios and pay differentials based upon experience.

Ensure compliance with Department of Labor Wage and Hour rules as it relates to exempt and non-exempt status, application of overtime calculations and other regulatory matters.

Ensure compliance with writing and coding job description in relation to licensure and certification requirements under The Joint Commission.

Qualifications

Required:

Bachelor's Degree (B.A., B.S.)

Minimum of 5 years compensation experience with prior managerial experience

Preferred:

Master's Degree (M.S., M.S., M.B.A.)

CCP and/or CBP

Strong financial background (accounting, finance)

Equal Opportunity

Northwestern Medicine is an equal opportunity employer (disability, VETS) and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.

Background Check

Northwestern Medicine conducts a background check that includes criminal history on newly hired team members and, at times, internal transfers. If you are offered a position with us, you will be required to complete an authorization and disclosure form that gives Northwestern Medicine permission to run the background check. Results are evaluated on a case-by-case basis, and we follow all local, state, and federal laws, including the Illinois Health Care Worker Background Check Act.

Artificial Intelligence Disclosure

Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position, however, all employment decisions will be made by a person.