The hiring range for this role is:
109,800.00 - 197,100.00This is the lowest to highest salary we, in good faith, believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the hiring range and this hiring range may also be modified in the future. A candidate’s position within the hiring range may be based on several factors including, but not limited to, specific competencies, relevant education, qualifications, certifications, relevant experience, skills, seniority, performance, shift, travel requirements, and business or organizational needs. This job is also eligible for annual bonus incentive pay.
We offer a comprehensive package of benefits including paid time off, 11 holidays, medical/dental/vision insurance, generous 401(k) matching, lifestyle spending account and many other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
As a key leader within the Total Rewards team, this role collaborates closely in developing compensation strategies. Responsibilities include managing compensation programs to enhance business and operational performance, attracting, retaining, and motivating a skilled workforce. Role provides strategic input for a comprehensive compensation program, oversee salary and bonus programs, and lead the development of strategic compensation initiatives aligned with pay equity and pay transparency philosophy strategies, reflecting our corporate goals and values. Additionally, lead and coach team, compensation consultants and external resources
Responsibilities include but are not limited to:
Primary Job Functions
Develops new compensation policies, guidelines and procedures, monitors effectiveness of existing practices and recommends plan revisions ensuring that they are cost effective and consistent with compensation trends, best practices, and corporate goals
Design, maintain and administer the company job architecture, corporate short-term and long-term incentives. Works closely with technology teams to ensure data integrity and optimal delivery of compensation administration. Manages and maintains Association wide job description database to store all updated job descriptions on-line.
As the subject matter expert for compensation, maintains processes and procedures to ensure consistency in the application of our compensation philosophy. Is a trusted advisor, continuously working to enhance pay transparency within the organization through knowledge sharing, maintaining manager resources, and fostering partnerships with key stakeholders.
Keeps apprised of relevant technology and resources to fulfill the compensation philosophy through operational effectiveness and efficiency. Maintains appropriate data integrity as well as keeps apprised of federal, state, and local compensation laws and regulations to ensure company compliance. Counsels, advises, and promotes Association compensation programs.
Provides leadership and coaching to develop team in accordance with our values and culture.
Required Education, Certifications and Experience:
Education
- Required: Bachelors Degree with an emphasis in Human Resources management or related field or equivalent experience.
Experience
Required:
10 years' experience in the compensation field
5 years' managerial experience
Certifications
Preferred:
- Human Resources/CCP certification from World at Work
- PHR or SHRM-CP orwork toward certification
Knowledge, Skills, and Abilities
- In-depth technical and analytical compensation expertise with a strong understanding of the relationship between compensation and achieving business objectives.
- Strong leadership skills required. Ability to drive multiple projects/people simultaneously and manage complex matters or processes while developing a team.
- Effective communication skills oral and written, ability to deliver clear messages as needed to partner with HRBPs, across departments and influence leadership on the best outcome.
- Advanced spreadsheet and database skills to manipulate and analyze data.
- Demonstrated abilities in research and writing skills (e.g. reports, presentations, and data collection) along with strong communication skills to translate technical language into terms all employees would understand. .
- Extensive experience in developing and directing others to deliver strategic outcomes in a complex organization.
- Ability to make timely decisions and manage multiple priorities in dynamic, ambiguous situations where there often is no precedent.
- Ability to analyze information and use experience, creativity, and good judgment to make frequent, highly complex, non-routine decisions independently without benefit of established guidelines, procedures or policies that have far-reaching impact across the organization.
Financial Responsibilities
Revenue Responsibility: No
Budget Responsibility: Yes
People Management: Yes
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What We Do
Blue Cross Blue Shield Association is a national federation of 34 independent, community-based and locally operated Blue Cross and Blue Shield companies that collectively provide health care coverage for one in three Americans. BCBSA provides health care insights through The Health of America Report series and the national BCBS Health Index.
