Senior Compensation Partner

Posted 20 Days Ago
Be an Early Applicant
75062, Irving, TX
77K-128K Annually
Senior level
Analytics • Consulting
The Role
The Senior Compensation Partner will develop, design, and manage the company's compensation programs. Responsibilities include advising on compensation matters, overseeing merit reviews, participating in sales compensation management, conducting competitive salary analysis, and ensuring compliance with regulations. The role also involves collaborating with HR Business Partners and managing job profiles in HR systems.
Summary Generated by Built In

When you’re the best, we’re the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves. We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary:

In this role, you will assist in the development, design, implementation, and management of company compensation programs.  You will act as an advisor and technical expert on compensation-related matters. You will administer compensation programs and activities while ensuring internal equity, external competitiveness, and compliance with all applicable laws, regulations, and organizational policies. 

Responsibilities:

  • Support compensation strategy by developing, recommending, implementing, and maintaining base salary and variable pay programs.
  • Oversee the merit review cycle and annual incentive cycles.
  • Participate in sales compensation plan management including eligibility determinations and plan design.
  • Participate in compensation surveys to collect and analyze competitive salary information to determine company's competitive position.
  • Initiate market pricing and job evaluation activities, including matching internal positions to external data and formulating recommendations.
  • Maintain job profiles and ensure accuracy of data in Human Resource (HR) systems. (Set up, maintain and audit compensation in Workday software).
  • Audit pay practices to ensure compliance with federal and state legislation applicable to wage and hour laws and regulations.
  • Partner with HR Business Partners and Management on routine activities, ad hoc requests and projects.

Qualifications:

  • Relevant degree in Business, Human Resources or related field preferred.
  • 5 or more years of relevant work experience in employee compensation required.
  • Workday experience strongly preferred.
  • Knowledge of all federal, state and local regulations and compliance requirements as they apply to base compensation and incentive compensation programs.
  • Broad, practical knowledge of Compensation and Human Resource Information System techniques and methods.
  • Ability to analyze and interpret data and statistics associated with compensation tasks.
  • Highly organized, able to multitask with the ability to prioritize competing demands, meet deadlines and quickly adapt to change.
  • Proficient in MS Office Suite (Microsoft Excel, Word and PowerPoint, etc.)
  • Significant attention to detail in the maintenance of spreadsheets, databases and communications.
  • Strong business acumen and the ability to respond to request for information in a courteous manner.
  • Strong oral and written skills to prepare comprehensive and clear written documents, presentations and policies.
  • Excellent organization and time management skills to manage competing priorities.

#LI-JS1

#IDS

Estimated Hiring Range:

At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $77,400.00 to $127,600.00.

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here:

http://www.vizientinc.com/about-us/careers

Equal Opportunity Employer:   Females/Minorities/Veterans/Individuals with Disabilities

The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

The Company
HQ: Irving, TX
5,661 Employees
On-site Workplace
Year Founded: 1977

What We Do

Vizient, Inc., the nation’s largest health care performance improvement company, serves more than 50% of the nation’s acute care providers, which includes 97% of the nation’s academic medical centers, and more than 20% of ambulatory care providers. Vizient provides expertise, analytics and advisory services, as well as a contract portfolio that represents more than $130 billion in annual purchasing volume.

Vizient is based in Dallas and has offices in 20 metropolitan areas across the United States. We have 4,000 employees with a breadth of expertise, experience and compassion, who are eager to develop and implement solutions that advance health care for the greater good.

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