Compensation Manager - Franklin Park, United States - RWJBarnabas Health

Description

Compensation Manager (Hybrid) - Somerset, NJ

Req #:

Category:
Professional / Management


Status:
Full-Time


Shift:
Day


Facility:
RWJBarnabas Health Corporate Services


Department:
Human Resources Benefits Mgt


Location:
RWJ - 379 Campus Dr. Somerset,
379 CAMPUS DRIVE, SOMERSET, NJ 08873


Job Overview:
Leads the development of strategic compensation initiatives, practices and programs for RWJBarnabas Health.

Ensures the quality, compliance, competitiveness, and cost effectiveness of compensation programs.

Qualifications:

Required:
Bachelor s Degree in Human Resources Management or a relevant discipline required
Solid, proven experience in a variety of compensation and consulting plans/programs
Experience in designing and administering pay plans, market pricing and analysis, salary budget development
Excellent verbal and written communication skills,
Excellent attention to detail, analytical and organizational skills,
Knowledge of human resources laws, regulations, and compensation best practices,
Strong process improvement and financial management expertise,
Self-motivated and able to work independently or as part of a cross functional team,
Demonstrated ability to communicate and work effectively with all levels of management and staff,
Advanced proficiency in Microsoft Office Word, PowerPoint, Access, Excel, Visio, Microsoft Project

Preferred:
Masters degree in human resources, business, behavioral sciences or related discipline preferred
Minimum of 8 10 years of experience in leading a compensation function preferred
Certified Compensation Professional CCP preferred
Experience with HR/payroll system PeopleSoft preferred

Scheduling Requirements:
Hybrid - Somerset, NJ
Essential Functions
Manages Compensation Specialists and other ancillary professionals, providing guidance and support to ensure the organization attracts, develops and retains top talent
Responsible for the direction, design, implementation, and administration of innovative and competitive compensation programs
Ensure proper mix of short and long range strategies to support, organize objectives
Identify emerging workforce issues related to compensation and recommend changes to programs/practices as appropriate
Analyze and develops company compensation in relation to government wage and hour regulations
Regularly reviews compensation strategies which affect salary budgets, proposals and recommends changes to existing compensation programs
Provide analysis and guidance for market/merit adjustments and options, manage job analysis and pricing, and handle all special compensation issues
Handles salary research and survey compilation
Evaluates market salary rates with respect to compensation levels for the organization
Develops recommendations for bonus, incentive and other alternative pay practices
Works with Human Resources, Payroll and Corporate HCM staff to effect changes as necessary
Acts as internal consultant on compensation plans and issues
Facilitates program design between line management and senior leadership to ensure programs are business-objective based
Provides coaching to line management and HR Vice Presidents on relevant and applicable compensation programs and practices
Consults with all levels of management regarding compensation strategies related to attraction, motivation and retention of employees
Interface with line manager as needed to provide guidance for overall compensation decisions
Facilitates management training in region-wide compensation related communication plans
Facilitates and supports compensation management for RWJBH, including the management of special compensation projects as needed

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.

Duties, responsibilities and activities may change at any time with or without notice.


Additional Information:
At RWJBarnabas Health, our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees

physical, emotional, social, and financial health.
Paid Time Off (PTO)
Medical and Prescription Drug Insurance
Dental and Vision Insurance
Retirement Plans
Short & Long Term Disability
Life & Accidental Death Insurance
Tuition Reimbursement
Health Care/Dependent Care Flexible Spending Accounts
Wellness Programs
Voluntary Benefits (e.g., Pet Insurance)
Discounts Through our Partners such as NJ Devils, NJ PAC, Verizon, and more
Choosing RWJBarnabas Health
RWJBarnabas Health is the premier health care destination providing patient-centered,
high-quality academic medicine in a compassionate and equitable manner, while delivering
a best-in-class work experience to every member of the team.

We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time.

As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health.

RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey.

From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state.

We understand the growing and evolving needs of residents in New Jersey whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.

Equal Opportunity Employer

RWJBarnabas Health is an Equal Opportunity Employer

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