Physician Compensation Consultant

Major Responsibilities:

1.Consults with Executive Committee. Serves as liaison to physician leadership in physician compensation design, evaluation changes, or interpretations of compensation plans or amendments
2. Keeps abreast of trends in physician compensation marketplace, including change from volume to value, and proposes changes to current physician compensation plans to keep pace with the market within legal and regulatory requirements.

3. Performs financial modeling on new and existing design to ensure plans meet objectives, financials and are compliant.
4.Consults with leadership across the organization and Executive Committee on the development of new roles and department structure changes for Physician comp or physician/APP.
5.Serves as the subject matter expert in providing information on market trends and pay strategies that impact Physician compensation.
6.Partners with executive leadership to determine which market surveys to participate in. Oversees interpretation of survey results to ensure competitive position regarding benchmark jobs and the local, regional, and national markets.
7.Serves as a project lead in the development and delivery of communication and training related to compensation.
8.Partner in the development and implementation of new policies, consulting with Executive Committee and leadership throughout the organization and provides input and oversight into the updating of existing policies.
9.Partner with Physician recruitment on more complex compensation offers for Clinician staff consulting with the Manager as needed.
10.Makes recommendations for the continuous quality improvement strategies for Physician compensation programs.

Education and Learning:

REQUIRED

Bachelor's degree in Business or a related field

Work Experience

REQUIRED

5 years of progressive experience in Physician Compensation including design and evaluation of compensation structures and processes, need to have worked with physicians and other leaders.

DESIRED

Experience in a healthcare environment

License and Certifications:

N/A

Age Specific Population:

N/A

Osha Category:

Category 3 - Employees in this job title have no reasonably anticipated risk of occupational exposure to blood and/or other potentially infectious materials.

Environmental Conditions:

Not substantially exposed to adverse environmental conditions (as in typical office work)

Physical Requirements/Demands of The Position

Sitting Continually (67-100% or 8 hours)

Repetitive Actions - Fine Manipulation Continually (67-100% or 8 hours)