Compensation Consultant, Sr

Texas Children's Hospital
Houston, TX Other
POSTED ON 5/8/2024

Job Summary

We are searching for a Senior Compensation Consultant -- someone who works well in a fast-paced setting. In this position, you will plan, implement, and facilitate the management of the compensation practices and policies of Texas Children's for staff and/or physicians. Provides technical expertise on compensation practices,

innovations, and legal practice

 

Think you’ve got what it takes?

 

Responsibilities

  • Leads projects and market studies from inception to implementation, including analysis of data, salary recommendations, cost projections, presentations, and communication plans, in accordance with the project timeline
  • Coaches’ leaders on clarifying and improving job design, organizational structure, career paths, job functions, qualifications, and communication of Texas Children’s compensation philosophy while evaluating consistency with organizational standards and job classification guidelines by requested deadlines
  • Accumulates and analyzes relevant market data on pay practices, programs, and economic trends as needed
  • Ensures library of relevant survey sources Participates in and/or guides other team members in the participation of surveys according to survey publication deadlines
  • Develops training programs and communications for the development of leaders throughout the organization on such topics as compensation education and current compensation programs/issues by requested deadlines
  • Designs new or revises current programs and policies. Prepares recommendations to Director or other reviewing authority, and resolves problems by the agreed-upon deadline
  • Develops and monitors audits and prepares ad hoc and system reports and programs as needed and by requested deadlines
  • Lead projects and market studies from inception to implementation, including analysis of data,
  • salary recommendations, cost projections, presentations, and communication plans, in accordance with project timelines
  • Coach leaders on clarifying and improving job design, organizational structure, career paths, job functions qualifications, and communication of Texas Children’s compensation philosophy while evaluating consistency with organizational standards and job classification guidelines by requested deadlines
  • Evaluate new and existing jobs using a market-based job evaluation system, which includes analyzing appropriate market data and internal slotting comparisons
  • Present recommendations to the leadership as appropriate
  • Prepare annual compensation budget recommendations and presentations to executive leadership in accordance with project timelines
  • Research market trends and data to project compensation needs
  • Analyze the organization's current market position through the completion of an annual benchmark analysis by established deadlines
  • Identify below-market jobs and recommends appropriate market adjustments
  • Recommend pay-for-performance guidelines and educates leaders on effective rewards strategies
  • Ensures that accurate merit increase/performance review notification materials are distributed by HR Assistant/Comp Analyst prior to and overdue review notification materials following the merit review date
  • Approve or take steps to resolve issues with merit increases

Qualifications

  • Being fully vaccinated against COVID-19, including any booster dose(s) of the COVID-19 vaccine recommended by the Centers for Disease Control when eligible, is required for all employees at Texas Children’s, unless approved for a medical or religious exemption.
  • Bachelor's Degree Required; Master's Degree In Business, Human Resources, Or Related Discipline Preferred
  • 2 years Compensation Experience and Experience With Peoplesoft, Marketpay, Jdxpert, And Kronos
  • Certification as a Certified Compensation Professional by WorldatWork is preferred

 

Company Profile

Since 1954, Texas Children’s has been leading the charge in patient care, education and research to accelerate health care for children and women around the world. When you love what you do, it truly shows in the smiles of our patient families, employees and our numerous accolades such as being consistently ranked as the best children’s hospital in Texas, and among the top in the nation by U.S.News & World Report as well as recognition from Houston Business Journal as one of this city’s Best Places to Work for ten consecutive years.

 

Texas Children’s comprehensive health care network includes our primary hospital in the Texas Medical Center with expertise in over 40 pediatric subspecialties; the Jan and Dan Duncan Neurological Research Institute (NRI); the Feigin Center for pediatric research; Texas Children’s Pavilion for Women, a comprehensive obstetrics/gynecology facility focusing on high-risk births; Texas Children’s Hospital West Campus, a community hospital in suburban West Houston; and Texas Children’s Hospital The Woodlands, the first hospital devoted to children’s care for communities north of Houston. We have also created the nation’s first HMO for children, established the largest pediatric primary care network in the country and a global health program that is channeling care to children and women all over the world. Texas Children’s Hospital is also academically affiliated with Baylor College of Medicine, one of the largest, most diverse and successful pediatric programs in the nation.

 

To join our community of 14,000 dedicated team members, visit texaschildrenspeople.org for career opportunities. You can also learn more about our amazing culture at infinitepassion.org. At Texas Children’s Hospital, diversity, equity, and inclusion are at the core of our values and mission for the women and children that we serve. We are committed to providing a diverse and inclusive work environment for all faculty, staff and learners throughout our organization. We believe that each member of our one amazing team provides enrichment that allows us to create a lasting legacy for future employees of this great organization.

 

 

Texas Children’s is proud to be an equal opportunity employer. All applicants and employees are considered and evaluated for positions at Texas Children's without regard to mental or physical disability, race, color, religion, gender, national origin, age, genetic information, military or veteran status, sexual orientation, gender identity, marital status or any other protected Federal, State/Province or Local status unrelated to the performance of the work involved.

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