Top Compensation Executive jobs in Wichita, KS
Top Compensation Executive leads an organization's compensation department. Champions timely and robust data collection and analysis processes that support research and market, pay equity, and other compensation studies. Being a Top Compensation Executive is responsible for leading the strategic planning of compensation and equity programs, ensuring those programs align with organizational goals, initiatives, and budgets. Ensures proper collection and analysis of compensation data, including surveys, market research and analysis, and pay equity. Additionally, Top Compensation Executive keeps abreast of regulatory, market, and practice changes and trends. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to top management. The Top Compensation Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Compensation Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Recently Added Top Compensation Executive jobs
Compensation Consultant
- Harvard Medical Faculty Physicians
-
Park, KS
FULL_TIME
-
The Physician Compensation Consultant provides leadership and support for departments to strategize and develop physician compensation plans that are consistent with the Compensation Philosophy of the organization. Advises HMFP senior leadership, Chiefs, and CAO’s on physician compensation practices that are aligned with market best practices and benchmarking. Role will also support organization in developing and maintaining appropriate compensation levels for Advanced Practice Providers (APP’s). Position has a dual reporting relationship to the VP, CFO and CHROThe following statements are intended to describe the general nature and level of work being performed by individuals assigned to this position. They are not intended to be an exhaustive list of all duties, responsibilities and skills required of this positionDuties and Responsibilities
- Supports the organization and the departments with the development of physician compensation strategies and models which align with financial objectives, HMFP Compensation Philosophy, and incentivize physician productivity and performance.
- Supports departments and develops/distributes reporting tools which includes physician productivity and comparisons to benchmarks and variance analysis accordingly.
- Supports departments to conduct the evaluation and analysis of physician compensation using market data to determine competitive pay levels
- Continually analyzes the market and physician compensation practices as well as best practices with regard to model design and application to ensure market competitiveness.
- Consults with outside experts on physician compensation plan design to ensure plans are effective and up to date and consistent with market practices.
- Provides recommendations for improvements of physician performance based incentives.
- Identify opportunities and enhancements to physician compensation plans. This can include both quantitative and non-quantitative measures
- Partners with external consultants to determine the market and compensation practices of local competitors as well as best demonstrated practices with regard to application and management of the programs and practices.
- Insures that recommendation on compensation models are compliant with FMV guidelines, internally equitable, and the model structurally performs properly and consistently.
- Leads a variety of high-level compensation projects and studies for HMFP. These will include recommending components of physician compensation models and understanding how those components affect outcomes, cost, and reimbursement.
- Develop(s) communication materials required to communicate and understand compensation models.
- Supports the CFO and CHRO in preparation of documents and analysis for HMFP BOD Compensation Committee.
- Plays a key role in supporting recruitment and new business ventures involving compensation of physicians.
- Develops appropriate compensation measurements for various dimensions to monitor performance and variances. Directs and performing analysis of productivity by measuring visits, procedures, relative value units, charges and collections.
- Participates in the pro forma analysis calculations for physician staff additions, startup practices and potential practice acquisitions.
- Develops and communicates the process for managing compensation plans by working collaboratively with leadership to identify physician compensation issues and make effective recommendations.
- Develops, implements and evaluates financial physician compensation policies and procedures in collaboration with other finance leadership to ensure efficient transaction processing and to standardize practices and minimize future risks.
- Collaborates with human resources team to ensure physician compensation practices align with broader compensation and human resources practices and procedures.
- Develops and administers policies and procedures to accomplish department-specific and organizational initiatives.
- Supports the compensation work for other HMFP roles including but not limited to APP’s.
Qualifications and Personal AttributesA minimum of five years of progressively responsible experience in physician compensation that includes experiences in developing, implementing, and evaluating physician compensation strategies and productivity analysis.Bachelor’s degree required. Master’s degree in Business, Healthcare Administration, Human Resources, Organizational Development, or related field preferred.- Demonstrated leadership skills and abilities. Leadership experience should include healthcare compensation experience preferably with physician compensation.
- Knowledge of various types of physician compensation plans, compensation theories, and best practices.
- Knowledge of and skills in performing physician cost accounting analysis to improve practices.
- Skills in analyzing, interpreting, and reporting data to identify opportunities and trends. Skills in analyzing quantitative and qualitative material and reach sound conclusions.
- Excellent verbal and written communication skills. Ability to communicate and collaborate effectively with all levels of employees, management, executives, and other organizations. Demonstrated ability to explain complex financial issues to non-financial staff and leadership.
Competencies:- Decision Making: Decisions have significant, broad implications for the management and operations of a major department or multiple departments. Participates in decisions on overall strategy and direction of the organization.
- Problem Solving: Problems are broad, complex and abstract, often involving Medical Center-wide issues and requiring substantial creativity, resourcefulness, staff engagement, Lean diagnostic techniques, negotiation and diplomacy to develop solutions.
- Independence of Action: Sets direction and vision for major departments or multiple departments. Establishes priorities, develops policies and allocates resources.
- Written Communications: Ability to communicate complex information in English effectively in writing to all levels of staff, management and external customers across functional areas.
- Oral Communications: Ability to verbally communicate complex concepts in English and address sensitive situations, resolve conflicts, negotiate, motivate and persuade others.
- Knowledge: Ability to demonstrate in-depth knowledge of concepts, practices and policies with the ability to use in complex varied situations.
- Team Work: Ability to lead and direct multiple collaborative teams for large projects or groups both internal and external to the Medical Center, HMFP and across functional areas. Results have significant implications for the management and operations of the organization.
Social/Environmental Requirements:Work requires close attention to task to be accurately completed. Intermittent breaks during the work day do not compromise the work. Work requires constant response to changing circumstances and using new information to adjust approach and to quickly respond to new needs. No substantial exposure to adverse environmental conditions Health Care Status: NHCW: No patient contact.- Health Care Worker Status may vary by departmentSensory Requirements:Close work (paperwork, visual examination), Color vision/perception, Visual clarity <3 feet, Conversation, Monitoring Equipment, Telephone.Physical Requirements:Sedentary work: Exerting up to 20 pounds of force frequently to move objects. Sitting most of the time, with walking and standing required only occasionally.The job requires constant sitting, keyboard use, frequent grasping and fine manipulation using on - 1 Month Ago
Assistant Teacher
- Top School South LLC
-
Wichita, KS
FULL_TIME
- TOP is looking for cheerful, Assistant Teachers, and Assistant Teacher Floats at all three schools located in Wichita, KS. TOP South - 4600 S. Clifton / TOP North - 2330 N. Opportunity Dr. / TOP North...
- 21 Days Ago
Lead Teacher
- Top School South LC
-
Wichita, KS
FULL_TIME
- TOP Early Learning Center is looking for fun loving, happy, year around licensed Lead Teachers for our USD Pre-K classrooms at TOP Northwest 2665 N. Arkansas - TOP North 2330 N. Opportunity Drive, and...
- 1 Day Ago
Assistant Teacher (AT)
- Top School South LC
-
Wichita, KS
FULL_TIME
- Teacher Assistant Job Description: TOP is looking for cheerful, Assistant Teachers, and Teacher Assistant Floats at all three schools located in Wichita, KS. TOP South - 4600 S. Clifton / TOP North - ...
- 1 Day Ago
Bbw top seller uptown
- L Brands
-
Hutchinson, KS
FULL_TIME
- Description Supports delivering sales plan through selling effectiveness and by meeting or exceeding individual sales goals. Selling Effectiveness : Consistently execute to the selling model Meet or e...
- 30 Days Ago
Compensation & Benefits Administrator
- Schwartz Farms, Inc.
-
Herington, KS
FULL_TIME
- Become a part of the #bestteamever! ESSENTIAL FUNCTIONS: The Compensation & Benefits Administrator coordinates and manages the employee compensation and benefits programs, ensuring both are strategica...
- 16 Days Ago
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0 Top Compensation Executive jobs found in Wichita, KS area
Human Resources Business Partner III
- OneMCI
-
Wichita, KS
- Wichita, KS Full-Time Salary + Bonus $45000 - $60000 / year MANAGEMENT: Paid Time Off, Medical, Dental, Vision, Life Ins...
- 4/24/2024 12:00:00 AM
Human Resources Business Partner II
- MCI Military Recruitment
-
Wichita, KS
- POSITION OVERVIEW: HUMAN RESOURCE BUSINESS PARTNER SUPPORTING MULTIPLE NORTH AMERICA LOCATIONS Grow your skill-sets or s...
- 4/24/2024 12:00:00 AM
Surgical Technologist
- Ascension Health
-
Wichita, KS
- **Details** + **Sign-on bonus:** Up to $10,000.00! + **Department:** Surgery + **Schedule:** Full-time, mid-shift, worki...
- 4/23/2024 12:00:00 AM
Physician - Interventional Cardiology
- Ascension Health
-
Wichita, KS
- **Details** + **Specialty:** Interventional Cardiology + **Call Schedule:** 1:5 + **Practice Detail:** Join a robust car...
- 4/22/2024 12:00:00 AM
Digital Customer Service Representative
- INTRUST Bank
-
Wichita, KS
- At INTRUST Bank, 10 character qualities are at the foundation of all we do. They include respect, positivity, compassion...
- 4/22/2024 12:00:00 AM
Remote - Talent Acquisition Consultant
- Life Balance Transition
-
Wichita, KS
- "Don't fear failure. Fear being in the exact same place next year as you are today." Michael Hyatt Are you currently nav...
- 4/21/2024 12:00:00 AM
MA Medical Assistant - Pulmonary
- Ascension Health
-
Wichita, KS
- **Details** + **Sign-on bonus: $2,000** + **Department: Pulmonary** + **Schedule: Monday-Friday, 8am-5pm.** + **Clinic: ...
- 4/21/2024 12:00:00 AM
Accounts Payable Specialist
- IMA Financial Group, Inc.
-
Wichita, KS
- What Youll Do: Assist with the insurance carrier accounts payable function for all locations operations, including but n...
- 4/21/2024 12:00:00 AM
About Wichita, Kansas
Downtown Wichita is at 37°41′20″N 97°20′10″W / 37.68889°N 97.33611°W / 37.68889; -97.33611 (37.688888, −97.336111), at an elevation of 1,299 feet (396 m). Wichita is in south-central Kansas at the junction of Interstate 35 and U.S. Route 54. Part of the Midwestern United States, it is 157 mi (253 km) north of Oklahoma City, 181 mi (291 km) southwest of Kansas City, and 439 mi (707 km) east-southeast of Denver.
The city lies on the Arkansas River near the western edge of the Flint Hills in the Wellington-McPherson Lowlands region of the Great Plains. The area's topography is characterized by...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Top Compensation Executive jobs
$228,025 to $326,264
Wichita, Kansas area prices
were up 1.3% from a year ago
were up 1.3% from a year ago
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