Vanderbilt University Medical Center

Compensation Manager

Vanderbilt University Medical Center

full-time

Posted on:

Origin:  • 🇺🇸 United States • Tennessee

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Job Level

Mid-LevelSenior

About the role

  • The compensation team provides internal compensation and classification consulting, job analysis, pay data collection and evaluation, pay structures, organizational structures, job classifications, market competitiveness and compliance.
  • Oversee the development, implementation, and administration of new and revised compensation programs.
  • Monitor the effectiveness of existing compensation practices and recommend changes consistent with trends and university objectives.
  • Manage salary survey participation and recommend actions to ensure market competitiveness.
  • Monitor federal, state, and local compensation laws and regulations to ensure compliance.
  • Review and analyze position descriptions for level and classification, market relevance, and internal equity.
  • Provide analysis for pay decisions and job evaluations and deliver timely, customer-focused deliverables.
  • Prepare materials, analyze data, interpret results, and maintain documentation for audit purposes.
  • Provide guidance and interpretation of compensation procedures and policies, including developing offers and addressing inquiries.
  • Review and monitor compensation resources and projects and implement improvements as necessary.
  • Manage special projects such as designing career architecture, job codes, salary structures, and partnering with IT for system integrations.
  • Produce research-driven data on executive compensation and assist in designing executive compensation and incentive strategies.
  • Build and maintain strong working relationships with departmental stakeholders and centralized HR team members.

Requirements

  • A Bachelor’s degree from an accredited institution of higher education is strongly preferred.
  • Professional certification in human resources or compensation is preferred.
  • At least four years of relevant professional experience is necessary.
  • Knowledge of trends and developments in compensation, including relevant legal issues is necessary.
  • Demonstrable experience utilizing Microsoft Excel, including the creation of v-lookups and pivot tables is necessary.
  • Experience with data analysis and interpretation is necessary.
  • Experience with research and data mining is necessary.
  • Demonstrable communication skills, both verbally and in writing is necessary.
  • Relevant experience or coursework in Compensation, Human Resources and Benefits, or Business/Finance/Math is strongly preferred.
  • Ability to work effectively with a wide range of constituencies in a diverse community is strongly preferred.