Compensation Consultant

Profile

What You Will Do:
Compensation Consultant
Full Time, Monday - Friday
Linthicum, MD

UMMS is currently seeking a Compensation Consultant - Fully Remote position opportunity!
The University of Maryland Medical System
is a 14-hospital system with academic, community and specialty medical services reaching every part of Maryland and beyond. UMMS is a national and regional referral center for trauma, cancer care, Neurocare, cardiac care, women's and children's health and physical rehabilitation. UMMS is the fourth largest private employer in the Baltimore metropolitan area and one of the top 20 employers in the state of Maryland. No organization will give you the clinical variety, the support, or the opportunities for professional growth that you'll enjoy as a member of our team.
General Summary
Assist in the design, development, execution and communication of the organization's total reward programs, tools and processes. Partner with Human Resources Advisory staff on compensation related matters, policies, practices and/or procedures to provide guidance and counsel to organization's leaders. Partner with Talent Acquisition on compensation hiring practices and protocols. Conducts internal equity reviews, measures external competitiveness and ensures compliance with all legal and regulatory requirements.
Work closely with Director of Compensation in the management of compensation programs, including annual compensation review and incentive/bonus plan administration. Participates in compensation analysis, benchmarking of roles and job evaluation and description creation. Reviews results of salary surveys, evaluates market and economic trends, compiles, analyzes and interprets data to recommend salary ranges, adjustments and hiring rates for salary structures and individual rates. Works with Talent Acquisition and department management to set hiring salaries to maintain market competitiveness as well as internal equity.
Participates in annual merit review and market adjustment review and analysis. Coordinates activities, as needed, with HR Technology and HR Operations.
Under the guidance of the Director Compensation, administers premium pay, bonus and incentive programs and ensures that appropriate documentation is maintained and all procedures are followed. Provides input for any modifications or changes in incentive programs.
Understands annual budgeting process and performs analysis of monthly performance reports and biweekly payroll to assist management in monitoring these expenses.
Provides technical input to compensation communications and directly assists in communicating new/revised programs and initiatives when needed.
Manages assigned compensation projects, including writing of proposals/recommendations, implementation and maintenance of cost effective and legally compliant compensation programs and practices. Execute compensation reviews using all appropriate tools, techniques, templates, policies and procedures.
Investigates requests for the study of existing, new or modified jobs throughout the Medical System. Reviews and evaluates requests for position reclassifications. Establishes new positions and reclassifies incumbent employees in accordance with UMMS Human Resources compensations policies and procedures. Works closely with H.R. Business Advisory partners and department management involved in restructuring and reorganization offering technical guidance and expertise and assuring appropriateness of new/revised job classifications, job hierarchy and related issues. Suggests combinations of job functions and qualifications to develop career ladders and logical progression of jobs within the various job families.
What You Need to Be Successful:
Bachelor's degree in Business Administration, Human Resources/Personnel Administration, Psychology or a related area of study is required.
Six (6) years professional Human Resources, compensation-related experience, including job analysis and salary review and administration, or equivalent, is required. Healthcare experience preferred.
Demonstrated knowledge of compensation/salary administration principles and practices and compensation issues related to base salary design, bonus/incentive pay, job evaluation, federal and state regulations impacting total rewards including FLSA and wage and hour laws, EEOC/ADA regulations and record maintenance/reporting requirements.
Knowledge of compensation analytic methods, trends and reward theory required, especially as they relate to healthcare.
Strong analytical and organizational skills and demonstrated business acumen required.
PC skills in word processing and spreadsheet software and use of HRIS (Lawson preferred) are required.
Highly effective verbal, interpersonal and written communication skills are necessary to work with supervisory, management, medical, nursing, administrative staff, various hospital personnel and the community.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

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