Compensation Consultant

Compensation ConsultantJoin a world class academic medical center, UChicago Medicine, as a Compensation Consultant in our Compensation Department, focusing primarily on Executive Compensation. This position will be primarily a work from home opportunity with the requirement to come onsite as needed. You may be based outside of the greater Chicagoland area.Responsible for daily compensation activities, annual processes, program management and ad-hoc projects. Participates in annual compensation surveys to support market competitiveness driven by a comprehensive annual review of market data. Consults with all levels of internal external clients and vendors to provide guidance and interpretation of compensation programs, policies, and procedures/practices.Essential Job FunctionsSupports the Executive Programs and broad-based compensation areas.Executive Programs: Provides support in the preparation of board materials for the Compensation Committee. Assists with collecting and managing data for the annual and long-term incentive plans. Responsible for daily executive compensation activities, annual executive compensation processes and ad hoc projects.Manages annual/cyclical compensation processes and programs including system updates communication materials and training materials to convey timeline and expected actions.Assists in the provision of training to management as applicable.Supports union labor negotiations providing costing/financial modeling of market data resulting in recommendations regarding grade structure and wages. May participate in related committees that support negotiation sessions.Oversee pay changes through the Collective Bargaining Agreement wage grids partnering with internal departments to move contractual pay changes to schedule.Collects and submits salary survey data for various compensation surveys using online market pricing tools. Track submission timelines and survey publication dates.Utilizes Oracle Cloud HRM system to create, edit and maintain data and/or system updates related to job, position, assignment or pay data.Consults with internal HRIT or IT Technology teams as necessary to ensure all related tables, fields or formulas provide the desired result.Regularly audits data to ensure data relationships result in expected data.Partners with HRIT function to ensure mutual understanding of system design, functionality, standard report generation and problem resolution which results in improved workflow efficiency for all users.Identifies potential system enhancements or process improvements to continually improve end user experience.Performs other duties as assigned including relationship management of vendors and internal business partners.Strong analytical abilities including high aptitude in Microsoft Excel, Power Point and WordStrong analytical and problem-solving skillsExcellent verbal and written communications skills including interpersonal skills and the ability to interact positively with internal and external customersAbility to thrive in a changing environment and deal with ambiguity; function as a change agentProactive problem identification and problem-solving skills; ability to make decisions and operate independently with respect to complex issues and business requirementsCompetence in managing multiple projects simultaneously with strong results/goal orientation while meeting required deadlinesStrong project management and organizational skillsAbility to work closely with others as part of a team while being able to take full responsibility for a taskAbility to act in a professional manner and use appropriate judgment on sensitive, confidential issuesBackground in finance and financial modeling is a plusRequired QualificationsBachelor's degree in human resources, Finance or related field7 - 10 years' human resources compensation experience with knowledge of applicable federal laws and regulations, experience in market pricing, job description development, salary surveys and salary administration2-3 years with Human Resource Information Systems experiencePreferred QualificationsExperience in Executive Compensation preferredCertification in Compensation (World at Work) highly preferredPosition DetailsJob Type: Full TimeShift: Day ShiftLocation: Hyde Park (Flexible)Department: CompensationCBA Code: Non-UnionAbout UsWe've been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent and commitment… with patients and with each other. We're in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you'd like to add enriching human life to your profile, UChicago Medicine is for you. Here at the forefront, we're doing work that really matters. Join us. Bring your passion.UChicago Medicine is growing; discover how you can be a part of this pursuit of excellence at: UChicago Medicine Career OpportunitiesUChicago Medicine is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status and other legally protected characteristics.As a condition of employment, all employees are required to complete a pre-employment physical, background check, drug screening, and comply with the flu vaccination requirements prior to hire. Medical and religious exemptions will be considered for flu vaccination consistent with applicable law.Compensation & Benefits OverviewUChicago Medicine is committed to transparency in compensation and benefits. The pay range provided reflects the anticipated wage or salary reasonably expected to be offered for the position.The pay range is based on a full-time equivalent (1.0 FTE) and is reflective of current market data, reviewed on an annual basis. Compensation offered at the time of hire will vary based on candidate qualifications and experience and organizational considerations, such as internal equity. Pay ranges for employees subject to Collective Bargaining Agreements are negotiated by the medical center and their respective union.Review the full complement of benefit options for eligible roles at Benefits - UChicago Medicine.