Job description
JOB SUMMARY
At Houston Methodist, the Compensation Consultant position is responsible for working and consulting with assigned clients, performing compensation project work, market pricing reviews, pay equity cost modeling, compensation program administration, compensation policy reviews, pay plan maintenance, and analysis and data preparation to support various pay programs.
PRIMARY JOB RESPONSIBILITIES
Job responsibilities labeled EF capture those duties that are essential functions of the job.
PEOPLE - 20%
- Serves as a resource and trainer for new compensation staff; orients, team members to help build confidence and competency in Houston Methodist systems and compensation practices. (EF)
- Consults with HR partners on operational challenges that impact compensation. In conjunction with Compensation leadership, develops recommendations within compensation guidelines in support of operations.
- Advises management and HR partners regarding effective use of pay plan policies, practices and tools. Participates in training of new HR partners to effectively operationalize compensation policies and practices.(EF)
- Promotes a positive work environment and contributes to a dynamic, team-focused work unit that actively helps one another to achieve optimal departmental and organizational results. (EF)
SERVICE - 25%
- In coordination with Compensation leadership, plans and completes compensation projects to support system organizational initiatives. Considers flexible modeling and proposals to balance operational and financial considerations. (EF)
- Assists in special projects with HR partners, in collaboration with operations leaders as needed as it relates to unique job evaluations, market analysis, compensation program administrations, pay for performance initiatives or related compensation issues. (EF)
- Prepares cost analysis associated with pay adjustments or pay program initiatives. (EF)
QUALITY/SAFETY - 25%
- Audits compensation programs and data for assigned projects to ensure accuracy of reporting and payout. Assist colleagues and clients to ensure accuracy of data. (EF)
- Utilizes specialized compensation software to create reports and maintain information on market analysis and pay structures. Performs data management functions and, solves problems related to data integrity. (EF)
- Assesses, analyzes and consults on compensation requests and the impact across entities as well as the entire system. Adheres to all Department of Labor (DOL) and governing body requirements. (EF)
FINANCE - 15%
- In collaboration with leadership, provide compensation recommendations that offer adaptability for changes in financial or operational goals. (EF)
- Maintains pay tables and salary structure data, participates in survey submissions, presents information to stakeholders as appropriate.
- Assessing and evaluating the utilization and participation in various annual compensation salary surveys to ensure maximum return on investment. (EF)
GROWTH/INNOVATION - 15%
- Partners with Information Technology, Human Resources Information Systems (HRIS), and other departments as needed to promote accuracy of data and process improvements. Offers innovative solutions through participation in performance improvement projects and activities. (EF)
- Identifies and assumes responsibility of own learning needs and seeks continuing education opportunities to meet those needs. Completes and updates the My Development Plan on an on-going basis. Ensures own career discussions occur with appropriate management. (EF)
This job description is not intended to be all inclusive; the employee will also perform other reasonably related business/job duties as assigned. Houston Methodist reserves the right to revise job duties and responsibilities as the need arises.
EDUCATION REQUIREMENTS
o Bachelor’s degree in business, HR management or related field
EXPERIENCE REQUIREMENTS
o Three years of Human Resources experience which includes one year of compensation (e.g.
market pricing pay equity review, modeling and costing, manipulation and analysis of data).
o Prior experience with HR/Compensation application systems preferred
SUPPLEMENTAL REQUIREMENTS
On-Call* No
- Note that employees may be required to be on-call during emergencies (ie. Disaster, Severe Weather Event, etc) regardless of selection above.
Travel**
May require travel outside No
Please note any other special considerations to this job: __________________________
Company Profile:
Houston Methodist is one of the nation’s leading health systems and academic medical centers. Houston Methodist consists of eight hospitals: Houston Methodist Hospital, its flagship academic hospital in the heart of the Texas Medical Center, and seven community hospitals throughout the greater Houston area. Houston Methodist also includes an academic institute, a comprehensive residency program, a global business division, numerous physician practices and several free-standing emergency rooms and outpatient facilities. Overall, Houston Methodist employs more than 27,000 employees and is supported by a wide variety of business functions that operate at the system level to help enable clinical departments to provide high quality patient care.
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