JOB SUMMARY: Responsible for planning, designing, implementing and administering compensation programs independently. Works collaboratively with partners to ensure the compensation program supports and is aligned with both short and long term organizational objectives. Ensures compensation programs comply with applicable regulations and policies. Assists with strategic compensation initiatives.
Evaluates compensation processes and systems and implements improvements.
Trains HR partners on compensation policies and practices.
Participates in and analyzes results from salary surveys to assess market competitiveness.
Performs market and equity analysis of positions to assess salaries.
Determines proper classifications of new and existing positions.
Performs job evaluations and provides salary recommendations.
Works with partners and leaders to provide staff with job structure.
The responsibilities listed are a general overview of the position and additional duties may be assigned.
TECHNICAL CAPABILITIES:
COMPENSATION ANALYSIS AND DESIGN (ADVANCED): - The analysis and design of base and specialty pay programs.
COMPENSATION PLANNING (ADVANCED): - Anticipates future compensation needs and determines actions or resources needed to reach organizational objectives.
ANALYTICAL SKILLS (ADVANCED): - The process of identifying, evaluating, interpreting and organizing data. It includes sorting through data to identify patterns and establish relationships for decision making.
PROJECT MANAGEMENT (ADVANCED): - Planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives.
CORE ACCOUNTABILITIES:
Organizational Impact: Independently delivers on objectives with understanding of how they impact the results of own area/team and other related teams.
Problem Solving/ Complexity of work: Utilizes multiple sources of data to analyze and resolve complex problems; may take a new perspective on existing solution.
Breadth of Knowledge: Has advanced knowledge within a professional area and basic knowledge across related areas.
Team Interaction: Acts as a go-to resource for colleagues with less experience; may lead small project teams.
Vanderbilt University Medical Center is home to Vanderbilt University Hospital, The Monroe Carell Jr. Children’s Hospital at Vanderbilt, the Vanderbilt Psychiatric Hospital and the Vanderbilt Stallworth Rehabilitation Hospital. These hospitals experienced more than 61,000 inpatient admissions during fiscal year 2015. Vanderbilt’s adult and pediatric clinics treated nearly 2 million patients during this same period. Vanderbilt University Hospital and the Monroe Carell Jr. Children’s Hospital at Vanderbilt are recognized again this year by U.S. News & World Report’s Best Hospitals as among the nation’s best with 18 nationally ranked specialties. Vanderbilt University Medical Center is world renowned because of the innovation, work ethic and collegiality of its employees. From our health care advances to our compassionate care, Vanderbilt owes its accomplishments and reputation to staff and faculty who bring skill and drive and innovation to the medical center day after day. World-leading academic departments and comprehensive centers of excellence pursue scientific discoveries and transformational educational and clinical advances across the entire spectrum of health and disease.As t...he largest employer in middle Tennessee, we welcome those who are interested in ongoing development in a caring, culturally sensitive and professional atmosphere. Most of us spend so much of our lives at work, we want to be part of maintaining a workplace in which people support one another and encourage reaching for excellence. Many high-achieving employees stay at Vanderbilt because of the professional growth they experience and because of their appreciation of Vanderbilt’s benefits, public events and discussions, athletic opportunities, beautiful setting and, above all, sense of community and purpose.Vanderbilt and its employees share a set of mutual expectations that have been created with productivity, legality, fairness and safety always in mind. We believe that our investment in training and compensating employees multiplies in value when we enable individuals to deliver their best performance for the benefit of us all.