Are you passionate about the patient experience? At HCA Healthcare, we are committed to caring for patients with purpose and integrity. We care like family! Jump-start your career as a Compensation Consultant today with HCA Healthcare.
Job Summary and Qualifications
The Compensation Consultant is responsible for providing expert guidance and support in designing, implementing, and optimizing compensation strategies and programs. Leveraging strong analytical skills and a deep understanding of compensation principles, this role partners with business leaders and HR stakeholders to deliver data-driven insights and recommendations that support organizational goals.
The ideal candidate will bring a blend of compensation expertise, business acumen, project management skills, and the ability to communicate complex information effectively to diverse audiences.
Key Responsibilities
Compensation Analysis
Conduct comprehensive analysis of compensation data, including salary surveys, market benchmarks, and internal pay structures.
Evaluate compensation competitiveness and identify opportunities for improvement.
Utilize data modeling and analytical techniques to assess program effectiveness and forecast compensation trends.
Develop dashboards and reports that present compensation data in a meaningful and impactful way.
Compensation Strategy & Program Development
- Partner with stakeholders to define compensation objectives and align them with broader business strategies.
- Design and develop compensation frameworks, policies, programs, and guidelines.
- Support initiatives that promote internal equity, market competitiveness, and organizational effectiveness.
Job Evaluation & Market Pricing
- Evaluate positions and determine appropriate job levels, salary grades, and compensation ranges.
- Conduct job pricing analyses using market data and internal benchmarks.
- Provide compensation recommendations for new hires, promotions, transfers, and organizational changes.
Stakeholder Partnership
- Collaborate with HR, Finance, and business leaders to understand workforce needs and compensation challenges.
- Present compensation analyses, recommendations, and program outcomes to executives and key stakeholders.
- Serve as a trusted advisor on compensation-related matters and strategic workforce decisions.
Incentive & Variable Pay Programs
- Design, implement, and maintain incentive and variable pay programs, including performance-based bonus structures.
- Analyze incentive program effectiveness and provide data-driven recommendations for enhancements.
- Support ongoing administration and governance of compensation programs.
Compliance & Governance
- Monitor regulatory developments and market trends related to compensation practices.
- Ensure compensation programs comply with applicable federal, state, and local regulations.
- Provide guidance regarding compensation governance, policies, and internal controls.
Qualifications
- Bachelor's Degree required
- Master's Degree preferred
- 5+ years of experience in Compensation, Analytics, Human Resources, Finance, or a related field required
- 3+ years of experience in healthcare, consulting, or a complex corporate environment preferred
Preferred Knowledge & Skills
- Strong analytical and quantitative skills.
- Experience with compensation modeling, job evaluation, and market pricing.
- Advanced proficiency in Excel and compensation analytics tools.
- Experience developing dashboards and reporting solutions.
- Strong presentation, communication, and stakeholder management skills.
- Knowledge of compensation regulations and best practices.
- Ability to manage multiple projects and priorities in a fast-paced environment.
Benefits
HCA Healthcare, offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:
- Comprehensive benefits for medical, prescription drug, dental, vision, behavioral health and telemedicine services
- Wellbeing support, including free counseling and referral services
- Time away from work programs for paid time off, paid family leave, long- and short-term disability coverage and leaves of absence
- Savings and retirement resources, including a 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service), Employee Stock Purchase Plan, flexible spending accounts, preferred banking partnerships, retirement readiness tools, rollover support and financial wellbeing counseling
- Education support through tuition assistance, student loan assistance, certification support, dependent scholarships and a partnership with Galen College of Nursing
- Additional benefits for fertility and family building, adoption assistance, life insurance, supplemental health protection plans, auto and home insurance, legal counseling, identity theft protection and consumer discounts
Learn more about Employee Benefits
Note: Eligibility for benefits may vary by location.
Human Resources Group empowers our people to grow and give purpose to the HCA Healthcare culture. We deliver our Human Resource model in three sectors: HR Business Partners, HR Shared Operations and HR Centers of Excellence. HR Business Partner teams are critical to the success of our HR delivery model. We drive performance to achieve successful results to better care for our patients, communities and each other.
HCA Healthcare has been named one of the World's Most Ethical Companies by Ethisphere Institute for ten consecutive years (2010-2019). In 2019, HCA Healthcare spent an estimated $3.7 billion in cost for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.
"The great hospitals will always put the patient and the patient's family first, and the really great institutions will provide care with warmth, compassion, and dignity for the individual."- Dr. Thomas Frist, Sr.
HCA Healthcare Co-Founder
If you are looking for an opportunity that provides satisfaction and personal growth, we encourage you to apply for our Compensation Consultant opening. We promptly review all applications. Highly qualified candidates will be contacted for interviews. Unlock the possibilities and apply today!
We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
