Senior Compensation Strategist
Company: Denver Health
Location: Denver
Posted on: August 7, 2022
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Job Description:
Summary The Senior Compensation Strategist ("Senior Strategist")
is a key member of the Compensation Team and has shared
accountability for the success of the function. The Senior
Strategist, under general supervision, assists in the development
and administration of all employee and provider pay programs for
Denver Health. This role is client facing so the Senior Strategist
has an assigned client group and works with Managers and Leaders at
all levels of the organization to consult, advise and guide the
implementation of pay policy. The Senior Strategist routinely
partners and works in concert with other HR Partners (e.g., HRBPs,
Talent Acquisition, Benefits, HRIS) to advance the HR and
Compensation strategies. The Senior Strategist guides the work of
the Compensation Strategist (Analyst) relative to and when
necessary assists with gathering data from market-based
compensation surveys; analyzing survey data and applying in
alignment with Denver Health's Compensation Philosophy, writing and
evaluating job descriptions, conducting job analyses and
evaluations to determine proper placement of jobs within the Denver
Health structure, assessing and reporting on market trends that
impact the Denver Health workforce. The Senior Strategist
recommends changes to practice and policy based on changing market
and/or economic conditions that impact Denver Health pay policy.
The Senior Strategist maintains an understanding of and ensures
compliance with applicable state and federal employment and wage
and hour laws. Relies on experience and judgment to plan and
accomplish goals. . Essential Duties and Responsibilities1.
Strategic Partnership and Collaboration Coaches, guides and
educates other HR team members on Denver Health pay policy and
practice. Takes a lead role in partnering with HRBPs, Managers and
Leaders to develop competitive and comprehensive compensation
solutions to address compensation concerns.2. Market Assessment
Guides the work of Compensation Strategists (Analysts) and when
necessary participates in and gathers data from market-based
compensation surveys; assesses and analyzes data and applies to
jobs and employees in accordance with Denver Health's Compensation
Philosophy. Assists in conducting the annual competitive
benchmarking and update process. Monitors the internal work
environment and external market to understand economic conditions
that impact Denver Health pay policy. Acts as the administrator for
applications/systems related to the administration of market
adjustment; market pricing (salary survey system). 3. Job Analysis
and Evaluation Evaluates jobs, determines pay grades, and performs
associated analyses (e.g. equity). Recommends various courses of
action and costs for those options. Collaborate with team members
to identify opportunities for aligning jobs, ensuring data
integrity, and consistency in approach and process. Writes, edits
and updates job descriptions. 4. Pay Administration Leads the
implementation of organization wide, regularly scheduled pay
activities including but not limited to developing salary
structures, merit planning and market adjustments. Assists Managers
and Leaders with resolving day-to-day pay related concerns and
questions. 5. Policy and Procedure Assists in the creation,
evaluation, and ongoing review of existing pay practices and
policies. Monitors and reports on changing internal or external
market and/or economic conditions that impact Denver Health pay
policy. Recommends and implements changes to practice and policy
based on those conditions. 6. Project Management Takes a lead role
in managing and executing key organizational priorities and
projects. Partners with other HR groups, leaders, or managers to
plan and execute major initiatives including, but not limited to
automation and HR systems, job architecture development, etc. This
may involve developing project plans, monitoring progress toward
on-time completion, and preparing standard and ad hoc reports.7.
Other duties as assigned.Minimum Qualifications Education1.
Bachelor's degree in Business, Human Resources, Finance or related
field required.2. 6 years of related experience in lieu of
bachelor's degreeExperience1. 5 years of Compensation experience
required.2. Progressive responsibility in compensation.Knowledge,
Skills and Abilities1. Advanced knowledge of the regulatory
environment that governs compensation work2. Critical Thinking -
Using logic and reasoning to identify the strengths and weaknesses
of alternative solutions, conclusions or approaches to problems.3.
Active Listening - Giving full attention to what other people are
saying, taking time to understand the points being made, asking
questions as appropriate, and not interrupting at inappropriate
times.4. Judgment and Decision Making - Considering the relative
costs and benefits of potential actions to choose the most
appropriate one.5. Service Orientation - Actively looking for ways
to help people.6. Data Analysis - Extensive use of quantitative and
qualitative research and statistical methods for analyzing data.7.
Research- ability to leverage resources to acquire needed
information8. Knowledge of state and federal employment and wage
and hour laws and best practices.Computers and Technology1.
Demonstrated proficiency at the intermediate (preferably advanced)
level of Microsoft Excel2. Demonstrated proficiency in the
Microsoft Office Suite of products (i.e. Word, and
PowerPoint)Certificates, Licenses and Registration1. CCP (Certified
Compensation Professional) preferred. Supervisory Responsibilities
This position has no supervisory
responsibilitiesLocationAdministrative OfficesWork TypeFull timePay
RangeMinimum: 93,000.00Midpoint: 116,300.00Maximum: 139,600.00All
job applicants for safety-sensitive positions must pass a
pre-employment drug test, once a conditional offer of employment
has been made.Denver Health is an integrated, high-quality academic
health care system considered a model for the nation that includes
a Level I Trauma Center, a 555-bed acute care medical center,
Denver's 911 emergency medical response system, 10 family health
centers, 18 school-based health centers, Rocky Mountain Poison and
Safety, a Public Health department, an HMO and The Denver Health
Foundation.As Colorado's primary, and essential, safety-net
institution, Denver Health is a mission-driven organization that
has provided billions in uncompensated care for the uninsured.
Denver Health is viewed as an Anchor Institution for the community,
focusing on hiring and purchasing locally as applicable, serving as
a pillar for community needs, and caring for more than 185,000
individuals and 67,000 children a year.Located near downtown
Denver, Denver Health is just minutes away from many of the
cultural and recreational activities Denver has to offer.We
strongly support diversity in the workforce and Denver Health is an
equal opportunity employer (EOE).Denver Health is committed to
provide equal treatment and equal employment opportunities to all
applicants and employees. As an EOE, Denver Health does 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.Required
Keywords: Denver Health, Denver , Senior Compensation Strategist, Accounting, Auditing , Denver, Colorado
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