What are the responsibilities and job description for the Director, Compensation position at Cano Health?
The Director of Compensation, in partnership with CPO, VPHR and Sr. Director of TA, manages the design, development and implementation of compensation strategies and how these are enabled by our HRIS to support our rapidly scaling organization. The incumbent must be strategic and hands-on in leading all facets of compensation and have a strategic mindset around leveraging HRIS tools and practices. The successful candidate will use an innovative approach to ensure our rewards and people practices are competitive, drive business results and enhance our culture.
Essential Duties & Responsibilities |
- Lead the compensation function including base, short-term and long-term incentive compensation, annual compensation review cycle, equity administration, market data survey selection and participation
- Execute executive compensation process, including preparation of materials for Executive Committee and Compensation Committee meetings
- Continuously reviews compensation plans and strategy to ensure Cano Health is competitive in their compensation plans
- Researches, analyzes and creates compensation structures as part of Cano Health’s new market entry strategy
- Responsible for team member relations, leadership development, talent review and assessment processes, succession planning, organizational strategy & design, role-based competency development, etc.
- Evaluate reports, decisions, and results of department initiatives in relation to the established goals
- Manage all periodic processes associated with Compensation programs, including rollout strategies, communication, planning and leading compensation review cycles, policy and implementation
- Analyze compensation metrics and provide results; establish ongoing reporting for review, recommendation and trends
- Perform ad-hoc analysis and manage special projects
Additional Duties & Responsibilities |
- Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
- Assist and mentor other HR associates also serving as a resource to other departments.
- Ensure confidentiality and professionalism is maintained when dealing with sensitive and confidential information.
Supervisory Responsibilities |
This role is initially an individual contributor position; however, anticipated company growth may create opportunity to build a team in the future.
Critical Results |
- Annual job analysis, job descriptions 100% complete & accurate
- Annual compensation benchmark, adjust compensation structure and pay bands on 100% of roles based on market data
- Maintain up to date long term incentives (LTI), develop incentives for 90% of employee workforce
Best Practices |
- Partner with organizational leaders to conduct job assessment and evaluate for effectiveness
Education & Experience |
- Bachelor’ Degree in Human Resources or related business field required; Master’s degree a plus, CCP preferred
- Demonstrated high level leadership experience in compensation in public organizations, and 8-10 years in compensation encompassing incentive plans and technical talent career paths.
- Progressive experience in executive compensation, employee stock programs, incentives, market pricing, variable pay, job evaluation/architecture and cost modeling in a rapidly changing organization
- Experience with vendor selection, RFPs and implementations
- Expert excel modeling skills
- Healthcare and/or hospital experience preferred, but not required; experience with multi-state organization a plus
- Fluent in English; Spanish a plus, but not required
Knowledge, Skills & Proficiencies |
- Proven ability to influence and drive change with senior leaders in a scaling organization, aligning the people strategy with business goals and growth
- Ability to prepare compensation material and present to board
- Demonstrates an inclusive leadership style with an emphasis on delivering results and developing high performing teams
- Excellent communication, interpersonal and collaborative skills across all levels, with an ability to persuade and influence
- Curious, growth-oriented, proactive and passionate about driving results
- Strong business and financial acumen
- Familiarity with compensation structures, local, state and federal employment laws
- Ability to pay close attention to detail and ensure accuracy of reports and data
Physical Requirements/Working Environment |
This position works under usual office conditions. Must be able to stand, sit, walk and occasionally climb. The incumbent must be able to work extended and flexible hours and weekends as needed. Physical demands include ability to lift up to 25 lbs.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Travel |
Work may involve some driving/traveling to assigned clinics and/or markets outside of Florida.
Disclaimer |
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. This is not an all-inclusive job description; therefore, management has the right to assign or reassign schedules, duties and responsibilities to this job at any time.