What are the responsibilities and job description for the Compensation Manager position at Norman Regional Health System?
Job Description
Departmental Overview
Norman Regional Health System is a team of more than 3,000 healers all working together to bring our mission and vision to life. Our mission is to serve our community as the leader in health and wellness care.
Job Summary
- The role of Total Rewards Compensation Manager is responsible for the team managing the compensation and bonus structure.
- The manager plans, develops, and implements new and revised compensation programs, policies, and procedures to be responsive to company goals and competitive practices
- This position is also responsible for ensuring through audits, legal reports, and personal interactions, that company compensation programs are consistently administered in compliance with company policies and government regulations from a local and global perspective
- Hire, manage, and develop a team of compensation professionals responsible for the execution and administration of all compensation processes within Norman Regional Hospital.
- Oversee all compensation-related projects including, but not limited to, internal and external market competitiveness, variable pay design including implementation and modeling, job evaluations, financial accuracy with bonus accruals and payout, compensation surveys, etc
- Partner as a business resource to provide strategic planning and ensure consistency to all levels of the organization regarding compensation topics including Human Resources, Managers, Directors and Executive Management Team
- Own Compensation Committee topics including, but not limited to, presentation content, pre-read, and follow-ups to ensure accurate, innovative and clear content
- Ability to respond to business needs quickly and efficiently gaining buy-in from various stakeholders in the business
- Ensure compensation procedures are up to date, accessible, and utilized by all HR stakeholders
- Oversees and ensures compensation plan changes and processes are 100% accurate in the Human Resource Information System (HRIS)
- Align with global compensation community ensuring global processes are followed and in place within HNA
- Enhance communication regarding Norman Regional Hosptial’s position in the compensation market and pay for performance communications
- Keep apprised of all federal, state, and local compensation laws and regulations ensuring company compliance
- Budget responsibility of compensation
Qualifications
Work Shift
