TELEWORKING OPTIONS ARE AVAILABLE – REMOTE CANDIDATES ENCOURAGED TO APPLY
A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.
Michigan Medicine’s Compensation Team is growing! We are excited to add an additional Lead Compensation Consultant to our close-knit team of compensation experts who design, implement, manage, and evaluate innovative compensation programs, processes, and practices that support the attraction and retention of the “leaders and best”.
The Lead Compensation Consultant identifies, evaluates and communicates compensation data trends and insights to assist leaders in making data-driven decisions. Consults as a trusted advisor, with client-facing HR Business Partners, Talent Acquisition and Leaders to proactively identify and address compensation opportunities to advance health to serve Michigan and the world. Manages complex projects involving cross-functional teams. Works with a high degree of autonomy in a fast-paced and evolving environment. Reports to the Director, Compensation.
WHAT YOU WILL BE DOING
Manages compensation programs and processes.
Conducts comprehensive compensation analysis to ensure market competitiveness. Influences the decision-making process and outcomes by providing detailed analysis/models, innovative recommendations, and expert knowledge.
Partners with the executive compensation consultant to manage all executive compensation administrative processes.
Serves as lead compensation consultant for assigned collective bargaining agreement, collaborating with director of compensation and HR labor relations colleagues to develop compensation and benefits related strategies, recommendations and proposals.
Monitors federal, state and local compensation regulations. Audits pay practices to ensure compliance with wage and hour laws and regulations and internal pay policies.
WHAT IS REQUIRED
At least 8 years of progressive broad-based compensation experience, preferably in large, complex organizations.
Experience consulting and influencing effectively with internal customers, including business partners and executives.
Experience designing and implementing effective and innovative compensation programs and processes.
Bachelor’s degree, preferably in business administration, finance, economics human resources, or related fields. An equivalent combination of education and experience may be accepted.
WHAT WILL MAKE YOU STAND OUT
Certified Compensation Professional (CCP) certification
Executive compensation experience, health care and/or higher education experience, experience working with labor unions, HR generalist experience.
Comprehensive knowledge of contemporary compensation principles and practices
Michigan Medicine conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act. Pre-employment drug testing applies to all selected candidates, including new or additional faculty and staff appointments, as well as transfers from other U-M campuses.
Michigan Medicine improves the health of patients, populations and communities through excellence in education, patient care, community service, research and technology development, and through leadership activities in Michigan, nationally and internationally. Our mission is guided by our Strategic Principles and has three critical components; patient care, education and research that together enhance our contribution to society.
Job openings are posted for a minimum of seven calendar days. This job may be removed from posting boards and filled anytime after the minimum posting period has ended.
The University of Michigan is an equal opportunity/affirmative action employer.
Internal Number: 196012
About University of Michigan - Ann Arbor
A great university is made so by its faculty and staff, and Michigan is recognized as one of the best universities to work for in the country. The Michigan culture is known for engaging faculty and staff in all facets of the university to create a workplace that is vibrant and stimulating.For two consecutive years, the Chronicle of Higher Education has placed U-M in its "Great Colleges to Work For" survey. In particular, the university earns high marks for strong relations between faculty and administrators, a collaborative system of governance, strong pay and benefits, and a healthy work/life balance.