Compensation Specialist

3 weeks ago


Woodbridge, United States ProSmile Full time
Job DescriptionJob DescriptionJob Title: Compensation Specialist - Temporary
Department: Human Resources
Reports to: Vice President of Human Resources
FLSA Status: Non-Exempt

Company Overview

ProSmile is the fastest growing dental organization on the East Coast and has the largest network of affiliated multi-specialty dental practices in New Jersey, with an expanding footprint in District of Columbia, Pennsylvania and Maryland. Our premier DSO is led by world class dentists who understand what highly skilled dentists and dental professionals need to grow a practice while focusing on delivering the best-in-class clinical care to their patients.

Position Summary

The Compensation Specialist will lead efforts to conduct organizational analyses and develop comprehensive job and salary bands tailored to the dental industry. This role involves evaluating current compensation structures, creating well-defined job classifications, and establishing competitive salary ranges to ensure our compensation practices are fair, equitable, and aligned with industry benchmarks.

Duties and Responsibilities

The duties include, but are not limited to:

• Conduct detailed assessments of our dental practice’s organizational structure, job roles, and compensation practices. Analyze current compensation data, job descriptions, and organizational needs to identify areas for enhancement and alignment with dental industry best practices.
• Develop and implement a systematic approach for evaluating and classifying dental related job roles. Ensure that job descriptions accurately reflect the duties and requirements specific to the dental industry and establish a consistent job hierarchy.
• Design and implement job and salary bands based on market research specific to the dental industry. Create clear guidelines for salary ranges and progression to ensure fair and competitive compensation practices for dental professionals and support staff.
• Perform in-depth market research focused on dental industry compensation practices. Analyze salary surveys, compensation trends, and industry data to inform the creation and adjustment of salary bands for various dental roles.
• Develop and update compensation policies and procedures tailored to the dental industry. Ensure that policies comply with relevant regulations and align with the company’s strategic goals.
• Provide detailed reports and presentations on organizational analysis, job classifications, and salary band structures specific to the dental field. Communicate findings and recommendations to senior management and other key stakeholders.
• Collaborate with HR and leadership teams to offer expert advice on compensation related matters in the dental industry. Support decision-making processes related to job classifications, salary adjustments, and compensation strategies for dental professionals.
• Assist in the implementation of new compensation structures and policies. Provide training and support to HR teams and managers on new compensation practices and tools tailored to the dental industry.
• Performs miscellaneous job-related duties as assigned

Qualifications

• Proven experience as a Compensation Specialist, with a strong background in organizational analysis, job evaluation, and salary band creation within the dental industry. Experience with dental practice compensation structures and industry-specific benchmarks is highly desirable.
• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field.
• Certified Compensation Professional (CCP) a plus.

Knowledge and Skills/Expected Competencies

• Exceptional analytical and problem-solving skills, with the ability to interpret complex data and provide actionable insights specific to the dental industry. Proficiency in Microsoft Excel and compensation analysis tools. Strong communication and presentation skills, with the ability to convey findings and recommendations effectively.
• In-depth understanding of compensation principles, job evaluation methodologies, and salary band design within the dental industry. Familiarity with labor laws, compensation regulations, and industry standards specific to dental practices.
• Detail-oriented, strategic thinker with strong organizational skills. Ability to manage multiple projects simultaneously and work collaboratively with diverse teams in a dynamic environment.

Physical/Mental Demands and Work Environment

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to stand, walk and use hands and arms to operate general office equipment (PC, telephone, file cabinets, copier, fax machine and printer). The employee may occasionally lift and/or move between 10 and 25 3 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus. The employee may need to travel to healthcare practices.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually low to moderate.

The Company reserves the right to modify the job description based upon its needs and may require the employee to perform functions beyond those mentioned above. Neither this job description nor any other communication creates an employment contract between the Company and the employee.

Equal Employment

Our culture encourages individual development, embraces an inclusive environment, rewards innovative excellence, and leads in provider and patient satisfaction. ProSmile values diversity, inclusion, and equity as matters of fairness and effectiveness. We are committed to hiring and retaining staff that reflects the diversity of the communities we serve, fostering an inclusive working environment where staff of all backgrounds feel welcomed and engaged.

ProSmile is an Equal Opportunity Employer and encourages applications from individuals underrepresented in the medical sector, including people of color, and persons with non traditional work and educational experience. All who believe they meet the stated qualifications are invited to apply.

Company Safety

We believe that the best care for our patients starts with the best care for our employees. ProSmile is committed to proactively creating and maintaining an environment that is safe for our team and patients. Employees are required to wear Personal Protective Equipment (PPE) including face masks, gloves, gowns, and more as needed and in accordance with CDC standards

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