Director of Corporate Compensation

6 days ago

Detroit, Michigan, United States Henry Ford Health System Full time
Job Title: Director of Corporate Compensation

Henry Ford Health System, a leading healthcare organization, is seeking an experienced Director of Corporate Compensation to join our team. As a key member of our compensation team, you will be responsible for designing and implementing innovative compensation programs that align with our strategic objectives and industry dynamics.

Key Responsibilities:
  • Develop and execute compensation strategies that support the organization's operations and workforce needs.
  • Establish long and short-range objectives for the compensation needs of the organization.
  • Provide compensation expertise to support various organizational initiatives, including mergers and acquisitions.
  • Assist in compensation-related aspects of integration during organizational changes.
Program Development and Management:
  • Design and implement competitive compensation programs tailored to the healthcare industry.
  • Oversee executive compensation, including long-term and short-term incentive programs.
  • Collaborate with Corporate Benefits/Retirement to develop comprehensive total rewards packages.
Compliance and Governance:
  • Ensure legal compliance of all compensation programs across the organization.
  • Prepare materials for the Compensation Sub-committee of the HFH Board of Trustees.
  • Work closely with Talent Acquisition, Corporate Legal Affairs, Compliance & Audit, and Diversity/AAEEO teams.
Financial Planning and Analysis:
  • Partner with Corporate Budget to develop compensation budgets for all business entities.
  • Provide market data, projections, and trends to support financial decision-making.
Team Leadership:
  • Manage and develop the compensation team, fostering a culture of excellence and innovation.
  • Collaborate extensively with HR field operations and center of excellence.

Qualifications:

  • Bachelor's degree required; Master's degree in Human Resources, Business Administration, or related field preferred.
  • Minimum of 7 years of progressive experience in compensation.
  • Healthcare industry experience strongly preferred.
  • Experience with mergers, acquisitions, or large-scale organizational changes preferred.
  • Strong knowledge of healthcare compensation trends, regulations, and best practices.
  • Professional certification such as CCP (Certified Compensation Professional) or SPHR (Senior Professional in Human Resources) preferred.
  • Excellent analytical, communication, and leadership skills.
  • Proven ability to drive change and manage complex projects in a dynamic environment.

About Henry Ford Health System:

Henry Ford Health System partners with millions of people on their health journey, across Michigan and around the world. We offer a full continuum of services – from primary and preventative care to complex and specialty care, health insurance, a full suite of home health offerings, virtual care, pharmacy, eye care and other health care retail.

With former Ascension southeast Michigan and Flint region locations now part of our team, Henry Ford's care is available in 13 hospitals and hundreds of ambulatory care locations.

Based in Detroit, Henry Ford is one of the nation's most respected academic medical centers and is leading the Future of Health: Detroit, a $3 billion investment anchored by a reimagined Henry Ford academic healthcare campus.

Benefits:

The health and overall well-being of our team members is our priority. That's why we offer support in the various components of our team's well-being: physical, emotional, social, financial and spiritual.

Our Total Rewards program includes competitive health plan options, with three consumer-driven health plans (CDHPs), a PPO plan and an HMO plan.

Our team members enjoy a number of additional benefits, ranging from dental and eye care coverage to tuition assistance, family forming benefits, discounts to dozens of businesses and more.

Employees classified as contingent status are not eligible for benefits.

Equal Employment Opportunity/Affirmative Action Employer:

Henry Ford Health System is committed to the hiring, advancement and fair treatment of all individuals without regard to race, color, creed, religion, age, sex, national origin, disability, veteran status, size, height, weight, marital status, family status, gender identity, sexual orientation, and genetic information, or any other protected status in accordance with applicable federal and state laws.

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