Executive Compensation Specialist

4 weeks ago


Greenville, South Carolina, United States Prisma Health Full time
Job Summary

As a key member of the Prisma Health team, the Executive Compensation Specialist will play a crucial role in administering Executive Compensation programs and initiatives to support the organization's strategic plan. This position operates with substantial latitude for unreviewed action or decision, requiring a high degree of autonomy and expertise.

Key Responsibilities
  • Administers Executive Compensation programs and initiatives to support the organization's strategic plan.
  • Operates with substantial latitude for unreviewed action or decision.
  • Administers executive salary and wage programs and ensures equitable and consistent application of compensation policies and guidelines.
  • Studies and analyzes wage and/or salaried jobs using current market data.
  • Evaluates jobs using established evaluation systems, determines grades and prepares records of the validity of the evaluations.
  • Conducts executive compensation surveys and participates in compensation surveys conducted by other organizations.
  • Develops, recommends, and writes job evaluation and compensation procedures.
  • Assists in the administration of performance management programs for executives and administers executive incentive programs and deferred compensation plans.
  • Audits and reviews salaries for conformance to policy.
  • Audits evaluation of jobs and application of existing job classifications to individuals.
Accountabilities
  • Conducts market analyses and job evaluations for executives and top management.
  • Recommends appropriate salary grades and job titles based on external market data and/or analysis of internal positions.
  • Consults with leaders on new job development and organizational structure changes.
  • Provides expert advice on all issues related to the Prisma Health Executive Compensation program, policies and procedures.
Requirements
  • Bachelor's degree - Business or related.
  • 5 years - Proven analytical experience in Executive Compensation, Human Resources, Finance, or related field with 2 years in healthcare, preferable.
  • PHR, SHRM-CP or Certified Compensation Professional - Preferred.
Work Environment

This is a non-management job that will report to a supervisor, manager, director or executive.

Prisma Health Corporate Office, 7001 Corporate, Department - Compensation.



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