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Compensation Specialist

1 month ago

Philadelphia, Pennsylvania, United States MedTeam Staffing Full time
Job Summary:

The Compensation Analyst (managing Physician/Resident/Fellows compensation contracts) is responsible for ensuring that payments made to both employed and independent providers (Physicians and Advanced Practice Providers) adhere to the provisions of the Agreements which govern these relationships.

This position will be responsible for identifying and promptly reporting any irregularities to the SVP of Operations.

Additionally, this position will primarily support the compensation programs for both employed and independent providers by implementing standard policies and procedures.

This position will also maintain and assist in the implementation of all components of compensation programs, including but not limited to all forms of incentives, supplemental compensation, educational loan payments and other miscellaneous payments.

May perform significant analytical work as it relates to the compensation systems of the organization.

This position processes all supplemental compensation payments, including signing bonuses, residency/fellowship stipends, administrative stipends, retention incentives, extra call, extra shifts, extra clinical hours, etc.

and ensures all payments are supported by written documentation in the form of offer letters, employment agreements, extra shift incentive memorandums, etc.


Key Responsibilities:

  • Ensure compliance with compensation agreements and policies
  • Identify and report irregularities to the SVP of Operations
  • Support compensation programs for employed and independent providers
  • Maintain and implement compensation program components
  • Process supplemental compensation payments

Requirements:

  • Healthcare experience required
  • 4-year Bachelor's Degree - OR - combination of relevant education & experience may be considered in lieu of Bachelor's Degree

Preferred Qualifications:

  • Analytical Skills
  • Collaborative Skills
  • Computer Skills to include use and navigation
  • Customer Service Skills
  • Detail Oriented
  • Excellent Communications Skills
  • Excellent Interpersonal Skills
  • Microsoft Office Applications
  • Multitasking
  • Organizational Skills
  • Problem Solving Skills
  • Strong Team Player