EXECUTIVE COMPENSATION PROGRAM ADMINISTRATOR

  • TriHealth
  • Cincinnati, OH, USA
  • Jul 01, 2021
Administration/Operations

Job Description

Attention current TriHealth employees:

Please apply for this position by submitting an online internal application via SuccessFactors. Please be certain to update your SuccessFactors Employee Profile prior to applying to this position.

EXECUTIVE COMPENSATION PROGRAM ADMINISTRATOR: Jointly reporting to the SVP HR and Sr. Director Total Rewards, the Executive Compensation Program Leader is responsible for developing and in some cases administering system-wide compensation programs for leaders and executives including variable compensation, executive benefits, and market surveys. Such programs need to attract, retain and motivate leaders as well as comply with a complex regulatory environment (IRS, SEC, FAS, new legislation, etc.). The incumbent works closely with Senior Leadership and supports the SVP HR in working with Compensation Committee of the Board of Directors and its independent compensation consultant to develop innovative and balanced programs that are aligned with business objectives and total rewards strategy. The Executive Compensation Program Leader is responsible for assisting in delivering core executive and leadership compensation initiatives to internal clients by applying professional judgment, knowledge, and experience. The individual assists in the research, analysis, design, implementation, and administration of key compensation programs of the Company. In addition, the individual will assist in the implementation, management and development of innovative solutions that support the business unit strategy and design by applying thought leadership and their subject matter expertise. This includes project planning, execution, timing, functionality, quality, communication and cost. Projects may include (but are not limited to) survey administration, technology, communications and competitive pay benchmarking. Key Responsibilities • Coordinate pay benchmarking projects for specific leadership roles including job evaluation, internal and external analysis and recommendations. • Develop individual pay recommendations for newly hired or promoted senior leaders. • Conduct the research, analysis and design of specific core executive and senior leadership compensation initiatives including pay mix, incentive leverage, salary ranges, perquisites, etc. • Participate in the design, implementation, communication, and administration of the annual, short-term or long-term incentive plans for all eligible employees. • Responsible for the completion of executive and leadership compensation surveys. • Responsible for providing support to the SVP HR for all Board and Compensation Committee activities. • Recommends and assists in developing new or modified executive and leadership compensation plans or policies. • Performs compensation-related merger/acquisition/divestiture work as necessary – due diligence, retention, integration, etc. • Oversees the development of data/analysis needed to manage the executive compensation program administration, compensation planning, and establishment of guidelines for annual incentive plan design. • Stays abreast of leadership compensation best practices, legal developments, emerging trends, and technological advancements. • Collaborate well with HR peers and business and/or functional experts.

MINIMUM REQUIREMENTS:

EDUCATION: Bachelor's Degree Human Resources, Business Administration, Finance, Healthcare Administration or related area. Certified Compensatin Professional (CCP)

EXPERIENCE: 5-7 years work experience delivering progressively complex compensation program solutions. 3-4 years executive compensation SPECIALIZED KNOWLEDGE: .

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Job Title:  EXECUTIVE COMPENSATION PROGRAM ADMINISTRATOR

Department Name:  TRIS HR ADMINISTRATION

Location:  Baldwin

Hourly/Salaried:  Salaried

Employment Status: Full Time Position

Bi-Weekly Hours:80

Shift: Day Shift

Weekend Commitment:  No

Holiday Commitment:  No

On-Call Commitment:  No

Employment Type (feed only)

239280