Description
Become part of an inclusive organization with over 40,000 teammates, whose mission is to improve the health and well-being of the unique communities we serve.
Summary:Develop, implement, and administer the Physician and Provider Compensation Programs. Work closely with the finance, legal, revenue cycle and human resources teams to establish accurate reports and compensation calculations to align with compensation policies, compensation plans and system policies. Conduct analyses to ensure equitable compensation for current teammates, support the data and reporting needs of the teammate population, and support equity analyses throughout the community physicians' practices.
Responsibilities:
- Lead analysis for compensation projects related for assigned providers
- Recommend compensation packages for new hires, based on specialty or discipline, appropriate benchmark data, productivity expectations, and internal equity analyses aligned with compensation guidelines and compensation plans
- Prepare and deliver market analyses, pay analyses and other compensation services
- Provide data and reporting support for annual compensation programs including preparing, analyzing, and disseminating data as appropriate
- Participate in the compensation budget and effort including budget review and monitoring to ensure the financials correctly reflect all expense and are attributed to appropriate accounts based on internal and external guidelines.
- Participate in and inform the annual compensation budget planning process.
- Work closely with Finance Team to ensure compensation programs are competitive, cost effective, drive and reward a high-performance culture and are aligned with current and future strategic direction
- Partner with Finance and Human Resources leaders to administer annual compensation process, including analyzing recommendations for pay levels internally and to appropriate benchmarks
- Assist in the development of resources and guidance documents to support leaders and teammates
- Complete data submissions to benchmark salary surveys; identify and track opportunities for new survey matches throughout the year; and utilize market data to recommend appropriate compensation ranges
- Compile data for pay equity reviews, partnering with leadership, human resources, external vendors, and legal as necessary to ensure equity reviews are conducted appropriately and on time, with complete data to make recommendations to leadership
- Detail Oriented
- Experience applying data and analytics to influence decision making and business outcomes.
- Experience in organizing and prioritizing multiple projects / deliverables.
- Proficient with MS Office, especially Excel
- Strong analytical skills
- Understanding of financial data.
- Preferred experience with physician, and APP, compensation & productivity benchmarks.
- Preferred experience managing large data sets, excel models and excel based simulations.
- Ability to effectively deliver consultation services and build relationships with managers, peers in the HR community, and other stakeholders.
- Experience creating and maintaining reports and visualizations to present data in a meaningful way, using a range of tools such as Excel, PowerPoint, Tableau.
- Experience with Business Objects a plus
- Healthcare experience preferred
Other Information
Other information:
Education Requirements:
● Master’s degree in Accounting, Business Administration, Finance or related field or equivalent combination of education, training and experience.
Licensure/Certification Requirements:
● No licensure or certification required.
Professional Experience Requirements:
● If a Master’s degree: Four (4) years of experience in financial planning or analysis.
● If a Bachelor's degree: Eight (8) years of experience in financial planning or analysis.
Knowledge/Skills/and Abilities Requirements:
● Research, retrieve and organize data to prepare reports and financial documentation, analyze and audit data.
Job Details
Legal Employer: NCHEALTH
Entity: UNC Physicians Network
Organization Unit: UNCPN Administration Staff
Work Type: Full Time
Standard Hours Per Week: 40.00
Salary Range: $38.17 - $54.88 per hour (Hiring Range)
Pay offers are determined by experience and internal equity
Work Assignment Type: Hybrid
Work Schedule: Day Job
Location of Job: US:NC:Morrisville
Exempt From Overtime: Exempt: Yes
This position is employed by NC Health (Rex Healthcare, Inc., d/b/a NC Health), a private, fully-owned subsidiary of UNC Heath Care System. This is not a State employed position.
Qualified applicants will be considered without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
UNC Health makes reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as applicants and employees with disabilities. All interested applicants are invited to apply for career opportunities. Please email applicant.accommodations@unchealth.unc.edu if you need a reasonable accommodation to search and/or to apply for a career opportunity.
