CenterWell Primary Care Compensation Principal
Humana - Montpelier, VT
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Become a part of our caring community and help us put health first The CenterWell Primary Care Compensation Principal collaborates with aligned business leaders, the compensation team, and human resources partners to create, implement, and administer compensation programs. This position requires an in-depth understanding of how organization capabilities interrelate across the function, segment, and enterprise. The CenterWell Primary Care Compensation Principal will have expertise in designing and administering business-aligned pay programs for physicians, advanced practitioners, clinicians, and support staff. Summary of Job Responsibilities: Collaborate with business leaders, and human resources partners to design, and implement compensation programs that align with organizational goals and strategies. Ensures pay programs drive the right behaviors, are holistic, competitive, and adhering to regulatory requirements. Serve as the enterprise subject matter expert on market trends and pay strategies that impact physician, advanced practitioner, and clinical pay trends and practices. Translate research, trends and best practices into plan design and administration solutions that help drive business outcomes. Effectively consult with internal partners including total rewards, compensation, talent acquisition, HR, finance, and other support teams to ensure seamless consultative approach to business leaders. As process owner, guide leaders and HR Partners through cyclical salary administration programs (base, bonus, equity). Manage the full process, from strategy through execution and ensure decisions fall within budget parameters. Lead and/or participate in the strategy, design, and execution of broader compensation projects. Build compensation team's knowledge on provider and clinical compensation trends. Provide on-going guidance to leaders, HR business partners, talent acquisition on position and offer reviews. Provide in-depth consultation and expertise to multiple levels of leadership on all matters related to compensation, recommending solutions that address business opportunities and further our compensation philosophies. Demonstrate effective communication skills and ability to navigate through ambiguous situations with HR partners, and leaders at multiple leadership levels in the organization. Use your skills to make an impact Required Qualifications Bachelor's Degree 8+ years' experience in compensation program design, analysis, and implementation including 2+ years providing compensation support for healthcare organizations. Demonstrated ability to establish and develop strong partnerships and connections with key senior stakeholders and internal clients across numerous functional areas - including business segment leadership, HR, Finance Record of success in thinking deeply through complex topics/business problems and developing and successfully implementing well thought through plans. Proven expertise in problem resolution, including demonstrating the data and analytics skills to identify and connect common linkages. Possess a high level of personal accountability, execution, ability to influence, and critical thinking. Highly organized and self-driven with an ability to work in a fast paced, deadline-driven environment. Previous experience working within a team-based atmosphere with shared responsibility. Experience navigating in a large company with a complex and heavily matrixed organizational structure. Preferred Qualifications 5+ years' experience leading compensation in a healthcare company focused on delivering value-based care 3+ years' experience in Physician, Advanced Practitioner Compensation including design and evaluation of compensation structures, incentives, programs, and processes. Experience in a consulting firm specializing in designing physician, advanced practitioner pay programs Demonstrated ability to create programs that attract and retain healthcare Clinicians. Additional Information Scheduled Weekly Hours 40 Pay Range The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.$136,200 - $187,400 per yearThis job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance. Description of Benefits Humana, Inc. and its affiliated subsidiaries (collectively, 'Humana') offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities. About us Humana Inc. (NYSE: HUM) is committed to putting health first - for our teammates, our customers and our company. Through our Humana insurance services and CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health - delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large. Equal Opportunity Employer It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or because he or she is a protected veteran. It is also the policy of Humana to take affirmative action to employ and to advance in employment, all persons regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment. Humana complies with all applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation, gender identity or religion. We also provide free language interpreter services. See our
Created: 2024-11-02