Description

*J**OB SUMMARY* The Executive Compensation Lead administers, maintains, and communicates system-wide executive compensation programs ensuring internal equity, external competitiveness and compliance with all federal, state and local laws and regulations. This position serves as subject matter expert for executive compensation initiatives and supports the design of executive compensation programs to attract, retain and motivate a high quality and high performing executive talent. *ESSENTIAL FUNCTIONS OF THE ROLE* Leads the administration, maintenance and communication of executive compensation programs including, but not limited to, base pay, short and long-term incentive plans and market adjustments. Leads HR initiatives and multiple complex compensation projects including plan changes, ongoing education efforts, operations and vendor transitions, to ensure employee understanding, and efficient and effective daily operations. Collaborates with external consultants and internal team members and prepares materials for Board/Compensation Committee Meetings regarding executive compensation decisions, programs, updates and other initiatives that must be reviewed and approved by the Compensation Committee. Responsible for maintaining comprehensive market information related to executive compensation, which may include market surveys or data from internal stakeholders. Identifies and evaluates new approaches, trends and best practices to ensure executive compensation market competitiveness. Collaborates with Legal, Accounting, Tax, Internal Audit and third-party administrators regarding executive compensation programs to ensure accurate reporting, budgeting and compliance with all applicable laws and regulations. Consults and advises HR leadership on compensation processes and programs including offers, incentives and compensation adjustments. Ensures systems, tools and processes utilized for executive compensation analyses are current, effective, efficient and reliable. Mentors executive compensation staff, providing performance and development feedback. *KEY SUCCESS FACTORS* Certified Compensation Professional (CCP) highly desirable. Extensive knowledge of executive compensation policies, practices and regulations. Advanced skills in Excel, PowerPoint and other Microsoft Office applications. Strong analytical skills and ability to deliver concise data driven recommendations to senior leadership. Requires executive presence and extensive communication with senior leadership, including concise written communication, group presentations and individual conversations to educate stakeholders and obtain approvals. Strong ability to work with and influence all levels of management to resolve issues that may be complex and are often outside of guidelines. Ability to work under pressure and regularly reprioritize tasks for self and team to meet deadlines and deliverables consistently. Able to balance multiple demands and respond to time constraints while providing white glove customer service and timely issue resolution. The information contained in this job description is intended to describe the essential job functions required of those assigned to this job. It is not intended to be an exhaustive list of all responsibilities, duties, knowledge, skills, and abilities needed to perform the job. Please note that management retains the right to assign or reassign duties and responsibilities to this job at any time. The ability to competently perform all the essential duties of the position, with or without reasonable accommodation, demonstrated commitment to effective customer service delivery, integrity, and the ability to work productively as a member of a team or work group are basic requirements of all positions at Baylor Scott & White Health. *BENEFITS* Our competitive benefits package includes the following - Immediate eligibility for health and welfare benefits - 401(k) savings plan with dollar-for-dollar match up to 5% - Tuition Reimbursement - PTO accrual beginning Day 1 Note: Benefits may vary based upon position type and/or level *QUALIFICATIONS* - EDUCATION - Bachelor's or 4 years of work experience above the minimum qualification - EXPERIENCE - 5 Years of Experience - Hybrid expectation- on-site on Wednesdays