Senior Physician Compensation Analyst

Job Description

Responsible for the analysis, development, implementation, and administration of physician compensation programs including modeling new programs and conducting fair market value assessments. Guides team members and performs ongoing evaluations of the System's physician compensation programs.

Job Responsibility

• Coordinates, administers and monitors compensation programs; conducts research to understand specialty-specific issues, including productivity information, compensation and rewards.
• Researches, gathers, and analyzes data to determine appropriate salary levels for existing and proposed positions in a range of physician specialties; models compensation alternatives; makes appropriate recommendations.
• Monitors models against plans and takes action necessary to achieve objectives; collects, analyzes, and summarized physician compensation information to satisfy statutory and regulatory and organization requirements.
• Analyzes impact of regulatory and legislative changes to existing and prospective physician compensation arrangements.
• Prepares and presents presentation materials for executive audiences.
• Coordinates with stakeholders in HR, Business Development, Service Lines, Finance, Legal and HRIT through the course of compensation model redesign projects.
• Participates in the development of communications programs to communicate new or revised physician compensation plans to the organization.
• Completes timely and accurate salary surveys and analyzes results.
• Designs, develops, and implements systems and/or procedures to improve the accuracy and efficiency of existing workflows; participates in special projects as assigned
• Operates under limited guidance and work assignments involve moderately complex to complex issues where the analysis of situations or data requires in-depth evaluation of variable factors.
• Performs related duties as required. All responsibilities noted here are considered essential functions of the job under the Americans with Disabilities Act. Duties not mentioned here, but considered related are not essential functions.

Job Qualification

• Bachelor's Degree required, or equivalent combination of education and related experience.
• 3-5 years of relevant experience, required.

*Additional Salary Detail

The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future.When determining a team member's base salary and/or rate, several factors may be considered as applicable (e.g., location, specialty, service line, years of relevant experience, education, credentials, negotiated contracts, budget and internal equity).