At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. This patient-first approach is what sets us apart as a leader in the healthcare industry. As an integral part of our team, you'll have the opportunity to join our quest for better health care, no matter where you work within the Northwestern Medicine system. We pride ourselves on providing competitive benefits: from tuition reimbursement and loan forgiveness to 401(k) matching and lifecycle benefits, our goal is to take care of our employees. Ready to join our quest for better?

The Compensation Manager reflects the mission, vision, and values of NM, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards.

This position will have responsibility for overseeing the day-to-day operations, identifying areas for improvement and making recommendations for the Company’s compensation programs.  The Compensation Manager will work with a broad range of internal customers assisting them with application of the Company’s compensation programs (Director level and below) and recommending solutions for internal or external inequities. 

Responsibilities:

• Oversee data gathering, interpret information and assist in design and preparation of materials presented to Senior Management in support of annual Salary Increase Budget and Bonus Programs.
• May lead enterprise wide programs, such as the annual incentive program.
• Advise department managers on matters regarding compensation policy and practice, including merit increases, equity adjustments, interim assignments, promotions and demotions.   
• Directs Compensation Analyst in evaluating jobs (new, existing and revised), create job descriptions, analyze market data, compare internal equity and make salary and pay grade recommendations as appropriate.
• Define and oversee process for market pricing benchmark positions. Assist in making recommendations and presenting findings to senior management. 
• Ensure market competitiveness by participating in salary surveys. Utilize data bases to analyze compa ratios and pay differentials based upon experience. 
• Ensure compliance with Department of Labor Wage and Hour rules as it relates to exempt and non-exempt status, application of overtime calculations and other regulatory matters. 
• Ensure compliance with writing and coding job description in relation to licensure and certification requirements under The Joint Commission. 

Required:

• Bachelor's Degree (B.A., B.S.)
• Minimum of 5 years compensation experience with prior managerial experience

Preferred:

• Master's Degree (M.S., M.S., M.B.A.)
• CCP and/or CBP
• Strong financial background (accounting, finance)

Northwestern Medicine is an equal opportunity employer (disability, VETS) and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status. 

Background Check 

Northwestern Medicine conducts a background check that includes criminal history on newly hired team members and, at times, internal transfers. If you are offered a position with us, you will be required to complete an authorization and disclosure form that gives Northwestern Medicine permission to run the background check.  Results are evaluated on a case-by-case basis, and we follow all local, state, and federal laws, including the Illinois Health Care Worker Background Check Act. 

Artificial Intelligence Disclosure 

Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position, however, all employment decisions will be made by a person.  

Benefits 

We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. 

Click on or copy and paste URL to your browser to view detailed benefits information https://jobs.nm.org/benefits  

Please refer to the Benefits Eligibility by Employment Classification to determine benefits eligibility for job postings.  

If sign-on bonus is included in a job posting eligibility is as followed: Internal employees and rehires who left Northwestern Medicine within 1 year are not eligible for the sign-on bonus. Exception: New graduate internal employees seeking their first licensed clinical position as a Registered Nurse at NM may be eligible.