Compensation Consultant

Current Employees:

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CORE JOB FUNCTIONS

Conducts detailed analysis of compensation packages, including base pay, incentives, and benefits, ensuring competitiveness and alignment with institutional standards. Collects, maintains, and analyzes compensation-related data, ensuring accuracy, integrity, and adherence to privacy regulations. Assists in the development and implementation of compensation policies, procedures and guidelines, ensuring alignment with institutional goals and compliance with legal and regulatory standards. Conducts market benchmarking studies to evaluate the competitiveness of compensation and recommend adjustments as necessary. Develops and manages financial models to assess the impact of compensation strategies on the institutions budget and long-term financial health. Works closely with academic leadership, HR, and finance teams to address compensation-related issues and provides strategic guidance. Prepares and presents comprehensive reports on compensation trends, variances, and recommendations to stakeholders. Ensures all compensation programs comply with internal policies, accreditation requirements, and applicable labor laws. Serves as a resource by addressing compensation -related inquiries and clarifying institutional policies. Monitors emerging trends and best practices in compensation and propose innovative solutions to enhance institutional strategies. Adheres to University and unit-level policies and procedures and safeguards University assets.

This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

CORE QUALIFICATIONS

Education:

Bachelor’s Degree in relevant field

Master's Degree ( Preferred )

Experience:

Minimum 4 years of relevant experience

Knowledge, Skills and Attitudes:

Learning Agility: Ability to learn new procedures, technologies, and protocols, and adapt to changing priorities and work demands.

Teamwork: Ability to work collaboratively with others and contribute to a team environment.

Technical Proficiency: Skilled in using office software, technology, and relevant computer applications.

Communication: Strong and clear written and verbal communication skills for interacting with colleagues and stakeholders.

Department Specific Functions

• Helps ensure the accuracy and timely dissemination of operational dashboard reports and other standard management information.
• Provides analytical support for designated compensation special projects as assigned.
• Produces analyses to inform the annual budget planning process, helping to ensure the creation of accurate, realistic, and optimized fiscal year budgets.
• Develops recommendations for strengthening compensation plan.
• Assists stakeholders with the interpretation of compensation plan results, ensuring timely and accurate payments.
• Maintains accuracy of faculty compensation data utilized by multiple parties.
• Effectively leads and drives complex department-wide compensation projects to ensure the organization’s strategic objectives are achieved.

The University of Miami offers competitive salaries and a comprehensive benefits package including medical, dental, tuition remission and more.

UHealth-University of Miami Health System, South Florida's only university-based health system, provides leading-edge patient care powered by the ground breaking research and medical education at the Miller School of Medicine. As an academic medical center, we are proud to serve South Florida, Latin America and the Caribbean. Our physicians represent more than 100 specialties and sub-specialties, and have more than one million patient encounters each year. Our tradition of excellence has earned worldwide recognition for outstanding teaching, research and patient care. We're the challenge you've been looking for.

The University of Miami is an Equal Opportunity Employer - Females/Minorities/Protected Veterans/Individuals with Disabilities are encouraged to apply. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.

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