Compensation Director is responsible for the design, implementation, and ongoing evaluation of the organization's compensation programs, including base pay, incentive pay, and performance management programs. Leads the compensation function and works with senior management to ensure that compensation strategy and programs support the organization's business objectives, meet all legal requirements, and deliver value and equitable pay. Being a Compensation Director develops compensation budget for assigned areas and manages budget after it is approved. Establishes data collection and analysis processes for market, pay equity, and other compensation studies. Additionally, Compensation Director may be responsible for entire organization or for one or more major segments of a larger organization. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a head of a unit/department. The Compensation Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Compensation Director typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
About SCAN
SCAN Group is a not-for-profit organization dedicated to tackling the most pressing issues facing older adults in the United States. SCAN Group is the sole corporate member of SCAN Health Plan, one of the nation’s leading not-for-profit Medicare Advantage plans, serving more than 285,000 members in California, Arizona, Nevada, and Texas. SCAN has been a mission-driven organization dedicated to keeping seniors healthy and independent for more than 40 years and is known throughout the healthcare industry and nationally as a leading expert in senior healthcare. SCAN employees are a group of talented, passionate professionals who are committed to supporting older adults on their aging journey, while also innovating healthcare for seniors everywhere. Employees are provided in-depth training and access to state-of-the-art tools necessary to do their jobs, as well as development and growth opportunities. SCAN takes great pride in recognizing our team members as experts in their fields and rewarding them for their efforts. If you are interested in becoming part of an organization that is innovating senior healthcare visit www.thescangroup.org, www.scanhealthplan.com, or follow us on LinkedIn; Facebook; and Twitter.
The Job
Responsible for the strategy and direction of compensation philosophy, policies and practices across the organization to ensure alignment with the overall mission, strategy and desired results. Designs, implements, and administers strategically-focused compensation programs for officers and key executives. Serves as the principal compensation partner for SCAN’s HR team, partnering with leadership to align compensation programs with the business strategy.
You Will
Oversee development of a compensation philosophy strategy by researching best practices and trends and perform analysis on effectiveness and competitiveness of existing compensation programs and present findings and creative solutions to management.
Work with senior management to develop and administer pay programs designed exclusively for executives, such as short- and long-term incentives, and supplemental executive benefit and perquisite programs.
Lead the annual compensation planning cycles, providing expert guidance on the design, development and administration executive, corporate, and field compensation programs, salary structures, base salary adjustments and incentives.
Oversee the annual compensation budgeting process, managing bonus programs, pay adjustment cycles, and market data ensuring strong governance.
Provide strategic and operational leadership in the design, development, implementation, administration, and communication of compensation, health and retirement benefit programs and leave administration so that they align with the company’s strategic vision and objectives.
Continually analyze company compensation policies in relation to similar jobs in comparable industries or geographical areas/market conditions; recommend best practices and, as agreed, oversee implementation of changes appropriate to establish and maintain competitive pay rates and equity.
Actively participate in business planning activities, recommending approaches to job and compensation design.
Conduct total reward integration work.
Actively support the achievement of SCAN’s Vision and Goals.
Other duties as assigned.
Your Qualifications
What's in it for you?
We're always looking for talented people to join our team! Qualified applicants are encouraged to apply now!
At SCAN we believe that it is our business to improve the state of our world. Each of us has a responsibility to drive Equality in our communities and workplaces. We are committed to creating a workforce that reflects our community through inclusive programs and initiatives such as equal pay, employee resource groups, inclusive benefits, and more.
SCAN is proud to be an Equal Employment Opportunity and Affirmative Action workplace. Individuals seeking employment will receive consideration for employment without regard to race, color, national origin, religion, age, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender perception or identity, age, marital status, disability, protected veteran status or any other status protected by law. A background check is required.
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