Physician Compensation Manager

Minimum Qualifications:

• Bachelor's degree in healthcare, business administration or a related field required. Master's degree preferred.
• 7-10 years of experience in compensation-related positions.
• 5 years in the healthcare industry preferred.
• Demonstrated knowledge of physicians' compensation practices.

POSITION SUMMARY

• The Manager of Physician Compensation supports the Senior Director of Total Rewards in managing the compensation review process across all medical groups.
• Develops physician compensation strategies that align with financial and organizational goals and objectives.
• This position maintains and assists in making recommendations related to physician compensation plans that drive productivity and profitability.
• Responsible for the planning, design and implementation of relevant pay practices to ensure fair market value.
• Designs policies and procedures to ensure regulatory compliance in relation to physician compensation plans and practices.
• Advises and consults with the Compensation and HR Teams in the data analysis and implementation of physician compensation policies and research.
• Partners with leadership and the Legal team to develop or modify new agreements.
• Administrates the compensation systems that house existing agreements.
• Coordinates payments for physicians with Human Resources and Payroll.
• Needs the technical skill sets for financial modeling and internal/external competitive assessments.
• Serves as communication liaison with Medical Network Leadership, Business Development, Recruiting and Finance departments, as well as Medical Network Human Resources and Payroll departments.

QUALIFICATIONS

• EDUCATION: Bachelor's degree in healthcare, business administration or a related field required. Master's degree preferred.

WORK ENVIRONMENT
Potential for exposure to the hazards and risk of the hospital environment, including exposure to infectious disease, bloodborne pathogens, hazardous substances and potential injury. Moderate to heavy lifting, pushing, and pulling, continuous walking and standing.

REPORTING RELATIONSHIP
This position will report to the Senior Director of Total Rewards.  This position will have no immediate direct reports.

The above statement reflects the general details considered necessary to describe the principal functions of the job as identified and shall not be considered as a detailed description of all work requirements that may be inherent in the position.