Title:  Executive Director, Compensation

Division:  Human Resources
Schedule:  Monday - Friday, 8 a.m. - 5 p.m.
Work Location:  Hybrid
Salary Range:  $175,000 - $200,000
FLSA Status:  Exempt
Requisition ID:  11022

Summary

The Executive Director of Compensation at Baylor College of Medicine will be responsible for leading the design and implementation of the Compensation strategy, philosophy and administration for both faculty and staff employees.  This role will oversee a team of analysts and subject matter experts, who will partner with College leadership, to execute a job architecture and other initiatives to improve pay strategies and processes that will attract, retain and motivate talent.  This position is eligible for an annual performance-based bonus.

 

This position is eligible to work a hybrid work schedule, working two days in the office and three days remotely.

Job Duties

  • This position will oversee the Compensation function and team at Baylor.
  • Designs and administers a competitive compensation strategy and programs that are linked to organizational and functional business plans and objectives.
  • Ensures competitiveness of compensation plans and programs by continuing to assess and realign pay practices according to market trends.
  • Oversees executive compensation and administers physician compensation.
  • Oversees a job architecture initiative to ensure that jobs are appropriately classified and graded.
  • Establishes and evaluates salary structures and compensation policies to ensure equitable and competitive pay practices.
  • Evaluates and drives process and analysis efficiency within the Compensation team.
  • Oversees compliance with compensation-related legislation, including FLSA, providing guidance and training to HR professionals and business managers.
  • Partners with business leaders to understand and support their business objectives by providing analytical support, competitive offer recommendations, and expert compensation advice for their functional areas.
  • Recruits, interviews, selects, and evaluates the performance of compensation staff.
  • Ensures appropriate confidentiality is maintained in compliance with BCM policies, and state and federal regulations.
     

Minimum Qualifications

  • Bachelor’s degree.
  • Fifteen years of directly related experience with five years of supervisory experience.

Preferred Qualifications

  • Master’s degree. Eleven years of directly related experience with five years of supervisory experience.
  • Strong Compensation knowledge and skills; ability to develop compensation strategy, philosophy and guidelines.
  • Strong quantitative, statistical, and analytical skills, as well as attention to detail.
  • Ability to develop, drive and execute plans and objectives and achieve business goals.
  • Strong verbal, written, presentation and communications skills.
  • Ability to build and sustain strong relationships with leaders across the organization.
  • Strong project management skills and the ability to work well under pressure and manage multiple priorities.
  • Strong management skills and the ability to influence and provide direction and guidance to the Compensation team.

 

 

Baylor College of Medicine requires employees to be fully vaccinated -subject to approved exemptions-against vaccine-preventable diseases including, but not limited to, COVID-19 and influenza.

 

Baylor College of Medicine is an Equal Opportunity/Affirmative Action/Equal Access Employer.

 11022

CA; CH