Compensation Business Partner

CommonSpirit Health
  • Chicago, IL
    19 days ago

    Job Description

    Job Summary and Responsibilities

    As our Compensation Business Partner, you will serve as a strategic consultant and evidence-based liaison, bridging the gap between the Total Rewards Center of Excellence and operational leadership. You will act as a dedicated change agent, ensuring that compensation strategies, policies, and pay practices are seamlessly aligned with CommonSpirit Health's broader mission, business objectives, and organizational growth initiatives across your assigned service area.

    Every day you will manage the intersection of data-driven analytics and human capital strategy. Your daily responsibilities involve monitoring the effectiveness of compensation programs, conducting market analysis to ensure internal equity and external competitiveness, and providing actionable insights to management. You will work closely with HR partners and leadership to navigate complex compensation challenges, provide expert guidance on workforce planning, and ensure that our pay structures support long-term sustainability and operational excellence.

    To be successful in this role, you will possess a high degree of business acumen and the ability to influence cross-functional teams to drive organizational performance. You will be a skilled communicator capable of "telling the story" behind our compensation initiatives, ensuring that leaders and team members understand the value of our programs. By fostering strong partnerships, maintaining rigorous regulatory compliance, and proactively managing integration projects such as Mergers & Acquisitions, you will directly contribute to a culture of fairness, belonging, and purpose-driven work.

    • Drive strategic compensation planning, including merit budgeting, forecasting, and market analysis for assigned service areas.
    • Partner with leadership to interpret complex compensation policies, ensuring consistent application and alignment with business goals.
    • Serve as a key change agent by developing and executing effective communication strategies that support new total rewards initiatives.
    • Monitor and manage compensation costs while maintaining internal pay equity and competitiveness within the healthcare market.
    • Ensure full compliance with all legal and regulatory requirements, coordinating with Legal and Labor Relations as needed.
    • Support organizational growth by providing expert compensation integration services for mergers, acquisitions, and divestitures.

    Job Requirements

    Required

    • Bachelor''s degree or four (4) years of job or industry-related experience in lieu of the degree. Minimum of two (2) years of experience in compensation related fields.
    • Knowledge of compensation programs and associated processes, issues and considerations;expertise in compensation design and concepts, market pricing, implementation and administration and cost controls.
    • Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment.
    • Understanding "big picture" thinking. Ability to apply organizational acumen to identify and maintain focus on key success factors for the organization.
    • Knowledge of the concepts, tools and techniques for effective listening and communicating; ability to apply these theories to receive, transmit and accurately interpret information and ideas to influence others in various situations.

    Preferred

    Certified Compensation or HR Professional.

    Where You''ll Work

    Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation's largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.

    Total Rewards

    Depending on the position offered, CommonSpirit Health offers a generous benefit package, including but not limited to medical, prescription drug, dental, vision plans, life insurance, paid time off (full-time benefit eligible team members may receive a minimum of 14 paid time off days, including holidays annually), tuition reimbursement, retirement plan benefit(s) including, but not limited to, 401(k), 403(b), and other defined benefits offerings, as may be amended from time to time. For more information, please visit our Total Rewards.

    Unless directed by a Collective Bargaining Agreement, applications for this position will be considered on a rolling basis. CommonSpirit Health cannot anticipate the date by which a successful candidate may be identified.

    Numbers & Facts

    LocationChicago, IL

    Skills

    • Alliance/Partner Managementunmatched
    • Analysis Skillsunmatched
    • Budgetingunmatched
    • Business Skillsunmatched
    • Certified Compensation Professionalunmatched
    • Communication Skillsunmatched
    • Compensation Managementunmatched
    • Compensation and Benefitsunmatched
    • Consultingunmatched
    • Cost Controlunmatched
    • Cross-Functionalunmatched
    • Data Managementunmatched
    • Dental Insuranceunmatched
    • Forecastingunmatched
    • Healthcareunmatched
    • Hospitalunmatched
    • Human Resourcesunmatched
    • Human Resources Analyticsunmatched
    • Industrial Relationsunmatched
    • Leadershipunmatched
    • Legal Support Skillsunmatched
    • Life Insuranceunmatched
    • Maintain Complianceunmatched
    • Market Analysisunmatched
    • Mergers and Acquisitionsunmatched
    • Nonprofitunmatched
    • Organizational Skillsunmatched
    • Prescription Drugsunmatched
    • Pricingunmatched
    • Program Evaluationunmatched
    • Project/Program Managementunmatched
    • Regulatory Complianceunmatched
    • Regulatory Requirementsunmatched
    • Strategic Planningunmatched
    • Sustainabilityunmatched
    • Tuition Reimbursementunmatched
    • Vision Planunmatched
    • Workforce Planningunmatched

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