This role serves as a consultant to senior management and physician/APRN/PA leadership regarding provider total reward policies and programs. Works closely with human resources, provider compensation leadership, finance and legal to set strategic direction, compensation design, planning, implementation and communication of physician/APRN/PA total rewards plans. Educates and answers questions regarding changes physician APRN/PA total rewards methodologies and/or regulations. Responsible for analysis, administration and oversight of all approved plans.
Responsibilities
Oversight of market analysis – including facilitate survey participation, market pricing of roles, analyze the organizations competitive position
Design, plan and implement compensation models, including management consulting relationships
Maintain plan documents
Directs the administration of the provider compensation plan, ensuring accuracy of all data used for physician compensation (including financial analysis and reporting)
Responsible for the day to day administration of specialty physician and APRN/PA compensation programs
Manage the administration of salary planning for physicians and APRNs/PAs
Partners with legal and business owners to collaborate on FMV analysis for employed and contracted physicians
Provide support for governance and approval bodies
Proactively identify physician practices that need improvement, review and/or change
Identify and communicate best practices or policies and key metrics when performing physician practice evaluations
Develops and supervises reliable timely and efficient processes for managing physician comp arrangements
Develops tools and metrics to monitor the performance of compensation plans relative to the budget
Remains educated on industry trends around physician comp and acts as a proactive consultant and advisor to senior leadership
Ensures appropriate data mgmt. incorporates use of appropriate and validated source systems efficient data collection tools, integrity of data sources
Directs activities of physician APRN/PA total rewards staff
Required Qualifications
Bachelor of Arts in Human Resources, Finance or Business
6 yrs experience in HR, finance, and/or compensation to include a minimum of 4 years in physician/APRN/PA total rewards including 3 plus years of experience in physician/APRN/PA productivity compensation models
Preferred Qualifications
Master of Arts in Human Resources, Business or Finance
10 years relevant experience
Qualifications:
$132,995.20- $187,761.60 Annual
Numbers & Facts
Location
St Paul, Minnesota
Salary
$132,995.20–$187,761.60 Per Year
Skills
Analysis Skillsunmatched
Best Practicesunmatched
Budgetingunmatched
Compensation and Benefitsunmatched
Competitive Analysis/Strategyunmatched
Consultingunmatched
Contract Analysisunmatched
Data Collectionunmatched
Data Managementunmatched
Data Qualityunmatched
Financeunmatched
Financial Analysisunmatched
Financial Reportingunmatched
Human Resourcesunmatched
Industry/Trade Analysisunmatched
Leadershipunmatched
Legalunmatched
Management Consultingunmatched
Market Analysisunmatched
Market Surveysunmatched
Market Trackingunmatched
Metricsunmatched
Performance Analysisunmatched
Pricingunmatched
Productivity Modelunmatched
Regulationsunmatched
Strategic Planningunmatched
System Validationunmatched
Time Managementunmatched
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