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Robert Half Compensation Analyst in Clive, Iowa

Description Position Overview:

We are seeking an experienced Senior Physician Compensation Analyst to join our dynamic team and play a pivotal role in managing and optimizing physician compensation programs within our organization. As a Senior level professional, you will be responsible for conducting complex analysis, developing innovative compensation strategies, and ensuring the alignment of compensation practices with organizational goals and industry standards.

Responsibilities:

• Strategic Compensation Planning: Collaborate with senior leadership and HR teams to develop, implement, and refine physician compensation strategies that attract, motivate, and retain top-tier medical talent while ensuring internal equity and compliance with regulatory guidelines.

• Data Analysis: Utilize advanced quantitative and qualitative analysis techniques to evaluate physician compensation data, including productivity, revenue generation, and clinical outcomes. Identify trends, patterns, and opportunities for improvement to inform compensation decisions.

• Market Research: Conduct comprehensive market research to benchmark physician compensation against industry standards, regional trends, and competitor practices. Present findings to leadership and recommend adjustments as needed.

• Incentive Plan Design: Lead the design and administration of physician incentive and bonus programs that drive desired performance outcomes. Ensure that incentive plans are transparent, equitable, and aligned with business objectives.

• Compensation Review: Perform regular reviews of existing compensation structures and make recommendations for adjustments based on changing market conditions, organizational needs, and regulatory requirements.

• Stakeholder Collaboration: Work closely with medical leadership, finance, legal, and HR departments to gather insights, align strategies, and ensure compliance with relevant laws and regulations.

• Data Integrity: Oversee the accuracy and integrity of compensation data, maintaining a high level of confidentiality and security. Develop and maintain standardized documentation and processes for data collection and analysis.

• Communication: Prepare and deliver clear, concise, and insightful reports and presentations to communicate compensation analysis findings, recommendations, and strategies to executive leadership and other stakeholders.

• Team Leadership: Provide guidance, mentorship, and training to junior compensation analysts, fostering a collaborative and growth-oriented environment within the compensation team.

Qualifications:

• Bachelor's degree in Finance, Economics, Business Administration, Human Resources, or a related field. Master's degree preferred.

• Minimum of 5 years of experience in physician compensation analysis or a related field, preferably in a healthcare setting.

• Strong analytical skills with proficiency in data manipulation, statistical analysis, and financial modeling.

• Knowledge of physician compensation trends, market benchmarks, and industry best practices.

• Familiarity with healthcare regulations, compliance requirements, and their impact on compensation practices.

• Excellent communication and presentation skills, with the ability to convey complex concepts to non-technical stakeholders.

• Proficiency in compensation software, data analysis tools, and Microsoft Office Suite.

• Strong attention to detail, organizational skills, and the ability to work in a fast-paced environment. Requirements Compensation Administration, Compensation - Commissions, Compensation Analysis, Audit Reports, Account Reconciliation, Medical Benefits

Robert Half is the world’s first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles.

Robert Half works to put you in the best position to succeed. We provide access to top jobs, competitive compensation and benefits, and free online training. Stay on top of every opportunity - whenever you choose - even on the go. Download the Robert Half app (https://www.roberthalf.com/us/en/mobile-app) and get 1-tap apply, notifications of AI-matched jobs, and much more.

All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals, including medical, vision, dental, and life and disability insurance. Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan. Visit roberthalf.gobenefits.net for more information.

© 2024 Robert Half. An Equal Opportunity Employer. M/F/Disability/Veterans. By clicking “Apply Now,” you’re agreeing to Robert Half’s Terms of Use (https:///www.roberthalf.com/us/en/terms) .

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