Stanford Medicine is leading the biomedical revolution in precision health.
We are transforming health care away from after-the-fact diagnosis to prediction and prevention and away from one-size-fits-all medicine to personalized care that empowers people to lead healthy lives. We are leveraging the art and science of medicine to predict and prevent disease before it strikes and cure it decisively if it does.
To achieve our Precision Health vision, we are integrating, building, and leveraging our strengths in fundamental research, the new field of biomedical data science, and nine transformative biomedical platforms. As a learning health system, we will apply these advances in our hospitals and health care delivery systems within Stanford Health Care and Stanford Children's Health.
Our Values
Fulfilling our promise to humanity requires the engagement of a diverse, creative, and collaborative team of professionals who work together to advance our research, education, and patient care mission. We strive to create a culture of inclusion and belonging to ensure all employee have the meaningful employment experience that is necessary to do their best work. We value and integrate justice, equity, diversity, and inclusion into all that we do, as reflected by the following initiatives:
We offer competitive compensation, high quality benefits, and a flexible work from anywhere opportunity, as referenced below.
As a Senior Compensation Analyst at Stanford University, School of Medicine, you will play a critical role working within the Human Resources Group by collaborating with a team of professionals to contribute your expertise to the design, implementation and management of base salary and incentive plans. You will provide compensation support and customer service to Human Resources / People Operations Managers and business leaders.
JOB DUTIES
Participate in compensation and best practice benchmarking for employees, management and executives; provides reports on compensation market trends through research and analysis of formal and informal salary surveys, and other third-party vendors/research methods ensuring competitive positioning and internal equity
Design/develop incentive plans programs in collaboration with School Leadership
Provide research and analyses for purposes of developing and/or revising existing programs, policies, and/or practices; make recommendations based on analyses and assist in implementing solutions.
Provide Consultation and expert advice to resource managers and line managers in the administration of the university's compensation program on a consistent, equitable, and legally compliant basis university-wide, including reviewing exception requests and approving annual salary plans.
May serve as project lead on projects related to policy and program development and administration, including developing project plan and timetable, identifying issues, and recommending solutions.
Participate in organizational design activities, complete job evaluations on new or reclassified roles, review benchmark market data, and make recommendations for salary range and job classification
In collaboration with HR team members, lead and administer the annual compensation planning process including analyzing and modeling scenarios, develops processes, tools, guidelines communications, etc.
Review job descriptions and bargaining unit specifications, apply job evaluation techniques to determine the appropriate job classification and exemption status, and independently provide recommendations to human resource managers and/or line managers on classifications.
In partnership with HR team members, develop and implement education/awareness, training, or job aids to support the company's compensation, reward, and recognition activities
Stay up-to-date and take initiative with compensation trends within and outside the industry to identify and adapt changes to current processes to minimize and/or avoid exposure to potential risks
Prepare and present job and compensation analysis.
Gathers data from market-based compensation surveys; uses spreadsheet and data analysis techniques to assess results and market trends.
Evaluates and implements job analysis instruments and materials.
DESIRED QUALIFICATIONS
Compensation Professional Certification and/ or MBA
Medical School, health care or medical device industry knowledge
Skill and experience serving a diverse client base
Skill and experience providing excellent client service in a multi-function environment
Ability to embrace new ideas; adapt and use alternate approaches to work; and support process improvement strategies in a continuing effort to optimize services.
Actively listen to and resolve client service issues with tact and diplomacy; remain proactive and positive when faced with difficult situations
Ability to influence and develop strong working relationships with multiple partners, including executives, line management, and peers
Skill and experience independently creating clear and concise written communication that is grammatically and punctually correct. Ability to communicate effectively, both orally and in writing, with a diverse group of stakeholders, maintain confidentiality at all times.
Demonstrated experience and application of expert knowledge in compensation concepts and strategic objectives to resolve complex issues in creative and effective ways
Extensive knowledge of quantitative and qualitative research methods.
Extensive knowledge of human resource laws, regulations and best practices.
EDUCATION & EXPERIENCE (REQUIRED):
Bachelor's degree and five years of relevant experience, or a combination of education and experience.
KNOWLEDGE, SKILLS AND ABILITIES (REQUIRED):
Expertise with salary survey participation, market analysis, job evaluation
Proficiency with Microsoft Office suite, specifically, Word and Excel.
Advanced analytical, critical thinking, and computational/statistical skills.
Commitment to promote and sustain a culture that understands, acknowledges and celebrates differences
Effective communication (verbal and written), consultation, facilitation, and presentation skills.
Demonstrated knowledge of compensation practices and trends.
Strong understanding and experience in applying federal and California state and federal wage and hour regulations.
PHYSICAL REQUIREMENTS*:
Frequently stand/walk, sit; frequently use a perform desk based computer tasks, grasp lightly/fine manipulation.
Occasionally use a telephone, write by hand, sort/file paperwork, twist/bend/stoop/squat, reach/work above shoulders, grasp forcefully, lift/carry/push/pull objects that weigh up to 10 pounds.
Rarely kneel/crawl.
* - Consistent with its obligations under the law, the University will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.
WORKING CONDITIONS:
Occasional evening and weekend hours. Travel up to 15% time
WORK STANDARDS:
Interpersonal Skills: Demonstrates the ability to work well with Stanford colleagues and clients and with external organizations.
Promote Culture of Safety: Demonstrates commitment to personal responsibility and value for safety; communicates safety concerns; uses and promotes safe behaviors based on training and lessons learned.
Subject to and expected to comply with all applicable University policies and procedures, including but not limited to the personnel policies and other policies found in the University's Administrative Guide, http://adminguide.stanford.edu.
Flexible Work Schedule: The position is a remote work from anywhere position, with travel 3-4 times per year to attend staff development event. If the position is designated as remote, Stanford Medicine will pay for travel associated with required on site activities. Additionally, a one-time stipend is granted to cover the cost of setting up your remote office space.
Comprehensive Health and Welfare Benefits: On day one of employment, you are eligible for medical, dental, and vision benefits, some at significantly reduced cost for individual coverage, depending on your elections. https://cardinalatwork.stanford.edu/benefits-rewards/health
Unmatched Time Away Benefits: You will receive 15 vacation days, 3 PTO days, 12 sick days,10 paid holidays, and 1 paid floating holiday in your first year of employment. Additionally, we have a 1.5 - 2-week annual winter closure. https://cardinalatwork.stanford.edu/benefits-rewards/time-away
Unique Education Benefits: This position is eligible for the Tuition Grant Program (TGP), once you have completed five (5) years of continuous benefits-eligible service. The TGP helps eligible faculty, staff and retirees pay for the cost of undergraduate college education for their eligible children. The program pays all or a portion of college tuition at accredited institutions for up to four years of course work required for an undergraduate degree.
Work Life Programs: The Stanford Work Life Office delivers programs and services to help employees manage the competing demands of work, school, family and personal responsibilities. https://cardinalatwork.stanford.edu/benefits-rewards/worklife
Why work at Stanford?Stanford University has changed the world, over and over again.We are one of Silicon Valley's largest employers - and also one of the most unique. Our mission is to educate future leaders and promote interdisciplinary, world-class research and teaching. This passion makes Stanford an intensely creative, rewarding, and challenging place to work. At the same time, our traditions of respect and collaboration sustain a humane, supportive environment in which to pursue your life and your career.At Stanford you'll work with bright, diverse, dedicated people. You'll find encouragement to learn and grow. You'll enjoy excellent benefits and an outstanding environment. How will it change you?
