This position performs a variety of project-oriented tasks to support compensation specific initiatives, processes and standards. Projects and activities include, but are not limited to, ongoing participation and analysis of compensation survey data used as the basis for employee and/or provider compensation. Researches and responds to provider and leadership inquiries regarding employee/provider compensation.
Prepares, participates and submits annual compensation survey data to national survey vendors; reviews survey results and prepares a summary of data findings to support the annual compensation review process, including recommendations and decision making efforts.
Updates compensation formulas and/or develop compensation formulas and modeling as guided by leadership. May assist with the preparation of the annual budget related to provider compensation by preparing schedules and analyzing data for reasonability compared to current expenses and known changes.
Supports Compensation team with maintenance of position descriptions, position identification numbers and salary structures in the HRIS system. This may include troubleshooting for problem scenarios and escalation, as needed, to other internal or external resources to ensure successful resolution. This may also include training of application users.
Performs regular and ongoing analysis of compensation programs and practices. Identifies areas of concern and shares with leadership.
Utilizes software programs and reporting tools to review and analyze provider performance, including production data, also known as relative value units (RVUs) used to calculate the volume of work or effort expended by a provider in treating patients. Assists with researching and responding to inquiries.
Performs data maintenance and audits to ensure data is stored accurately and effectively. This may include serving as a lead on departmental audits; ensures audits are handled timely and effectively through the coordination of others. Assists with documenting desktop procedures and identifying ways to streamline and enhance department processes.
Provide assistance on special projects as needed.
Must possess a knowledge of business or human resources as normally obtained through the completion of a bachelors degree in business, finance/accounting, human resources or related field.
Must demonstrate a good understanding in data reporting and analytics as normally obtained through two years of experience in finance/accounting, human resources or related field. Requires the ability to analyze data and identify patterns and trends. Requires strong attention to detail, commitment to follow through, and ability to work independently following general direction and oversight from leadership. Must have sound verbal and written communication skills.
Additional related education and/or experience preferred.
Internal Number: 254085
About Banner Health
You want to change the health care industry – one life at a time. You belong here. You’re excited to be part of the dramatic changes happening in the health care field. In fact, you thrive on change. But you also understand that excellent, compassionate patient care is the true measure of the success of these changes. You belong at Banner Health. Our award-winning, comprehensive health system includes 23 hospitals in seven western states, primary care health centers, research centers, labs, a network of physician practices and much more. Throughout our system, skilled, compassionate professionals use the latest technology to change the way care is provided. If you’re looking to be a key contributor to a forward-looking organization, you’ll experience a wide variety of professional advantages: •Our vision for changing the future of health care gives you the opportunity to leverage your abilities to achieve something historic. •Our expansive system offers you an unmatched variety of clinical settings – from large urban trauma center to small rural hospital, ambulatory to home health. Our system also includes hospitals specializing in cancer, heart health and pediatrics. •Our many loc...ations also translate into a broad selection of exciting and rewarding lifestyle options – from the big city to the wide-open spaces. •Our commitment to healthcare innovation means you always have the latest technologies at your fingertips to help you provide the finest care possible. •The size, success and growth of our system provide you with the stability and options to pursue your desired career path. •Our competitive compensation and comprehensive benefits offer you options to complement your unique needs.