The Wake Forest University School of Medicine (WFUSM) Senior Physician and Faculty Compensation Analyst will develop, implement, and administer the compensation programs in support of the physician, provider, and faculty population. Provide integral support to the leadership to deliver compensation programs that attract, retain, and engage the diverse workforce. Work closely with the finance and human resources teams to establish pay levels at the point of hire, conduct analyses to ensure equitable compensation for current teammates, support the data and reporting needs of the teammate population, and support equity analyses throughout the organization.
Required Qualifications:
- Bachelor’s degree in finance, business, or related field or demonstrated equivalency.
- Experience applying data and analytics to influence decision making and business outcomes.
- Experience in organizing and prioritizing multiple projects / deliverables.
- Proficient with MS Office (Excel / PowerPoint / etc.), Strong analytical skills
Preferred Qualifications:
- Master’s degree in finance, business, or related field.
- Project management experience and experience working independently.
- Understanding of financial data.
- Experience with physician, APP, and/or faculty compensation & productivity benchmarks.
- Experience managing large data sets, excel models and excel based simulations.
- Experience in academic medical center or higher education institution.
- Ability to effectively deliver consultation services and build relationships with managers, peers in the HR community, and other stakeholders.
- Experience creating and maintaining reports and visualizations to present data in a meaningful way, using a range of tools such as Excel, PowerPoint, Tableau.
Job Duties:
- Lead analysis for complex compensation projects related for assigned group (E.g. physicians, non-clinical faculty, advance practice providers)
- Recommend compensation packages for new hires, based on specialty or discipline, appropriate benchmark data, productivity expectations, and internal equity analyses
- Prepare and deliver market analyses, pay analyses and other compensation services
- Provide data and reporting support for annual compensation programs including preparing, analyzing, and disseminating data as appropriate
- Manage and audit the compensation budget and effort including budget review and monitoring to ensure the financials correctly reflect all expense and are attributed to appropriate accounts based on internal and external guidelines.
- Participate in and inform the annual compensation budget planning process.
- Ensure compensation programs are competitive, cost effective, drive and reward a high-performance culture and are aligned with current and future strategic direction
- Partner with Finance and Human Resources leaders to administer annual compensation process, including analyzing recommendations for pay levels internally and to appropriate benchmarks
- Assist in the development of resources and guidance documents to support leaders and teammates
- Complete data submissions to benchmark salary surveys; identify and track opportunities for new survey matches throughout the year; and utilize market data to recommend appropriate compensation ranges
- Compile data for pay equity reviews, partnering with leadership, human resources, faculty affairs, external vendors, and legal as necessary to ensure equity reviews are conducted appropriately and on time, with complete data to make recommendations to leadership
Work Environment:
- Work schedule: onsite/work from home per department/enterprise needs
- Clean, well-lit, office environment
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Wake Forest University School of Medicine (WFUSM) is a U.S. News and World Report top 50 ranked medical school, integrated with a world-class health system, Atrium Health. WFUSM, the academic core of Atrium Health Enterprise, is a recognized leader in experiential medical education and groundbreaking research that includes Wake Forest Innovations, a commercialization enterprise focused on advancing health care through new medical technologies and biomedical discovery. WFUSM, has over $300M in annual, extramural funding that drives a cutting-edge Academic Learning Health System by integrating innovative research with excellent patient care across our enterprise.
Atrium Health is based in Winston-Salem, North Carolina and is part of Advocate Health, which is headquartered in Charlotte, North Carolina, and is the fifth-largest nonprofit health system in the United States, created from the combination of Atrium Health and Advocate Aurora Health. AHWFB is an 885-bed tertiary-care hospital in Winston-Salem – that includes Brenner Children’s Hospital, five community hospitals, more than 300 primary and specialty care locations and more than 2,700 physicians.
Our highly integrated academic and clinical environment is deeply committed to improving health, elevating hope, and advancing healing – for all.
It should be noted that while you are applying on the Wake Forest University School of Medicine Career Site, you will receive communications from the Atrium Health Recruitment Team. Please know that this is an expected process. Thanks in advance for your flexibility.
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