Senior Director, Faculty/Physician Compensation - School of Medicine

Emory University is a leading research university that fosters excellence and attracts world-class talent to innovate today and prepare leaders for the future. We welcome candidates who can contribute to the diversity and excellence of our academic community.

As Senior Director of Faculty and Physician Compensation for the School of Medicine (SOM), manages the design, implementation, and maintenance of physician compensation programs to ensure equitable, legally compliant and competitive pay practices.

 

JOB DESCRIPTION:

• Develops and aligns strategies, initiatives, pay practices, and supporting infrastructure to achieve results that align with compensation and data analytics goals established within the enterprise.
• Serves as the subject matter expert in providing information on market trends and pay strategies that impact provider compensation.
• Models and develops compensation plans for specialty groups and individual sub-specialists, along with advising on best practices with PGP and SOM leadership.
• Responsible for overseeing high-level project-work and engaging in complex analytics pertaining to physician compensation and data analytics.
• Oversees the development and maintenance of databases, dashboards and custom reports/queries.
• Oversees the physician compensation and data analytics managers and analysts and serves as primary contact for external consultants.
• Partners with the Chief Operating Officer and Chief Business Officer, VP of HR PGP to determine which market surveys Emory will participate in.
• Also oversees the interpretation of surveys to ensure the maintenance of EHC's competitive position regarding benchmark jobs and the local, regional, and national markets.
• Works proactively with executive management on interpretation of existing compensation plans, including attending and leading monthly meetings, including but not limited to the physician compensation committee monthly meeting, and following up on outstanding questions/items regarding physician compensation.
• Partners with Physician Leadership and Administrators on Physician compensation design to ensure consistency as appropriate across PGP.
• Collaborates with PGP and SOM finance to perform financial modeling to ensure compliance with policies, regulatory requirements, enterprise mission and values, and financial constructs.
• Reviews market data reports and compiles market blended analysis for the determination of fair market-based compensation and productivity.
• Monitors all physician compensation programs for compliance will all pertinent regulations.
• Consults with and educates leaders on key regulatory developments and parameters.
• Oversees the development and implementation of new systems and databases relating to physician compensation and data analytics.
• Oversees the development, implementation and administration of compensation model standards for employed physicians, medical directors, and recruited physicians in collaboration with the Emory University SOM.
• Understands IRS intermediate sanctions, Stark Law, and Anti-Kickback Statute and has working familiarity with FMV concepts and national bench-marking.
• Keeps abreast of changes in physician compensation marketplace, including change from volume to value, and proposes changes to current physician compensation plans to keep pace with the market within legal and regulatory requirements.
• Serves as liaison to physician leadership in physician compensation design, changes, or interpretations of compensation plans or amendments and communication liaison with recruitment, operations, finance, human resources, and payroll.
• Manages broader seasonal compensation department activities such as annual market pricing, merit increases, etc. as needed.
• Performs related responsibilities as required.

MINIMUM QUALIFICATIONS:

• Bachelor's degree in Human Resources, Health Administration or related field required and 10 years of relevant human resources/compensation/finance experience. Higher education experience and familiarity with faculty and physician compensation preferred.
• Master's degree in Human Resources, Business Administration or Healthcare Administration preferred.
• Ability to function independently with a high level of autonomy and discretion.
• Knowledge of prevailing practices and regulatory developments in physician compensation.
• Ability to facilitate program design and create consensus.
• Ability to independently interact with leaders on matters of significance.
• Ability to develop financial models, cost projections and develop/manage budgets associated with provider remuneration programs.
• Strong communication skills (written and verbal) and high customer service focus/collaboration.
• Advanced MS Excel, Access and PowerPoint skills.
• Ability to clearly and concisely present information of a complex nature.
• Ability to develop and foster key business relationships with leaders.

 

NOTE: This role will be granted the opportunity to work from home regularly but must be able to commute to Emory University on a flexible weekly schedule based upon business needs.  Schedule is based on agreed upon guidelines of department. This role requires residency in the state of GA. Emory reserves the right to change remote work status with notice to employee. 

Emory University is dedicated to providing equal opportunities and equal access to all individuals regardless of race, color, religion, ethnic or national origin, gender, genetic information, age, disability, sexual orientation, gender identity, gender expression, and veteran's status. Emory University does not discriminate in admissions, educational programs, or employment on the basis of any factor stated above or prohibited under applicable law. Students, faculty, and staff are assured of participation in University programs and in the use of facilities without such discrimination. Emory University complies with Executive Order 11246, as amended, Section 503 of the Rehabilitation Act of 1973, the Vietnam Era Veteran's Readjustment Assistance Act, and applicable executive orders, federal and state regulations regarding nondiscrimination, equal opportunity and affirmative action. Emory University is committed to achieving a diverse workforce through application of its affirmative action, equal opportunity and nondiscrimination policy in all aspects of employment including recruitment, hiring, promotions, transfers, discipline, terminations, wage and salary administration, benefits, and training. Inquiries regarding this policy should be directed to the Emory University Department of Equity and Inclusion, 201 Dowman Drive, Administration Building, Atlanta, GA 30322.
Emory University is committed to providing reasonable accommodations to qualified individuals with disabilities upon request. To request this document in an alternate format or to request a reasonable accommodation, please contact the Department of Accessibility Services at 404-727-9877 (V) | 404-712-2049 (TDD). Please note that one week advance notice is preferred.

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