Vice President, Total Rewards
Job Description
Join VillageMD as a VP of Total Rewards.
Join the frontlines of today's healthcare transformation
Why VillageMD?
At VillageMD, we're looking for a VP, Total Rewards to help us transform the way primary care is delivered and how patients are served. As a national leader on the forefront of healthcare, we've partnered with many of today's best primary care physicians. We're equipping them with the latest digital tools. Empowering them with proven strategies and support. Inspiring them with better practices and consistent results.
We're creating care that's more accessible. Effective. Efficient. With solutions that are value-based, physician-driven and patient-centered. To accomplish this, we're looking for individuals who share our sense of excellence, are ready to embrace change, and never settle for the status quo. Individuals who have the confidence to lead but the humility to never stop learning.
Could this be you?
We are looking for a VP, Total Rewards to join us in our mission. In this new role, you will partner with our Chief HR Officer to provide strategic design and direction, execution and ongoing management of VillageMD’s total rewards programs. As an integral member of our Talent leadership team, the Vice President, Total Rewards will have a focus on constant innovation to ensure that our benefit and compensation programs remain competitive, sustainable, scalable, and positively impact the short- and long-term performance of the organization. You’ll develop compensation and benefits programs and ensure they are engaging and retaining employees in alignment with the company’s business goals. Â
How you can make a difference
Benefits:
- Partner with CHRO and broader Executive Team on the development of company benefit strategy, aligning with VillageMD clinical model to manage quality and cost, as well as attract and retain a high-performance workforce
- Incorporate experience and marketing methodology into benefit implementation and communication strategy, simplifying complex concepts and ensuring team members are aware of the available support and investment on behalf of the enterprise
- Ensure compliance across all plans with applicable Federal, State and local regulations governing employer sponsored benefits
- Lead the annual open enrollment process including broker and carrier marketing, plan decisions and managing employee communication
- Develop an innovative and engaging benefits education program that extends beyond open enrollment period to provide a best-in-class experience for all employees
- Research new strategies for a self-funded organization and network to understand best practices in the industry
- Ensure all plan documents and Summary Plan Descriptions are updated, and stored for accessibility, 5500 Filings are filed accurately and in a timely manner, and oversee annual plan audits
- Monitor industry and external market and provide analysis on the impact of relevant developments in the compensation and benefits areas
- Communicate and interface with insurance companies and third-party benefit plan administrators to facilitate proper and complete utilization of benefits for all employees
Compensation:
- Oversee the design, implementation and administration of our compensation program that includes salary, bonus, and variable incentives including day-to-day management of these programs
- Lead the analysis of market survey data and area differentials, total rewards, recognition, and supplemental pay programs
- Conduct market pricing activities like job matching, data analytics, compensation practices and trends
- Leverage advanced understanding of market data methodology and compensation principles preparing results and identifying potential trends
- Develop required infrastructure to partner with broader business on compensation analysis and support of role pricing and banding guidelines
- Manage assessments of new tools to support compensation initiatives
- Oversee and update all compensation-related communications and materials and ensuring accuracy
- Partner with Legal team on FLSA reviews for current and new positions
Skills for success
- High emotional intelligence, the ability to forge meaningful relationships, and success navigating diverse stakeholder groups
- A keen sense of personal accountability for delivering individual and team results
- Experience performing with a sense of urgency, attention to detail, and a commitment to doing what you say you will do
- Move quickly to mitigate barriers to success and deploy effective change management processes to maximize opportunities for improvement
- Previously worked and managed clinical initiatives across a geographically dispersed organization including oversight for multiple geographic markets
- A core belief in a primary care led model and its potential for driving improved clinical outcomes
- Comfortable being a hands-on leader with a track record of “rolling up your sleeves” to drive desired outcomes
- Willingness to dive into data despite experience level
Experience to drive change
- 10 or more years of broad-based benefit and compensation program design, implementation, and ongoing administration
- Demonstrated experience with self-funded plan design, implementation, and on-going review including innovative approaches to managing employer cost while enhancing employee experience, service and quality of care
- Demonstrated experience with compensation principles and concepts, compensation analysis and consulting, including market pricing, comp plan structure/design, job evaluation and grading
- In-depth knowledge of all health and welfare benefits and associated processes and procedures and working knowledge of federal and/or state regulations affecting the administration of broad-based benefit, retirement, and compensation plans (COBRA, HIPAA, ERISA, etc.)
- Proven strategic orientation balanced by the ability to dig into the details and be a player-coach while building teams and total rewards infrastructure
- Experience with vendor and relationship management
- Excitement and passion for healthcare and being part of a close-knit, entrepreneurial team
- Extreme flexibility and the desire to be a key contributor to an energetic and passionate talent team
- A reputation for discretion, integrity, judgement, responsiveness, strong attention to detail and common sense
- Ability to travel occasionally to support needs across our markets
- Bachelor’s degree required
How you will thrive
In addition to competitive salaries, a 401k program with company match, bonus and a valuable health benefits package, VillageMD offers paid parental leave, pre-tax savings on commuter expenses, and generous paid time off. You work in a highly-collaborative, conscientious, forward-thinking environment that welcomes your experience and enables you to make a significant impact from Day 1.
Most importantly, you make a difference. You see a clear connection between your daily work on VillageMD products and services and the advancement of innovative solutions and improved quality of healthcare for providers and patients.
Our unique VillageMD culture – how inclusion and diversity make the difference
At VillageMD, we see diversity and inclusion as a source of strength in transforming healthcare. We believe building trust and innovation are best achieved through diverse perspectives. To us, acceptance and respect are rooted in an understanding that people do not experience things in the same way, including our healthcare system. Individuals seeking employment at VillageMD are considered without regard to race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. 
Those seeking employment at VillageMD are considered without regard to race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status or disability status.
Explore your future with VillageMD today.
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Date Posted
10/30/2022
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