Compensation Principal

at Humana in Springfield, Illinois, United States

Job Description

Become a part of our caring community and help us put health first

The Compensation Principal develops, implements, and administers compensation programs. The Compensation Principal provides strategic advice and guidance to functional team(s). Highly skilled with broad, advanced technical experience.

+ Works cross functionally to set Compensation strategy with a focus on attracting and retaining talent

+ Partner with internal compensation partners, to ensure positioning across compensation programs is aligned with defined strategic objectives

+ Looks to the future to help develop opportunities to advance Compensation strategy and operating model. For example, the use of Artificial Intelligence

+ Works with Benefits/Associate Well-being Principal to help develop a holistic Total Rewards strategy

+ Focuses on the Associate Experience and overall culture, engagement, and change impact of compensation strategy to the enterprise

+ Creates a positive brand for Compensation through internal and external partnerships. Including opportunities for Compensation to co-author articles, speaking engagements, external recognition (e.g., best practices)

+ Examples of external partnerships: Mercer, PayScale, Trusaic, Deloitte, EY, Worldatwork, AON, etc.

+ Explores opportunities to support development, training, education, and impactful communications

+ Explores Technology and efficiencies to advance the strategy. For example, a Total Rewards platform

+ Other duties as assigned

Use your skills to make an impact

Required Qualifications

+ 10 or more years of compensation experience and subject matter expertise ( base bay, incentives, all Compensation aspects)

+ Ability to establish and develop strong partnerships and connections with key senior stakeholders and internal clients across numerous functional areas – including business segment leadership, Strategy, HR, Finance, Communications, Legal, among others

+ 5 or more years of record of success in thinking deeply through complex topics/business problems, then developing and successfully implementing well thought through plans

+ Proven expertise in problem resolution, including strong data and analytics skills to enable common linkages to be identified and connected

+ High level of execution and ability to influence, critical thinking

+ Highly organized and self-driven with an ability to work in a fast paced, deadline-driven environment

+ Previous experience working within a team-based atmosphere with shared responsibility

+ Experience navigating in a large company with a complex and heavily matrixed organizational structure

+ Exceptional written and oral communication skills

Preferred Qualifications

+ Bachelor’s degree (preferably a Master’s Degree)

+ Prefer consulting background ( Mercer, Deloitte, etc)

+ 5 or more years of formal Leadership experience

+ 5 or more years of Total Rewards experience

Additional Information

Work-At-Home Requirements:

To ensure Home or Hybrid Home/Office associates’ ability to work effectively, the self-provided internet service of Home or Hybrid Home/Office associates must meet the following criteria:

  • At minimum, a download speed of 25 Mbps and an upload speed of 10 Mbps is recommended; wireless, wired cable or DSL connection is suggested
  • Satellite, cellular and microwave connection can be used only if approved by leadership
  • Associates who live and work from Home in the state of California, Illinois, Montana, or South Dakota will be provided a bi-weekly payment for their internet expense.
  • Humana will provide Home or Hybrid Home/Office associates with telephone equipment appropriate to meet the business requirements for their position/job.
  • Work from a dedicated space lacking ongoing interruptions to protect member PHI / HIPAA information

Social Security Task:

Alert: Humana values personal identity protection. Please be aware that applicants being considered for an interview will be asked to provide a social security number, if it is not already on file. When required, an email will be sent from with instructions to add the information into the application at Humana’s secure website.

Interview Format:

As part of our hiring process for this opportunity, we will be using an exciting interviewing technology called Modern Hire to enhance our hiring and decision-making ability. Modern Hire allows us to quickly connect and gain valuable information for you pertaining to your relevant skills and experience at a time that is best for your schedule. If you are selected for a first round interview, you will receive an email correspondence inviting you to participate in a Modern Hire interview. In this interview, you will receive a set of interview questions over your phone and you will provide recorded or text message responses to each question. You should anticipate this interview to take about 15 minutes. Your recorded interview will be reviewed, and you will subsequently be informed if you will be moving forward to next round of interviews.

Scheduled Weekly Hours


Pay Range

The compensation range below reflects a good faith estimate of starting base pay for full time (40 hours per week) employment at the time of posting. The pay range may be higher or lower based on geographic location and individual pay will vary based on demonstrated job related skills, knowledge, experience, education, certifications, etc.$136,200 – $187,400 per yearThis job is eligible for a bonus incentive plan. This incentive opportunity is based upon company and/or individual performance.

Description of Benefits

Humana, Inc. and its affiliated subsidiaries (collectively, ‘Humana’) offers competitive benefits that support whole-person well-being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave), short-term and long-term disability, life insurance and many other opportunities.

About us

Humana Inc. (NYSE: HUM) is committed to putting health first – for our teammates, our customers and our company. Through our Humana insurance services and CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large.

Equal Opportunity Employer

It is the policy of ?Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or because he or she is a protected veteran. It is also the policy of ?Humana?to take affirmative action to employ and to advance in employment, all persons regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment.

Humana complies with all applicable federal civil rights laws and does not discriminate on the basis of race, color, nati

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Job Posting: JC257797842

Posted On: Apr 03, 2024

Updated On: May 16, 2024

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