Compensation Manager
Owens & Minor
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $125,000 per year
About the role
- Assist in the design, implementation and administers compensation programs (base pay, bonus, other incentives, etc.) that align with business strategy, are cost and market competitive, and enable the business to attract, retain and reward a global workforce.
- Plans, designs, communicates, and administers equitable and competitive total cash compensation packages and programs (base pay, incentives, bonuses, sales compensation).
- Serves as a partner to the HR community, identifying and resolving compensation-related issues.
- Guides and facilitates conversations on how the business’ compensation programs can drive and support it’s short and long-term success.
- Manages short and long-term compensation projects.
- Partners with stakeholder teams to develop and drive Owens & Minor's Global Compensation philosophy and strategy; teams with in-country/regional HR resources on local implementation; performs due diligence activities for M&A; champions the Owens & Minor teammate-focused culture.
- Provides thought leadership in the ongoing assessment of compensation programs and offerings to ensure that they are both meeting business needs and are current with marketplace practices.
- Develops, implements, and measures the success of market-competitive, global total compensation plans and policies that meet the diverse needs of teammates in differing geographical areas.
- Working with stakeholders to develop meaningful scorecards that tie to organizational goals.
- Oversees administration of teammate compensation for assigned company operations.
- Provides special guidance and assistance to domestic and global locations.
- Leads assigned annual processes for the organization (merit, pay structure, cash/stock incentive compensation planning, etc.).
- Prepares materials/presentations for use by the Leadership Team to make data driven decisions.
- Evaluates and compares existing company total compensation programs with competitors through benchmarking, surveys, and other information sources.
- Analyzes results of surveys and develops specific recommendations for review by management.
- Engages in both intra-departmental and cross-functional compensation projects (incentives budgeting, merit planning, survey management/participation, internal/external auditor coordination, etc.).
Requirements
- Bachelor’s Degree required; MBA or other relevant Advanced degree preferred
- 5 or more years of related experience (Compensation, Total Rewards, etc.)
- Certified Compensation Professional (CCP), Certified Equity Professional (CEP), SPHR, and/or SHRM-SCP certification preferred
- Or any combination of education and experience to meet the above requirements
- Demonstrated global total compensation knowledge and skills with the ability to translate/adapt concepts to domestic and international audiences
- Knowledge of market pricing techniques and systems
- Knowledge of designing, developing, and administering short and long-term incentive plans.
- Knowledge of Workday, Advanced Comp Module
- Understanding of organization design concepts and best practices
- Ability to think strategically and deliver tactically
- Ability to work collaboratively across cultures and organizations
- Strategically focused on continuous improvement
- Ability to work independently and within a team environment
- Action oriented and adept at working in a fast-paced, growing organization
- Strong interpersonal and communication skills to interact with all levels of an organization and diverse cultures
- Strong negotiation and persuasion skills, with ability to professionally interact with a diverse blend of personalities to reach resolution
- Excellent analytical skills with ability to synthesize and analyze complex data to develop recommendations based on fact and logic
- Demonstrates good judgment in selecting methods and techniques for obtaining solutions
- Ability to select, develop, coach, counsel and motivate others
- PC Skills (spreadsheet and word processing skills); Demonstrated familiarity with OFCCP, FLSA, FMLA, ERISA, COBRA, HIPAA, PPACA, IRS and SEC regulations
Benefits
- Comprehensive Healthcare Plan - Medical, dental, and vision plans start on day one of employment for full-time teammates.
- Educational Assistance - We offer educational assistance to all eligible teammates enrolled in an approved, accredited collegiate program.
- Employer-Paid Life Insurance and Disability - We offer employer-paid life insurance and disability coverage.
- Voluntary Supplemental Programs – We offer additional options to secure your financial future including supplemental life, hospitalization, critical illness, and other insurance programs.
- Support for your Growing Family – Adoption assistance, fertility benefits (in medical plan) and parental leave are available for teammates planning for a family.
- Health Savings Account (HSA) and 401(k) - We offer these voluntary financial programs to help teammates prepare for their future, as well as other voluntary benefits.
- Paid Leave - In addition to sick days and short-term leave, we offer holidays, vacation days, personal days, and additional types of leave – including parental leave.
- Well-Being – Also included in our offering is a Teammate Assistance Program (TAP), Calm Health, Cancer Resources Services, and discount programs – all at no cost to you.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
compensation programstotal cash compensationmarket pricing techniquesincentive plansdata analysisbenchmarkingorganizational designstrategic planningproject managementperformance measurement
Soft Skills
collaborationstrategic thinkingcommunicationnegotiationpersuasioninterpersonal skillsindependent workteamworkaction orientationjudgment
Certifications
Certified Compensation Professional (CCP)Certified Equity Professional (CEP)SPHRSHRM-SCP