Compensation Analyst II
Extraordinary Careers. Endless Possibilities. With the nation’s largest home infusion provider, there is no limit to the growth of your career. Option Care Health, Inc. is the largest independent home and alternate site infusion services provider in the United States. With over 8,000 team members including 5,000 clinicians, we work compassionately to elevate standards of care for patients with acute and chronic conditions in all 50 states. Through our clinical leadership, expertise and national scale, Option Care Health is re-imagining the infusion care experience for patients, customers and team members. Join a company that is taking action to develop an inclusive, respectful, engaging and rewarding culture for all team members. At Option Care Health your voice is heard, your work is valued, and you’re empowered to grow. Cultivating a team with a variety of talents, backgrounds and perspectives makes us stronger, innovative, and more impactful. Our organization requires extraordinary people to provide extraordinary care, so we are investing in a culture that attracts, hires and retains the best and brightest talent in healthcare.
Job Description
Summary: Participate in the development, implementation, and administration of compensation programs and policies in alignment with OCH strategy to ensure programs and practices are market competitive and legally compliant. Co-lead large compensation projects and lead small to mid-size compensation projects.Job Description: Job Responsibilities (listed in order of importance and/or time spent) Participate and support in the development and administration of broad-based compensation programs & policies through conducting market research, analysis, audits, system testing, and communications. Provide compensation consultation to HR Business Partners and other business leaders. Lead pieces of the analytics, testing, and administration of the annual merit & bonus cycle, salary structure design & maintenance, and annual incentives through data collection, cost modeling, requirements documentation, testing/auditing, and customer support. Maintain compensation market data and participate in compensation salary surveys. Conduct job evaluations. Own the administration of special pay practices such as on-call/callback pay, shift differential pay, and special bonus programs. Partner with talent acquisition to review & recommend compensation changes. Partner with HR Technology to leverage HRIS system for data integrity, and administration of compensation processes. Participate in the development of compensation communication materials. Supervisory Responsibilities Does this position have supervisory responsibilities? (I.e. hiring, recommending/approving promotions and pay increases, scheduling, performance reviews, discipline, etc.) No - X Yes Basic Education and/or Experience Requirements Bachelor’s degree in Business Administration, Finance, HR, or Economics At least 1 year of previous compensation analyst experience. Basic Qualifications & Interests (BQIs) Proven track record of leading and owning projects from start to finish Knowledge of confidentiality requirements associated with the practice of Human Resources. Knowledge of various job evaluation techniques, salary survey practices and methodologies, salary structures, job documentation, the elements of total rewards, and career ladder concepts. Intermediate/advance level skill in Microsoft Office 2003 or later: Word (for example: creating and modifying text styles, numbering and sorting lists, working with sections and columns, formatting tables, and using templates and using diagrams and drawing tools), Excel (for example: vlook-up, formulas, pivot tables, graphs and charts, formatting text and borders of cells, working with workbooks and worksheets, using range names, referencing cells, sorting, and auto filtering, etc.) and PowerPoint (for example: creating presentations, adding and removing slides, entering and formatting text, applying design templates, modifying masters, inserting graphics and objects, creating handouts). Knowledge of applicable wage & hour laws. Experience providing customer service to internal and external customers, including meeting quality standards for services, and evaluation of customer satisfaction. Travel Requirements: (if required) Minimal travel (less than 10%) Preferred Qualifications & Interests (PQIs) Bachelor’s degree in Human Resources Certified Compensation Professional certification Due to state pay transparency laws, the full range for the position is below: Salary to be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data. Pay Range is $78,973.32-$131,614.70Benefits: -Medical, Dental, & Vision Insurance -Paid Time off -Bonding Time Off -401K Retirement Savings Plan with Company Match -HSA Company Match -Flexible Spending Accounts -Tuition Reimbursement -myFlexPay -Family Support -Mental Health Services -Company Paid Life Insurance -Award/Recognition Programs Option Care Health subscribes to a policy of equal employment opportunity, making employment available without regard to race, color, religion, national origin, citizenship status according to the Immigration Reform and Control Act of 1986, sex, sexual orientation, gender identity, age, disability, veteran status, or genetic information.