Manager, Compensation and Reporting - Remote National

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 6,000 team members including 2,900 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 employees. As a two-year recipient of the Gallup Exceptional Workplace Award, we recognize that part of being extraordinary is building a thriving workforce that is as diverse as the patients and communities we serve. Join a company that is taking action to develop a culture that is more inclusive, respectful, engaging and rewarding for all team members. We are committed to hiring, developing, and retaining a diverse workforce. Job Description Summary: The Compensation Manager will lead the development, implementation, and management of compensation programs, ensuring alignment with business goals, sales performance, and talent acquisition and retention strategies. In addition to designing competitive compensation structures, this role will be responsible for overseeing reporting, dashboarding, and analytics related to compensation effectiveness. The manager will track key metrics, analyze compensation trends, and provide actionable insights to drive decision-making. Strong analytical skills, attention to detail, and the ability to collaborate with leadership, HR, and sales teams are essential to ensure that compensation programs not only meet organizational needs but also support overall performance objectives. Job Description: "‹ Job Responsibilities (listed in order of importance and/or time spent) Develop and manage variable pay programs for the sales teams, including commission structures, bonuses, and incentive plans. Work closely with sales leadership to design compensation plans that align with business objectives and drive sales performance. Analyze and refine compensation structures to ensure they are competitive, market-aligned, and effective in motivating sales teams. Partner with the HR Technology and IT team to leverage technology in the pursuit of continuously optimizing and evolving processes. Perform regular and ad-hoc market analysis to ensure that sales compensation remains competitive and aligned with industry standards. Ensure all compensation practices comply with local, state, and federal regulations. Stay updated on legislative changes and trends impacting compensation and implement necessary adjustments. Communicate effectively with stakeholders at all levels to ensure understanding and support of compensation programs. Provide insights and recommendations to senior leadership regarding compensation trends, pay-for-performance alignment, and plan effectiveness. Provide insights and recommendations based on data analysis to support strategic decision-making. Develop communication strategies to ensure sales teams fully understand compensation structures and incentive plans. Provide guidance and recommendations on compensation adjustments, promotions, and pay equity across the sales team. Develop and maintain analytics (dashboards, actionable reporting, etc.) to monitor the effectiveness and competitiveness of total rewards programs. Monitor and report on the effectiveness of sales compensation programs, adjusting as necessary to drive results and meet organizational objectives. Supervisory Responsibilities Does this position have supervisory responsibilities? (i.e. hiring, recommending/approving promotions and pay increases, scheduling, performance reviews, discipline, etc.) No Yes X Basic Education and/or Experience Requirements Minimum of 5 years of experience in compensation management, with experience in Sales Compensation. Bachelor's degree in human resources, Business Administration, Finance/Accounting, Statistics, or other related field. Basic Qualifications Strong leadership and project management abilities. Excellent analytical, problem-solving, and decision-making skills. Demonstrated ability to manage multiple projects simultaneously. Excellent communication and interpersonal skills. Strong knowledge of compensation principles, market pricing, and job evaluation methodologies. In-depth understanding of FLSA regulations and compliance requirements. Experience in designing and implementing compensation reporting and analytics systems. Extensive experience designing, implementing, and managing broad-based compensation and sales compensation programs. Proficiency in HRIS and compensation management software. Physical Demand Requirements Ability to work on a personal or laptop computer for extended periods of time. Ability to operate general office equipment (copier, scanner, telephone). Travel Requirements (if required): Less than 5% Preferred Qualifications & Interests (PQIs) Master's degree Previous experience within the healthcare industry 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 $110,234.94-$183,732.25 Benefits: -401k -Dental Insurance -Disability Insurance -Health Insurance -Life Insurance -Paid Time off -Vision Insurance 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. "‹ For over 40 years, Option Care Health has provided adult and pediatric patients with an alternative to hospital infusion therapy. With more than 2,900 clinical experts, Option Care Health is able to provide high-quality infusion services for nearly all patients with acute and chronic conditions across the United States, resulting in high quality outcomes at a significantly reduced cost. Option Care Health has more than 70 infusion pharmacies and 100 alternate treatment sites. We are guided by our purpose to provide extraordinary care that changes lives through a comprehensive approach to care along every step of the infusion therapy process including: intake coordination, insurance authorization, resources for financial assistance, education and customized treatments.

Created: 2024-11-24