Compensation Analyst II - Remote
About The Position
The Compensation Analyst II participates in developing, implementing, and administering compensation programs and policies aligned with Option Care Health’s strategy, ensuring programs and practices are market competitive and legally compliant. The role co-leads large compensation projects and leads small- to mid-size projects. The analyst supports broad-based compensation programs through market research, analysis, audits, system testing, and communications; advises HR Business Partners and business leaders; and supports annual merit and bonus cycles, salary structure design and maintenance, and annual incentives. The position also maintains compensation market data, conducts job evaluations, administers special pay practices, partners with Talent Acquisition and HR Technology, and helps develop compensation communications. This position has no supervisory responsibilities and requires minimal travel (less than 10%).
Requirements
- Bachelor’s degree in Business Administration, Finance, HR, or Economics.
- At least 1 year of previous compensation analyst experience.
- Proven track record of leading and owning projects from start to finish.
- Knowledge of confidentiality requirements associated with Human Resources.
- Knowledge of job evaluation techniques, salary survey practices and methodologies, salary structures, job documentation, total rewards, and career ladder concepts.
- Intermediate or advanced skill in Microsoft Office 2003 or later, including Word, Excel, and PowerPoint.
- Knowledge of applicable wage and hour laws.
- Experience providing customer service to internal and external customers, meeting service quality standards, and evaluating customer satisfaction.
Nice To Haves
- Bachelor’s degree in Human Resources.
- Certified Compensation Professional certification.
Responsibilities
- Participate in and support the development and administration of broad-based compensation programs and policies through market research, analysis, audits, system testing, and communications.
- Provide compensation consultation to HR Business Partners and other business leaders.
- Lead components of the analytics, testing, and administration of the annual merit and bonus cycle, salary structure design and maintenance, and annual incentives through data collection, cost modeling, requirements documentation, testing and auditing, and customer support.
- Maintain compensation market data and participate in compensation salary surveys.
- Conduct job evaluations.
- Own the administration of special pay practices, including on-call/callback pay, shift differential pay, and special bonus programs.
- Partner with Talent Acquisition to review and recommend compensation changes.
- Partner with HR Technology to leverage the HRIS system for data integrity and compensation process administration.
- Participate in developing compensation communication materials.
- Co-lead large compensation projects and lead small- to mid-size compensation projects.
Benefits
- Medical, dental, and vision insurance.
- Paid time off.
- Bonding time off.
- 401(k) 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 and recognition programs.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
