Compensation Manager

Owens & Minor

4d • Remote

About The Position

Owens & Minor is a global healthcare solutions company providing essential products, services and technology solutions that support care delivery in leading hospitals, health systems and research centers around the world. For over 140 years, Owens & Minor has delivered comfort and confidence behind the scenes, so healthcare stays at the forefront, helping to make each day better for the hospitals, healthcare partners, and communities we serve. Powered by more than 14,000 teammates worldwide, Owens & Minor exists because every day, everywhere, Life Takes Care™. Global Reach with a Local Touch 140+ years serving healthcare Over 14,000 teammates worldwide Serving healthcare partners in 80 countries Manufacturing facilities in the U.S., Honduras, Mexico, Thailand and Ireland 40+ distribution centers Portfolio of 300 propriety and branded product offerings 1,000 branded medical product suppliers 4,000 healthcare partners served Job Description: 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. The anticipated salary for this position is $125k annually plus 10% AIP eligibility. The actual compensation offered may vary based on job related factors such as experience, skills, education and location. This position is remote and the ideal candidate will reside on the east coast.

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
• Demonstrated experience in audit compliance

Responsibilities

• Assists with the development of a total compensation philosophy and framework encompassing base pay, incentives, bonuses, and sales compensation.
• 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.).
• Leads the preparation, communication, and distribution of plan document materials describing the company’s compensation programs.
• Ensures compliance with provisions of state and federal governmental regulations (OFCCP, FLSA, FMLA, ERISA, COBRA, HIPAA, PPACA, IRS/SEC, etc.).
• Reviews and analyzes changes to state, federal, and international laws pertaining to compensation.
• Reports necessary or suggested changes to management.
• Works with brokers, venders and other subject-matter-experts where necessary in the design and structure of new programs; negotiates vender agreements, conducts project meetings with outside vendors.
• Consults with management to design and execute assigned organizational initiatives (structure redesign, organizational change, job evaluations to enhance individual roles, team alignment and performance to improve business capabilities to deliver against goals, etc.).
• Develops compensation project plans, identifies and leads resources needed across the organization to achieve project goals and implement change.
• Performs additional duties as directed.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager