Manager - MSO Compensation

Cencora

100d • $100,700 - $155,100

About The Position

Elevate your career as the Manager of MSO Compensation at Cencora! In this influential role, you'll spearhead the development and management of our cutting-edge compensation strategies and programs for the management services organization (MSO). Collaborating closely with Total Rewards leadership and key HR and MSO stakeholders, you'll ensure our compensation practices are not only competitive and equitable but also perfectly aligned with our overarching business goals. If you're a dedicated team player eager to make a significant impact in a thriving organization, we invite you to join us on this exciting journey!

Requirements

• Bachelor’s degree in Human Resources, Business Administration, Finance, or related field; Master’s degree preferred.
• 5-7 years of experience in compensation, with a focus on MSO compensation program management.
• Strong knowledge of MSO compensation practices and market trends.
• Proven ability to analyze data and make data-driven decisions.
• Experience with compensation software and reporting tools is a plus.
• Excellent communication, presentation, and interpersonal skills, with the ability to influence and collaborate effectively with diverse stakeholders.

Responsibilities

• Design and implement comprehensive MSO compensation strategies that attract, retain, and motivate MSO talent while aligning with the organization’s goals.
• Conduct regular market research and benchmarking to ensure competitive MSO compensation programs, structures and practices.
• Analyze MSO industry trends and adjust compensation programs as necessary while maintaining compliance with regulatory requirements and internal policies.
• Oversee the administration of MSO salary and incentive plans, annual merit increases, as well as any long-term MSO incentive compensation programs.
• Partner with HR business partners, finance, and MSO leadership to provide insights and recommendations on compensation-related matters.
• Analyze compensation data to provide insights and reports to senior leadership on compensation trends, program effectiveness, and recommendations for improvement.
• Develop communication materials and training programs related to MSO compensation policies and practices to ensure that employees understand the compensation structure and how it aligns with performance and organizational goals.

Benefits

• Comprehensive suite of benefits focusing on physical, emotional, financial, and social aspects of wellness.
• Support for working families, including backup dependent care, adoption assistance, infertility coverage, family building support, behavioral health solutions, paid parental leave, and paid caregiver leave.
• Variety of training programs, professional development resources, and opportunities to participate in mentorship programs, employee resource groups, and volunteer activities.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees