at Option Care Health in Bannockburn, Illinois, United States
Job Description
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.
COVID-19 Vaccine Requirements:
As a leading healthcare provider, we have an undeniable responsibility to protect the health and safety of our patients, customers and team members.
Option Care Health requires that all employees be fully vaccinated against the COVID-19 virus. If you are offered and accept a position, your employment will be contingent upon proof of vaccination, or approved medical or religious accommodation. Proof of vaccination will be required during the onboarding process; application for medical or religious accommodations will be required to be submitted within 5 business days of start date. If medical and/or religious accommodation requests are denied, you must take steps to be fully vaccinated, or your employment will be terminated.
Job Description Summary:
This role will lead the broad-based compensation function and reporting for the Total Rewards team. This role is critical in developing, implementing, and managing compensation programs that align with our organizational objectives and ensure compliance with local, state, and federal regulations. The Sr. Manager will oversee the grade wage structure, job descriptions, market pricing, FLSA exemption review, compliance, survey submissions, and ad-hoc market analysis. Additionally, the Sr. Manager will design and lead the reporting, dashboarding, and analytics of the total rewards function in partnership with the respective Total Rewards teams.
Job Description: ?
Job Responsibilities (listed in order of importance and/or time spent)
+ Responsible for leading & managing the broad base compensation function, providing strategic direction on compensation projects & initiatives through planning, scoping, designing, execution, and administration.
+ Lead a team of compensation professionals, providing guidance, mentorship, and development opportunities.
+ Work closely with HR, finance, and business leaders to align compensation strategies with organizational goals.
+ Partner with the HR Technology and IT team to leverage technology in the pursuit of continuously optimizing and evolving compensation processes.
+ Provide operation support and guidance to stakeholders based on market data, internal equity, and business needs leveraging economic and cost impact models.
+ Develop custom compensation solutions to support unique organizational requirements.
+ Perform ad-hoc market analyses to address specific business needs and provide strategic recommendations.
+ 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.
+ Develop and maintain analytics (dashboards, actionable reporting, etc.) to monitor the effectiveness and competitiveness of total rewards programs.
+ Provide insights and recommendations based on data analysis to support strategic decision-making.
+ Collaborate with cross-functional teams to integrate compensation data into broader HR and business reporting.
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 7 years of experience in compensation management, with at least 3 years in a leadership role
+ Bachelor’s degree in human resources, Business Administration, Finance/Accounting, Statistics, or other related field.
Basic Qualifications
+ Strong leadership and team 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.
+ 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 $124,025.34-$206,723.61
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.
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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.