Compensation Analyst II - Remote

Option Care Enterprises, Inc.; Bannockburn (IL); Remote; USD 79,000 - 132,000; Full time

Benefits offered by this job

Medical, Dental, & Vision Insurance

Paid Time off

401K Retirement Savings Plan with 401K

HSA Company Match

Tuition Reimbursement

Flexible Spending Accounts

myFlexPay

Family Support

Mental Health Services

Company Paid Life Insurance

Award/Recognition Programs

Job summary

Option Care Health is a leading home and alternate site infusion services provider in the United States. The Compensation Analyst will help develop and administer compensation programs aligned with strategy, ensure market competitiveness, and lead compensation projects from start to finish.

The role requires a Bachelor’s degree with at least 3 years of compensation experience, strong Excel skills, and familiarity with salary surveys and job evaluations. Travel is minimal.

Qualifications

• Bachelor’s degree is required and at least 3 years of compensation experience.
• Knowledge of confidentiality requirements in HR.
• Familiarity with wage and hour laws and job evaluation techniques.
• Experience with salary surveys, market data, and total rewards concepts.
• Strong Microsoft Office skills (Word, Excel, PowerPoint) and data analysis.
• Travel involvement is minimal (less than 10%).

Responsibilities

• Participate in development and administration of broad-based compensation programs and policies.
• Provide compensation consultation to HR Business Partners and business leaders.
• Lead analytics, testing, and administration of merit, bonus cycle, salary structure, and incentives.
• Maintain compensation market data and participate in salary surveys.
• Conduct job evaluations.
• Own administration of on-call, shift differential, and special bonus programs.
• Partner with talent acquisition to review and recommend compensation changes.
• Collaborate with HR Technology to ensure data integrity in HRIS.
• Develop compensation communication materials.

Skills

Project leadership

Confidentiality

Job evaluation techniques

Salary surveys practices

Total rewards concepts

Travel

Education

Bachelor’s degree

Bachelor’s degree in Human Resources

Tools

MS Word

MS Excel

MS PowerPoint

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 8,000 team members including 5,000 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 team members.

Join a company that is taking action to develop an inclusive, respectful, engaging and rewarding culture for all team members.

At Option Care Health your voice is heard, your work is valued, and you’re empowered to grow.

Cultivating a team with a variety of talents, backgrounds and perspectives makes us stronger, innovative, and more impactful.

Our organization requires extraordinary people to provide extraordinary care, so we are investing in a culture that attracts, hires and retains the best and brightest talent in healthcare.

Job Description Summary

Participate in the development, implementation, and administration of compensation programs and policies in alignment with OCH strategy to ensure programs and practices are market competitive and legally compliant. Co-lead large compensation projects and lead small to mid-size compensation projects.

Job Responsibilities (listed in order of importance and/or time spent)

• Participate and support in the development and administration of broad-based compensation programs & policies through conducting market research, analysis, audits, system testing, and communications.
• Provide compensation consultation to HR Business Partners and other business leaders.
• Lead pieces of the analytics, testing, and administration of the annual merit & bonus cycle, salary structure design & maintenance, and annual incentives through data collection, cost modeling, requirements documentation, testing/auditing, and customer support.
• Maintain compensation market data and participate in compensation salary surveys.
• Conduct job evaluations.
• Own the administration of special pay practices such as on-call/callback pay, shift differential pay, and special bonus programs.
• Partner with talent acquisition to review & recommend compensation changes.
• Partner with HR Technology to leverage HRIS system for data integrity, and administration of compensation processes.
• Participate in the development of compensation communication materials.

Supervisory Responsibilities

Does this position have supervisory responsibilities? (I.e. hiring, recommending/approving promotions and pay increases, scheduling, performance reviews, discipline, etc.) No - X Yes

Basic Education and/or Experience Requirements

Bachelor’s degree

At least 3 year of previous compensation analyst experience.

Basic Qualifications & Interests (BQIs)

• Proven track record of leading and owning projects from start to finish
• Knowledge of confidentiality requirements associated with the practice of Human Resources.
• Knowledge of various job evaluation techniques, salary survey practices and methodologies, salary structures, job documentation, the elements of total rewards, and career ladder concepts.
• Intermediate/advance level skill in Microsoft Office 2003 or later: Word (for example: creating and modifying text styles, numbering and sorting lists, working with sections and columns, formatting tables, and using templates and using diagrams and drawing tools), Excel (for example: vlook-up, formulas, pivot tables, graphs and charts, formatting text and borders of cells, working with workbooks and worksheets, using range names, referencing cells, sorting, and auto filtering, etc.) and PowerPoint (for example: creating presentations, adding and removing slides, entering and formatting text, applying design templates, modifying masters, inserting graphics and objects, creating handouts).
• Knowledge of applicable wage & hour laws.
• Experience providing customer service to internal and external customers, including meeting quality standards for services, and evaluation of customer satisfaction.
• Travel Requirements: (if required) Minimal travel (less than 10%)

Preferred Qualifications & Interests (PQIs)

• Bachelor’s degree in Human Resources
• Certified Compensation Professional certification
• Modeling experience
• Advanced Excel

Salary

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 $78,973.32-$131,614.70

Benefits

• Medical, Dental, & Vision Insurance
• Paid Time off
• Bonding Time Off
• 401K 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/Recognition Programs

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.