Option Care Health · 1 day ago
Manager, Compensation and Reporting - Remote National
Bannockburn, IL
Full-time
Remote
Mid, Senior Level
$110K/yr - $184K/yr
5+ years exp
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Responsibilities
Develop and manage variable pay programs for the sales teams, including commission structures, bonuses, and incentive plans.
Work closely with sales leadership to design compensation plans that align with business objectives and drive sales performance.
Analyze and refine compensation structures to ensure they are competitive, market-aligned, and effective in motivating sales teams.
Partner with the HR Technology and IT team to leverage technology in the pursuit of continuously optimizing and evolving processes.
Perform regular and ad-hoc market analysis to ensure that sales compensation remains competitive and aligned with industry standards.
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.
Provide insights and recommendations to senior leadership regarding compensation trends, pay-for-performance alignment, and plan effectiveness.
Provide insights and recommendations based on data analysis to support strategic decision-making.
Develop communication strategies to ensure sales teams fully understand compensation structures and incentive plans.
Provide guidance and recommendations on compensation adjustments, promotions, and pay equity across the sales team.
Develop and maintain analytics (dashboards, actionable reporting, etc.) to monitor the effectiveness and competitiveness of total rewards programs.
Monitor and report on the effectiveness of sales compensation programs, adjusting as necessary to drive results and meet organizational objectives.
Qualification
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Required
Minimum of 5 years of experience in compensation management, with experience in Sales Compensation.
Bachelor’s degree in human resources, Business Administration, Finance/Accounting, Statistics, or other related field.
Strong leadership and project 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.
Extensive experience designing, implementing, and managing broad-based compensation and sales compensation programs.
Proficiency in HRIS and compensation management software.
Preferred
Master’s degree
Previous experience within the healthcare industry
Benefits
401k
Dental Insurance
Disability Insurance
Health Insurance
Life Insurance
Paid Time off
Vision Insurance
Company
Option Care Health
Option Care Health is a provider of comprehensive, cost-effective pharmaceutical and home care solutions.
5,001-10,000 employees
Funding
Current Stage
Public CompanyTotal Funding
$849.27M2023-03-01Post Ipo Secondary· $399.75M
2021-02-08Post Ipo Secondary· $277.5M
2020-02-03IPO· undefined
Leadership Team
J
John Rademacher
President and Chief Executive Officer
Harriet Booker
Chief Operating Officer
Recent News
2024-11-21
Modern Healthcare
2024-11-14
Fierce Healthcare
2024-06-05
Company data provided by crunchbase
