Compensation Analyst II - Remote

Posted Yesterday
Be an Early Applicant
Hiring Remotely in Bannockburn, IL, USA
In-Office or Remote
79K-132K Annually
Junior
Healthtech
The Role
Supports the development, implementation, and administration of compensation programs and policies. Conducts market research, job evaluations, audits, salary surveys, and compensation analytics. Supports merit and bonus cycles, salary structures, special pay practices, HRIS processes, and compensation communications. Provides consultation to HR partners and business leaders, leads compensation projects, and partners with Talent Acquisition and HR Technology. Requires a bachelor’s degree and at least one year of compensation analyst experience.
Summary Generated by Built In

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 Description: ​

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 in Business Administration, Finance, HR, or Economics
  • At least 1 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

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.

​

Skills Required

  • Bachelor's degree in Business Administration, Finance, Human Resources, or Economics
  • At least 1 year of previous compensation analyst experience
  • Proven ability to lead and own projects from start to finish
  • Knowledge of confidentiality requirements associated with Human Resources
  • Knowledge of job evaluation techniques, salary surveys, salary structures, job documentation, total rewards, and career ladder concepts
  • Intermediate or advanced proficiency in Microsoft Word, Excel, and PowerPoint
  • Knowledge of applicable wage and hour laws
  • Experience providing customer service to internal and external customers
  • Bachelor's degree in Human Resources
  • Certified Compensation Professional certification
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Bannockburn, IL
5,717 Employees
Year Founded: 1979

What We Do

Option Care Health is a national provider of home and alternate-site infusion services in the United States. It delivers infusion therapies and related clinical support for acute and chronic conditions, including anti-infective treatment, heart-failure care, parenteral and enteral nutrition, immunoglobulin therapy, and treatments for inflammatory disorders. Its mission is to transform healthcare by improving outcomes, reducing costs, and delivering hope to patients and families.

Similar Jobs

In-Office or Remote
3 Locations
506 Employees
55K-77K Annually

Cox Enterprises Logo Cox Enterprises

Billing Specialist I

Artificial Intelligence • Automotive • Greentech • Information Technology • Machine Learning • Software • Cybersecurity
Remote or Hybrid
United States
30000 Employees
17-25 Hourly

Cox Enterprises Logo Cox Enterprises

Billing Specialist I

Artificial Intelligence • Automotive • Greentech • Information Technology • Machine Learning • Software • Cybersecurity
Remote or Hybrid
IL, USA
30000 Employees
17-25 Hourly

MetLife Logo MetLife

Director, Operations Performance Optimization - 21287

Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Remote or Hybrid
United States
43000 Employees
102K-150K Annually

Similar Companies Hiring

Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees
OneImaging Thumbnail
Healthtech
Miami, FL
62 Employees
Vitalize Thumbnail
Artificial Intelligence • Healthtech • Software
San Francisco, California
50 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account