Senior Analyst, Compensation - Remote National

$87,111 - $145,207/Yr

Option Care Health - Tallahassee, FL

Full-time - Mid Level

Onsite - Tallahassee, FL

5,001-10,000 employees

Ambulatory Health Care Services

About the position

Option Care Health, Inc. is seeking a Senior Compensation Analyst to join our team. As the largest independent home and alternate site infusion services provider in the United States, we are committed to elevating standards of care for patients with acute and chronic conditions. The Senior Compensation Analyst will play a crucial role in analyzing and administering compensation policies, practices, and projects that align with our human resource strategy and applicable laws. This position will involve close collaboration with Human Resource Business Partners and business leaders to provide consultation and analyses on various compensation matters. In this role, you will administer new and ongoing broad-based compensation programs and projects. This includes conducting market research, performing analyses, documenting requirements, data audits, system testing, and providing customer support. You will also provide senior-level support for cyclical compensation processes such as the merit and bonus cycle, total rewards statements, and annual salary structure analysis. Additionally, you will analyze and administer special pay practices and policies, manage the market pricing process, and provide analytical support for merit budgets, bonus budgets, and salary structure analyses. The Senior Compensation Analyst will be responsible for maintaining the quality and accuracy of compensation data in HR databases, assisting with the development of compensation communications, and identifying opportunities for process improvements. You will also provide counsel to HR Business Partners and business leaders on routine compensation issues and collaborate with other Human Resources functions to ensure customer service deliverables are met. This position does not have supervisory responsibilities, allowing you to focus on your analytical and consultative skills.

Responsibilities

• Administer new and/or ongoing broad-based compensation programs & projects including conducting market research, performing analyses, documenting requirements/framework, data audits & clean-up, system testing, communication & training, and providing customer support.
• Provide senior level support & administration of ongoing cyclical compensation processes/initiatives including the merit & bonus cycle, total rewards statement, and annual salary structure analysis & review.
• Analyze and administer special pay practices & policies such as on-call/callback pay, shift differential pay, and other special pay practices.
• Manage the market pricing process including researching survey sources, completing survey submissions, analyzing, and interpreting data, reviewing trends, and recommending actions.
• Provide analytical support in the development of merit budgets, bonus budgets, salary structure analyses, incentive plan data gathering & reporting, market data reviews, mergers & acquisitions, etc.
• Access, change, maintain, and assure the quality and accuracy of compensation data (job profiles, job descriptions, shift differentials, etc.) in HR databases through reporting, data audits, and accurate data entry.
• Assist with the development of compensation communications in conjunction with assigned processes and programs.
• Identify opportunities for improvement and develop new processes.
• Provide counsel to HRBP's and business leaders on routine compensation issues, as required.
• Collaborate with other Human Resources functions to ensure that customer service deliverables are achieved.

Requirements

• Bachelor's degree in a business or psychology related field, and at least 3-5 years of compensation analyst/consultant experience.
• Knowledge of confidentiality requirements associated with the practice of Human Resources.
• Knowledge of various job evaluation techniques, salary survey practices and methodologies, salary structure and incentive plan analysis, and job documentation.
• Knowledge of compensation market-pricing tools, job description maintenance, and HRIS systems.
• Knowledge of compensation administration policies, practices, and procedures.
• Ability to lead and co-lead multiple projects at a time, and produce quality work.
• Knowledge of Federal, state, and municipal privacy laws and the applicability to the day-to-day operation of the compensation area.
• Advanced level skill in Microsoft Office 2003 or later: Word, Excel and PowerPoint.
• Experience providing customer service to internal and external customers, including meeting quality standards for services, and evaluation of customer satisfaction.

Nice-to-haves

• Master's degree in Human Resource Management or Business Administration preferred.
• Certified Compensation Professional designation preferred.
• Advanced knowledge of Microsoft Excel, Word, and PowerPoint.
• Proficient in Workday HCM (job profile creation/editing, reporting, job maintenance).
• Effectively manages competing deadlines and demands, and effectively manages internal/external relationships and partnerships.

Benefits

• 401k
• Dental Insurance
• Disability Insurance
• Health Insurance
• Life Insurance
• Paid Time off
• Vision Insurance