Job Description: 20039843 Compensation Consultant
What Compensation contributes to Cardinal Health
Compensation is responsible for identifying, designing and recommending competitive compensation programs that attract and retain employees, driving performance and results, and providing rewards and recognition for individuals and teams.
Consults with HR and Business Leaders to develop and administer solutions for compensation-related issues. Participates in the development of short and long-term compensation strategies, plans and objectives to effectively address business needs.
Interprets internal and external market drivers to evaluate current compensation programs and recommends/implements changes to improve program effectiveness.
Applies incentive/reward theory and best practices in support of the development of programs.
Creates new and leverages current compensation tools/methodologies in the strategic design of compensation programs.
Participates in merger and acquisition activities including reviewing current compensation programs of newly acquired companies and creating strategy for integrating newly acquired employees into Cardinal Health's current compensation programs.
Ensures compliance with federal, state and local legal requirements.
Provide compensation consultation HR Business Partners and business teams within client group.
Partner with HR Business Partners and business leaders in developing strategies and designing solutions for compensation-related matters.
Provide support in the analysis, development, implementation, and ongoing support of organization compensation programs
Formulate and present recommendations
Project manage any mergers, acquisitions or divestitures within client group.
Responsible for assisting with annual market pricing, Job level determination (including FLSA assessment), data analysis and US pay structure modeling and implementation.
Supports the annual compensation planning process which includes merit increases, short term and long term incentive payouts.
Bachelors in related field, or equivalent work experience, preferred
4+ years' experience in related field, preferred
Certified Compensation Professional or Global Remuneration Professional certification, preferred
Demonstrated ability for job evaluation and market pricing
Ability to manage projects
Aptitude for heavy data analysis
Proficient in Microsoft office software such as Excel, PowerPoint and Word.
Self direct work
What is expected of you and others at this level
Applies comprehensive knowledge and a thorough understanding of concepts, principles, and technical capabilities to perform varied tasks and projects
May contribute to the development of policies and procedures
Works on complex projects of large scope
Develops technical solutions to a wide range of difficult problems. Solutions are innovative and consistent with organization objectives
Completes work independently receives general guidance on new projects
Work reviewed for purpose of meeting objectives
May act as a mentor to less experienced colleagues
Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.