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Director Global Compensation

Company: Halyard Health
Location: Minneapolis
Posted on: April 11, 2021

Job Description:

At Owens & Minor, our Mission is simple: empowering our customers to advance healthcare. Our teammates continue to play an essential role in the global fight against COVID-19 by working to ensure our healthcare customers have what they need, when they need it, enabling them to focus on the critical task of providing patient care. As a Fortune 500 company with over 15,000 teammates in over 70 countries, Owens & Minor remains laser-focused on delivering on our Mission throughout COVID-19 and beyond. Our $9-billion business includes our Global Solutions and Global Products segments, with core offerings structured across three pillars of excellence: Products, Services, and Distribution.-- Our people are the power that propels us. As we continue to navigate unprecedented circumstances, teammate safety remains our top priority, and all of our facilities have implemented enhanced safety and sanitation protocols. Just as our teammates are dedicated to empowering healthcare around the world, Owens & Minor is dedicated to providing the kind of culture and benefits that empower teammates to grow their careers and enjoy the rewarding work they do every day. Owens & Minor benefits are applicable to Full Time Regular and Permanent Teammates, and include:

  • Medical, dental, and vision insurance, available on first working day
  • 401(k), eligibility after 30 days of employment
  • Employee stock purchase plan
  • Development opportunities to grow your career with a global company Summary Designs, implements, and manages Owens & Minor's global compensation programs that align with business strategy, are cost and market competitive, and enable the business to attract, retain and reward a global workforce. Responsible for the planning, design, communication, and administration of equitable and competitive total cash compensation packages and programs (base pay, incentives, bonuses, sales compensation). Serves as a partner to the HR community to identify and resolve compensation-related issues. Guides and facilitates conversations on how the business' compensation programs can drive and support it's short and long-term success. Manages short and long-term compensation projects. Core Responsibilities Leads the development of a total compensation philosophy and framework encompassing base pay, incentives, bonuses, and sales compensation. Partners with stakeholder teams to develop and drive Owens & Minor's Global Compensation philosophy and strategy; teams with in-country/regional HR resources on local implementation; performs due diligence activities for M&A; champions the Owens & Minor teammate-focused culture. Provides thought leadership in the ongoing assessment of compensation programs and offerings to ensure that they are both meeting business needs and are current with marketplace practices. Develops, implements, and measures the success of market-competitive, global total compensation plans and policies that meet the diverse needs of teammates in differing geographical areas. Working with stakeholders to develop meaningful scorecards that tie to business drivers. Oversees administration of teammate compensation in all company operations. Provides special guidance and assistance to domestic and global locations. Manages a team of Compensation professionals, ensuring the team has a thorough understanding of the business to address complex needs. Trains, mentors, and empowers the team to develop the necessary subject matter expertise to excel in day-to-day service delivery as well as conduct on-going continuous improvement efforts focused on cost, efficiency, and customer satisfaction. Directs the preparation of materials/presentations for use by the Compensation Committee of the Board of Directors including equity recommendations, compensation programs, market competitiveness reviews, regulatory changes and CD&A requirements; partners with outside Executive Consulting Firms, presents to Committee upon request. Leads the organization's annual process for merit, pay structure and cash/stock incentive compensation planning. Evaluates and compares existing company total compensation programs with competitors through benchmarking, surveys, and other information sources. Analyzes results of surveys and develops specific recommendations for review by management. Engages in both intra-departmental and cross-functional compensation projects (incentives budgeting, merit planning, survey management/participation, internal/external auditor coordination, etc.). Leads the preparation, communication, and distribution of plan document materials describing the company's compensation programs. Ensures compliance with provisions of state and federal governmental regulations (OFCCP, FLSA, FMLA, ERISA, COBRA, HIPAA, PPACA, IRS/SEC, etc.). Reviews and analyzes changes to state, federal, and international laws pertaining to compensation. Reports necessary or suggested changes to management. Works with brokers, venders and other subject-matter-experts where necessary in the design and structure of new programs; negotiates vender agreements, conducts project meetings with outside vendors and enforces performance guarantees. Provides due diligence support for business expansion into new countries as well as M&A activities. Consults with senior leadership to design and execute organizational initiatives such as structure redesign, large-scale organizational change and division-wide job reevaluations to enhance individual roles, team alignment and performance to improve business capabilities to deliver against goals. Develops compensation project plans, identifies and leads resources needed across the organization to achieve project goals and implement change. Travel up to 25% Qualifying Experience Bachelor's Degree required; MBA or other relevant Advanced degree preferred 13 or more years of related experience (Compensation, Total Rewards, etc.) within a publicly traded company 6 or more years of diversified leadership, planning, communication, organization, and people management experience Certified Compensation Professional (CCP), Certified Equity Professional (CEP), SPHR, and/or SHRM-SCP certification preferred Or any combination of education and experience to meet the above requirements #LI-MG1 If you feel this opportunity could be the next step in your career, we encourage you to apply. Owens & Minor is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, sex, sexual orientation, genetic information, religion, disability, age, status as a veteran , or any other status prohibited by applicable national, federal, state or local law. Note: Owens & Minor is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at our Company via email, the Internet, or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of our Company. No fee will be paid in the event the candidate is hired by our Company as a result of the referral or through other means. Posted 2 Days Ago Full time REQ_21_4923 About Us About Owens & Minor
    Owens & Minor (O&M) is a global healthcare company providing innovative products and solutions across the continuum of care. Our integrated technology, products, and services empower healthcare providers and manufacturers as they make a difference in the lives of patients every day. O&M is headquartered in Richmond, Virginia and is comprised of 17,000+ global teammates. We operate within distribution, production, customer service, and sales facilities located across the Asia Pacific region, Europe, Latin America and North America. We are proud to service healthcare industry customers in 90 countries where we do business today.

    Life at O&M
    When you become an Owens & Minor teammate, you're joining a diverse, vibrant organization with a focus on excellence and integrity. Guided by our shared values-Integrity, Development, Excellence, Accountability, Listening-O&M teammates strive to deliver superior service across the continuum of healthcare. O&M is committed to creating a growth-oriented culture that values each teammate's perspective and contributions. Follow Us For details regarding Owen's & Minor's privacy policy, please click this link:

Keywords: Halyard Health, Minneapolis , Director Global Compensation, Executive , Minneapolis, Minnesota

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