Sr Manager, Compensation Programs
At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.We're looking for a strategic and innovative compensation leader to join our team as a Senior Manager of Compensation Programs and Strategies . This individual contributor role plays a critical part in shaping and delivering enterprise-wide compensation initiatives that support our evolving business and workforce.In this new role, you will own the end-to-end delivery of complex projects that influence our compensation philosophy, processes, guidelines, and systems. You'll work closely with cross-functional teams to design pay programs that are fiscally responsible, competitive, and aligned with the changing healthcare and regulatory landscape . What You'll Do
- Lead projects that support sales compensation programs , including:
- Job framework revisions
- Compensation benchmarking
- Incentive plan design coordination
- Technology deployment
- Partner with Compensation peers, vendor partners, sales leadership, and HR Technology/Shared Services to design and deliver impactful solutions
- Ensure accuracy and efficiency in data resolution, system setup, and ongoing maintenance
- Strong experience in compensation strategy and program design , with a focus on sales incentive plans
- Ability to manage complex, enterprise-wide projects and influence stakeholders at all levels
- Expertise in data analysis and system management , with a keen eye for detail and process improvement
- A collaborative mindset and the ability to thrive in a fast-paced, evolving environment
- Effective communication with multiple stakeholders throughout various stages of work, ensuring clarity and awareness of decisions
- A candidate who is adept at using data analysis to drive story telling
- 7 + leading and delivering complex projects, end to end
- 7 + years Excel modeling
- 5 + years of compensation experience
- Job leveling and framework design and implementation strongly desired
- Workday business requirement design experience
- E xperience with Sales Performance Management tools (e.g., Varicent , Xactly , SAP, etc.)
- Attention to detail, excellent status tracking and proactive follow up
- Advanced experience in MS PPT, able to communicate difficult concepts in a succinct way, comfortable presenting to large and diverse audiences with confidence
- A dvanced technical and quantitative skills, including experience using and manipulating large amounts of data in MS Excel
- Ability to take on complex problems and applies sophisticated thought to identify creative solutions
- Effectively communicates difficult concepts and influences others to embrace an
- Bachelors degree or equal years of working experience may be considered
The typical pay range for this role is:$82,940.00 - $182,549.00
This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company's equity award program.Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.Great benefits for great peopleWe take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
- Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
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Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- HSA
- HSA With Employer Contribution
- Pet Insurance
- Mental Health Benefits
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
Financial and Retirement
- 401(K) With Company Matching
Professional Development
- Tuition Reimbursement
Diversity and Inclusion
- Employee Resource Groups (ERG)
- Diversity, Equity, and Inclusion Program