Sr Manager of Compensation Programs

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose : Bringing our heart to every moment of your health.

This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand with heart at its center our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

Position Summary

The Sr. Manager of Compensation Programs and Strategies is an individual contributor role accountable for the end-to-end delivery of complex, enterprise-wide projects related to compensation philosophies, processes, guidelines, salary surveys and regulatory wage compliance.

Cross-functional project teams will look to this leader to achieve pay programs which are fiscally responsible and meet the needs of the changing health care business and regulatory landscape.

Additionally, this new role will lead a strategy for best in class use of salary survey / market data, access, tracking, insights and recommendations for action.

This may include wage investments for specific job types, pay equity analysis and programs to evolve our total rewards offerings for our more than 320,000 colleagues.

The Sr. Manager will partner directly with Compensation peers, HR Business Partners, Legal Counsel and Talent Acquisition to test and ultimately deliver projects.

The expectation is to be prepared for and remain open to feedback which can improve projects and the candidate would be comfortable responding to feedback from HR leaders at any level.

The ideal candidate has experience in creative problem solving and clearly articulating recommendations then acting on those recommendations, under tight deadlines, autonomously.

Required Qualifications

• 7+ years of roven history of leading and delivering complex projects, end to end
• 5+ years of Project Experience
• 5+ years Compensation Experience
• Background in FLSA role evaluations

Preferred Qualifications

• Workday experience
• PMP or similar, 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
• Advanced 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 enterprise point of view

Education

Bachelor's degree or relevant equivalent experience

Pay Range

The typical pay range for this role is :

$79,200.00 - $174,200.00

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.

In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities.

The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees.

The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits.

CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners.

As for time off, Company employees enjoy Paid Time Off ( PTO ) or vacation pay, as well as paid holidays throughout the calendar year.

Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.