Manager - MSO Compensation

Elevate your career as the Manager of MSO Compensation at Cencora! In this influential role, you'll spearhead the development and management of our cutting-edge compensation strategies and programs for the management services organization (MSO). Collaborating closely with Total Rewards leadership and key HR and MSO stakeholders, you'll ensure our compensation practices are not only competitive and equitable but also perfectly aligned with our overarching business goals. If you're a dedicated team player eager to make a significant impact in a thriving organization, we invite you to join us on this exciting journey!

• Design and implement comprehensive MSO compensation strategies that attract, retain, and motivate MSO talent while aligning with the organization's goals.
• Conduct regular market research and benchmarking to ensure competitive MSO compensation programs, structures and practices.
• Analyze MSO industry trends and adjust compensation programs as necessary while maintaining compliance with regulatory requirements and internal policies.
• Oversee the administration of MSO salary and incentive plans, annual merit increases, as well as any long-term MSO incentive compensation programs.
• Partner with HR business partners, finance, and MSO leadership to provide insights and recommendations on compensation-related matters.
• Analyze compensation data to provide insights and reports to senior leadership on compensation trends, program effectiveness, and recommendations for improvement.
• Develop communication materials and training programs related to MSO compensation policies and practices to ensure that employees understand the compensation structure and how it aligns with performance and organizational goals.

Requirements:

• Bachelor's degree in Human Resources, Business Administration, Finance, or related field; Master's degree preferred.
• 5-7 years of experience in compensation, with a focus on MSO compensation program management.
• Strong knowledge of MSO compensation practices and market trends.
• Proven ability to analyze data and make data-driven decisions. Experience with compensation software and reporting tools is a plus.
• Excellent communication, presentation, and interpersonal skills, with the ability to influence and collaborate effectively with diverse stakeholders.

We provide compensation, benefits, and resources that enable a highly inclusive culture and support our team members' ability to live with purpose every day. In addition to traditional offerings like medical, dental, and vision care, we also provide a comprehensive suite of benefits that focus on the physical, emotional, financial, and social aspects of wellness. This encompasses support for working families, which may include backup dependent care, adoption assistance, infertility coverage, family building support, behavioral health solutions, paid parental leave, and paid caregiver leave. To encourage your personal growth, we also offer a variety of training programs, professional development resources, and opportunities to participate in mentorship programs, employee resource groups, volunteer activities, and much more. For details, visit https://www.virtualfairhub.com/cencora

*This Salary Range reflects a National Average for this job. The actual range may vary based on your locale. Ranges in Colorado/California/Washington/New York/Hawaii/Vermont/Minnesota/Massachusetts/Illinois State-specific locations may be up to 10% lower than the minimum salary range, and 12% higher than the maximum salary range.

Cencora is committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, age, disability, veteran status or membership in any other class protected by federal, state or local law.

The company's continued success depends on the full and effective utilization of qualified individuals. Therefore, harassment is prohibited and all matters related to recruiting, training, compensation, benefits, promotions and transfers comply with equal opportunity principles and are non-discriminatory.

Cencora is committed to providing reasonable accommodations to individuals with disabilities during the employment process which are consistent with legal requirements. If you wish to request an accommodation while seeking employment, please call 888.692.2272 or email hrsc@cencora.com. We will make accommodation determinations on a request-by-request basis. Messages and emails regarding anything other than accommodations requests will not be returned

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