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Total Rewards Consultant

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Optum

Oct 30

Applications are closed

  • Job
    Full-time
    Expert Level
  • Consulting
    People, HR & Administration

Requirements

  • At least 8-10 years of extensive experience in compensation and benefits management, including executive compensation
  • 10 years total rewards CoE experience with expertise in the PH employment landscape
  • Shared Services background so the candidate is accustomed to the work hours and flexibility required by job
  • Proven track record in designing and implementing successful total rewards strategies and programs
  • Familiarity with creating performance-based incentive programs and employee recognition initiatives that drive motivation and engagement
  • Proven exceptional strategic thinking to lead the development and execution of total rewards strategies that drive organizational success
  • Proficiency in designing compensation structures, conducting benchmark analyses, and ensuring internal equity
  • Proven excellent communication skills to collaborate with cross-functional teams and effectively communicate total rewards offerings to employees
  • Regional or global compensation background is not required
  • Seasoned manager is likely to be attracted to this level than over-all leads who often handle regional/global scope

Responsibilities

  • Positions in this family are involved in the areas of staffing and recruiting, compensation, benefits, EEO, affirmative action, employee relations, organizational design and development, etc.
  • Positions in this function are responsible for design, development and deployment of tools, process and consulting around all enterprise-wide and/or customer compensation programs that support UnitedHealth Group and client group objectives of attracting, retaining and motivating key talent with programs that are competitive and responsive to external influences and internal objectives
  • Maintain knowledge of current best practices in the compensation field (e.g., theories, frameworks, technologies, and trends)
  • Provide ongoing consulting and collaboration with business and Human Capital constituencies (e.g., business leaders, Sales leaders, Human Capital Partners) to champion/ensure that compensation philosophy and best practices are integrated into Human Capital activities
  • Maintain knowledge of current best practices in the talent development field (e.g., theories, frameworks, technologies, and trends)
  • Provide training and education on compensation-related tools/processes/issues to applicable audiences
  • Develop ongoing communications to ensure awareness/understanding of Compensation programs, tools and changes for applicable audiences
  • Provide Tier II support for compensation cases escalated from HRdirect
  • Provide recommendations to support development/revision of Compensation strategies
  • Provide project management/support for projects related to Compensation
  • Manage/support Common Review and other Core Process activities (e.g., pay equity, communications, training, reporting) Design/update incentive plans
  • Administer pay/incentive programs (e.g., RRP, sales, base salary, OTH, QVC, actuarial student program)
  • Manage/participate in salary/budget surveys
  • Conduct market analyses and apply market data as appropriate to support compensation decisions (e.g., equity award decisions, promotions, salary ranges, total compensation targets)
  • Utilize compensation-related data to support administration of compensation programs (e.g., market/financial/sales data)
  • Identify discrepancies from market data (e.g., variance to market analysis)
  • Ensure that an enterprise-wide perspective is used across job families/functions when utilizing/analyzing compensation-related data
  • Conduct job evaluations as needed
  • Comply with the terms and conditions of the employment contract, company policies and procedures, and any and all directives (such as, but not limited to, transfer and/or re-assignment to different work locations, change in teams and/or work shifts, policies in regards to flexibility of work benefits and/or work environment, alternative work arrangements, and other decisions that may arise due to the changing business environment). The Company may adopt, vary or rescind these policies and directives in its absolute discretion and without any limitation (implied or otherwise) on its ability to do so

FAQs

What is the primary role of a Total Rewards Consultant at Optum?

The primary role of a Total Rewards Consultant at Optum involves designing, developing, and deploying compensation programs, as well as consulting on enterprise-wide strategies to attract, retain, and motivate key talent.

What are the required qualifications for this position?

Required qualifications include at least 8-10 years of extensive experience in compensation and benefits management, expertise in the employment landscape, a proven track record in designing total rewards strategies, and excellent communication skills.

Is executive compensation experience necessary for this role?

Yes, having experience in executive compensation is a part of the required qualifications for this position.

Does the Total Rewards Consultant need to have a regional or global compensation background?

No, a regional or global compensation background is not required, though it may be beneficial.

What types of duties will I be expected to perform?

Duties include conducting market analysis, designing compensation structures, administering pay/incentive programs, and providing ongoing training and communications around compensation programs.

Does the role involve collaboration with other departments?

Yes, the role involves ongoing consulting and collaboration with business leaders, Human Capital Partners, and other stakeholders to ensure integration of compensation best practices.

Will I have the opportunity to provide training related to compensation?

Yes, the Total Rewards Consultant will provide training and education on compensation-related tools and processes to relevant audiences.

Is there an opportunity for career development within this role?

Yes, Optum provides comprehensive benefits and career development opportunities as part of its organizational culture.

Are there specific communication skills required for this position?

Yes, proven exceptional communication skills are required to collaborate with cross-functional teams and effectively convey total rewards offerings to employees.

What is the company's stance on diversity and inclusion?

Optum is committed to diversity and inclusion, ensuring that all qualified applicants receive consideration for employment regardless of race, gender, or other protected characteristics.

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Optum

Science & Healthcare
Industry
10,001+
Employees

Mission & Purpose

Optum is a health services and technology company that provides a wide range of solutions to improve healthcare delivery and outcomes. They offer services in healthcare management, data analytics, pharmacy benefit management, and technology solutions to healthcare providers, payers, employers, and government agencies. Optum's ultimate mission is to improve the health system's efficiency and effectiveness, creating a healthier world for everyone. Their purpose lies in collaborating with healthcare partners to address complex challenges, such as improving care coordination, reducing healthcare costs, and enhancing patient experiences. By leveraging data-driven insights and innovative technology, Optum aims to empower healthcare professionals and organisations to deliver high-quality, patient-centered care and drive positive healthcare outcomes for individuals and communities worldwide.

Culture & Values

  • Integrity

    Honour commitments. Never compromise ethics.

  • Compassion

    Walk in the shoes of people we serve and those with whom we work.

  • Relationships

    Build trust through collaboration.

  • Innovation

    Invent the future, learn from the past.

  • Performance

    Demonstrate excellence in everything we do.