What are the responsibilities and job description for the Senior Manager, Compensation position at Teladoc Health?
Teladoc Health is a global, whole person care company made up of a diverse community of people dedicated to transforming the healthcare experience. As an employee, you’re empowered to show up every day as your most authentic self and be a part of something bigger – thriving both personally and professionally. Together, let’s empower people everywhere to live their healthiest lives.
Summary of Position
Teladoc Health is transforming how people access and experience healthcare. Recognized as the world leader in virtual care, we are partnering with over a thousand clients to serve hundreds of thousands (soon millions!) of people living with chronic conditions every day. Teladoc Health offers a whole person virtual care platform that empowers all people everywhere to live their healthiest lives by transforming the healthcare experience, from acute and primary care to chronic care, mental health, and specialty care.
The Senior Manager, Compensation is a critical role to the People and Culture team. The successful candidate will serve as the subject matter expert partnering with the business and our HRBPs. This role is responsible for taking a strategic and creative approach to our incentive programs.
Essential Duties and Responsibilities
- Performs staff support activities to develop, implement and administer compensation policies and programs
- Develops and/or participates in compensation surveys to collect and analyze competitive salary information to determine company's competitive position
- Reviews proposed salary adjustments for conformance to established guidelines, policies, and practices. Recommends corrective or alternative actions to resolve compensation-related problems. Reviews requests for new or revised classifications to determine appropriate salary grade assignment
- Formulates recommendations regarding development of company salary structure, FLSA exemptions, job revisions and organizational structures
- Reviews existing and proposed statutory requirements governing compensation administration and recommends appropriate courses of action. May prepare special studies and recommendations on subjects such as incentive compensation, bonus plans, sales compensation, or stock options
- Prepares the CD&A section of the Proxy filing in partnership with legal and finance teams
- May include administration of domestic and/or international programs
- Conducts analysis and interpretation related to the organization’s compensation programs
- Evaluates the organization’s jobs and grades
- Conducts market analysis of company jobs to determine competitive positioning of the organization’s pay programs
- Participates in annual salary administration programs, including salary structure creation and maintenance and development of incentive or salary increase budgets
- Forecasting of different bonus / stock scenarios
- Supports annual compensation, including annual market pricing exercises, salary increase cycles, bonus plan administration
- The time spent on each responsibility reflects an estimate and is subject to change dependent on business needs.
Supervisory Responsibilities
Yes
Qualifications Expected for Position
- Performs work under general supervision. Handles moderately complex issues and problems, and refers more complex issues to higher-level staff. Possesses solid working knowledge of subject matter
- Typically requires a bachelor's degree and 7 years of experience
- Analytical thinking skills. Mathematical skills. Ability to work as part of a team
- Ethics and discretion. Track record of working with confidential information
- Ability to effectively prioritize and handle multiple tasks
The base salary range for this position is $150,000 - $175,000. In addition to a base salary, this position is eligible for performance bonus and benefits (subject to eligibility requirements) listed here: Teladoc Health Benefits 2024. Total compensation is based on several factors including, but not limited to, type of position, location, education level, work experience, and certifications. This information is applicable for all full-time positions.
Why Join Teladoc Health?
A New Category in Healthcare: Teladoc Health is transforming the healthcare experience and empowering people everywhere to live healthier lives.
Our Work Truly Matters: Recognized as the world leader in whole-person virtual care, Teladoc Health uses proprietary health signals and personalized interactions to drive better health outcomes across the full continuum of care, at every stage in a person’s health journey.
Make an Impact: In more than 175 countries and ranked Best in KLAS for Virtual Care Platforms in 2020, Teladoc Health leverages more than a decade of expertise and data-driven insights to meet the growing virtual care needs of consumers and healthcare professionals.
Focus on PEOPLE: Teladoc Health has been recognized as a top employer by numerous media and professional organizations. Talented, passionate individuals make the difference, in this fast-moving, collaborative, and inspiring environment.
Diversity and Inclusion: At Teladoc Health we believe that personal and professional diversity is the key to innovation. We hire based solely on your strengths and qualifications, and the way in which those strengths can directly contribute to your success in your new position.
Growth and Innovation: We’ve already made healthcare yet remain on the threshold of very big things. Come grow with us and support our mission to make a tangible difference in the lives of our Members.
As an Equal Opportunity Employer, we never have and never will discriminate against any job candidate or employee due to age, race, religion, color, ethnicity, national origin, gender, gender identity/expression, sexual orientation, membership in an employee organization, medical condition, family history, genetic information, veteran status, marital status, parental status or pregnancy.
Teladoc Health respects your privacy and is committed to maintaining the confidentiality and security of your personal information. In furtherance of your employment relationship with Teladoc Health, we collect personal information responsibly and in accordance with applicable data privacy laws, including but not limited to, the California Consumer Privacy Act (CCPA). Personal information is defined as: Any information or set of information relating to you, including (a) all information that identifies you or could reasonably be used to identify you, and (b) all information that any applicable law treats as personal information. Teladoc Health’s Notice of Privacy Practices for U.S. Employees’ Personal information is available at this link.
Salary : $150,000 - $175,000
