Owens & Minor

Vice President, Total Rewards

Owens & Minor • $280K — $310K *
Richmond, VA 23223In-Person
Business Services
8 - 10 years of experience
2 months ago
Job Overview by Ladders

Qualifications

  • 10-15 years of experience in compensation and benefits design and planning.
  • Proven experience in managing global total rewards initiatives at a senior level.
  • Strong communication skills across all organizational levels.
  • Experience with publicly traded companies.
  • Expertise in executive compensation strategies.
  • Bachelor’s degree, preferably with an MBA or BS from an accredited institution.
  • Willingness to travel as required, with preference for candidates based in Richmond, VA.

Responsibilities

  • Develop and align the global total rewards strategy to meet company goals.
  • Communicate and influence strategic direction with senior leadership and the Board of Directors.
  • Lead and develop compensation and benefits teams for ongoing expertise and compliance.
  • Serve as a subject matter expert on annual incentive compensation and benefit plan design.
  • Oversee stock compensation plans focusing on retention and fiduciary responsibilities.
  • Administer health and welfare benefit programs including medical and retirement plans.
  • Coordinate communications for compensation and benefits plans with HR leaders.

Benefits

  • Opportunity to work remotely with preference for those near Richmond, VA.
  • Engagement in strategic decision-making at the executive level.
  • Develop expertise in a complex array of global compensation strategies.
  • Involvement in leadership development and operational best practices.
  • Ability to shape total rewards philosophy in a publicly traded company.
Full Job Description

The annual salary for this position will be $280,000 - $310,000 with 40% bonus eligibility.

Summary

The Vice President, Global Total Rewards leads the development and administration of all compensation and benefit plans, policies and programs targeted at retaining the company's competitive position and maximizing teammates’ productivity, engagement, and retention. This position is a critical strategic and operational business partner. The Vice President, Global Total Rewards will collaborate closely with senior business leaders and HR Business Partners to translate business strategy into meaningful Total Rewards strategies that meet the company’s short and long-term needs both inside the US as well as across the O&M global footprint including LATAM, EMEA, and APAC. The ideal candidate should possess senior-level experience developing compensation philosophies for publicly traded companies with complex and matrixed organizational structures along with experience integrating companies through M&A activity.

Core Responsibilities

  • Under the leadership of the CHRO, develop and align the total rewards strategy to the goals of the company; ensure it is positioned to attract, motivate, and retain teammates.
  • Influence direction and strategy development through ongoing communications with senior leadership including the Board of Directors
  • Lead and develop compensation and benefits teams, encouraging ongoing development to keep current on training, practices, trends and compliance matters to provide a high level of expertise to business
  • Serves as Subject Matter Expert in the development of annual incentive compensation and other incentive plans, and oversight of benefit plans and plan design
  • Oversee the design and administration of stock compensation plans with a focus on retention and fiduciary responsibility
  • Plan, develop, and oversee administration of health and welfare benefit programs, such as medical plans; dental; supplement life & accident; STD and LTD programs; and accidental death policies, 401(k), and ESPP
  • Work with HR leaders to design and coordinate the communications of all the compensation and benefits plans
  • Review current compensation programs; lead the proposal, development, and implementation of necessary changes to align with our global business
  • Continuous improvement to job architecture and career pathing
  • Lead successful annual compensation planning including the execution of base salary, bonus, awards and all related communications and administration
  • Provide thought leadership to business units on compensation issues including new hire packages, performance recognition, incentive plans, retention arrangements and compensation structure
  • In partnership with HR and Finance, establish compensation budgets and guidelines for global locations
  • Establish and maintain alignment between performance management and succession planning processes and pay programs

Qualifying Experience

  • 10-15 years of compensation and benefits design and planning, including:
  • Proven managerial experience as a global senior level total rewards leader
  • Superior communication skills at all levels
  • Large, publicly traded company experience
  • Executive Compensation
  • BA, MBA, or BS from an accredited institution
  • Ability to travel as needed (position can be remote) with preference on Richmond, VA

#LI-NA1

If you feel this opportunity could be the next step in your career, we encourage you to apply. This position will accept applications on an ongoing basis.

About Owens & Minor

Owens & Minor, Inc. (NYSE: OMI) is a global healthcare solutions company that incorporates product manufacturing, distribution support and innovative technology services to deliver significant and sustained value across the breadth of the industry – from acute care to patients in their home. Aligned to its Mission of Empowering Our Customers to Advance HealthcareTM, more than 15,000 global teammates serve over 4,000 healthcare industry customers. A vertically-integrated, predominantly Americas-based footprint enables Owens & Minor to reliably supply its self-manufactured surgical and PPE products.

Owens & Minor Careers

Join the dynamic team at Owens & Minor, a leading global healthcare solutions company. With a rich history and a vibrant culture of innovation and leadership, there has never been a better time to explore job opportunities with us. Work You’ll Do At Owens & Minor, we empower our team to drive the healthcare industry forward through cutting-edge solutions and unparalleled client service. Our commitment to diversity and professional growth makes Owens & Minor not just a workplace but a place to build a meaningful career. Transform the Healthcare Industry Join our team to help healthcare organizations operate more efficiently and effectively using our innovative supply chain solutions. At Owens & Minor, you will work alongside industry experts dedicated to improving patient outcomes and reducing healthcare costs. Lead with Us Step into a role that harnesses your skills and passion for leadership. Owens & Minor is uniquely positioned at the intersection of healthcare solutions and technological innovation, providing a platform for professional growth and industry leadership. Collaborate with Experts Become part of a global team that values collaboration and diversity. Our network of professionals spans across continents, all working together to make a significant impact in healthcare. With over 15,000 dedicated team members, your potential for networking and professional development is expansive. Owens & Minor Jobs and Internship Programs We offer a range of career and internship opportunities designed to attract the best and brightest. Whether you're a seasoned professional or a recent graduate, Owens & Minor provides the tools and training to take your career to the next level. Innovate with Us Engage in work that challenges and fulfills you. Owens & Minor is at the forefront of healthcare innovation, constantly seeking better ways to serve our clients through advanced technology and strategic insights. Be Part of Our Culture Experience a culture that promotes career growth and supports your personal and professional development. Owens & Minor is committed to offering benefits that enhance your life and work, including comprehensive health benefits, diversity training, and flexible working arrangements. Future-Proof Your Career With Owens & Minor, the path to success is filled with opportunities to advance. Our supportive environment is designed to cultivate your talents through ongoing training and leadership programs. Explore Discover how Owens & Minor is revolutionizing healthcare: - Implementing advanced distribution strategies to enhance supply chain efficiency. - Leveraging data analytics to predict healthcare trends and improve client service. The Owens & Minor Difference Our combined expertise in healthcare solutions and our commitment to innovation and diversity make Owens & Minor a leader in the industry. Clients and healthcare providers trust Owens & Minor to deliver operational excellence and drive transformative outcomes. Stay Connected Join Our Team Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. SEARCH OWENS & MINOR JOBS Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Owens & Minor.
Learn more about Owens & Minor
Size
6,900 employees
Market Cap
$1.4 billion
Industry
Healthcare
Net Income
$29.8 million
Founded
1882
5 Year Trend
+0.1%
Revenue
$8.4 billion
NASDAQ
OMI
* Ladders Estimates

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