Omnicare Senior Manager, Rewards

Senior Manager, Total Rewards & Benefits

We're building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Omnicare is a leading provider of pharmacy services to long-term care facilities nationwide, supporting skilled nursing facilities, assisted living communities, and other institutional care settings. As we transition to an independent, standalone organization, we are building and strengthening internal capabilities to support our approximately 6,000 colleagues and multi-state operations.

The Senior Manager, Total Rewards & Benefits is responsible for the execution, governance, and continuous optimization of the organization's compensation and benefits programs. This role ensures programs are competitive, compliant, and aligned with the company's overall Total Rewards philosophy.

Operating within a lean HR model, this position partners closely with senior leadership to deliver scalable, data-driven solutions while maintaining strong controls over compensation decisions, benefits administration, and regulatory compliance.

• Execute the organization's Total Rewards strategy in alignment with business objectives and compensation philosophy
• Ensure consistent application of compensation and benefits programs across a multi-state workforce
• Establish governance frameworks to maintain pay equity, consistency, and control
• Monitor and enforce adherence to salary structures, ranges, and incentive frameworks
• Lead the annual compensation cycle, including merit increases, bonus planning, and execution
• Administer compensation structures, job architecture, and salary ranges across all employee populations
• Provide guidance to HRBPs and leaders on hiring offers, promotions, and pay decisions
• Manage compensation benchmarking activities, including job matching and market pricing
• Utilize survey data (e.g., Mercer, Radford, industry benchmarks) to assess competitiveness
• Analyze pay trends and provide actionable recommendations to leadership
• Oversee benefits administration in partnership with brokers and external vendors
• Support open enrollment planning, execution, and employee communications
• Monitor benefits utilization, cost trends, and program effectiveness
• Ensure compliance with all benefits-related regulations (e.g., ERISA, ACA, COBRA)
• Maintain audit-ready documentation and support internal and external audits
• Identify and mitigate risks related to pay equity, compensation practices, and benefits administration
• Act as a trusted advisor to HRBPs and leadership on compensation and benefits decisions
• Deliver insights to leadership on trends, risks, and opportunities
• Identify opportunities to streamline and automate Total Rewards processes
• Support HR system optimization (HRIS, compensation planning tools, vendor platforms)
• Leverage analytics and AI tools to enhance reporting, benchmarking, and decision-making
• Drive continuous improvement in program delivery and employee experience

• Compensation & Benefits Expertise – Deep understanding of salary structures, benchmarking, and benefits programs
• Governance & Risk Management – Strong control orientation with focus on compliance and pay equity
• Analytical Capability – Ability to translate data into insights and recommendations
• Business Partnership – Provides practical, actionable guidance to leaders
• Process Optimization – Drives efficiency and scalability in a lean operating model
• Executive Communication – Clearly communicates complex Total Rewards concepts

• 7–10+ years of experience in Total Rewards, Compensation, or Benefits roles
• Experience managing compensation cycles in a mid-to-large, multi-state organization
• Strong knowledge of compensation structures, incentive programs, and benefits administration
• Experience partnering with external vendors, brokers, and benchmarking…