The Manager of Compensation and Benefits is responsible for the planning, design,
implementation, administration, and communication of benefits and compensation with a focus
on developing a holistic and integrative approach. Must establish effective partnerships with all
areas of human resources, and internal/external customers to build synergies and alignment for
benefits and compensation programs.
Primary Duties
- Provides operational leadership in the design, development, implementation, administration, and communication of benefits and compensation programs including health, welfare, retirement, base pay, incentives, and other rewards
- Advises business leadership on benefits and compensation programs for domestic and international initiatives
- Partners with leadership to leverage compensation and benefits programs to meet organizational objectives
- Analyzes current benefits and compensation programs to ensure they align with company business strategy, are market competitive and are cost-effective
- Oversees establishment and maintenance of strategic partnerships for benefits administration with vendors, benefits contracts, and bid negotiation
- Ensures annual benefits enrollment and benefits plan changes are executed in a professional manner
- Partners with internal leadership and benefits and compensation team to develop communication strategy for benefits and compensation plans
- Serves on 401(k) Investment Committee and ensures plan administration is compliant with legal and plan specifics
- Oversees compensation team as they coordinate multiple hourly employee’s base pay increase processes, including guidelines, communications system updates, reporting and processes for payout
- Plans and manages the exempt employees’ annual increase process including guidelines, budget tracking, communications, system updates, reporting and processes for payout
- Utilizing benchmarking and market analysis, researches and recommends fiscal year salary budgets
- Establishes guidelines for base pay range analysis and administration to ensure market competitiveness
- Leads development and administration of variable compensation plans, including plan documents, communications, eligibility lists, system updates, payouts and reports to Finance,
Payroll and Executive Leadership
- Oversees administration of recognition programs including the development of guidelines/processes, budget tracking and reporting
- Partners with Talent, HRIS & Payroll teams to ensure compensation changes are processed accurately and timely
- Oversees administration of executive long-term incentive plan, including development and distribution of communication materials, recordkeeping, and reports for Finance, Payroll and Executive Leadership
- Maintains current knowledge of related government rules and regulations, including the Employee Retirement Income Security act (ERISA), FLSA, FMLA, HIPAA, ADA, COBRA, and other applicable Labor and/or Tax laws and regulations; ensures regulatory compliances are fulfilled
- Oversees the maintenance of benefits and compensation database tables and files in payroll / HRIS system and the development and analysis of custom reports to meet the requirements of company leadership and staff
- Leads and develops the benefits and compensation team
Other Duties
Experience
- Minimum 8 years related experience including successful track record of effectively leading a complex business organization; or an equivalent combination of education and experience
- Experience working with an HRIS and/or payroll systems
- Experience ensuring regulatory compliance of compensation, health & welfare programs and retirement programs
- Advanced experience with Microsoft Excel, Outlook, and Word
- Proficient in the use of compensation data management tools
Essential Skills
- Knowledge of basic human resources laws and regulations including, but not limited to the Equal Pay Act, the Lilly Ledbetter Act, ERISA, FMLA, HIPAA, ADA, COBRA, and FLSA regulations
- Excellent written and oral communication skills that demonstrate a proven ability to develop relationships with a range of internal and external customers
- Ability to read and interpret documents such as plans and government regulations
- Outstanding analytical and strategic planning skills
- Ability to evaluate, develop, document, and improve processes for efficiency and improved end user experience
- Ability to communicate plan information, changes and impact to all levels of the organization and external partners
- Ability to solve problems and deal with a variety of variables in situations where only limited standardization exists
Send Resumes in Word format to jhalsey@naglergroup.com
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