Extensive knowledge of employee benefits and compensation regulations.
Strong analytical, problem-solving, and communication skills.
Responsibilities
Protect sensitive company and employee information.
Evaluate and classify job positions based on duties and responsibilities.
Manage the Annual Compensation Review process and ensure compliance with policies.
Draft and coordinate employee communications regarding compensation and benefits.
Resolve complex employee benefit issues or refer them to appropriate parties.
Research industry trends and regulatory developments in compensation and benefits.
Administer employee insurance and savings programs, including 401(k) plans.
Benefits
Comprehensive health insurance options.
Retirement savings plans, including 401(k).
Employee education on benefits and retirement plans.
Support for professional development and certifications.
Potential for occasional travel up to 10%.
Full Job Description
Position Summary:
Researches, analyzes, and administers compensation and benefits programs. Maintains current, accurate job descriptions and records of job classification values. Monitors pay trends and talent market conditions. Benchmarks jobs for market competitiveness. Maintains compliance of compensation and benefit operations with ERISA, ADA, ACA, HIPAA, COBRA, FMLA, FLSA, ADEA, EPA, INA and other state and federal laws and regulations. Supports employees with benefits education, enrollment, and utilization.
Responsibilities:
Acts to protect sensitive company and employee information at all times.
Evaluates new and existing positions by analyzing position duties and responsibilities to determine appropriate job classification values including compensation structure, market reference range, FLSA type, workers compensation category, TM flag, etc. Maintains job description inventory.
Manages the Annual Compensation Review process. Compiles and analyzes data received during review to ensure pay decisions comply with Company policy and relevant laws and regulations.
Drafts and coordinates employee communications about compensation, benefit, and retirement savings programs.
Responds to complex employee benefit issues and resolves or refers to appropriate parties for resolution.
May function as a liaison between the organization, benefits broker representatives, and third-party benefits providers.
Partners with HR team to ensure maintenance of compensation and benefit plans, validation tables, data feeds to vendors, etc.
Researches and analyzes industry trends and regulatory developments with respect to compensation & benefit programs.
Reviews and reports on benefit utilization and retirement savings plan participation.
Assists in development and delivery of employee education about benefit and retirement savings plans.
Administers employee insurance programs including life, disability, and health insurance plans.
Administers employee savings plans that may include the company's 401(k) plan, personal savings plans, and deferred compensation programs.
Advises and informs employees of changes and developments related to benefits including eligibility, coverage, and provisions.
Researches and compares compensation and benefits plans offered by demographically comparable organizations; assesses competitors' plans and makes recommendations for enhancements or improvements required to keep the organization's plans competitive and effective.
Facilitates accurate and timely delivery of employer contributions and employee payroll deductions to carriers, plan administrators, or other appropriate service providers.
Completes records, reporting, and other documentation required by federal, state, and provider rules, regulations, and policies.
Conducts employee surveys, census, and other research and demographic efforts required to collect accurate quotes from benefit providers.
Identifies and selects carriers and plans based on quotes, available benefits, and prior experience.
Monitors administrators' and insurance carriers' reports to ensure the organization's compliance with plan requirements.
Ensures the organization's and plans' compliance with the applicable provisions of COBRA, HIPAA, and ERISA.
Maintains knowledge of economic conditions, labor market, and other factors related to ensuring the organization provides competitive and reasonable benefits and compensation scales and structures.
Maintains knowledge of trends, developments, and best practices in compensation and benefits administration.
Performs other related duties as assigned.
Requirements:
Education & Certifications:
Bachelor's degree in human resources, general business, or related field or equivalent experience.
Certified Compensation Professional (CCP), SPHR, PHR, SHRM-SCP, SHRM-CP certification preferred.
Experience:
Five years of compensation and/or benefits or relevant experience.
Knowledge, Skills, Demonstrated Capabilities:
Excellent verbal and written communication skills.
Extensive knowledge of employee benefits and compensation.
Strong analytical and problem-solving skills.
Excellent time management skills with a proven ability to meet deadlines.
Knowledge of COBRA, HIPAA, and ERISA requirements.
Proficient with Microsoft Office Suite or related software.
Eligibility:
US citizenship.
Able to obtain and maintain a security clearance.
Occasional travel may be required up to 10%.
Physical Requirements:
Vision: able to see and read computer screen and other electronic equipment with screens, able to read documents.
Hearing: able to hear to participate in conversations in person and via teleconference or phone and to hear sounds including safety warnings or alarms.
Equipment Operation (personal computer, telephone, copies, fax machine, and related office equipment and using electronic identification card to enter building floors and internal doors): able to operate most office and personal electronic equipment.
Carrying: able to carry documents, electronic equipment and/or supplies up to 25lbs.
Lifting: able to lift documents, electronic equipment and/or supplies up to 25lbs.
Sitting: able to sit for long periods of time in meetings, working on computer.
Squatting / Kneeling: able to occasionally squat or kneel to retrieve or replace items shelved on bottom shelves.
