Bachelor's degree in Human Resources, Business, Finance, or related field required.
2 years of experience in Compensation required; 1-2 years of experience in Retirement programs preferred.
SHRM-CP or SHRM-SCP certification preferred.
Experience with Infor Global HR or other HRIS systems.
Prior experience working with Auditors and handling 5500 processes.
Responsibilities
Conduct market pricing for roles using salary surveys and benchmarking tools.
Evaluate and level job descriptions for proper grading.
Maintain and update compensation models, salary structures, and pay ranges.
Assist in annual compensation cycles, including merit and bonus evaluations.
Administer employee retirement programs and prepare necessary documentation for approval.
Ensure compliance with legal and regulatory pay requirements.
Collaborate with HRIS team and auditors for timely completion of pension contributions.
Benefits
Tuition Reimbursement for all full and part-time staff.
Generous paid time off, including your birthday.
Affordable medical, dental and vision coverage for employees and their families.
Two retirement plans: 403(b) and Employer Paid Pension.
Flexible spending options.
Full Job Description
Req #: 4082 Job ID: 15486 Job Location: New York, NY Zip Code: 10041 Category: Human Resources Agency: MJHS Corporate Status: Regular Full-Time Office: Hybrid
Salary: $85,000.00 - $95,000.00 per year
The Compensation & Retirement Analyst supports the administration and governance of MJHS's compensation and retirement programs. This role assists with annual compensation cycles, provides analytical and operational support for pay decisions, and ensures compliance with legal, regulatory, and internal pay requirements.
In addition, the Analyst plays a key role in the daily administration of retirement programs, partnering with internal stakeholders and external vendors to ensure data accuracy, audit readiness, and a high-quality employee experience. Serving as a trusted resource to employees, this role provides guidance on retirement benefits and plan features.
Responsibilities:
Assists with annual compensation cycles, including merit increases, bonus programs, and equity processes.
Prepares and supports recommendations for hiring offers, salary adjustments, promotions, and off cycle compensation requests.
Ensures compliance with applicable federal, state, and local pay regulations and internal compensation policies.
Partners with HR stakeholders, Payroll, Finance, and external plan vendors to manage daily compensation operations.
Maintains compensation data accuracy across HRIS, payroll, and vendor platforms. Maintains knowledge of economic conditions, labor market and other factors related to ensuring the organization provides competitive and sustainable compensation scales.
Supports maintenance and updating compensation models, salary structures, and pay ranges.
Research market data sources
Participates in industry and regional surveys
Analyzes, and compares current and new compensation plans or programs offered by demographically comparable organizations and makes recommendations to ensure plan competitiveness.
Supports plan audits and maintains accountability for retirement plan compliance activities.
Assists with annual retirement plan requirements, including nondiscrimination testing and required filings.
Serve as a key point of contact for employees regarding retirement plans, offering guidance on eligibility, contributions, distributions, and overall retirement readiness.
Partners with HR stakeholders, Payroll, Finance, and external plan vendors to manage daily, weekly and monthly retirement operations, audits and other deliverables.
Keeps abreast of retirement plan legal requirements.
Administers employee retirement programs including MJHS Pension (401(a)) and Retirement Savings Plan (403(b)) by verifying information and preparing forms for approval for the plan administrator.
Serves as a key point of contact for employees regarding retirement plans, offering guidance on eligibility, contributions, distributions, and overall plan provisions.
Monitors administrative documents and reports to ensure the organization's compliance with plan requirements including compliance with the applicable provisions of ERISA (Employee Retirement Income Security Act).
Maintains knowledge of trends, development and best practices related to programs and areas of responsibility.
Qualifications:
Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
Minimum of 3-5 years of experience in compensation required. 1-2 years Retirement benefits administration experience preferred.
Working knowledge of compensation principles, retirement plans, and related regulatory requirements.
Experience supporting merit, bonus, and pay administration cycles.
Familiarity with retirement compliance activities, audits, and nondiscrimination testing are preferred.
Strong organizational and analytical skills with high attention to detail.
Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Excellent written and verbal communication skills.
High level of professionalism and discretion when handling confidential employee data.
Proficiency with HRIS systems, payroll platforms, and Microsoft Office applications.
About Metropolitan Jewish Health System
Metropolitan Jewish Health System is a non-profit organization that provides health care services to seniors and individuals with chronic illnesses in the New York City area. The organization was founded in 1907 and has since grown to become one of the largest providers of home health care, hospice care, and long-term care in the region. Metropolitan Jewish Health System's services include skilled nursing, rehabilitation, palliative care, and social work. The organization is committed to providing high-quality, compassionate care to its patients and their families. Metropolitan Jewish Health System is headquartered in Brooklyn, New York.
