Overview: TheSenior Specialist, Compensation & Benefits is responsible for the administration and analysis of compensation and benefits programs, including market benchmarking, salary planning, incentive programs, and regulatory compliance. This role partners with HR and business leaders, providing recommendations that strengthen the organization's total rewards strategy. The position requires advanced analytical skills, advanced Excel, independent judgment, and the ability to manage multiple vendors and projects.
Specific duties include, but are not limited to, the following:Compensation Administration- Administer compensation programs and processes, supporting alignment with business objectives, market competitiveness, and internal equity.
- Conduct job evaluations, job leveling, market pricing, and compensation benchmarking using survey data and external sources, including market data and ad hoc surveys, to support organizational compensation strategies.
- Support annual compensation planning activities, including salary planning, merit increases, promotional increases, market adjustments, and incentive programs.
- Administer and maintain U.S.-based salary structures, job architecture, pay ranges, compensation guidelines, and related pay practices and policies.
- Analyze compensation data, workforce trends, and market intelligence to provide recommendations to leadership.
- Partner with HR and business leaders to provide compensation analysis and guidance on organizational changes, compensation recommendations, and workforce planning initiatives.
- Develop and present compensation analyses, reports, dashboards, workforce analytics, and executive summaries to support decision-making.
- Ensure compliance with all applicable compensation regulations, wage and hour requirements, pay transparency laws, and internal controls.
- Conduct compensation audits to support key governance and compliance requirements: pay equity reviews, regulatory reporting, as well as ongoing compliance initiatives.
- Identify and recommend process improvements, automation opportunities, and best practices within compensation administration.
- Analyze pay equity and internal alignment, and present trends and recommendations to HR and business leaders.
- Partner with HR Business Partners, Talent Acquisition, and business leaders to provide compensation guidance for new hires, promotions, transfers and off-cycle adjustments.
- Ensure data accuracy by validating inputs, reconciling discrepancies, and maintaining reporting integrity across systems.
- Maintain job descriptions, including pricing new roles and updating documentation for compliance and organizational changes.
Benefits Responsibilities- Administer and support U.S. benefits programs end-to-end for the ongoing administration and improvement of health, welfare, retirement, leave, wellness, and voluntary benefit programs.
- Manage day-to-day relationships with benefit providers, brokers, consultants, and third-party administrators to ensure effective plan administration, reporting and service delivery.
- Coordinate annual benefits open enrollment as well as Wellbeing fairs and activities, including planning, implementation, employee communications, and vendor coordination.
- Analyze benefit program effectiveness and recommend enhancements that support employee well-being, engagement, and organizational goals.
- Administer employee benefit enrollments, life event changes, eligibility administration, and complex benefit issue resolution elevating solutions for process improvements.
- Partner with Payroll, HRIS, Finance, and external vendors to ensure accurate benefit processing, reporting, and reconciliation.
- Ensure compliance with benefits-related regulations, including ERISA, ACA, COBRA, HIPAA, Section 125, retirement plan requirements, and applicable state regulations.
- Conduct benefits audits, regulatory filings (5500), plan testing, and internal control reviews.
- Support the maintenance and administration of benefit policies, procedures, employee communications, and standard operating procedures, ensuring the ongoing processes are complaint with all US States rules and regulations.
- Analyze benefits utilization, trends, and costs to provide recommendations that support effective plan management and cost containment.
- Support benefits implementation projects, vendor transitions, and new program rollouts.
- Provide guidance to employees, managers, and HR team members on all benefit matters including but not limited to SOPs.
Requirements:
- Bachelor's degree in human resources or business administration/management required.
- 5-7 years' experience in compensation and benefits administration, including experience performing complex analyses and supporting projects and programs.
- SHRM Certified Professional (SHRM-CP) or SHRM Senior Certified Professional (SHRM-SCP) certified credential preferred. CCP or CBP preferred or in process of obtaining.
- Strong knowledge of employee benefits and applicable laws.
- Excellent written and verbal communication skills.
- Excellent organizational and time management skills.
- Advanced proficiency in Excel and Microsoft Office Suite or similar software.
- Ability to perform effectively in a high-volume environment, while maintaining an elevated level of accuracy and attention to detail.
- Strong technological proficiency.
Why You'll Love Working Here:The pay range for this position is between $99,800 - $134,730 annually. Actual base pay offered may vary depending on a number of factors such as job-related knowledge, skills, experience, and location. Employees in this position may also be eligible for a discretionary bonus, 401(k) with an 6% employer match per pay period. Benefits for this position include Medical, vision, dental, life, and disability insurance, flexible paid time off and 11 paid holidays annually.
