Compensation & Benefits Manager

Job Description

Key Responsibilities:

• Compensation Strategy Development:
  • Design and implement competitive compensation structures, including salary ranges, incentive programs, and bonuses.
  • Conduct job evaluations, market analyses, and salary benchmarking to ensure pay equity and competitiveness.
  • Partner with leadership to align compensation policies with business goals.
  • Oversee the annual salary review process and other compensation programs.
• Benefits Program Management:
  • Manage and communicate a rich and extensive employee benefits program, including disability, leave of absence, workers compensation, professional development and work accommodations.
  • Monitor and assess benefits offerings to ensure they are competitive and meet the needs of our employee population.
  • Collaborate with the Corporate Benefits team on the rollout or enhancement of any new or existing benefit programs, trainings or events.
  • Oversee all aspects of benefits administration, including open enrollment, weekly benefits orientation, employee inquiries, and compliance reporting.
• Compliance and Legal Requirements:
  • Ensure compensation and benefits programs comply with all applicable laws and regulations, including FLSA, ERISA, ACA, and local labor laws.
  • Stay informed on changes in legislation affecting compensation and benefits programs and implement necessary adjustments.
  • Manage employee communications regarding changes in compensation and benefits policies.
• Data Analysis & Reporting:
  • Analyze compensation and benefits data to assess effectiveness and competitiveness of programs.
  • Provide detailed reports on compensation trends, turnover rates, and benefits utilization.
  • Prepare and present compensation and benefits recommendations to senior management.
• Employee Relations and Support:
  • Provide guidance and support to HR team members and managers regarding compensation and benefits issues.
• HR Collaboration:
  • Collaborate with HR and other departments to ensure alignment between compensation and benefits programs and overall HR strategies.
  • Support talent acquisition efforts by providing competitive compensation packages for new hires.

Qualifications:

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field; Master's degree preferred.
• 5+ years of experience in compensation and benefits management.
• Strong understanding of federal, state, and local compensation and benefits regulations.
• Proficiency in HRIS systems and compensation/benefits software.
• Advanced Excel skills and experience with data analysis tools.
• Strong analytical, problem-solving, and communication skills.

Key Competencies:

• Strategic thinking with the ability to align compensation and benefits programs with organizational goals.
• Excellent interpersonal and negotiation skills.
• Ability to manage multiple priorities in a fast-paced environment.
• High level of confidentiality and professionalism.
• Knowledge of Oracle a plus.

#LI-Hybrid

Pay range $110-120K. Starting salary dependent on candidate qualifications and experience.