Compensation & Benefits Analyst
Job Title: Compensation and Benefits Analyst
Department: Human Resources
Reports To: Human Resources Manager
FLSA Status: Exempt
POSITION SUMMARY
The Compensation and Benefits Analyst develops a consistent pay and benefits standard by comparing benefit packages among team members within the company and at other organization in the same industry. Interprets and develops Human Resources policies, procedures, and programs regarding compensation and benefits while maintaining compliance with state and federal laws. Coaches site leadership on the implementation and communication of new and existing programs.
ESSENTIAL DUTIES AND RESPONSIBLITIES
Administers compensation programs in collaboration with the HR Manager and provides guidance and education on policies and procedures, the common salary review process, market adjustments, and the job analysis process.
Identifies retention issues during and after the employment process and assists with team member retention planning with regard to compensation and benefit packages.
Acts as a resource to the company for benefits education and answers basic and complex questions regarding benefits.
Oversees benefit programs, including plan design, vendor selection/management, communication and compliance
Participates in benefit renewal conversations, analyzes and models current benefits plans and recommends new programs and/or plan changes in collaboration with the company’s benefit broker.
Collaborates with outside vendors to customize and implement systems for the administration of various benefits programs.
Serves as the primary liaison for benefit partners.
Identifies opportunities and implements benefits education plans and related communications, including new hire communication, open enrollment, and other initiatives.
Administers ACA tracking, ensuring participant health insurance records are accurate for third party vendor to prepare tax statements
Designs and implements company wellness programs and initiatives. Works with Broker to design impactful programs and initiatives tied to health plan strategy. Reviews metrics of Wellness plan design and recommends changes.
Works with HR Generalists to manage the Company’s leave of absence programs and vendor/partners.
Performs monthly audits on benefit plans for the company.
Assists company, brokers, and providers in resolving any benefit concerns and questions.
Maintains benefit records according to state and federal regulations.
Completes 5500 forms.
Evaluates and provides education for the company’s 401k program. Completes yearly compliance audits and participates in the 401k Committee.
Management of the company’s worker’s compensation program including renewals, program implementation and follow up of incidents.
Participates in and lead’s the company’s Safety Committee.
Prepares and maintains job descriptions for each position in the organization; ensures descriptions accurately reflect the work being performed by team members.
Evaluates and maintains company compensation structure and strategy including evaluating pay bands, exempt/non-exempt status, completing wage surveys and recommending changes.
Evaluates and maintains company incentive program documents, procedures, and implementation.
Administers and communicates the requirements of state and federal regulations affecting Human Resources functions and assist in ensuring policies, procedures, and reporting are in compliance.
May lead or be asked to facilitate focused Human Resources related projects/program management.
Evaluates the effectiveness of existing human resource programs to ensure they continue to meet their designed purposes.
Provides backup support for payroll administration.
Other duties may be assigned.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor’s degree preferred; or training and knowledge of Human Resources and general business practices equivalent to that which would be acquired by completing a regionally accredited bachelor’s degree program.
A minimum of 3 years progressively responsible experience in Human Resources which include experiences in administering Human Resources policies and procedures, familiarity with compensation & benefits procedures and programs, and communicating with team members and leadership.
Professional in Human Resources (PHR)/Certified Professional (SHRM-CP) or Senior Professional in Human Resources (SPHR)/Senior Certified Professional (SHRM-SCP) certification preferred.
Must be proficient in the use of Microsoft Office (Excel, Access, PowerPoint and Word) or similar products. Familiarity with HRIS software highly desirable.
Travel may be required occasionally.
NECESSARY KNOWLEDGE, SKILLS, AND ABILITIES
Commitment to excellence in customer service and other Diversified Management Group values.
Demonstrated knowledge and understanding of compensation and benefits administration.
Demonstrated knowledge of the laws and regulations that impact human resource functions including Family and Medical Leave Act (FMLA), Fair Labor Standards Act (FLSA), Equal Pay Act, (EPA) Title VII of the Civil Rights Act, and the Americans with Disabilities Act (ADA).
Ability to make recommendations to effectively resolve problems or issues, by using judgment that is consistent with standards, practices, policies, procedures, regulations, and laws.
Effective customer service skills both in person and over the phone to team members, participants and other internal/external customers required.
Excellent oral, written, and interpersonal communication skills required. Writes clearly and informatively, editing work for spelling and grammar, and varies writing style to meet needs. Presents numerical data effectively and clearly. Able to read and interpret written information and communicate that information to users when necessary.
Speaks clearly and persuasively in positive or negative situations. Listens and gets clarification. Responds well to questions and participates in meetings. Responds promptly to user needs, soliciting feedback to improve service, responding to requests for service and assistance. Also manages difficult or emotional situations appropriately.
Ability to work within deadlines with a high attention to detail.
Flexibility to work the number and schedule of hours needed to accomplish regular and ad hoc job responsibilities.
Excellent independent problem solving and decision-making skills, including appropriate problem identification, research and analysis, idea generation, and implementation of resolutions.
Excellent organizational skills, including the ability to effectively and competently handle multiple priorities simultaneously and the flexibility and ability to quickly adapt to changes.
Images

Additional Info
Job Type : Full-Time
Education Level : Associate Degree
Experience Level : Entry Level
Job Function : Professional