Job Details
Experience Needed:
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Skills And Tools:
Job Description
- Researching compensation and benefits policies and plans.
- Ensuring compensation and benefits plans are cost-effective and competitive.
- Monitoring and researching compensation and benefits trends.
- Comparing benefits and compensation plans, job classifications, and salaries through data and cost analyses.
- Designing reports and recommendations based on research and analysis for the senior executive team.
- Preparing and updating job descriptions and occupational classifications.
Compensation:
- Assessing the organization’s pay structure.
- Researching compensation trends and reviewing compensation surveys.
- Evaluating compensation policies.
- Ensuring that the pay practices comply with state and federal laws and regulations.
Benefits:
- Administering the organization’s benefits programs (e.g., retirement plans, leave policies, wellness programs, insurance policies, etc.).
- Researching and analyzing benefits plans, programs, and policies.
- Making recommendations based on data analyses.
- Monitoring government regulations, legislation, and benefits trends.
- Working with insurance brokers and benefits careers.
- Managing the enrollment, renewal, and distribution processes.
Job Analysis:
- Writing and revising job descriptions.
- Determining position classifications.
- Preparing and updating salary scales.
- Making recommendations to managers regarding job descriptions, salaries, and classifications.
Job Requirements
- Proven working experience as a compensation and benefits specialist.
- Prior experience in HR practices and compensation cycle management.
- Working knowledge of job evaluation and job analysis systems.
- Previous experience with organizational psychology and labor market surveys.
- Adequate knowledge of current labor rules and regulations.
- Familiarity with various types of incentives and benefits.
- Extensive knowledge of HRIS and MS Office.
- Strong quantitative and analytical skills.
- BS degree in human resources, business administration or finance.
- Strong with numbers.
- Detail-oriented.
- Great communication.
- Strong Ethics and Discretion.
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