
Benefits & Compensation Analyst
1 day ago
Job Description Summary
Designs, develops, and manages compensation and benefits programs that align with the company's overall rewards strategy and global pay philosophy. Compensation & Benefits ensures that the company's compensation and benefits programs attract, retain, and motivate employees while maintaining fiscal responsibility and compliance. Key areas of responsibility include; compensation management, benefits management, market analysis, strategic improvements, and compliance.
Key Responsibilities
• Provides a full range of compensation, benefits and wellbeing support for a geographic segment of the organization.
• Supports team efforts to deliver compensation and benefits services to larger organizational groups.
• Determines associate benefits eligibility.
• Performs associate enrollment and updates based on employment, life and other status changes.
• Delivers new-hire benefits orientation.
• Advises / supports the assigned organization on annual merit, short- and long-term incentives and administration.
• Facilitates annual open enrollment fairs to educate associates on benefits, health, wellbeing, and retirement benefits.
• Ensures internal and external pay equity within the assigned organization.
• Handles workers' compensation, short- and long-term disability and job-related medical accommodations.
• Facilitates / supports retirement plan eligibility, enrollment, termination and related activity.
• Responds to associate benefits and wellbeing questions.
• May support sales-related compensation processes, by:
o Updating and maintaining incentive calculation reports,
o Communicating plan, system and payment information, and
o Assisting with payout modeling and scenario testing
• Collaborates on design and review of special compensation programs, SPIFFs, and/or incentive plans.
• Assists with compensation trend analysis; provides point-in-time status reports and completes ad hoc reporting requests.
Key Qualifications
BA/BS degree and 2-4 years' relevant experience OR equivalent combination of education and experience
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