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Compensation and Benefits Analyst
2 months ago
The function of this job is to act as an internal consultant to the Human Resources department and cross-functional business leaders. The role will help maintain our organization’s global compensation plans, programs, and policies. This position will also play a supporting role to our Benefits Manager, providing administrative support and department coverage. In addition, this role will participate in position benchmarking, job description creation, job valuation, data analysis, salary structure administration, as well as participation in any Total Rewards related projects and initiatives. This role will help drive continued compensation strategy, the annual merit process, market adjustment initiatives, process improvement initiatives and HR system updates.
PRIMARY DUTIES AND RESPONSIBILITES:
- Partner with HR Business Partners, Talent Acquisition, and Business leaders in finalizing global compensation packages that are internally equitable and externally competitive.
- Contribute to the ongoing development and governance of the compensation philosophy.
- Continually evaluate compensation programs to ensure they are legally compliant, competitive, aligned with the overall compensation philosophy, and driving the appropriate business results.
- Manage the compensation function and administer compensation related programs and policies.
- Conduct market analysis of jobs to determine competitive positioning of pay programs.
- Participate in annual salary administration projects, including salary structure evaluation and maintenance.
- Provide compensation data and data analysis to business leaders.
- Provide administrative assistance to the Benefits Manager, this will include but not be exclusive to:
- Process billing and resolve discrepancies with insurance providers.
- Approve, monitor, troubleshoot, and audit employee selections and payroll deductions in the benefit administration system for enrollments.
- Complete weekly internal payroll reports and fund employee accounts (HSA and 401K).
- Create and prepare required reports including census, enrollment summaries, and audit files.
- Assist with day-to-day activities of the organization’s benefit programs.
- Perform additional duties as assigned.
MINIMUM QUALIFICATIONS:
- Bachelor’s degree in related field or equivalent experience in Compensation and Benefits.
- Minimum of 3-5 years experience working in Compensation and Benefits.
- Demonstrated subject matter expertise in all areas of compensation program design and administration, plus a strong focus on project management and communications.
- Strong skills in Microsoft Office suites (Excel, Word and PowerPoint).
- Strong skills in HRIS and Talent Management platform administration.
- Strong communication and presentation skills.
- Ability to prioritize tasks and work independently on issues of high complexity.
- Experience collaborating with internal stakeholders at all levels.
- Knowledge in federal and state labor law such as FLSA, OFCCP regulations regarding pay, minimum wage, and the Equal Pay Act.
PREFERRED QUALIFICATIONS: (if any)
- Strong skills in HRIS and Talent Management specifically in the Dayforce platform.
- Experienced executive communicator, preferably with C-Suite Leaders.
- Global compensation program experience preferred.
ADDITIONAL INFORMATION
- Actively supports and complies with Pelican’s objectives, guidelines and commitment to Quality and Safety, with an emphasis on continual improvement.
- Must be able to interact effectively and cooperatively with employees at all levels.
- Must have the ability to complete assignments within the timeframe specified by the Manager.
- Must be flexible regarding working hours. Must be able to work evenings and weekends, with or without advance notice.
- Must be able to operate in a fast-paced environment and handle multiple projects simultaneously.
PHYSICAL REQUIREMENTS AND WORKING CONDITIONS
- While performing the duties of this job, the employee will be occasionally required to execute standard physical activities within the facility areas (i.e. stand, walk, sit, use hands/fingers).
- While performing the duties of this job, the employee will be occasionally required to execute non-standard physical activities within the facility areas (i.e. climb or balance, stoop, kneel, crouch).
- Ability to lift and/or move up to 20 pounds and occasionally lift and/or move up to 40 pounds.
- This position requires repetitive hand/wrist activities.