Senior Compensation

13 hours ago

Silver Spring MD United States Children's National Medical Center Full time

Job Description - Senior Compensation & Benefits Consultant, PRN (240002ZC)

Description
The Senior Compensation and Benefit Consultant will provide day-to-day compensation and benefit consultation service to HR Consultants and Management on compensation issues/requests. Will lead/participate in the implementation of designated compensation and benefit programs/projects. Will manage federal compliance and other regulatory matters and assist with legal review of benefit plans for legislative compliance to include keeping abreast of new legal changes to assure all plans are maintained in compliance as well as provide timely communication to participants. Will conduct continuous internal process reviews and audits and will be responsible for the design and management of compensation and benefit programs.

Qualifications

Minimum Education
Bachelor's Degree in Business or a related field required. Advanced degree is desirable. (Required)

Minimum Work Experience
5 years of related Compensation & Benefits experience. (Required)

Functional Accountabilities

  1. Compensation and Benefits Consulting & Analysis
    • Advise, counsel, and educate management and HR staff regarding compensation-related matters.
    • Partner with HR Business Partners to address compensation and benefits-related needs and issues.
    • Administer compensation and benefits programs to ensure adherence to compensation policies, procedures, and philosophy.
    • Partner with recruiters in recommending hiring packages that attract talent as well as ensure internal equity.
    • Work with HRIS to process compensation and benefits transactions per Union contracts.
    • Work with HRIS to perform data updates and audits to ensure accuracy of compensation records in the system(s).
  2. Implementation of Compensation and Benefits Programs/Projects
    • Lead/participate in implementing designated compensation and benefits programs/projects such as annual performance management and merit increases, annual incentive payout, special market adjustments, open enrollment, benefit claims and vendor management, benefit deduction, and invoice processing, etc.
    • Ensure accurate system and data setup when the project involves usage of compensation and benefit administration systems.
    • Prepare compensation analysis and recommendations for implementation. Stay abreast of benefits utilization and program effectiveness measures.
    • Monitor project progress and provide status updates to the compensation and benefits team.
    • Work with the Director of Compensation & Benefits to implement communication and training activities for projects and initiatives.
  3. Compensation and Benefits Tools & Resource Administration
    • Serve as the CNMC administrator for compensation and benefits systems regarding data updates, user assistance, and vendor liaison.
    • Administer updates to the compensation manual and/or benefits plan documents, including but not limited to salary ranges, hiring guidelines, compensation forms, job code tables, process documents, benefit costs, benefit plan design changes, etc.
    • Compile reports and scorecards based on needs from organizational management and HR leadership.
    • Maintain compensation activity log and job code action log.
  4. Other
    • Perform compensation program audits to ensure legal compliance in areas such as EEO and FLSA.
    • Provide compensation support for H1-B visa requests.
    • Assist the Director of Compensation & Benefits with compensation analysis for union negotiations.
  5. Federal Compliance (ERISA)
    • File annual compliance reports (i.e., Form 5500s, FMLA, SARs).
    • Maintain a working knowledge of regulatory matters to ensure Benefits Department’s policies, practices, and procedures are compliant.
    • Keep abreast of new legal changes to assure plans are compliant and communication to employees is timely.
    • Work with third-party vendors to design, distribute, and maintain timely compliant employee communication.
  6. Key Strategic Initiatives and Special Benefits Projects
    • Plan and coordinate the implementation of key strategic initiatives and special benefits projects.
    • Work with third-party vendors to ensure timely and accurate implementation and communication of new programs.
    • Implement targeted programs to support fiscal management of leave and medical benefit programs.
    • Coordinate the Annual Health Fair.
  7. Internal Communication
    • Develop an effective communication strategy using multiple channels; promote positive communication of Benefits programs to CNMC.
    • Design communication materials for Benefits programs to enhance the organization’s understanding of the value of such programs.
    • Design and coordinate the delivery of communication for New-Hire Orientation, Annual Open Enrollment, and Seminars.
  8. Process Improvement
    • Provide ongoing process and audit reviews; serve as peer review lead to ensure compliant fiscal safeguards.

Organizational Accountabilities

  1. Organizational Commitment/Identification
    • Partner in the mission and uphold the core principles of the organization.
    • Commit to diversity and recognize the value of cultural and ethnic differences.
    • Demonstrate personal and professional integrity.
    • Maintain confidentiality at all times.
  2. Customer Service
    • Anticipate and respond to customer needs; follow up until needs are met.
  3. Teamwork/Communication
    • Demonstrate collaborative and respectful behavior.
    • Partner with all team members to achieve goals.
    • Be receptive to others’ ideas and opinions.
  4. Performance Improvement/Problem-solving
    • Contribute to a positive work environment.
    • Demonstrate flexibility and willingness to change.
    • Identify opportunities to improve clinical and administrative processes.
    • Make appropriate decisions using sound judgment.
  5. Cost Management/Financial Responsibility
    • Use resources efficiently.
    • Search for less costly ways of doing things.
  6. Safety
    • Speak up when team members exhibit unsafe behavior or performance.
    • Continuously validate and verify information needed for decision-making or documentation.
    • Stop in the face of uncertainty and take time to resolve the situation.
    • Demonstrate
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