Compensation Benefits Manager

3 weeks ago

Elkhart, United States Welch Packaging Full time

Summary

The Compensation and Benefits (C&B) leader is responsible for the administration and strategic analysis of all benefit, 401(k) and compensation programs. In addition, the role will lead the HR systems and Payroll functions.

The Role

  • Support the administration of benefits including Medical, Dental, Vision, Life, Disability, supplemental/voluntary and 401(k)
  • Administers the leave of absence program to include but not limited to short-term and long-term disability, FMLA leaves, and the Companys paid and unpaid leave programs
  • In cooperation with the internal communication team, creates benefit communication materials including presentations and information packages, to keep employees and management informed on benefits information and changes
  • Analyzes benefits policies, government regulations, and market trends rates to offer suggestions towards a competitive benefit plan
  • Coordinates wellness events and programs
  • Participates in annual compliance and audit activities as needed
  • Maintains up-to-date knowledge of all laws, regulations and practices affecting employee benefits programs and ensures that the Companys benefit programs are compliant
  • Identifies, researches, analyzes and resolves benefits enrollment and vendor issue.
  • Performs nondiscrimination and other regulatory testing, if needed
  • Reviews, interprets, and maintains the legal benefit plan documents to ensure plan compliance with current IRS/DOL regulations
  • Manages the development, implementation, and administration of compensation programs
  • Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with the compensation trends and corporate objectives
  • Provides advice to corporate staff on pay decisions, policy interpretation and job evaluations
  • Lead all efforts around payroll processes, procedures, and audits
  • Direct and manage the Payroll Administrators

Key Functional Responsibilities

  • Strong knowledge of regulatory and legislative issues impacting Benefits (COBRA, HIPAA, ACA, HSA, USERRA, etc.). Should be able to provide guidelines to employees, managers, and directors
  • Knowledge of all federal, state, and local regulations and compliance requirements related to employee compensation
  • Must be familiar with all aspects of plan administration including required testing, Form 5500 preparation, and plan design, and regulations related to the retirement plan
  • Strong HR systems acumen

Requirements/Qualifications

  • 7 to 10 years' experience working in Compensation and Benefits and/or Human Resources; in a manufacturing environment plus
  • Bachelor's degree in Business, Human Resources, or related field and/or equivalent work experience
  • Ability to work well under pressure in a fast paced, metrics-driven environment
  • Flexible; team player; self-starter; self-motivated
  • Strong organizational skills, attention to detail, ability to multi-task

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