Compensation and Benefits Manager

3 weeks ago

Columbus, United States Telhio Credit Union Full time

Formed in 1934, Telhio Credit Union began as a credit union for Columbus Telephone Company (now AT&T) employees. 90 years later, Telhio now serves over 70,000 member-owners throughout central and southwest Ohio though our 13 full-service branch offices, online and with our mobile app. As the 6th largest credit union in Ohio, and the #1 ranked SBA Lender among Ohio credit unions, Telhio is a strong financial institution that continues to serve its members and community through extraordinary service and innovative financial solutions. After generations of service and growth, we never lose focus of our original three core values - Caring, Commitment, and Integrity.

Job Summary:

The Compensation and Benefits Manager will be responsible to design, implement, and manage our total rewards programs, ensuring they align with the organization's strategic objectives and support employee engagement and retention. This role requires a deep understanding of compensation, benefits, and HR technology, as well as the ability to analyze market trends and data to ensure our programs remain competitive and compliant.

Overall, the Total Rewards leader is responsible for designing, implementing, promoting, monitoring and measuring effectiveness of Total Reward programs within area of expertise to enhance the overall employee experience. They develop and implement programs to measure, improve, and reward employee performance. They also collaborate with vendors, negotiate contracts, and evaluate service levels.

Essential Functions:

Global Compensation Administration & Management:

  • Manages base pay and variable pay compensation program design, analysis and administration. This includes incentive pay and bonus program design
  • Reviews the company's compensation levels relative to identified market, developing and recommending changes to the salary structure,
  • Serves as lead for conducting job evaluations and communicating results
  • Responsible for monitoring and ensuring compliance of the Fair Labor Standards Act (FLSA) for U.S. based positions
  • Responsible for the planning, design, administration and implementation of the annual and semiannual compensation salary planning process; including working with Finance to achieve budget expectations
  • Partners with CHRO, Human Resources Business Partner and other leaders on designing and pricing any organizational structure changes
  • Manages the compensation system and vendor along with other external compensation survey process and survey subscriptions
Benefits Management:
  • Communicates benefit, retirement and wellness programs, ensures statutory compliance; stays abreast of upcoming legislation and communicates necessary changes accordingly
  • Oversee administration of annual filings, audits, leave of absence programs and employee support
  • Partners closely with outside Benefits Consultant/Broker to manage employee benefits programs such as medical, dental and vision; term life insurance plans; temporary disability programs; and accidental death policies
  • Develops specifications for new plans or modifies existing plans to ensure a benefit package that is meaningful and competitive
Human Resources Information Systems (HRIS) Management:
  • Responsible for all Payroll Administration and Timekeeping Systems
  • Responsible for administration, design, end user experience, reporting and analytics for entire HRIS System
  • Ensures best practice business process/workflows and other system dependencies are in place within entire people technology stack to support system users
  • Oversees compliance with global, federal, state and local data protection regulations
  • Partners closely with team to ensure administration of compensation programs, performance reviews, benefits and open enrollment, payroll and reporting efforts, among others in the HRIS system
  • Participates in and leads special projects or other duties as needed
Qualifications:
  • Bachelors degree in Human Resources, Communications, Business, or equivalent discipline (Required)
  • Master's degree in Business, Human Resources, Industrial or Labor Relations, or Organizational Psychology (Preferred)
  • 7-9 years' Experience in Compensation & Benefits (working in a large organization) (Required)
  • Strong executive presence required
  • Ability to develop materials and present ideas/recommendations at all levels within the organization to gain approval of programs/process changes
  • Ability to analyze data using statistical methods/techniques/best practices with innovative mindset
  • Strategic thinking
  • Articulates a compelling vision, energizes others and shows them how they connect to it.
  • Able to make difficult decisions that balance short-term results with longer-term strategy
  • Proven track record of developing and implementing Total Rewards that drive business outcomes
  • Proven track record in driving HR initiatives that have a tangible impact on business performance
  • Strong understanding of HR policies, employment laws, and regulations
  • Demonstrated ability to navigate in a fast-paced, dynamic environment and manage multiple priorities effectively
  • Excellent leadership and people management skills, with the ability to inspire and develop a high-performing team
  • Exceptional communication and interpersonal skills, with the ability to build strong relationships and influence stakeholders at all levels
  • Exceptional analytical and strategic thinking skills, with the ability to leverage data to make informed decisions
  • Strong leadership and communication skills, capable of influencing at all levels and navigating complex organizational dynamics
  • Total Rewards, Compensation, or PHR/SPHR (Preferred)
  • Must be able to pass a background check including: Credit, Drug Screen, Criminal and bondability
What you will earn:
  • Competitive pay
  • Benefits: several medical plan options, dental, free vision, free life and free disability insurance
  • Additional financial incentive programs for employees enrolled in our insurance
  • 6% matching and immediately vested 401(k) plan
  • Generous schedule for paid holidays, vacation and personal time for a healthy work-life balance
  • Opportunity for personal career growth, continued education and mentorship programs
  • Volunteer opportunities impacting the local community

Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, you will need to have good manual dexterity as well as speaking and hearing ability. This position requires sitting; some reaching; frequent standing and walking; some stooping or kneeling. The employee must occasionally lift and move up to 50 pounds. It is expected that the employee will read, compile, compute and record numerical and statistical data.

This is a Non-Collective Bargaining Unit
Telhio is an Equal Opportunity Employer

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