Compensation & Benefits Analyst
1 month ago
We are a dynamic medium-sized company with a dedicated team of over 400 professionals spread across North America, committed to our customer-first approach. Located at our corporate headquarters in Middleboro, MA, we are seeking a skilled Compensation and Benefits Analyst to play a pivotal role in shaping our compensation strategies and ensuring equity across our organization. At Sager Electronics, you'll find a stable environment, a collaborative culture, and an opportunity to make a meaningful impact where your contributions are valued.
Key Responsibilities:
- Develop and communicate comprehensive compensation strategies and structures.
- Collaborate with managers to foster transparency in our pay philosophy.
- Analyze and optimize employer compensation programs, including base pay, incentives, and bonuses aligned with recruitment, retention, and engagement goals.
- Design and maintain pay structures, grading systems, and compensation budgets.
- Conduct internal pay equity reviews to uphold fairness in compensation practices.
- Partner with HR and managers to resolve compensation-related issues such as new hires, promotions, and transfers.
- Conduct market research and analysis to benchmark competitiveness and identify compensation trends.
- Advise senior management on effective pay decisions in alignment with policy and budgetary guidelines.
- Evaluate job roles against market data, update job descriptions, and maintain job architecture.
- Collaborate with our parent company on benefits program development and participate in benefit planning meetings.
- Lead the implementation and communication of company benefit plans, including Open Enrollment updates.
- Ensure compliance with internal policies, procedures, and current legislation.
- Manage annual salary review processes for various departments.
- Bachelor's degree in Human Resources, Business Management, Finance, or a related field; CCP or PHR certification preferred.
- 7+ years of progressive experience in compensation and benefits administration.
- Expertise in designing and implementing compensation and benefits programs, HRIS, and total rewards strategies.
- Strong analytical skills with proficiency in Excel to analyze data and generate insightful reports.
- Excellent communication and interpersonal skills with a collaborative and problem-solving mindset.
- Ability to interact effectively across all organizational levels.
- Ethical practice and global cultural awareness in HR operations.
Why Join Us:
At Sager Electronics, we value our team members and strive to provide a comprehensive benefits package for full-time employees. Here is what you can expect:
- Medical, dental, and vision insurance to keep you and your family healthy.
- 401(k)/Roth plan with matching, ensuring your financial future is secure.
- Healthcare Savings Accounts for added flexibility in managing medical expenses.
- Educational Assistance (Tuition Reimbursement) to support your ongoing learning and development.
- Continuous training opportunities throughout your employment, empowering you to grow both personally and professionally.
- A strong commitment to giving back to our communities through philanthropic opportunities and volunteer hours.
Sager Electronics, a wholly owned subsidiary of TTI Inc., a Berkshire Hathaway Inc. company, is a North American distributor of Interconnect, Power and Electromechanical components from leading manufacturers worldwide and a provider of custom value-add solutions. Grounded in over 135 years of innovation and service, Sager Electronics provides customers and suppliers a unique combination of operational excellence and innovative business solutions through its Distributing Confidence® business model. Headquartered in Middleborough, MA, Sager operates a national network of field sales representatives and power systems sales engineers, ten strategically located service centers, and a value-add Custom Solutions Center in Lewisville, TX. To learn more about us, visit www.sager.com
To perform the position, you must be a U.S. Person as defined by ITAR. ITAR defines a U.S. Person as a U.S. Citizen, U.S. Permanent Resident (i.e., 'Green Card Holder'), Political Asylee, or Refugee.
Sager Electronics is an Equal Opportunity Employer committed to providing equal opportunities to all employees and applicants for employment without regard to race, color, sex (including pregnancy), sexual orientation, gender identity, age, national origin, religion, physical or mental disability, veterans' status, genetic information, or any other characteristic protected by law.
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