Senior Compensation and Benefits Manager

3 weeks ago


Reston, Virginia, United States Best Formulations Full time
About the Role

We are seeking a highly skilled Senior Compensation and Benefits Manager to lead our compensation and benefits programs. As a key member of our HR team, you will be responsible for developing and implementing compensation and benefits strategies that align with our organizational goals and objectives.

Key Responsibilities:

  • Develop and implement compensation and benefits strategies that align with organizational goals and objectives.
  • Oversee the design, development, and administration of employee compensation programs, including base pay, incentives, and bonuses.
  • Conduct regular market analysis to ensure our compensation and benefits offerings remain competitive.
  • Lead the annual salary review process, including budgeting, benchmarking, and salary structure adjustments.
  • Partner with HR leadership to develop and implement comprehensive benefits programs, including health insurance, retirement plans, and other employee benefits.
  • Ensure compliance with all relevant regulations and laws governing compensation and benefits programs.
  • Analyze compensation and benefits data to identify trends, opportunities for improvement, and areas of risk.
  • Collaborate with cross-functional teams to address compensation and benefits-related issues and provide strategic guidance.
  • Lead and develop a team of compensation and benefits professionals, providing mentorship, guidance, and support.

Requirements:

  • Bachelor's degree in Human Resources, Business Administration, Finance, or related field; Master's degree preferred.
  • 7+ years of experience in compensation and benefits management, with at least 3 years in a leadership role.
  • Strong understanding of compensation and benefits principles, practices, and trends.
  • Proven track record of designing and implementing successful compensation and benefits programs.
  • Excellent analytical skills with the ability to interpret data and make data-driven recommendations.
  • Strong leadership and interpersonal skills, with the ability to influence and collaborate across all levels of the organization.
  • Exceptional communication skills, both verbal and written.
  • Certified Compensation Professional (CCP) or Certified Benefits Professional (CBP) designation preferred.
  • Proficiency in HRIS systems and Microsoft Office Suite.

What We Offer:

  • 401(k) with company match
  • Tuition reimbursement
  • Medical/Dental/Vision/Pet Insurance
  • Health & Wellness programs
  • Generous time off for vacations

About Us:

At Best Formulations, we are a diversified nutraceutical company that is committed to providing high-quality products and exceptional customer service. We are a trusted partner to our customers, and we are recognized as a leader in plant-based softgel innovation. We are seeking a highly skilled Senior Compensation and Benefits Manager to join our team and help us achieve our goals.



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