Senior Compensation & Benefits Consultant, PRN

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 Business or a related field required. Advanced degree desirable.

Minimum Work Experience
5 years related Compensation & Benefits experience.

Functional Accountabilities Compensation and Benefits Consulting & Analysis

• Advise, counsel and educate management and HR staff with regard to 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 and 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).

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 set up when the project involves usage of compensation and benefit administration systems.
• Prepare compensation analysis and recommendations for the 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 compensation and benefit program communication and training activities for projects and initiatives.

Compensation and Benefits Tools & Resource Administration

• Serve as the CNMC administrator for compensation and benefits systems with regards to 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.

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.
• Compile reports and scorecards based on needs from organizational management and HR leadership.

Federal Compliance (ERISA)

• File annual compliance reports (i.e. Form 5500s, FMLA, SARs).
• Maintain a working knowledge of regulatory matters and 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 are timely.
• Work with third-party vendors to design, distribute and maintain timely compliant employee communication.

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…