Compensation & Benefits Manager/Director
Job Posting for Compensation & Benefits Manager/Director at Welch Packaging Group Inc.
At Welch Packaging, we believe in building boxes, but we don't believe in putting our associates into them! Welch hires people who fit our business culture - people with integrity, a commitment to customer service and a passion for success - and we teach them the packaging business through a comprehensive individualized training and placement program. Welch looks for life-long learners committed to making a difference in the world through their work. Come grow with us!
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
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 Company’s 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 Company’s 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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Salary.com Estimation for Compensation & Benefits Manager/Director in Elkhart, IN
$57,504 to $71,939
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