Compensation and Benefits Manager manages the design, implementation, administration, communication, and ongoing evaluation of the organization's compensation and benefits programs, policies, and procedures. Ensures that compensation and benefits programs support the organization's business objectives and meet all legal requirements. Being a Compensation and Benefits Manager develops and manages compensation and benefits budgets. Oversees compensation processes, including survey participation, job evaluation, salary structure development, base pay administration, incentive plan design and analysis. Additionally, Compensation and Benefits Manager manages benefits planning and programs including health and welfare, retirement, and work life. May select and manage outsourced providers. Requires a bachelor's degree. Typically reports to a head of a unit/department. The Compensation and Benefits Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Compensation and Benefits Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Benefits Manager
SPHS-Human Resources
The Benefits Manager will be:
The Manager of Benefits is a key leader responsible for the design, implementation, communication, and administration of all benefits programs. The Manager will leverage the in-depth knowledge of both best in class & best practices to innovate our benefit offerings and will ensure that they are aligned with Saint Peter's Mission, Vision, and Values, and advance the goals and objectives of the health system.
• Responsible for managing and administering the Saint Peter’s benefit programs, developing program provisions that align with Saint Peter’s values, and creating and delivering benefit communications.
• Deliver thoughtful recommendations supported by analysis to progress the evolution of our programs.
• Ensure compliance with all legal requirements, laws, and regulations by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
• Manage and maintain company benefits site and benefit documents including all employee communications and legal documents.
• Manage policies and procedures as necessary to ensure company compliance and drive clear and concise education of the benefits and programs.
• Lead annual open enrollment process including vendor coordination and the communication strategy.
• Responsible for vendor management including day-to-day oversight, regular status calls, and process improvement initiatives, and will coordinate and communicate with insurance carriers on coverage-related issues.
• Resolve employee questions and problems by interpreting benefit policies and procedures and train and coach team members to ensure accuracy in benefits delivery and regulatory compliance.
• Establish and maintain collaborative relationships with key benefit stakeholders across the organization (e.g. payroll, finance, legal, HR, marketing & communications) to support benefits administration and ensure efficient plan communication, administration, and excellent customer service to employees.
• Assist with various research projects and/or special projects; and other duties as assigned.
Requirements:
• Bachelor's Degree in a related field
• Five (5) years of experience in administering benefit programs in a complex environment.
• Experience managing health and welfare budgets.
• Strong computer skills.
• SHRM or CEBS designations desired
• Strong interpersonal skills, including strong verbal, written, and listening skills.
• Project and team management/leadership skills and experience.
• Capable of effective planning and priority setting. Ability to manage several complex projects simultaneously while working under pressure to meet deadlines.
• Thorough knowledge of benefits plans designs and knowledge of benefits contract language.
• Knowledge of all pertinent federal and state regulations, filing and compliance requirements, both adopted and pending, affecting employee benefits programs, including but not limited to ERISA, COBRA, Social Security, and DOL requirements.
Grade 134
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