Top Compensation and Benefits Executive plans and directs compensation and benefits policies, objectives, and initiatives. Engages in high-level strategic planning of compensation and benefits programs designed to attract and retain employees. Being a Top Compensation and Benefits Executive ensures compensation and benefits programs remain within budgetary constraints and align with organizational goals. Monitors trends, provides recommendations, and suggests initiatives. Additionally, Top Compensation and Benefits Executive consults with legal and financial professionals to ensure compliant and financially sound programs. Evaluates vendors, negotiates and completes contracts. Requires a bachelor's degree. Typically reports to top management. The Top Compensation and Benefits Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Compensation and Benefits Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Best Formulations LLC., a diversified nutraceutical company headquartered in City of Industry, California, is a contract manufacturer and private labeler of thousands of branded, high quality nutritional supplements including softgels, tablets, capsules, powders, and teas.
About the role:
We are a trusted partner to our customers when it comes to innovation and have one of the strongest R&D, product formulation and technical teams in the industry. We are recognized as the leader in plant-based softgel innovation and our ability to encapsulate difficult formulas. We seek out innovation across our entire business and pass that knowledge and expertise to our customers.
As a Senior Compensation and Benefits Manager, will lead our compensation and benefits programs. The ideal candidate will have a deep understanding of compensation and benefits strategies, experience in designing and implementing competitive compensation packages, and a strong ability to analyze market trends to ensure our offerings remain attractive and competitive. This role requires strong leadership skills, excellent communication abilities, and a passion for creating impactful programs that support employee engagement and retention. This role will report to the Vice President of People Experiences.
How will you contribute:
Minimum Requirements/Qualifications:
Work Environment:
What Best Formulations can offer you:
More about us:
As a valued strategic partner, Best Formulations offers a comprehensive program of services, turnkey solutions, and client support that is unmatched in the industry. Our product development team can provide customized, proprietary formulations designed specifically to meet the needs of our customers and their method of distribution. Our vertically integrated manufacturing and packaging process allows us to schedule flexible production runs to respond quickly to shifting market demands. Every step of the way, we are committed to your growth and success!
"To develop and strengthen mutually beneficial relationships with our employees, customers, and business partners by providing the highest quality products and the Best customer service. Together We Grow!"
This position is currently classified as on-site.
Base Salary Range: $84,500 - $104,000 per year, based on candidate professional experience level. Employees are eligible to participate in Medical, Dental, Vision, Life Insurance, 401(k), Holidays, Vacation, Tuition Reimbursement Program.
The final salary offered for this position may take into account a number of factors including, but not limited to, location, skills, education, and experience.
In accordance with the CO Equal Pay Act, Colorado Applicants Are Not Permitted to Apply.
The Company reserves the right to modify, update, change and/or make corrections to this job description, at the sole discretion of senior management, at any time during the employee’s employment term, at the sole discretion of management.
EEO Statement
Best Formulations is an equal opportunity employer committed to employing a diverse workforce and providing accommodations for people with disabilities in all parts of the hiring process as required under its Employment Accommodation Policy. Best Formulations will work with applicants to meet accommodation needs that are made known to Best Formulations in advance.
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