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Compensation & Benefits Analyst

Job Summary

As our Compensation & Benefits Analyst you will perform a variety of tactical, analytical and administrative duties related to the management and coordination of our compensation and benefits programs. This individual will be responsible for supporting and implementing compensation and benefits processes and programs that help us be competitive and aligned to our compensation strategy.

This role is an integral part of our HR team and reports to the Sr. Manager of Human Resources. The ideal candidate will be a self-motivated team player with good analytic skills, attention to detail, and interest in using their compensation and benefits skills to meaningfully impact our business objectives.

Responsibilities:

Compensation Functions:

  • Partner with management to conduct job evaluations and make recommendations for appropriate salary grades using salary survey and internal data. Determine appropriate FLSA status. Prepare and maintain documentation of validity of evaluation. Partner with leaders on restructures/re organizations by providing recommendations and conducting job analysis when needed.
  • Recommend policies, procedures, and processes for the maintenance of equitable salary structures. Maintains an on-going effort to ensure competitiveness, cost effectiveness, and equity of pay programs.
  • Interface with managers to evaluate individual compensation. Assist with educating and advising managers on compensation administration and planning processes. Contribute ideas to improving HR programs and processes.
  • Align job descriptions to compensation grades, levels, ranges. Drive ongoing compensation analysis with review and audit of current job descriptions, write and/or rewrite job descriptions to align with position responsibilities and to meet FLSA requirements.
  • Manage survey participation and conduct market analysis of positions. Perform benchmark job matching across multiple survey sources. Study market compensation surveys to understand the market ranges of pay for positions and recommend adjustments accordingly. Evaluate pay trends, differentials, and make market adjustments to the compensation grades, levels, and ranges.
  • Assure company compliance with provisions of FLSA. Review and analyze changes to state and federal laws pertaining to compensation, and reports necessary or suggested changes to management.
  • Conduct research on compensation plans used in other organizations, and makes recommendations for improving effectiveness of existing programs.
  • Administration of the merit increase process and bonus payout process. Strategize communication and project plans. Create workbooks and partner with leaders in assisting with recommendations.
  • Owner of HRIS position control to include creation and maintenance of: employee classes, position classes, salary grades, creation and maintenance of new positions. Audit, set-ups and maintains job titles, job codes, structures and other HR data in HRIS.
  • Design and prepare ad hoc compensation/organization related reports to present to management
  • Work with HR/Finance Systems Analyst in development of reports. Develop, maintain and support a variety of reports or queries. Design reports to answer relevant business questions and communicate key HR metrics to stakeholders in an easy to understand dashboard format.
  • Conduct periodic data audits to ensure controls are in place. Proactively identify areas for improvement.
  • Lead systems updates/upgrades, working with vendors (if applicable) to test changes to ensure systems and processes are working as designed. 

Benefits Functions:

  • Administers benefits/wellness programs including but not limited to medical, dental, life and disability insurance, 401(k) and other ancillary benefits. Includes vendor management, annual open enrollment, invoice reconciliation, purchase order processing, and data audits.
  • Administers leave of absence management and workers compensation claims management.
  • Analyze market data to support the design, development and administration of compensation and benefit programs; provide analytics to support various compensation projects.
  • Assists in ensuring company compliance with HIPAA and provisions of the Affordable Care Act (ACA) via research, reporting, auditing, and collaborating with internal/external department and supplier contacts
  • Responsible for annual non-discrimination testing and 5500 filing.
  • Establishes and maintains effective relationships with benefits brokers, vendors, and consultants; ensures that the administration of plans is working effectively.
  • Provides information to employees and managers on all benefit-related questions; resolves and escalates appropriately all employee benefit issues/problems.
  • Assists with the preparation of employee benefits booklets and other employee benefit communications; attends meetings/calls as relates to benefit/wellness duties.
  • Develops communication tools to enhance understanding of the company’s compensation & benefit programs
  • Document compensation and benefits administrative processes as needed
  • Partners with HRIS team to maintain, audit and update employee total reward data
  • Participates in other HR initiatives, projects, and programs as needed as an overall HR utility player.

Minimum Requirements:

  • Minimum 5 years’ experience of compensation and benefits work in a fast-paced environment.
  • Intermediate/Advanced Excel skills is required including look-up tables, pivot tables and graphs.
  • MS Office Suite
  • Familiarity with Radford surveys preferred
  • Ceridian experience preferred.
  • Solid understanding of the need for confidentiality in maintaining integrity internally and externally with HR data
  • Very detail oriented, with a high level of accuracy and the ability to detect inconsistencies in data
  • Excellent written (able to compose and edit internal communications) and verbal communication (can work across functions and with various levels of management)

Education:

  • Bachelor’s Degree or relevant professional experience
  • SHRM-CP, PHR and/or CCP certification preferred

TMA is proud to be an Equal Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

Req# 1683

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