Jobs · Human Resources · Illinois

Compensation and Benefits Analyst

HuFriedyGroup · Northbrook, IL · 2 wk ago
Human ResourcesFull-time

About the role

HuFriedyGroup is a leading manufacturer of dental instruments and infection prevention products. Our 10,000-plus products, hand-crafted by highly skilled artisans, are known for their precision, performance, longevity, reliability, and quality. We provide a unique combination of world-class products, value-added services, clinical education, and dental community platforms that result in superior clinician performance and enhanced safety for dental professionals and their patients.

As a Compensation and Benefits Analyst, you will research, analyze, and contribute to the maintenance of the organization's pay structure and benefits programs. This role involves educating employees and other HR team members about compensation and benefits programs, ensuring compliance with regulations, and recommending improvements to existing programs.

Responsibilities

  • Contribute to the development and implementation of compensation and benefits strategies, including salary structures, incentive plans, and benefits programs.
  • Develop and maintain job descriptions, evaluate job classifications, and determine salary ranges.
  • Ensure data accuracy in the HRIS system and prepare reports and presentations for management.
  • Conduct market research, participate in salary surveys, and analyze and benchmark compensation data to ensure competitiveness.
  • Handle job promotions, transitions, local market analyses, and other compensation projects as assigned.
  • Administer day-to-day benefits and wellness plans, including health and welfare, retirement, leave administration, and benefits invoices.
  • Create and monitor benefits data files and exception reports, including life event changes, benefit payroll deductions, and other administrative activities.
  • Establish and maintain processes and procedures documents, and build strong relationships with benefit vendors.
  • Assist with annual programs, including incentive management, salary planning, and annual enrollment.
  • Understand all legal and compliance reporting requirements related to compensation and benefit programs.
  • Communicate with employees about their compensation and benefits plans, addressing pay and incentive issues, benefits enrollment, plan changes, and any questions they may have.
  • Research and respond to employee questions via mail and the benefits inbox.
  • Work closely with broader HR, Finance, and Payroll teams to address issues.
  • Prepare, review, and distribute routine employee and compliance communications.
  • Distribute emails to HR and associates and partner with vendors or third-party printers for mailings.
  • Assist in any other projects as requested.

Requirements

  • Bachelor’s degree and 2-3 years of relevant business experience in general HR required OR 5+ years of experience in lieu of a degree.
  • Self-starter with the ability to work independently.
  • Highly proficient in Excel, PowerPoint, and other systems.

Skills

  • Knowledge of compensation and benefits principles, including base pay, incentives, health and welfare programs, retirement, and leave administration programs and their regulations.
  • Strong analytical and problem-solving skills, with the ability to analyze and interpret data, identify trends, and make recommendations.
  • Strong attention to detail.
  • Knowledge of MS Office Suite with exceptional skills in Excel, Word, and PowerPoint.
  • Knowledge of ADP is a plus.
  • Excellent written and verbal communication skills.
  • Able to manage conflict.
  • Ability to manage multiple tasks and deadlines.

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