Jobs · Human Resources · New York

Compensation and Benefits Director

L+M Development Partners LLC · Larchmont, NY · 1 mo ago
HybridHuman ResourcesFull-time

Areas of Responsibility

  • Ensure compensation programs are consistently administered in compliance with federal, state, and local laws.
  • Revise, design, and implement compensation packages, bonus programs, salary structures, variable pay, and other incentive programs.
  • Manage the annual organizational salary planning process, including merit increases, promotions, equity, and job family hierarchies.
  • Partner with leaders and HR team colleagues on the management of job family hierarchies, including policies and practices related to titles, compensation level matching, and associated pay practices.
  • Oversee the participation in salary surveys, including benchmarking of internal roles and submission of data.
  • Monitor survey data to ensure corporate compensation objectives are achieved.
  • Consult with leaders and HR team on business needs and compensation challenges.
  • Review and process all promotions, job scope changes, and transfers.
  • Partner with leaders and HR team colleagues to craft offer packages that are internally equitable and externally competitive.
  • Routinely audit existing employee compensation to ensure equity and market competitiveness.
  • Deliver compelling and relevant training and communication materials which educate and inform employees on total rewards.

Benefits

  • Evaluate and develop competitive and cost-efficient benefit and wellness programs.
  • Manage annual open enrollment process, including employee communications and coordination of employee informational sessions.
  • Review and ensure that all relevant enrollments and deductions are input correctly into the HRIS and payroll system.
  • Partner with payroll manager on administration of the 401k plan.

Requirements

  • Bachelor's Degree, preferably in a related field.
  • Master’s Degree and/or Certified Compensation Professional designation strongly preferred.
  • Extensive knowledge of compensation and benefit programs with a minimum of 7-10 years of experience in analysis, design, and implementation of compensation and benefit programs.
  • Expertise in compensation strategy with a demonstrated ability to communicate, present, and influence credibly and effectively at all levels of an organization.
  • Knowledge of legislation governing benefit plans (ERISA, COBRA, HIPAA, FMLA, PPACA).
  • Advanced critical thinking, strong analytical skills, and an ability to interpret and communicate data required.
  • Financial ability to identify and implement cost-effective programs.
  • Computer proficiency and technical aptitude with the ability to use Microsoft products, including Excel.
  • Hands-on experience with HRIS or payroll software systems, Ceridian Dayforce is a plus.
  • Excellent time management skills and ability to plan and set priorities.
  • Versatility, flexibility, and a willingness to work within constantly changing priorities.
  • Strong interpersonal, written, and verbal communication skills.
  • Able to maintain confidentiality and exercise extreme discretion is a must.
  • Must be legally eligible to work in the U.S.

Similar jobs