Compensation and Benefits Managers Compensation and benefits managers plan, develop, and oversee programs to compensate employees.
Compensation & Benefits Manager Job Description Template
Our company is looking for a Compensation & Benefits Manager to join our team.
Responsibilities:
- Manage ongoing and future integration and harmonization projects relating to benefits plans in the region;
- Coordinate with the HR Services team on benefit policy changes within the region to ensure effective and efficient administration;
- Deliver benefit plans that aligns to Lonza’s total reward philosophy, delivers on a great employee experience, and enable continued scalability;
- Assist running all Compensation and Benefits programs, plans, processes and infrastructure for the region;
- Manage regional participation in the multinational pooling program;
- Participate in compensation surveys, ensuring appropriate jobs are mapped to proper external roles;
- Partner with the broker and counsel to ensure compliance with state and federal regulations including ACA, HIPAA, COBRA, DOL and ERISA;
- Redesigining compensation plans;
- Acting as the point of contact for any compensation or benefits questions;
- Conduct ad-hoc and comprehensive job studies;
- Manage the equity-based compensation program, administering documentation, amounts and compliance related items;
- Benefits administration;
- Managing benefits open enrollment;
- Managing the year end compensation cycle for the NYC office;
- Assist with design of new compensation programs.
Requirements:
- Bachelor’s degree or equivalent experience. Preferred area of study: Human Resources, Business Administration, Economics, Finance / Accounting;
- Ability to work effectively at both strategic and operational levels;
- Ability to multi-task, quickly assess and resolve issues, while translating complex information into concise and understandable terms;
- Demonstrated ability to manage others directly and/or indirectly, while fostering a team-oriented environment;
- Strong attention to detail, accuracy and organization;
- Bachelor’s degree in business or a related discipline required;
- Must be 21 years of age or older to apply;
- Proven experience in providing highest levels of client service internally or externally;
- Go-getter with ideas and the follow-through to accomplish them from start to finish;
- Microsoft office knowledge (Excel, Word, Power Point);
- 5 years of progressive benefits experience;
- Previous success in developing and/or standardizing processes, with a focus on the client experience;
- HRIS experience (preferably Ultipro or Ceridian Dayforce);
- Union Knowledge preferred;
- 2 years of compensation experience.