Description
The Senior Compensation and Benefit Consultant will provide day-to-day compensation and benefit consultation service to HR Consultants and Management on compensation issues/requests. Will lead/participate in the implementation of designated compensation and benefit programs/projects. Will manage federal compliance and other regulatory matters and assist with legal review of benefit plans for legislative compliance to include keeping abreast of new legal changes to assure all plans are maintained in compliance as well as provide timely communication to participants. Will conduct continuous internal process reviews and audits and will be responsible for the design and management of compensation and benefit programs.
Qualifications
Minimum Education
Bachelor's Degree Business or a related field required. Advanced degree is desirable. (Required)
Minimum Work Experience
5 years Related Compensation & Benefits experience. (Required)
Functional Accountabilities
Compensation and Benefits Consulting & Analysis
- Advise, counsel and educate to management and HR staff with regard to compensation related matters.
- Partner with HR Business Partners to address compensation and benefits related needs and issues.
- Administer compensation and benefits programs to ensure adherence to compensation policies, procedures and philosophy.
- Partner with recruiters in recommending hiring packages that are able to attract talents as well as ensure internal equity.
- Work with HRIS to process compensation and benefits transactions per Union contracts.
- Work with HRIS to perform data updates and audits to ensure accuracy of compensation records in the system(s).
Implementation of Compensation and Benefits Programs/Projects
- Lead/participate in implementing designated compensation and benefits programs/projects such as annual performance management and merit increases, annual incentive payout, special market adjustments, open enrollment, benefit claims and vendor management, benefit deduction and invoice processing, etc.
- Ensure accurate system and data set up when the project involves usage of compensation and benefit administration systems.
- Prepare compensation analysis and recommendations for the implementation. Stay abreast of benefits utilization and program effectiveness measures
- Monitor project progress and provide status updates to the compensation and benefits team.
- Work with the Director of Compensation & Benefits to implement compensation and benefit program communication and training activities for projects and initiatives.
Compensation and Benefits Tools & Resource Administration
- Serve as the CNMC administrator for compensation and benefits systems with regards to data updates, user assistance and vendor liaison.
- Administer updates to the compensation manual and/or benefits plan documents, including but not limited to salary ranges, hiring guidelines, compensation forms, job code tables, process documents, benefit costs, benefit plan design changes, etc.
- Compile reports and scorecards based on needs from organizational management and HR leadership.
- Maintain compensation activity log and job code action log.
Other
- Perform compensation program audits to ensure legal compliance in areas such as EEO and FLSA.
- Provide compensation support for H1-B visa requests.
- Assist the Director of Compensation & Benefits with compensation analysis for union negotiations.
- Compile reports and scorecards based on needs from organizational management and HR leadership.
Federal Compliance (ERISA)
- File annual compliance reports (i.e. Form 5500s, FMLA, SARs).
- Maintain a working knowledge of regulatory matters and ensure Benefits Department's policies, practices and procedures are compliant.
- Keep abreast of new legal changes to assure plans are compliant and communication to employees are timely.
- Work with third-party vendors to design, distribute and maintain timely compliant employee communication.
Key Strategic Initiatives and Special Benefits Projects
- Plan and coordinate the implementation of key strategic initiatives and special benefits projects.
- Work with third-party vendors to ensure timely and accurate implementation and communication of new programs.
- Implement targeted programs to support fiscal management of leave and medical benefit programs.
- Coordinate the Annual Health Fair.
Internal Communication
- Develop an effective communication strategy using multiple communication channels; promote positive communication of Benefits programs to CNMC.
- Design communication materials for Benefits programs to enhance the organization's understanding of the value of such programs.
- Design and coordinate the delivery of communication for New-Hire Orientation, Annual Open Enrollment and Seminars.
Process Improvement
- Provide ongoing process and audit reviews; serve as peer review lead to insure compliant fiscal safeguards.
Organizational Accountabilities
Organizational Commitment/Identification
- Partner in the mission and upholds the core principles of the organization
- Committed to diversity and recognizes value of cultural ethnic differences
- Demonstrate personal and professional integrity
- Maintain confidentiality at all times
Customer Service
- Anticipate and responds to customer needs; follows up until needs are met
Teamwork/Communication
- Demonstrate collaborative and respectful behavior
- Partner with all team members to achieve goals
- Receptive to others' ideas and opinions
Performance Improvement/Problem-solving
- Contribute to a positive work environment
- Demonstrate flexibility and willingness to change
- Identify opportunities to improve clinical and administrative processes
- Make appropriate decisions, using sound judgment
Cost Management/Financial Responsibility
- Use resources efficiently
- Search for less costly ways of doing things
Safety
- Speak up when team members appear to exhibit unsafe behavior or performance
- Continuously validate and verify information needed for decision making or documentation
- Stop in the face of uncertainty and takes time to resolve the situation
- Demonstrate accurate, clear and timely verbal and written communication
- Actively promote safety for patients, families, visitors and co-workers
- Attend carefully to important details - practicing Stop, Think, Act and Review in order to self-check behavior and performance
Organizational Accountabilities (Staff)
Organizational Commitment/Identification
- Anticipate and responds to customer needs; follows up until needs are met
Teamwork/Communication
- Demonstrate collaborative and respectful behavior
- Partner with all team members to achieve goals
- Receptive to others' ideas and opinions
Performance Improvement/Problem-solving
- Contribute to a positive work environment
- Demonstrate flexibility and willingness to change
- Identify opportunities to improve clinical and administrative processes
- Make appropriate decisions, using sound judgment
Cost Management/Financial Responsibility
- Use resources efficiently
- Search for less costly ways of doing things
Safety
- Speak up when team members appear to exhibit unsafe behavior or performance
- Continuously validate and verify information needed for decision making or documentation
- Stop in the face of uncertainty and takes time to resolve the situation
- Demonstrate accurate, clear and timely verbal and written communication
- Actively promote safety for patients, families, visitors and co-workers
- Attend carefully to important details - practicing Stop, Think, Act and Review in order to self-check behavior and performance
Primary Location
:
Maryland-Silver Spring
Work Locations
:
Inventa Towers
1 Inventa Place
Silver Spring
20910
Job
:
Human Resources
Organization
:
People
Position Status
:
R (Regular)
-
FT - Full-Time
Shift
:
Day
Work Schedule
:
8:30am-5:00pm EST
Job Posting
:
Oct 17, 2024, 6:10:21 PM
Full-Time Salary Range
:
79289.6
-
132163.2 |
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Nov 15, 2024