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HR Specialist - Benefits and Compensation

Asembia

HR Specialist - Benefits and Compensation

Florham Park, NJ
Paid
  • Responsibilities

    Job Description

    POSITION DESCRIPTION The Compensation and Benefits Specialist fills a key role in managing compensation and benefits programs designed to attract top talent and retain valued employees. This position is responsible for compensation benchmarking and analysis, merit and performance review process, benefits programs and enrollment, leave administration, policy renewals, total rewards, and employee wellness initiatives.

    TEAMWORK RESPONSIBILITIES Works effectively with employees at all levels of the organization. Familiar with standard concepts, practices and procedures within field. Consistently and effectively applies knowledge and expertise to perform complex assignments independently and with proficiency. Executes responsibilities professionally and in accordance with the organization’s policies and in compliance with applicable federal and state laws and regulations. Works under general supervision. Some degree of creativity and latitude is required.

    RESPONSIBILITIES Benefits Administration·

    • Collaborate with vendors, benefits carriers and consultants for the implementation and/or management of health care benefits, disability programs, life insurance, Employee Retirement Savings Plan (ERSP), wellness programs and other benefits·
    • Manage benefit plan renewal and open enrollment ensuring timely and accurate benefit plan renewal, enrollment and administration in accordance with plan documents, as well as laws and regulations, while providing exceptional service to employees·
    • Responsible for leave of absence administration, reporting and tracking; track and manage all leaves of absence and related functions including FMLA/CRFA, disability accommodation requests, personal leaves, short-and long-term disability, etc.; coordinate with employees, supervisors, and carrier(s) to ensure timely communication and administration; manage process for benefit premium payments for employees on leave·
    • Report employee injuries to workers’ compensation carrier timely and coordinate work status updates and employee communication throughout the life of claim(s); advise regarding work restrictions and return to work statuses·
    • Conduct employee benefit workshops and new hire orientation; educate all levels of employees regarding benefits to assure employee knowledge to assist them in making appropriate choices; monitor benefit utilization and ensure quick and courteous service·
    • Process and audit benefit changes timely and accurately; regularly audit benefit deductions in HRIS system for accuracy·
    • Spearhead employee wellness initiatives including coordination of employee wellness events, vendor participation and employee communications·
    • Work with partner vendors, carriers and consultants to assure compliance including COBRA, 5500reports, ACA compliance, etc.·
    • Maintain summary plan description records and associated forms, documents and communications; manage required filings, reports and audits related to the administration of employee benefit programs·
    • Document and maintain administrative procedures for benefits processes·
    • Develop benefit reporting, including enrollment statistics, cost and claim analysis and trend data in coordination with the benefits broker; recommend appropriate actions based on analysis and interpretation of data; develop proposals for process improvements

    Compensation Administration

    • Effectively manage the merit and performance review processes
    • Conduct salary and labor market research to define benchmarks; review compensation programs and make recommendations for compensation and benchmarking to ensure market competitiveness to attract and retain talent
    • Monitor and research compensation trends and make appropriate recommendations
    • Ensure costs associated with compensation are in line with our organization’s objectives, culture, and philosophy
    • Ensure compensation changes are executed accurately and timely
    • Develop and update job descriptions including determining position classifications; make recommendations to managers regarding job descriptions, job classifications, and compensation
    • Conduct periodic audits, prepare and present reports and recommendations based on research and analysis; document and maintain administrative procedures for compensation processes
    • Work with broker to ensure compensation and benefit plans are compliant with laws and regulations
  • Qualifications

    Qualifications

    QUALIFICATIONS

    • Education: Bachelor’s degree in business administration, finance, human resources, or similar relevant field from an accredited four-year college or university·
    • Experience: Minimum of five (5) years compensation, benefits, and leave administration including FMLA, CFRA and disability leave experience required. Experience with ADP HRIS preferred; PHR,SPHR, SHRM-CP, or CEBS certification preferred; General knowledge of U.S. states employment laws and practices preferred·
    • Language: Ability to read, analyze and interpret complex benefit plan documentation; Ability to effectively analyze and present information and respond to questions from all levels of staff, including senior leadership, as well as external vendors·
    • Reasoning: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists; Ability to interpret instructions furnished in written, oral, diagram or schedule form; Relies on extensive experience and judgment to plan and accomplish goals·
    • Math: Analytically inclined; Ability to calculate figures and amounts such as discounts, interest, proportions, percentages; Ability to apply concepts of basic algebra·
    • Computer: Proficiency in Microsoft Office products including Excel, Word and PowerPoint; Ability to quickly master applicable vendor software applications including ADP HRIS

    Additional Information

    Asembia is committed to Equal Employment Opportunity (EEO) and to compliance with all Federal, State and local laws that prohibit employment discrimination on the basis of race, color, age, natural origin, ethnicity, religion, gender, pregnancy, marital status, sexual orientation, gender identity and expression, citizenship, genetic disposition, disability or veteran's status or any other classification protected by State/Federal laws.

  • Industry
    Manufacturing