About the Opportunity
Our client is a well-established and long-standing Financial Services firm that is looking for a Compensation and Benefits Leader. They are currently operating with a hybrid schedule. The position will assist employees with benefits enrollment and questions, manage all insurance billing, maintain benefits database and files, payroll administration, wellness programs, employee morale programs, and other special projects. This is a great role for someone looking to enter a firm with collaborative environment and a global presence.
The annual base salary range is $95,000 to $150,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.
Job Responsibilities
- Analyze and structure competitive pay practices for the company’s global salary structures, incentive targets, and equity guidelines, keeping in mind business conditions, legal requirements, and industry best practices
- Conduct cost modeling and employee impact analysis for proposed new programs or program changes
- Assist with annual renewal for benefit plans including plan design, vendor due diligence, quote negotiation and management approval
- Assist with third-party vendor management including annual review, financial statement review, risk assessment, due diligence, SOC report review
- Conduct benefits orientations (e.g. new hire, open enrollment) and training sessions
- Participate in and analyze salary surveys and other available competitor information sources to ensure a competitive compensation structure
- Review and record HR/Payroll/Benefits data into HRIS system, including new hire and termination and all the changes in between
- Provide compensation and benefits support for cross-functional HR projects, such as M&A activity and HR systems implementations
Job Requirements
- 5+ years of compensation/benefits experience
- Must have benefits experience
- Must have a good understanding of broad-based compensation and benefits programs (base/bonus/equity), pay for performance, benchmarking/market data, and job evaluation
- Analytical mindset and ability to manage large, complex data sets
- Bachelor’s degree
- Mandarin Fluency is a plus
