Compensation Benefits Specialist

Description

• Ensures compliance with regulatory requirements related to benefits programs with a specific focus on United States and Canada.
• Analyzes compensation data to identify trends, outliers, and opportunities for improvement.
• Conducts benefits sessions for People & Culture teams in the business and provides ongoing education to ensure full understanding of the benefits offering, so that they can cascade to their teams.
• Collaborates with benefits providers and vendors to ensure seamless delivery of services and resolve escalated issues related to benefits administration.
• Works with our benefits consultants to manage contracts with benefits providers to ensure cost-effective and high-quality services.
• Analysis and Data Management: Conducts comprehensive analysis and modelling of compensation structures, ensuring competitiveness and alignment with industry standards across multiple regions.
• Collaborates with Director and VP, People & Culture on Global Benefits Strategy and plan.
• Benefits Administration: Oversees the administration and reporting of employee benefits programs, including health insurance, dental and vision plans, retirement plans, disability plans and other employee perks.
• Generates reports and analyze data to identify trends in compensation and benefits, and make data-driven recommendations for program improvements.
• Supports the business with benefits communications plans and materials.
• Communicates effectively to the business units regarding benefits options, changes, and enrollment procedures.
• Manage RFP process from market where needed
• Open Enrollment and Benefit Changes Oversees the open enrollment and benefits processes, including communication, system updates including file feeds, possible training to employees and support for the People & Culture teams.
• Ensures data integrity through audits of compensation and benefits records in our HRIS (Ceridian Dayforce).
• Vendor Management: Collaborates with our benefits consultants on the management of our plans, and in market analysis and determining trends.
• Governance & Change Stays updated on changes in global benefits laws and regulations with a focus on the United States and Canada. Ensures compliance with government regulations.
• Ensures embedding of changes in the business and constant open feedback channels.
• Project manages and acts as a key stakeholder for Benefits related projects.
• Analyzes and recommends changes to benefits offerings based on feedback and market trends.
• Generates regular and ad-hoc reports for management, providing insights into benefits and compensation-related metrics.
• Aligns business units by making recommendations on the harmonization and standardization and improvements of benefits plans across markets - to include retirement, medical, insurance and leave entitlements.
• Participates in and leads salary surveys to gather market intelligence and benchmark the organization's compensation packages against industry peers globally.
• Supports the benefits stream for all Mergers and Acquisitions to include integration.

Requirements

• Strong analytical skills and attention to detail.
• 5+ years of experience in compensation including experience in benefits administration, preferably in a multi-country setting.
• Preferred experience with compensation surveys and benchmarking.
• A bachelor's degree in Human Resources, Actuarial Science, Business Administration or related education is required
• Ability to work collaboratively across diverse teams and cultures.
• Strong proficiency in excel and data analysis and reporting tools.
• Comfortable working in a fast-paced, dynamic environment.
• Preferred knowledge of job evaluation methodologies and grading systems, specifically WTW methodology.
• Ability to work collaboratively with internal teams, external vendors, and employees.
• Ability to communicate effectively with senior-level colleagues across regions.
• In-depth knowledge of benefits regulations and compliance requirements in the United States and Canada.

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance