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Total Rewards Analyst

Chicago, Illinois

Post Date: 05/16/2017 Job ID: 1451 Job Category: HR: Compensation

This position is responsible for applying compensation and benefits knowledge and subject matter expertise. Responsible for maintaining, planning, and coordinating all Total Rewards programs, including compensation, benefits and wellness programs, policies, and procedures.  Responsible for ensuring programs meet employee needs, comply with legal requirements, and are cost effective. Proactively ensures the compensation and benefits programs enhance the organization' s ability to attract and retain employees.

Job Responsibilities:
  • Responsible for implementing and managing all aspects of corporate compensation programs including; Partnering with other members of HR, Finance, and management to ensure jobs are priced according to market and the corporate compensation philosophy, design incentive plans including modeling and forecasting,  develop recommendations for compensation adjustments based on benchmarks and market trends, lead and manage the annual merit and bonus process, and develop and implement improvements to the merit and bonus process.
  • Implement and maintain existing and new benefits and wellness programs and related policies, including all health and welfare programs and the 401(k) retirement plan.
  • Works closely with insurance brokers and consultants on annual renewals and day to day administration of benefit plans.
  • Oversees and administers all activities for employees, including open enrollment, employee changes, and activities related to new hires and terminations.  Coordinates the communications related to employee benefits and compensation activities, including preparing and conducting presentations as requested.  Develops and implements improvements to the open enrollment and benefits administration process.
  • Works with Sr. Director HR and brokers to ensure plans remain in compliance with applicable federal and state and to complete annual 5500 filings, audits, etc. 
  • Partner with Sr. Director HR on global compensation projects.  Investigates and provides recommendations on new compensation programs in different areas of the world where the company operates.  Conducts market-pricing of global positions.
  • Partners with Sr. Director HR on investigation of ancillary health and welfare benefits packages and retirement programs in various countries.
  • Maintains records of cost of benefits and compiles data for cost analysis.  Reconciles and processes all benefits related invoices, as well as ensures the tracking of disability payments.
  • Assists managers and employees with inquiries related to compensation and benefits.
  • Participates in benefits and compensation surveys.  Researches and analyzes published surveys to gather data on positions and determine company' s competitive position.
  • Participation on and coordination of the activities of the company’ s 401(k), Benefits, and Wellness Committees.
  • Responsible for day to day oversight of workers’ compensation program including communication with broker, insurer, and claimants, claims review and management, return to work programs, OSHA reporting, and participation on the company Safety Committee.
  • Responsible for leave of absence administration including vacation and sick/personal day policies, FMLA, STD, LTD, military leave, etc.
  • Partner with the HRIS & Compliance Specialist, as appropriate, regarding Benefits needs related to the HRIS system.  
  • Complete other responsibilities, as assigned.


Qualifications/Requirements:
  • 3 - 5 years of professional compensation experience
  • Bachelor’ s degree in human resources, business administration or accounting or equivalent work experience.  CCP/CBP/CEBS/PHR a plus.
  • Experience in administering benefits programs and current knowledge of applicable federal, state and local labor laws preferred.
  • Experience in a manufacturing environment a plus.
  • Intermediate to advanced Microsoft Office skills (Word, Excel, PowerPoint)

Julie Monti
Senior Recruiter

Julie brings nearly 20 years of experience to her role as Senior Recruiter for The Steely Group. Throughout her career, she has built lasting relationships and strong partnerships while helping companies build successful teams. Julie is known for her sharp wit, easy smile, sense of humor and genuine interest in people.
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