Position Summary:
As a member of the People Resources Team, this position is
responsible for developing and implementing a Total Rewards strategy to drive
overall talent attraction and retention strategies for the Company. Responsible
for analyzing compensation data within an organization and evaluating job
positions to determine classification and salary. Administers employee
insurance plans and works with insurance brokers and plan carriers.
Essential Functions and
Responsibilities:
Leadership and Strategy –
- Act as
subject matter expert for compensation and benefits best practices and
market competitiveness. Develop a Total Rewards program in support of
Company goals and objectives.
- Partner
with internal clients and managers to ensure coordination and proactive
consideration of issues related to compensation and benefits.
- Conduct
audits and assessments of Company compensation and benefits programs to
ensure compliance and consistency with Total Rewards strategy. Recommend
changes where required.
- Responsible
for compliance communications and training (e.g., HIPPA).
- Prepare
and deliver presentations on compensation and benefit issues for Company
leadership and employees.
- Stay
up to date on all state and federal regulations impacting benefits and
compensation matters.
Benefits –
- Monitor
and evaluate the Company’s Health and Welfare benefits programs.
Ensure benefits are current, competitive, and cost-effective in
regard to trends and practices.
- Coordinate
development of benefits materials, roll-out and manage administration of
the annual enrollment process.
- Support
the negotiation of coverage services and costs with carriers, brokers and
providers to ensure excellent service and competitive rates.
- Conduct
annual medical renewal and cost sharing strategy recommendation. Review
ancillary benefits (e.g., STD, LTD, Life, and EAP) renewals and ensure
cost competitive contracts as well as competitive coverage.
- Develop and
implement competitive Wellness programs to assist with benefit cost
containment.
- Lead all
activities required to comply with company and external benefit audits
(i.e. 401K audit, government audits, etc.).
- Respond to requests
for information and compliance activities by government entities (i.e. IRS
inquiries, State benefit plans).
Compensation –
- Support the development
of a compensation structure for all company positions and ensure
consistent updates.
- Support
Talent Acquisition in conducting compensation analysis to respond to
market competitiveness.
- In
conjunction with the Director of Talent Acquisition ensure all company
postings comply with mandatory minimum wages and compensation
requirements.
- Manage
bonus and incentive plan administration.
- Conduct
position analyses across all concepts to evaluate internal equity, market
competitiveness and compliance of the organization’s pay practices.
- Annually
evaluate the competitive market for positions in the company both
internally and externally and recommend changes as necessary to maintain
competitiveness.
- Design,
implement, and manage job classification and compensation programs.
- Support
performance management process.
- Develop
job descriptions for various positions and determine appropriate base pay.
- Manage
and advise on salary adjustment process for exempt and non-exempt.
- Conduct
benchmarking and internal compensation analyses as needed.
Education/Experience
Required-
- Bachelor’s
degree in Human Resources, Business or related discipline.
- Five
to ten years of progressively responsible experience in Compensation &
Benefits to include analysis, plan design and program administration.
- Experience
in researching and designing health and welfare benefit plan offerings and
managing third party providers.
- Experience
in ensuring compliance and cost effective of programs and policies.
- Experience
with salary surveys, benchmarking analysis and job classifications.
- Experience
with Total Rewards components; base and incentive pay, work/life benefits,
base and ancillary benefits, market pricing and pay for performance.
Preferred-
- Professional
training and certification in Compensation and/or Benefits
- Benefits and
compensation program management in the restaurant industry.
- Master’s degree.
- Bilingual – English/Spanish