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in Wilmington, MA
Benefits Analyst
•30 days ago
Hours | Full-time, Part-time |
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Location | Wilmington, MA Wilmington, Massachusetts |
About this job
We seek an experienced Compensation & Benefits Analyst to maintain the company compensation and benefits programs and builds strong relationships with vendors and employees as a valued and trusted source of information. The focus will be on delivering outstanding customer service to all employees; implementing best practices and continually improving processes; maintaining market competitiveness, and adhering to compliance requirements and labor laws.
Compensation:
- Develop and/or participate in compensation surveys to analyze companys competitive position; prepare reports on findings; make recommendations; and handle administrative steps to formalize decisions
- Develop and document procedures to streamline processes and ensure compliance with established guidelines and regulatory compliance; coordinate with HR/OD team to educate managers
- Develop and maintain compensation policies, which ensure compliance with federal and state compensation laws
- Audit existing and future positions and categorize them by either importance to the organization or level of responsibility, determining FLSA exemptions and preparing job descriptions
- Assist in creation of formal job catalogue and career matrix
Benefits:
- Provide guidance to employees on all benefits related issues, including health, dental, and life insurance, retirement plan, and other health and welfare benefits
- Act as a liaison between vendors and employees for benefits issues & questions
- Coordinate leaves of absence FMLA, Short & Long Term Disability
- Participate and offer guidance in the development of new or enhanced benefit plans/programs
- Completes reports by collecting and analyzing benefits data; ensuring marketing competitiveness
- Coordinate benefit plan renewal process with annual open enrollment activities, including creation of communication/education plan, author benefits materials, and review communications
- Conduct and/or assist with routine benefits audits
- Participate and facilitate Retirement Plan Committeemeetings to monitor fund performance and institute changes and provide employeeeducation and counselling
- Establish and monitor budgets. provide leaders with understanding of benefit
costs and trends. - Maintain knowledge on federal and state regulations governing retirement and health and welfare plans.
- Deliver public presentations as necessary relating to benefits education, open enrollment, new hire orientation, etc.