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Compensation/Benefits Manager

Newark, NJ

POSITION SUMMARY

  • Designs, implements, communicates and executes the Compensation and Benefits strategy for company by partnering with Senior Management, Mid-Managers, Human Resources Business Partners and Employees
  • Supports internal and external customers through a Center of Excellence Model.
  • Provides both strategic and tactical solutions for Compensation and Benefits Programs.
  • Strong communication and relationship management skills desired to balance the needs of the client with those of corporate control and organization-wide consistency.
  • Strong analytical and project management skills required.

PRINCIPAL ACCOUNTABILITIES:

  • Responsible for day to day Compensation and Benefits process improvement
  • Administers and improves Merit Pay and Incentive-Based Pay Programs
  • Leads the performance management process including annual employee appraisal program
  • Researches and assesses the market competitiveness of existing pay structures, incentive and reward programs and employee benefit programs
  • Leads the company’s promotion process
  • Researches and creates innovative reward and recognition programs
  • Responsible for improving benefits communication to include the distribution of annual benefits statements
  • Develops compensation and benefits policies and best practice guidelines
  • Prepares, collects and organizes data for benefit plan audits
  • Establishes, negotiates and maintains contracts with vendors as it relates to benefits administration and consulting
  • Ensures compliance with ERISA, HIPPA, COBRA, and SPD’s
  • Leads the company’s annual open enrollment process
  • Periodically audits Compensation and Benefits Program to determine program and practice effectiveness
  • Designs and implements new Employee Benefit Programs


PERSONNEL ACCOUNTABILITY:

No. of Direct Reporting Positions

1 - Comp & Benefits Asst. Mgr No. of Total Reporting Positions:

1 - Comp & Benefits Asst. Mgr

POSITION SPECIFICATIONS:

  • Bachelors - Human Resources Mgmt, Business Administration, Marketing or Related Field
  • Masters or MBA Preferred
  • 7-9 Years of Experience-Minimum

Candidate Must Have :

  • Manufacturing Company Experience

<!--- OFCCP Information goes here ---> <!--- Screening Form Information goes here --->

Base Salary: $100,000.00 - $120,000.00

Bonus : 5%  

Specific Relocation Details : To be discussed

Travel: up to 10%

Candidate Citizenship / Residency Requirement : US Citizen or Permanent Resident

Tags: compensation and benefits, Human Resources, Manufacturing

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