Compensation and Benefits Manager

About the position

Lead and oversee the development, implementation, and administration of base compensation, and benefits programs, policies, and procedures. Manage compensation and benefits functions to ensure programs remain competitive and comply with federal, state, local and government reporting regulations. Relies upon experience in all areas of compensation and benefits to address organizational needs, and act decisively in order to accomplish goals while minimizing exposure to risk for the Bank. Conducts annual market survey analysis and recommends changes to salary grades and ranges as appropriate. Works with Sr. Leadership in the design, implementation and execution of the annual merit process, merit budget and merit distribution analysis. Oversees payroll department.

Responsibilities

• Identifies and ensures legal requirements and government reporting related to benefits are in compliance with federal and state agencies and banking regulations to minimize the risk for the department.
• Oversees salary administration to comply with the current legislation (FLSA, EPA, minimum wage, etc.) ensuring all wage and hour provisions are met and internal and external pay equity is reviewed and analyzed on a regular basis.
• Analyze, modify and support compensation and benefits policies to establish competitive programs and provide continued employee and management training.
• Performs Compensation and Benefits structural analysis to ensure market competitiveness, cost effectiveness and program design are providing a high value to the Heartland Bank and Trust employees.
• Oversee the management of employee benefits administration between employees and our benefits providers.
• Maintain the employee benefits module within the HRIS system.
• Work with insurance broker to analyze monthly reports, trends and coordinate team discussions related to annual renewal for open enrollment.
• Supervises the review and submission of monthly invoices in a timely manner.
• Manages and provides guidance regarding ADA and FMLA compliance and other leave administration.
• Serve as a resource to management and employees.
• Apply superior decision-making techniques in the creation and development of compensation strategies to include salary structure, market evaluations, range and grade development, merit administration and equity analysis and the implementation and maintenance of the compensation HRIS module.
• Oversees payroll department.

Requirements

• Experience with HCM Applications strongly preferred.
• ADP experience preferred.
• Experience administering compensation management software and systems to include merit, budgeting, market analysis, and survey tools and instruments.
• Bachelors degree in business preferred and minimum of 6 years' experience in HR Compensation or equivalent combination of education and experience.
• CCP or working towards - Certified Compensation Professional Certification.
• HR Certification upon hire preferred.