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Total Rewards Lead Analyst
Cedar Recruitment Limited - New York, NY
posted 2 months ago
About the position
The Total Rewards Lead Analyst at Cedar plays a crucial role in supporting the organization's compensation and benefits strategy. This position ensures market competitiveness and compliance while analyzing and managing benefits programs. The analyst collaborates with senior leadership and HR to optimize total rewards offerings, driving employee engagement and performance. The role is integral to improving operational processes and aligning total rewards with business objectives.
Responsibilities
- Assist in the analysis, documentation and administration of compensation and benefits programs
- Manage compensation analytics and reporting, providing insights and recommendations to leadership
- Deliver compensation guidance by incorporating external market trends and insights into compensation recommendations that support the business, including base pay, bonuses and equity plans
- Ensure accurate data entry and integrity within the HRIS related to compensation and benefits
- Administer existing benefits programs including group medical/dental/vision insurance, Life & AD&D, HSA, COBRA, FSA, 401(k), leaves of absence, benefits compliance standards, and legislative requirements
- Answer and resolve employee benefits questions and liaise with the benefits broker on benefits issues
- Implement all aspects of the annual open enrollment process, oversee employee experience, and coordinate the continuity of care with carrier changes ensuring flawless execution
- Manage and maintain compliance related to benefits administration: 5500 reporting, NDT, ACA, SFHCSO, FLSA review of new roles, and update employee handbook and labor law postings, etc.
- Facilitate and manage bi-weekly new hire orientation and oversee the growth of the company
- Maintain a culture that adheres to Cedar's values of focusing on our vision, using good judgment, applying a growth mindset, and rejecting mediocrity
- Assist in the creation of communication materials.
Requirements
- Bachelor's degree; a minimum of 5 years of work experience in compensation and benefits
- Experience ideating, designing, implementing and managing reward related programs
- Strong written and verbal communication skills and the ability to prioritize work effectively
- Strong analytical skill set, attention to detail, and organizational skills a must
- Excellent project management skills
- Strong knowledge of labor laws, compliance, and industry standards
- Experience working with several internal partners in a cross functional capacity e.g., talent acquisition, payroll, legal, sales operations, etc.
Benefits
- Unlimited PTO for vacation, sick and mental health days
- 16 weeks paid parental leave with health benefits for all parents
- Diversity initiatives that encourage Cedarians to bring their whole selves to work
- Competitive pay, equity (for qualifying roles) and health benefits that start on the first of the month following your start date
- Cedar matches 100% of your 401(k) contributions, up to 3% of your annual compensation
- Access to hands-on mentorship, employee and management coaching, and a team discretionary budget for learning and development resources
