Compensation & Benefits Manager
Rolling Meadows, IL Rolling Meadows, IL Full-time Full-time From $105,000 a year From $105,000 a year 10 days ago 10 days ago 10 days ago Job
Summary:
Stratus' Compensation and Benefits Manager has primary responsibility for setting and maintaining the organization's pay and benefits structure, programs, and plans.
Our Exceptional Benefits Plan includes:
Supportive & Friendly Culture Manage national accounts for Fortune 500 companies Medical, Dental, Vision cover age options Flexible Spending & Health Savings Accounts Wellness Screenings Life Insurance 401k with Employer Contribution Short/Long Term Disability Generous Paid Time Off program Career Growth Opportunities and Career Mapping Additional perks including Pet Insurance, Employee Assistance Program, Educational Assistance Program (Non-Union employees), and Various employee discount offerings from our Vendors
Summary:
Stratus is one of the nation's largest brand implementation companies.
We are made up of 1,100
employees nationwide who roll up their sleeves, dive into the details and bring our clients' brands to life! We deliver versatile solutions for some of the nation's largest and most recognized brands.
From signage to site refresh & remodel, from energy & lighting to repair & maintenance solutions, we deliver ideal solutions to meet all our client's branding needs.
Responsibilities:
This list includes major responsibilities.
Other duties may be assigned by the SVP of HR.
Major
Responsibilities:
Partner with the organization and SVP of HR as a thought partner in compensation and benefits strategy Drive evolution of Stratus' Short Term Incentive Plan deeper into the organization.
During M&A activity, map acquired employees into Stratus job framework, validating exemption status and 1099 contractors, manage benefit transitions.
Recommend creative health benefit options that are market competitive and relevant to Stratus' employee demographic.
Evaluate and enhance Stratus Total Rewards including but not limited to health and 401(k) benefits, variable pay structure, tuition reimbursement, etc.
Routinely validate or update Stratus' job framework based on market conditions and government regulations.
Conduct thorough job analysis for new positions, including evaluation of descriptions to determine classification, title and grade.
Partner and evaluate third party benefit vendors and insurance brokers.
Oversees Annual 401(k) audit, ACA reporting and 5500 filings for 401(k) and health benefits.
Ensure all plans administration policies are compliant with the applicable provisions of COBRA, HIPAA, and ERISA.
Supervisory
Responsibilities:
Oversee Compensation & Benefits Coordinator duties Administration of Stratus' employee benefits program including health, life and disability insurance plans and wellness plans, retirement plans and leave policies.
Coordination of wage increases in accordance with Stratus policy, including but not limited to annual reviews, merits and bonuses.
Manage benefit events such as open enrollment, renewal and wellness screenings.
Coordinate benefit education meetings during open enrollment and throughout the year.
Process weekly 401(k) funding and update funding spreadsheet for audit.
Facilitate accurate and timely delivery of employer contributions and employee payroll deductions to carriers, plan administrators, or other appropriate service providers.
Audit the monthly reconciliation of benefit invoices completed by ADP.
Complete records, reporting, and other documentation required by federal, state, and provider rules, regulations, and policies.
Including but not limited to unemployment, ACA and Medicare.
Conduct Bureau of Labor Statistics/Department of Labor wage and benefit surveys Qualifications Competencies:
Business acumen Problem solving/analysis Communication proficiency Decision making Critical thinking Personal effectiveness/credibility Time management Leadership Computer literacy Customer/client focus Ethical conduct Education:
Bachelor's degree in business, human resources, psychology, or related field One of more of the following certifications, or similar, are highly preferred:
SHRM-CP, PHR, SPHR, CEBS, CCP, CBP Knowledge of current Federal, state, and local employment laws and regulations.
Experience:
5
years of relevant experience, including experience at a strategic level Proven ability to work at the strategic level as well as manage the day to day administration of a comp and benefits efforts within an organization Compensation analysis and benefits administration Variable compensation development, planning and execution Experience partnering with finance and accounting teams Merger & Acquisition experience is preferred, but not required MS Office, specifically Outlook, Word, PowerPoint, and Excel, including the use of pivot tables, formulas, and data analytics eeo/mfdv Job Type:
Full-time Pay:
From $105,000.
00 per year
Benefits:
401(k) 401(k) matching Dental insurance Employee assistance program Employee discount Flexible schedule Flexible spending account Health insurance Health savings account Life insurance Paid time off Professional development assistance Tuition reimbursement Vision insurance Schedule:
Monday to Friday Ability to commute/relocate:
Rolling Meadows, IL 60008:
Reliably commute or planning to relocate before starting work (Required) Application Question(s):
Have you completed a degree in Human Resources?
Experience:
Compensation and
Benefits:
5 years (Required) Work Location:
Hybrid remote in Rolling Meadows, IL 60008.
Estimated Salary: $20 to $28 per hour based on qualifications.
Summary:
Stratus' Compensation and Benefits Manager has primary responsibility for setting and maintaining the organization's pay and benefits structure, programs, and plans.
Our Exceptional Benefits Plan includes:
Supportive & Friendly Culture Manage national accounts for Fortune 500 companies Medical, Dental, Vision cover age options Flexible Spending & Health Savings Accounts Wellness Screenings Life Insurance 401k with Employer Contribution Short/Long Term Disability Generous Paid Time Off program Career Growth Opportunities and Career Mapping Additional perks including Pet Insurance, Employee Assistance Program, Educational Assistance Program (Non-Union employees), and Various employee discount offerings from our Vendors
Summary:
Stratus is one of the nation's largest brand implementation companies.
We are made up of 1,100
employees nationwide who roll up their sleeves, dive into the details and bring our clients' brands to life! We deliver versatile solutions for some of the nation's largest and most recognized brands.
From signage to site refresh & remodel, from energy & lighting to repair & maintenance solutions, we deliver ideal solutions to meet all our client's branding needs.
Responsibilities:
This list includes major responsibilities.
Other duties may be assigned by the SVP of HR.
Major
Responsibilities:
Partner with the organization and SVP of HR as a thought partner in compensation and benefits strategy Drive evolution of Stratus' Short Term Incentive Plan deeper into the organization.
During M&A activity, map acquired employees into Stratus job framework, validating exemption status and 1099 contractors, manage benefit transitions.
Recommend creative health benefit options that are market competitive and relevant to Stratus' employee demographic.
Evaluate and enhance Stratus Total Rewards including but not limited to health and 401(k) benefits, variable pay structure, tuition reimbursement, etc.
Routinely validate or update Stratus' job framework based on market conditions and government regulations.
Conduct thorough job analysis for new positions, including evaluation of descriptions to determine classification, title and grade.
Partner and evaluate third party benefit vendors and insurance brokers.
Oversees Annual 401(k) audit, ACA reporting and 5500 filings for 401(k) and health benefits.
Ensure all plans administration policies are compliant with the applicable provisions of COBRA, HIPAA, and ERISA.
Supervisory
Responsibilities:
Oversee Compensation & Benefits Coordinator duties Administration of Stratus' employee benefits program including health, life and disability insurance plans and wellness plans, retirement plans and leave policies.
Coordination of wage increases in accordance with Stratus policy, including but not limited to annual reviews, merits and bonuses.
Manage benefit events such as open enrollment, renewal and wellness screenings.
Coordinate benefit education meetings during open enrollment and throughout the year.
Process weekly 401(k) funding and update funding spreadsheet for audit.
Facilitate accurate and timely delivery of employer contributions and employee payroll deductions to carriers, plan administrators, or other appropriate service providers.
Audit the monthly reconciliation of benefit invoices completed by ADP.
Complete records, reporting, and other documentation required by federal, state, and provider rules, regulations, and policies.
Including but not limited to unemployment, ACA and Medicare.
Conduct Bureau of Labor Statistics/Department of Labor wage and benefit surveys Qualifications Competencies:
Business acumen Problem solving/analysis Communication proficiency Decision making Critical thinking Personal effectiveness/credibility Time management Leadership Computer literacy Customer/client focus Ethical conduct Education:
Bachelor's degree in business, human resources, psychology, or related field One of more of the following certifications, or similar, are highly preferred:
SHRM-CP, PHR, SPHR, CEBS, CCP, CBP Knowledge of current Federal, state, and local employment laws and regulations.
Experience:
5
years of relevant experience, including experience at a strategic level Proven ability to work at the strategic level as well as manage the day to day administration of a comp and benefits efforts within an organization Compensation analysis and benefits administration Variable compensation development, planning and execution Experience partnering with finance and accounting teams Merger & Acquisition experience is preferred, but not required MS Office, specifically Outlook, Word, PowerPoint, and Excel, including the use of pivot tables, formulas, and data analytics eeo/mfdv Job Type:
Full-time Pay:
From $105,000.
00 per year
Benefits:
401(k) 401(k) matching Dental insurance Employee assistance program Employee discount Flexible schedule Flexible spending account Health insurance Health savings account Life insurance Paid time off Professional development assistance Tuition reimbursement Vision insurance Schedule:
Monday to Friday Ability to commute/relocate:
Rolling Meadows, IL 60008:
Reliably commute or planning to relocate before starting work (Required) Application Question(s):
Have you completed a degree in Human Resources?
Experience:
Compensation and
Benefits:
5 years (Required) Work Location:
Hybrid remote in Rolling Meadows, IL 60008.
Estimated Salary: $20 to $28 per hour based on qualifications.
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