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    Total Rewards Manager - Malvern, United States - YPrime

    YPrime
    YPrime Malvern, United States

    2 weeks ago

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    Description

    Is your career in its prime? It could be

    YPrimes Human Resources team is searching for a Total Rewards Manager. Youll be based out of our Malvern, PA office. At YPrime, the Total Rewards Manager is responsible for developing, implementing, and administering comprehensive compensation and benefits programs that attract, motivate, and retain talent within the organization. This role plays a crucial part in ensuring the companys compensation and benefit offerings are competitive, equitable, and aligned with the organizations strategic goals and budget.

    Heres what we need from you:

    • Minimum 5 years experience in compensation and benefits administration with a proven track record of success and advancement
    • Deep understanding and knowledge of compensation and benefits administration with a proven track record of success and advancement
    • Deep understanding and knowledge of compensation and benefits practices, regulations, (i.e. EEO & FLSA), and industry trends
    • Strong analytical and problem-solving skills, with the ability to interpret and analyze complex data
    • Project management skills with the ability to manage multiple priorities and deadlines
    • Proficiency in Microsoft Office suite and HRIS/payroll systems
    • Proficiency in HR information systems and data analysis tools
    • Strong attention to detail and project management skills
    • Excellent communication, interpersonal, and consultative skills

    Here are some more details about the job:

    Youll partner with business leaders, people managers, and employees across all levels to drive and support work and initiatives related to the following:

    Compensation Management:

    • Conduct Regular market analysis and benchmarking studies to ensure competitive compensation levels for all positions
    • Develop and maintain a fair and equitable compensation structure, including base salaries, incentive plans, and merit-based pay programs
    • Collaborate with the HR team and business leaders to develop and implement compensation strategies to support the organizational objectives
    • Analyze and recommend compensation adjustments based on market trends, performance, and internal equity considerations
    • Ensure compliance with all applicable laws and regulations related to compensation practices

    Benefits Management:

    • Manage the design, implementation, and administration of comprehensive employee benefits programs, including health, dental, vision, life insurance, retirement plans, and voluntary benefits
    • Evaluate and negotiate with benefit providers to secure cost-effective and competitive benefit offerings
    • Develop and implement effective communication strategies to educate employees on available benefits and promote program utilization
    • Monitor and analyze benefit plan utilization, costs, and trends to identify opportunities for optimization and cost savings
    • Ensure compliance with applicable laws and regulations related to employee benefits

    Strategic Planning & Analysis

    • Collaborate with HR Team and business leaders to develop and implement total reward strategies that support organizational goals and objectives
    • Conduct cost-benefit analyses and provide recommendations for total rewards program enhancements or modifications
    • Analyze and report on total rewards metrics, trends, and program effectiveness
    • Stay informed of industry best practices, trends, and regulatory changes related to compensation and benefits

    Project Management and Communication

    • Manage the implementation of new or revised compensation and benefits programs, ensuring smooth transitions and effective communication
    • Develop and deliver training programs to educate managers and employees on total rewards programs and policies
    • Collaborate with cross-functional teams such as Finance, Legal, and IT, to ensure the successful execution of total rewards initiatives
    • Prepare and present reports, analyses, and recommendations to senior leadership and stakeholders

    Have these things too? Even better

    • Bachelors degree in Human Resources, Business Administration, a related field, or an equivalent amount of related professional experience
    • Experience providing guidance and support to a globally dispersed workforce

    What are the YPrime Perks?

    • Generous paid time off
    • Comprehensive benefits package largely subsidized by YPrime
    • 401(k) with company match
    • Friendly, smart, passionate, and hard-working coworkers
    • Opportunities for professional growth and advancement
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