- Compensation Analysis:
- Conduct market research and benchmarking to ensure our compensation packages remain competitive in the region-specific markets.
- Analyze salary survey data and industry trends to make informed recommendations for salary structures, pay grades, and bonus programs.
- Develop and manage the annual compensation review process, including merit increases and bonuses.
- Administer the job evaluation process to maintain internal equity and ensure fair pay practices.
- Model bonus and incentive programs to drive desired behaviors.
- Collaborate with HR Business Partners to review and approve salary adjustments, promotions, and other compensation-related changes.
- Benefits Administration:
- Administer and manage global benefits programs, including health, retirement, and other fringe benefits.
- Ensure compliance with local regulations and work closely with benefits providers to optimize offerings.
- Administer employee benefits programs, including health, dental, vision, retirement plans, and other perks.
- Coordinate open enrollment processes, communicate changes, and assist employees with benefit-related inquiries and issues.
- Evaluate and recommend improvements to existing benefits programs to enhance employee satisfaction and retention.
- Data Analysis and Reporting:
- Maintain accurate and up-to-date records of compensation and benefits data.
- Build compensation models in Excel and administer compensation programs.
- Analyze and interpret data related to compensation and benefits to identify trends, areas for improvement, and cost-saving opportunities.
- Generate regular reports and ad-hoc analyses to support HR and business leaders in decision-making.
- Compliance and Governance:
- Stay up-to-date with relevant labor laws, regulations, and market practices to ensure all compensation and benefits programs remain compliant.
- Assist in the development and implementation of global compensation and benefits policies and procedures.
- Communication and Training:
- Develop and deliver effective communication materials to educate employees about compensation and benefits offerings
- Conduct training sessions or workshops for employees regarding their benefits options and resources.
- Provide training and resources to HR and management on compensation and benefits-related matters.
- Collaboration and Stakeholder Management:
- Work closely with cross-functional teams, including HR, Finance, Legal, and IT, to ensure seamless execution of compensation and benefits programs.
- Collaborate with external vendors and consultants as needed.
- Education: Bachelors degree in Human Resources, Business Administration, Finance, or related field required. Masters degree or relevant certifications (e.g., CCP, CBP) preferred.
- Experience: 5+ years of progressive experience in global compensation, benefits, and HR systems and experience in data analysis within an HR context is required.
- Skills:
- Strong analytical skills with proficiency in financial modeling and data analysis tools.
- Excellent leadership and team management abilities.
- Exceptional communication and interpersonal skills to collaborate effectively across all organizational levels.
- Technology Skills: Advanced proficiency in Microsoft Excel and HRIS systems like ADP Workforce Now or similar.
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Manager Total Rewards - Plano, United States - Luminator Technology Group
Description
Luminator is seeking to fill our full-timeTotal Rewards Manager role to join our growing and dynamic Human Resources team where you will be an integral part of the team by providing valuable input as we work toward assessing and implementing goals and mission of the department and Luminator.
The Manager of Total Rewards is responsible for overseeing the compensation and benefits program for the organization, globally. This role is crucial in designing, implementing, and managing total rewards programs that attract, retain, and motivate top talent while ensuring compliance with legal and regulatory requirements.
Why Work at Luminator?
Luminator possesses great company culture We offer a competitive total compensation package, including annual incentives. We offer a generous time off plan, plus 8 paid company holidays, and 2 floating holidays. Luminator offers a wide range of benefits, including healthcare, dental, vision, and 401k options as well as granting all time off on your first day In this role, you'll be part of a team that is building an inclusive and diverse culture of excellence This role will be integral in setting the tone and culture at Luminator.
ESSENTIAL FUNCTIONS:
To perform this job successfully, an individual must be able to perform the essential duties satisfactorily. Reasonable accommodation is available to qualified individuals with disabilities in performing the essential functions.
POSITION QUALIFICATIONS:
