HR Compensation and Benefits Specialist

5 - 9 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

The HR Compensation and Benefits Specialist (US) position, based in the US, is a full-time role that reports to the Vice President, Human Resources. In this role, you will be responsible for managing and administering the compensation and benefits programs for Knack RCM's US employee base. Your primary focus will be ensuring internal equity, external competitiveness, and compliance with relevant laws and regulations. It is essential that you analyze compensation data, evaluate job roles, and actively participate in maintaining competitive and equitable total rewards strategies. Your key responsibilities will include administering, evaluating, and optimizing various compensation structures across all domestic subsidiaries to align with market trends and organizational objectives. You will conduct job evaluations and salary benchmarking using market survey tools and compensation databases. Additionally, you will support the annual compensation planning cycle, administer benefits programs, and act as a liaison between employees and benefit providers to address issues and offer guidance. It is crucial to ensure compliance with federal, state, and local laws related to compensation and benefits, such as FLSA, ACA, ERISA, and COBRA. You will also be responsible for preparing compensation and benefits reports and dashboards, supporting open enrollment, benefit communication, and training initiatives, as well as assisting in the development and communication of total rewards strategies and materials. To qualify for this role, you should have a Bachelor's degree in Human Resources, Business Administration, Finance, or a related field, along with at least 5 years of experience in compensation and/or benefits administration, specifically within the healthcare services sector. Strong analytical skills, attention to detail, knowledge of best practices, and regulatory requirements in compensation and benefits are essential. Proficiency in Microsoft Excel, experience with HRIS and compensation systems, as well as excellent interpersonal and communication skills are also required. Preferred qualifications for this role include professional certifications such as CCP (Certified Compensation Professional), CEBS (Certified Employee Benefit Specialist), or SHRM-CP/PHR.,

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