Compensation and Benefits Manager

Telhio Credit Union; Vancouver; On-site; CAD 97,000 - 126,000; Full time

Job summary

A credit union in Ohio is seeking a Compensation and Benefits Manager to design and manage total rewards programs. The ideal candidate will have 7-9 years of experience, strong analytical and strategic thinking skills, and a Master's degree in a relevant field. This role is pivotal in ensuring compliance and employee engagement through effective compensation strategies. The position offers a competitive salary, immediate vesting in a 401(k) plan, and various health benefits to promote a balanced work-life environment.

Benefits

Immediate vesting 401(k)

Competitive paid time off

Generous paid holidays

Employer paid insurance

Qualifications

• 7-9 years of experience in Compensation & Benefits in a large organization.
• Ability to analyze data using best practices.
• Must pass a background check.

Responsibilities

• Design and manage total rewards programs.
• Analyze compensation levels against market trends.
• Ensure compliance with Fair Labor Standards Act (FLSA) for U.S. positions.

Skills

Executive presence

Analytical skills

Strategic thinking

Leadership skills

Communication skills

Education

Master’s degree in Business, HR, or related field

Job description

At Telhio, we believe proud, valued employees create proud, valued members.

We are committed to developing a pathway of growth for our employees that provides the opportunity for a career—not just a job—where you can develop your skills and be promoted from within, whether working full or part-time!

Our mission is to serve our members' financial needs to create a stronger community. Join our team and you will not only find the pathway of growth you may be looking for, but you'll be helping to make our Ohio communities better and stronger, too.

Working for Telhio has its benefits.

• Immediate vesting eligibility with company-matched 401K
• Competitive paid time off benefits
• Generous number of paid holidays
• Employer paid group disability and group life insurance, plus an AD&D policy
• Incentives for meeting Health & Wellness goals
• Employee-only benefits on checking accounts and loans
• Opportunities for career advancement, and more!

Available Positions

Position: Compensation and Benefits Manager

Location: 330 Rush Alley suite 500, Columbus, OH

Job Id: 966

# of Openings: 1

Formed in 1934, Telhio began as a credit union for Columbus Telephone Company (now AT&T) employees. Telhio now serves over 70,000 member-owners throughout central and southwest Ohio. As one of the largest credit unions in Ohio, Telhio is a strong financial institution that continues to serve its members through extraordinary service, innovative financial solutions and community involvement. After generations of service and growth, we never lose focus of our three core values - Caring, Commitment, and Integrity.

Job Summary

The Compensation and Benefits Manager will be responsible to design, implement, and manage our total rewards programs, ensuring they align with the organization's strategic objectives and support employee engagement and retention. This role requires a deep understanding of compensation, benefits, and HR technology, as well as the ability to analyze market trends and data to ensure our programs remain competitive and compliant.

Overall, the Total Rewards leader is responsible for designing, implementing, promoting, monitoring and measuring effectiveness of Total Reward programs within area of expertise to enhance the overall employee experience. They develop and implement programs to measure, improve, and reward employee performance. They also collaborate with vendors, negotiate contracts, and evaluate service levels.

Essential Functions

Global Compensation Administration & Management:

• Manages base pay and variable pay compensation program design, analysis and administration. This includes incentive pay and bonus program design
• Reviews the company's compensation levels relative to identified market, developing and recommending changes to the salary structure,
• Serves as lead for conducting job evaluations and communicating results
• Responsible for monitoring and ensuring compliance of the Fair Labor Standards Act (FLSA) for U.S. based positions
• Responsible for the planning, design, administration and implementation of the annual and semiannual compensation salary planning process; including working with Finance to achieve budget expectations
• Partners with CHRO, Human Resources Business Partner and other leaders on designing and pricing any organizational structure changes
• Manages the compensation system and vendor along with other external compensation survey process and survey subscriptions

Benefits Management

• Communicates benefit, retirement and wellness programs, ensures statutory compliance; stays abreast of upcoming legislation and communicates necessary changes accordingly
• Oversee administration of annual filings, audits, leave of absence programs and employee support
• Partners closely with outside Benefits Consultant/Broker to manage employee benefits programs such as medical, dental and vision; term life insurance plans; temporary disability programs; and accidental death policies
• Develops specifications for new plans or modifies existing plans to ensure a benefit package that is meaningful and competitive

Human Resources Information Systems (HRIS) Management

• Responsible for all Payroll Administration and Timekeeping Systems
• Responsible for administration, design, end user experience, reporting and analytics for entire HRIS System
• Ensures best practice business process/workflows and other system dependencies are in place within entire people technology stack to support system users
• Oversees compliance with global, federal, state and local data protection regulations
• Partners closely with team to ensure administration of compensation programs, performance reviews, benefits and open enrollment, payroll and reporting efforts, among others in the HRIS system
• Participates in and leads special projects or other duties as needed

Qualifications

• Master’s degree in Business, Human Resources, Industrial or Labor Relations, or Organizational Psychology (Preferred)
• 7-9 years’ Experience in Compensation & Benefits (working in a large organization) (Required)
• Strong executive presence required
• Ability to develop materials and present ideas/recommendations at all levels within the organization to gain approval of programs/process changes
• Ability to analyze data using statistical methods/techniques/best practices with innovative mindset
• Strategic thinking
• Articulates a compelling vision, energizes others and shows them how they connect to it.
• Able to make difficult decisions that balance short-term results with longer-term strategy
• Proven track record of developing and implementing Total Rewards that drive business outcomes
• Proven track record in driving HR initiatives that have a tangible impact on business performance
• Strong understanding of HR policies, employment laws, and regulations
• Demonstrated ability to navigate in a fast-paced, dynamic environment and manage multiple priorities effectively
• Excellent leadership and people management skills, with the ability to inspire and develop a high-performing team
• Exceptional communication and interpersonal skills, with the ability to build strong relationships and influence stakeholders at all levels
• Exceptional analytical and strategic thinking skills, with the ability to leverage data to make informed decisions
• Strong leadership and communication skills, capable of influencing at all levels and navigating complex organizational dynamics
• Total Rewards, Compensation, or PHR/SPHR (Preferred)
• Must be able to pass a background check including: Credit, Drug Screen, Criminal and bondability

What you will earn

• Competitive pay
• Benefits: several medical plan options, dental, free vision, free life and free disability insurance
• Additional financial incentive programs for employees enrolled in our insurance
• 6% matching and immediately vested 401(k) plan
• Generous schedule for paid holidays, vacation and personal time for a healthy work-life balance
• Opportunity for personal career growth, continued education and mentorship programs
• Volunteer opportunities impacting the local community

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position requires sitting; some reaching; frequent standing and walking; some stooping or kneeling. The employee must occasionally lift and move up to 50 pounds.

This is a Non-CollectiveBargaining Unit

Telhio is an Equal Opportunity Employer