Benefits and Compensation Specialist

Randstad; Marlborough (MA); On-site; USD 60,000 - 80,000; Full time

Job summary

A staffing and recruitment company is seeking an experienced Benefits & Compensation Specialist to oversee all benefit programs. Responsibilities include implementing benefit strategies, managing compliance with laws, and conducting employee orientation for benefits. Candidates should have a Bachelor's degree and 2-5 years of experience in benefits administration. Proficiency in Spanish is preferred. This is an excellent opportunity to impact employee satisfaction while working in a diverse environment.

Qualifications

• 2-5 years of experience in benefits administration or related field.
• Knowledge of federal and state laws regarding benefits.
• Ability to read and interpret legal documents and regulations.

Responsibilities

• Implement benefit strategies and programs.
• Ensure compliance with federal and state laws.
• Manage open enrollment processes.
• Conduct benefits orientation for new hires.

Skills

Verbal communication

Written communication

Legal document interpretation

Spanish proficiency

Analytical skills

Education

Bachelor's degree

Job description

Randstad is a staffing and recruitment industry leader with thousands of satisfied clients nationwide. We offer the successful candidate the opportunity to work for our clients . We pride ourselves on our strong commitment to client satisfaction, and our focus on helping our employees find their next job.

Job Description

Our client in Marlborough is currently looking for an experienced Benefits & Compensation Specialist to report to the VP of HR. This position will be responsible for the planning, management, compliance, and communication of all benefit programs including health, wellness, dental, vision, life, disability, FSA, 401(k), FMLA, COBRA, and voluntary offerings.

The hours are Monday-Friday but the individual must be flexible to work off shift based on the needs of the business.

Must have ability to work in a fast paced, diverse manufacturing work environment.

Bilingual in Spanish is preferred.

Essential Duties and Responsibilities

• Implement benefit strategies and programs to ensure overall company competitiveness for benefit and retirement plans
• Review and analyze changes to federal and state laws pertaining to benefits, and facilitate necessary changes
• Work closely with external benefit brokers and vendors
• Manage existing wellness initiatives as well as create, develop, and launch new programs in alignment with company wellness goals
• Process all benefit plan enrollments and changes, plan documents, and plan regulatory guidelines in accordance with Company policies
• Manage all employee leaves i.e. FMLA, STD, LTD, and WC for compliance with company policy and applicable laws
• Direct the planning and execution of open enrollment processes including development of communication materials, onsite presentations, and coordination with HRIS
• Partner with vendors/brokers to complete required reporting including Form 5500, Summary Annual Reports and Descriptions
• Research and respond to employee questions regarding all aspects of benefits and act as liaison between employee and insurance carriers/brokers to ensure timely resolution of issues
• Audit vendor bills; reconcile HRIS and COBRA reports to monthly billing to ensure accurate payment and enrollment; prepare invoices and present bills for timely payment
• Conduct comprehensive benefits orientation to new hires
• Manage Service Award Program
• Responsible for COBRA administration
• Oversee 401(k) educational program and participates in 401(k) Investment Committee meetings
• Assist in annual audit and address audit results on internal controls for the 401(k) plan
• Conduct annual wage & benefit survey, analyze data, and make change recommendations to compensation structure
• Participate in wage surveys
• Other projects/duties as assigned

Qualifications

• Bachelor's degree from four-year college or university
• A minimum of 2-5 years experience in benefits administration and/or training in a related field. Knowledge of federal and state laws pertaining to benefits.
• Ability to read and interpret documents including legal documents, procedure manuals, policies, government regulations, and business journals.
• Ability to write routine reports, business correspondence, and procedure manuals.
• Ability to present information to groups of employees within the organization. Must demonstrate effective verbal and written communication skills and solid listening skills.
• Proficiency in Spanish is desirable.
• Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

Additional Information

All your information will be kept confidential according to EEO guidelines.