Compensation and Benefits Analyst

Hu-Friedy Mfg. Co., LLC; Northbrook (IL); On-site; USD 70,000 - 85,000; Full time

Job summary

HuFriedyGroup is seeking a Compensation and Benefits Analyst to research, analyze, and maintain the organization’s pay structure and benefits programs. You will study wage data, monitor market conditions, and partner with benefits vendors while educating employees and HR teammates on compensation plans.

The role ensures regulatory compliance, prepares management reports, and supports annual salary planning and enrollment processes to optimize our total rewards program.

Qualifications

• Bachelor’s degree and 2-3 years of relevant HR experience, or 5+ years of experience in lieu of a degree.
• Highly proficient in Excel, PowerPoint, and MS Office.
• Knowledge of compensation and benefits principles and regulations.
• Strong analytical and problem-solving skills with ability to interpret data.
• Excellent written and verbal communication; ability to manage multiple tasks and deadlines.

Responsibilities

• Contributes to the development and implementation of compensation and benefits strategies, including salary structures, incentive plans, and benefits programs.
• Develops and maintains job descriptions, evaluates job classifications, and determines salary ranges.
• Ensures data is correct in the HRIS system and prepares reports and presentations for management.
• Conducts market research, participates in salary surveys, and analyzes benchmarks to ensure competitiveness.
• Administers benefits and wellness plans, including health, welfare, retirement, and leave administration.
• Creates and monitors benefits data files and exception reports, including life events and payroll deductions.
• Maintains processes and procedures documents and builds relationships with benefit vendors.
• Assists with annual programs like incentive management, salary planning, and enrollment.

Skills

Excel proficiency

Analytical skills

Communication skills

Independent work

Time management

Education

Bachelor’s degree or 5+ years of experience in lieu of a degree

Tools

ADP

PowerPoint

MS Office Suite

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Compensation and Benefits Analyst

Full-Time Exempt Employee Northbrook, IL, US

Salary Range: $70,000.00 To $85,000.00 Annually

Join Our Team at HuFriedyGroup – Innovating Excellence in Dental Instrument Manufacturing

HuFriedyGroup is a leading manufacturer of dental instruments and infection prevention products. Our 10,000-plus products, hand-crafted by highly skilled artisans, are known for their precision, performance, longevity, reliability, and quality. To help dental professionals be The Best in Practice, HuFriedyGroup provides a unique combination of world class products, value-added services, clinical education, and dental community platforms that result in superior clinician performance and enhanced safety for dental professionals and their patients. Working at HuFriedyGroup is so much more than a job, as every employee has a part in driving and supporting the organization’s inspirational vision to be a global force in advancing dental performance through Best-In-Practice dentistry that improves lives around the world.

Job Summary:

The Compensation and Benefits Analyst researches, analyzes, and contributes to the maintenance of the organization's pay structure and benefits programs. They analyze wage and salary data, monitor market conditions, and work with benefits vendors. This role also involves educating employees and other HR team members about compensation and benefits programs and issues, ensuring compliance with regulations, and recommending improvements to existing programs.

Responsibilities:

• Contributes to the development and implementation of compensation and benefits strategies, including salary structures, incentive plans, and benefits programs.
• Responsible for developing and maintaining job descriptions, evaluating job classifications, and determining salary ranges.
• Ensures data is correct in the HRIS system and prepares reports and presentations for management.
• Conducts market research, participates in salary surveys, and analyzes and benchmarks compensation data to ensure competitiveness. Responsible for job promotions, transitions and local market analyses, and other compensation projects as assigned.
• Responsible for day-to-day administration of benefits and wellness plans, including health and welfare, retirement and leave administration, and benefits invoices.
• Responsible for creating and monitoring benefits data files and exception reports, including life event changes, benefit payroll deductions, and other administrative activities.
• Establishes and maintains all processes and procedures documents, and builds strong relationships with benefit vendors.
• Assists with annual programs, including but not limited to incentive management, salary planning, and annual enrollment.
• Understand all legal and compliance reporting requirements related to compensation and benefit programs.
• Communicates with employees about their compensation and benefits plans and programs, including addressing pay and incentive issues, benefits enrollment and plan changes procedures, and addressing any questions they may have.
• Researches and responds to employee questions via mail and the benefits inbox. Works closely with broader HR, Finance, and Payroll teams to address issues.
• Responsible for preparing, reviewing, and distributing routine employee and compliance communications to employees. Responsible for distributing emails to HR and associates. Partners with vendors or other third-party printers to distribute mailings.
• Assists in any other projects as requested.

Requirements Qualifications:

• Bachelor’s degree and 2-3 years of relevant business experience in general HR required OR 5+ years of experience in lieu of a degree.
• Ability to work independently
• Highly proficient in Excel, PowerPoint, and other systems
• Knowledge of compensation and benefits principles. Understand base pay, incentives, health and welfare programs, retirement and leave administration programs and their regulations.
• Strong analytical and problem-solving skills. Ability to analyze and interpret data, identify trends, and make recommendations.
• Ability to identify and resolve issues related to compensation and benefits.
• Strong attention to detail.
• Knowledge of MS Office Suite with exceptional skills in Excel, Word, PowerPoint.
• Knowledge of ADP a plus.
• Excellent written and verbal communication skills.
• Able to manage conflict.
• Ability to manage multiple tasks and deadlines.

Equal Employment Opportunity & Accessibility Statement

HuFriedyGroup is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We prohibit discrimination and harassment of any kind based on race, color, religion, age, gender, national origin, disability status, genetics, veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

If you require reasonable accommodations to apply for a position, participate in the recruitment process, or perform essential job functions, please contact us at 773-868-5534. We are committed to supporting you throughout your journey with HuFriedyGroup!