Compensation and Benefits Lead

Frazer Jones (US); New York (NY); On-site; USD 150,000 - 185,000; Full time

Job summary

Frazer Jones (US) is seeking a Senior Compensation & Benefits Leader in New York to design and manage robust salary structures, incentive plans, and market pricing analyses. You will partner with executives, HR, and Talent Acquisition to shape offers, job evaluations, and total rewards strategy.

The role requires 8+ years in compensation/benefits with strong Excel and Workday experience, and a proven ability to drive pay equity and budgeted workforce planning.

Qualifications

• Bachelor's degree in HR, Finance, Business Administration, Economics, Mathematics, or a related field.
• 8+ years of experience in compensation, benefits, total rewards, HR analytics, or a related discipline.
• Experience with market pricing, compensation surveys, and job evaluation methodologies.
• Experience administering and managing employee benefit programs.
• Ability to work independently and effectively manage both compensation and benefits responsibilities.
• Strong analytical skills with advanced proficiency in Excel and HRIS platforms.
• Experience with Workday or similar enterprise HR systems preferred.

Responsibilities

• Design, implement, and manage salary structures, incentive plans, and bonus programs aligned with organizational objectives.
• Conduct compensation benchmarking and market pricing analyses to ensure competitive pay practices.
• Maintain job architecture, including job families, leveling frameworks, and compensation structures within HR systems.
• Lead annual compensation cycles, including merit increases, promotions, incentive payouts, and other reward programs.
• Partner with leadership, Talent Acquisition, and HR teams on compensation recommendations, offer strategy, and job evaluations.
• Support pay equity initiatives and compliance with applicable pay transparency regulations.
• Collaborate with Finance and HR stakeholders on workforce planning, budgeting, and compensation forecasting.
• Administer and enhance compensation-related processes, governance, reporting, and compliance activities.
• Oversee the administration of health, wellness, retirement, and employee wellbeing programs.
• Manage relationships with benefit vendors, brokers, carriers, and third-party administrators.
• Evaluate and recommend improvements to benefit offerings while balancing employee experience and cost effectiveness.
• Lead annual benefits renewals and open enrollment activities.
• Monitor utilization, costs, and market competitiveness of benefit programs.
• Provide reporting, analysis, and recommendations to leadership regarding total rewards programs.
• Maintain benefits documentation, policies, and audit readiness.

Skills

Excel

HRIS

Data analysis

Stakeholder management

Compensation

Education

Bachelor's degree in HR/Business/Finance/ Economics

Tools

Workday

HRIS systems

Job description

Compensation & Total Rewards Responsibilities

• Design, implement, and manage salary structures, incentive plans, and bonus programs aligned with organizational objectives.
• Conduct compensation benchmarking and market pricing analyses to ensure competitive pay practices.
• Maintain job architecture, including job families, leveling frameworks, and compensation structures within HR systems.
• Lead annual compensation cycles, including merit increases, promotions, incentive payouts, and other reward programs.
• Partner with leadership, Talent Acquisition, and HR teams on compensation recommendations, offer strategy, and job evaluations.
• Support pay equity initiatives and compliance with applicable pay transparency regulations.
• Collaborate with Finance and HR stakeholders on workforce planning, budgeting, and compensation forecasting.
• Administer and enhance compensation-related processes, governance, reporting, and compliance activities.

Benefits Administration

• Oversee the administration of health, wellness, retirement, and employee wellbeing programs.
• Manage relationships with benefit vendors, brokers, carriers, and third-party administrators.
• Evaluate and recommend improvements to benefit offerings while balancing employee experience and cost effectiveness.
• Lead annual benefits renewals and open enrollment activities.
• Monitor utilization, costs, and market competitiveness of benefit programs.
• Provide reporting, analysis, and recommendations to leadership regarding total rewards programs.
• Maintain benefits documentation, policies, and audit readiness.

Qualifications

• Bachelor’s degree in Human Resources, Finance, Business Administration, Economics, Mathematics, or a related field.
• 8+ years of experience in compensation, benefits, total rewards, HR analytics, or a related discipline.
• Experience with market pricing, compensation surveys, and job evaluation methodologies.
• Experience administering and managing employee benefit programs.
• Ability to work independently and effectively manage both compensation and benefits responsibilities.
• Strong analytical skills with advanced proficiency in Excel and HRIS platforms.
• Experience with Workday or similar enterprise HR systems preferred.

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