Compensation Benefits Specialist

Winston Staffing; New York (NY); Hybrid; USD 90,000 - 150,000; Full time

Job summary

Winston Staffing in New York seeks a Compensation & Benefits Specialist to lead base salary, incentives, and benefits strategies. The role includes market benchmarking, pay structure design, and leading annual compensation cycles. Collaboration with Talent Management, Acquisition, and leadership is essential.

Strong Excel and Workday skills are required to drive pay programs. This position offers a dynamic, growth-oriented environment with a focus on data-driven decisions and welfare programs

Qualifications

• Bachelor's degree in HR, Finance, business or related field.
• 5+ years in compensation/benefits/HR analytics or total rewards.
• Experience with salary surveys and market pricing.
• Experience administering employee benefits programs.
• Experience in insurance/financial services and capable of handling both compensation and benefits.
• Strong Excel and Workday experience, including advanced compensation modules.

Responsibilities

• Design and manage base salary, incentive, and bonus programs aligned with business strategy.
• Conduct market benchmarking and salary surveys to ensure external competitiveness.
• Design and manage salary/role structure in HR systems (job titles, family, etc.).
• Lead annual compensation processes (merit, bonus, promotions, equity).
• Partner with Talent Management, Talent Acquisition and leadership on job leveling, pay decisions and offer strategy.
• Ensure internal equity and pay transparency practices.
• Advance compensation management, Sales comp, LTIP, and 401k compliance.
• Benefits management: oversee health, welfare, retirement, and wellness programs.
• Manage vendor relationships (brokers, carriers, PEO).
• Develop and track compensation and benefits metrics; provide insight to senior leadership.
• Support workforce planning and budgeting related to TWs and acquisitions.
• Maintain documentation policies and audit readiness.

Skills

HR analytics

Total rewards

Market pricing

Benefits administration

Vendor management

Education

Bachelor’s degree in HR, Finance, Business Admin, Economics, Mathematics, or related field

Tools

Excel Pivot Tables

VLOOKUP/XLOOKUP

Power Query

HRIS systems

Workday

Power BI/Tableau

Compensation survey platforms

Job description

Growing Company, great corporate culture 2 days in office 3 remote, immediate direst hire role

Compensation & Benefits Specialist / Total Rewards

• Design and manage base salary, incentive, and bonus programs aligned with business strategy
• Conduct market benchmarking and salary survey to ensure external competitiveness
• Design and manage salary/role structure in HR Systems (job titles, job family, etc.)
• Lead annual compensation processes (merit, bonus, promotions, equity)
• Partner with Talent Management, Talent Acquisition and leadership on job leveling, pay decisions and offer strategy
• Ensure internal equity and pay transparency practices UK Benefits/Payroll expenses management
• Advance Comp management, Sales Comp Agreement process, Securities Agreement LTIP process, Annual 401k Compliance process
• Benefits Management
• Oversee health, welfare, retirement and wellness programs
• Manage Vendor Relationships (brokers, carriers, PEO)
• Evaluate and enhance benefits offerings based on need market and cost management, and experience with negotiating with vendors.
• Lead annual benefits renewal and open enrollment process
• Develop and track compensation and benefits metrics (cost, utilization, competitiveness)
• Provide insight and recommendations to senior leadership.
• Support workforce planning and budgeting related to TWs and new team/acquisitions
• Maintain accurate documentation policies and audit readiness

SKILLS & QUALIFICATIONS

• Education: Bachelor’s degree in Human Resources, Finance, Business Administration, Economics, Mathematics, or related field.
• Experience: minimum 5+ years of compensation, benefits, HR analytics, or total rewards
• Experience with salary surveys and market pricing.
• Experience administering employee benefits programs.
• Experience in insurance or financial services and the ability to operate independently across both compensation and benefits functions.
• Strong experience with Excel and Workday, including advanced comp modules.

Technical Skills

• Advanced Microsoft Excel Pivot Tables
• VLOOKUP/XLOOKUP
• Power Query (preferred)
• Complex formulas
• HRIS systems
• Compensation survey platforms
• HR reporting and analytics
• Benefits administration platforms
• PowerPoint
• Data visualization tools (Power BI or Tableau preferred)

Knowledge Requirements

• Compensation structures
• Salary grading methodologies
• Market benchmarking
• Pay equity analysis
• Incentive compensation
• Health and welfare benefits
• Retirement plans (401(k))
• COBRA
• HIPAA
• FLSA
• Pay transparency legislation
• Leave programs
• HR metrics and reporting

LOCATION