Manager, Benefits and Compensation

TriCore Reference Laboratories; United States; On-site; USD 120,000 - 170,000; Full time

Job summary

TriCore Reference Laboratories in the United States seeks a Manager Benefits & Compensation to lead the design, governance and continuous improvement of our total rewards programs. You will partner with Finance, Payroll and business leaders to keep pay and benefits competitive, compliant and aligned with organizational goals.

As the Total Rewards SME, you will oversee compensation, benefits, payroll and rewards initiatives, conduct job evaluations and market pricing, support pay equity analyses,

Qualifications

• Seven years of progressive experience in compensation and benefits administration.
• Two years of leadership or supervisory experience.
• Experience in healthcare, diagnostics, or regulated industries preferred.

Responsibilities

• Lead design, governance and continuous improvement of the Total Rewards strategy to align with organizational goals.
• Oversee the compensation cycle, including salary structure design, market pricing and pay equity analyses.
• Consult with leaders on offers, promotions, transfers, and reclassifications under compensation strategy.

Skills

Total Rewards

Compensation

Benefits

Pay equity

Job architecture

Analytics

Education

Bachelor's degree in HR/Business/Finance or related field

Tools

Workday

HRIS

Job description

Scheduled Shift Monday Friday 0800 1700 and other shifts as needed Location Woodward

JOB SUMMARY

The Manager Benefits & Compensation is responsible for the administration compliance and continuous improvement of TriCores compensation and employee benefits programs This role serves as the organizations subject matter expert for Total Rewards and oversees compensation benefits payroll and rewards programs The Manager partners closely with Finance Payroll and business leaders to ensure programs are competitive equitable cost effective and aligned with organizational objectives The Manager will partner with executive leadership to evaluate and evolve compensation and benefits strategies that support talent attraction retention engagement succession planning and organizational growth

ESSENTIAL FUNCTIONS

Lead the design implementation communication and ongoing governance of TriCores compensation philosophy and total rewards strategy ensuring alignment with organizational goals workforce needs market competitiveness and pay equity principles Manage the annual compensation cycle including salary structure design and maintenance market pricing merit planning incentive administration pay equity analyses and compensation program effectiveness reviews Conduct job evaluations and maintain consistent job architecture salary grade structure and position classification framework Provide consultation and recommendations to leaders and management regarding offers promotions transfers reclassifications market adjustments and compensation strategy Monitor compensation market trends industry benchmarks and regulatory developments to ensure external competitiveness and compliance Administer all employee benefit programs including medical dental vision life insurance disability paid leave retirement plans flexible spending accounts health savings accounts and wellness initiatives Lead annual benefits strategy reviews broker negotiations vendor evaluations contract renewals and implementation of plan enhancements Oversee annual open enrollment processes employee communications educational materials and ongoing benefits outreach initiatives Ensure compliance with all applicable federal state and local regulations including ERISA ACA COBRA HIPAA FLSA and retirement plan requirements Manage benefits related audits 401k compliance testing Form 5500 reporting workers compensation audits and required regulatory filings Serve as the escalation point for complex employee benefits and compensation matters partnering with vendors and internal stakeholders to resolve issues Leverage working knowledge of Workday compensation and benefits modules to support reporting analytics dashboards and data quality initiatives Partner with HRIS and Payroll teams to optimize system configuration automate processes improve reporting capabilities and support technology implementations Provide oversight and governance support for payroll operations to ensure alignment with compensation programs regulatory requirements and organizational policies Develop and monitor Total Rewards metrics dashboards and analytics to support workforce planning budgeting retention and leadership decision making Create and deliver training programs for managers and employees on compensation philosophy benefits offerings pay practices and Total Rewards programs Supervise and develop assigned staff establish department priorities and promote operational excellence customer service and continuous improvement within the Total Rewards function

MINUMUM EDUCATION

Bachelors degree in Human Resources Business Administration Finance or a related field

MINIMUM EXPERIENCE

Seven 7 years of progressive experience in compensation and benefits administration including program design analysis and implementation Two 2 years of leadership or supervisory experience

PREFERRED QUALIFICATIONS

Certified Compensation Professional CCP Certified Employee Benefits Specialist CEBS SHRM SCP or comparable certification Experience within healthcare diagnostics laboratory services or other highly regulated industries Experience supporting Workday compensation benefits payroll and reporting modules