Senior Manager, Benefits & Compensation

Pdclegal; Chicago (IL); On-site; USD 160,000 - 242,000; Full time

Job summary

A leading legal firm seeks a Senior Manager, Benefits & Compensation in Chicago. This role involves managing employee benefits programs, ensuring compliance, and developing strategies for talent retention. The ideal candidate will have extensive experience in benefits and compensation, along with strong leadership skills to manage a dedicated team.

Benefits

Paid Time Off

Medical, Dental and Vision Insurance

401(k) Retirement

Disability and Life Insurance

Adoption Assistance

Backup Care for Dependents

Qualifications

• Ten years of employee benefits experience.
• Five years of people leadership experience.
• Experience managing a compensation function.

Responsibilities

• Manage design and administration of benefit plans, ensuring competitiveness.
• Negotiate contracts with vendors and manage relationships.
• Lead the business professional compensation function, ensuring compliance and support for firm objectives.

Skills

Employee Benefits Experience

People Leadership

Compensation Management

HR Systems Understanding

Education

Bachelor’s Degree

Job description

Foley & Lardner LLP Chicago, IL 60654
United States

Foley & Lardner LLP is a great place to work because of what we do and how we do it. Here, your unique perspectives, experiences, and abilities will be embraced and developed, so you can excel. Being a part of Foley means having the opportunities and resources necessary to gain experience, advance professional goals, and forge meaningful connections. It’s a place where you can build your career and enjoy professionally satisfying work. We have over 2,300 people who are #HappyatFoley, and we think you will be too.

The Senior Manager, Benefits & Compensation is responsible for evaluating, designing, implementing, and managing the firm’s benefits programs, including health and wellness plans, retirement plans, leaves of absence, wellness, compensation, and other benefits. This person will ensure the firm’s benefits attract and retain high performing individuals while ensuring compliance with legal requirements and remaining cost-effective. Another key area of responsibilityis managing vendor relationships and communicate benefits information and reporting on such to a variety of individuals including business professionals, attorneys, executive leadership and Partners. The Senior Manager is responsible for the design, implementation, and ongoing evaluation of the firm’s business professional compensation programs, including base pay, incentive pay, and other performance recognition programs, and manages a team of benefits and compensation professionals.

Responsibilities

• Manages the design and administration of the firm’s benefit plans including selection, design, administration, cost effectiveness and competitiveness. This includes health, dental, vision and life insurance plans; retirement plans; health savings and flexible spending accounts; disability and other employee benefits.
• Understands firm population unique needs and motives to design, adjust, and implement benefit offerings that include appealing rewards that attract and retain high-quality talent and help create a productive workplace.
• Maintains expert level knowledge of related laws to ensure all benefits programs comply with relevant laws and regulations such as ERISA, HIPAA, COBRA, ACA, FMLA, etc.
• Manages and negotiates contracts with vendors. Develops strong relationships with benefits providers to ensure high-quality service and competitive pricing. When seeking new vendors, manages the RFP process, evaluates options and makes the final selection.
• Develops and manages benefit budgets and analyzes benefit usage data and trends to identify cost-saving opportunities and efficiencies. Forecasts future benefit costs and develop strategies to control expenses and make recommended plan changes.
• Serves as the benefits subject matter expert and resource to firm members, especially firm leadership and those requiring a high degree of interaction and support. Educates attorneys and business professionals on benefit options through presentations, training sessions and various communications.
• Oversees the annual benefit enrollment process, including selection, communication, and system updates.
• Provides oversight to the firm’s administration of leaves polices including FMLA, medical leave, parental leave and disability, balancing compliance with regulations, business operations and positive employee experience.
• Leads the business professional compensation function and works with firm leaders to ensure compensation strategy, structure, and programs support the firm’s business objectives, meet all legal requirements, and deliver equitable pay.
• Establishes data collection and analysis processes for market, pay equity, and other compensation studies to ensure that the firm’s total rewards program positions it to compete for and retain talent in the markets where do business.
• Oversees the annual business professional compensation review process including structural changes, communication, education, system updates and overall compliance with the firm’s business professional compensation philosophy. Ensures the team works closely with the HR and HRIS teams to ensure a collaborative and successful process in conjunction with the annual performance review process.
• Stays informed of industry and market trends and best practices in benefits and compensation, making changes as needed to stay competitive. Proactively identifies opportunities for innovation and improvement, and champions change within the organization.
• Leads, manages and mentors a team of benefits and compensation professionals. Fosters a positive and collaborative work environment, promotes professional development, and ensures effective delegation of tasks.
• Leads and manages various projects and initiatives related to benefits and compensation. Utilizes project management methodologies to ensure timely and successful completion.

Qualifications

• Bachelor’s Degree required.
• Minimum of ten (10) years of employee benefits experience required.
• Must have experience managing a compensation function.
• Minimum of five (5) years of people leadership experience required.
• Strong understanding of and familiarity with HR systems desired.
• Prior experience in legal or professional services preferred.

Pursuant to the Illinois Equity Pay Act the salary range for this Chicago based position is between $160,700 – $241,100. These figures represent the full compensation range of this position. The actual offered amount will be determined based on the following factors: education, experience, geographic market, and internal pay equity at Foley.

Foley offers a comprehensive benefit program which currently includes Paid Time Off; Paid Holidays; Medical, Dental and Vision insurance; 401(k) Retirement; Disability and Life insurance; Adoption Assistance; Backup Care for Dependents.

Equal Opportunity Employer.

About Foley & Lardner:
Foley is an Am Law 50 law firm consistently ranked among top-tier practices. With over 1,100 lawyers in 26 offices across the United States, Mexico, Europe, and Asia, our market-leading platform includes Corporate, Intellectual Property, and Litigation. Adding depth to our bench strength, we focus on four primary sectors: Energy, Health Care & Life Sciences, Innovative Technology, and Manufacturing. We look beyond the law to focus on the constantly evolving demands facing our clients and act as trusted business advisors to deliver creative, practical, and effective solutions.

For nearly two centuries, Foley has maintained its commitment to the highest level of innovative legal services and to the stewardship of our people, firm, clients, and the communities we serve. While respecting our roots, we’re also continuously looking to modernize all aspects of our business and elevate who we are and what we do, which keeps us focused on the future.