Compensation and Benefits Analyst
On-siteWeymouth, Massachusetts, United States
Job Summary
Collect and analyze statistical data to support program decision-making, preparing HRIS reports and financial impact analyses for requested benefits and compensation changes. Manage payroll deductions, wellness programs, and vendor file feeds while conducting audits of benefits packages to ensure compliance with state and federal laws. Benchmark jobs against market intelligence to determine competitive ranges and prepare annual salary surveys. Cultivate strong relationships with vendors to hold them accountable for performance measures and identify opportunities to enhance department efficiencies. Provide technical research, plan interpretation, and educational support to HR staff while keeping up to date on industry trends to recommend policy updates.
Required Qualifications
- 3-7 years of experience in benefits processes and/or retirement planning
- Extensive excel data analysis and reporting skills
- Familiarity with file management and Human Capital Management (HCM) systems
- Demonstrates intellectual curiosity
- Knowledge of state and federal laws and regulations with regard to the processing of health and retirement benefits
- Experience in managing leave of absence, time-off, and compensation programs
- Experience in Microsoft Suite, Excel, Word, and PowerPoint
- In-depth understanding of state and local laws governing leave such as ERISA, HIPAA, COBRA, and FMLA to ensure compliance
- Excellent analytical skills to research and evaluate benefits and compensation programs to make informed choices
- The ability to present information clearly and in a manner that is understandable to managers and employees and to answer questions
- Excellent writing skills for reports and benefits information
- Excellent organizational and time management skills
- Proficient with Microsoft Office Suite or similar software
- Bachelor's degree in Human Resources or related field required or equivalent relevant experience
- Prolonged periods sitting at a desk and working on a computer
Desired Qualifications
- SHRM-CP or SHRM-SCP preferred
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