Compensation and Benefits Analyst

apartmentWECTEC Staffing Services LLC placeWeymouth calendar_month11/1/24

As a Compensation and Benefits Analyst you must have will have a strong eagerness to learn, curiosity to problem solve, bring new ideas, and help reduce manual processes. Ability to help drive current state on systems of policies & procedures to future state.

Seeking strong reporting and analysis skills. Position based in BHI Energy's corporate headquarters in Weymouth MA. Great growth opportunity in the Energy sector.

Responsible for collecting and analyzing data to support program decision-making. Able to aggregate large amounts of disparate data into clear, concise financial and business impact reports. Able to speak to data, make recommendations and support reasoning.

Duties/Responsibilities: Prepares and maintains files feeds for various vendors

Managing payroll deductions and managing wellness programs to minimize health insurance costs.
Conducting audits of benefits packages and policies to ensure that the company's processes are compliant.
Understanding the legal issues with regard to salaries, pay equity, and LOA by reading relevant articles, making use of personal networks, and attending workshops with other professionals.
Prepares and maintains job descriptions for each position in the organization; ensures descriptions accurately reflect the work being performed by incumbents. Completes annual salary surveys.
Ensures FLSA compliance by reviewing jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.
Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.

Provides financial and business impact analysis on requested changes to benefits and compensation programs.

Provide technical research, plan interpretation and educational support to HR staff

Identify opportunities to enhance benefit processes and procedures to improve department efficiencies and the team member experience
Keeps up to date on employee benefit trends in similar industries; based on findings, recommends changes or updates to the company's existing benefits or policies.

Cultivates strong working relationships with vendors and hold them accountable for delivering their stated performance measures.

Collect and analyze statistical data, prepare HRIS reports, and complete surveys using various tools

Conduct or contribute to special projects as requested or needed.

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