Compensation and Benefits Specialist (Springfield MO)

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PeopleCompensation & Benefits Specialist

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Overview

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PeopleCompensation & Benefits Specialist

What We Offer

~4 min read

Imagine working at a company where the products you make, keep America running today, tomorrow, and forever.

At CNH Industrial Reman we understand the value of building and strengthening long-lasting relationships with our dealers, employees and suppliers. We bring market-leading agriculture and construction solutions to our family of brands which include Case IH, CASE Construction, New Holland Agriculture and New Holland Construction.

CNH Industrial Reman offers competitive pay, benefits and a bonus program for all our employees. We provide a positive, open-book culture where our employees are challenged to grow and develop a career path within the organization. CNH Industrial Reman has an industry-leading safety record and welcomes employees committed to producing quality products in a safe and productive manner.

Summary
The compensation and benefit specialist drives the planning, development, and implementation of compensation and benefits functions. Oversees the day-to-day administration of compensation programs, guidelines, policies, and procedures and ensures programs are administered in compliance government regulations. Responsible for the administration of benefits programs, objectives, and plans. Manages Health and Wellness benefits program design and administration including eligibility, enrollment, and processing of various plans. Supports HR Director with strategic planning on compensation and benefits policies and best practices.

Essential Functions/Responsibilities

Compensation

✓Develops and implements compensation plans and strategies which outline actions to support short- and long-term business objectives

✓Partners on executive compensation programs and reporting including Board Decks and total rewards packages

✓Contributes to the development of Human Resources plans, objectives, and strategies

✓Monitors performance against plans to ensure achievement of objectives

✓Develops, recommends, implements, and administers compensation systems and programs which support pay for performance and other defined business objectives

✓Communicates salaried compensation policies, practices, and guidelines

✓Assists in the application of the compensation guidelines by advising managers

✓Oversees the delivery of compensation programs (i.e., annual pay reviews, incentives and recognition)

✓Provides compensation analytics and reporting

✓Monitors compensation programs to ensure adherence to policies, guidelines and legal requirements

✓Oversees the development of job descriptions and ensures job descriptions are maintained

✓Supervises the participation in salary surveys to support market strategy and pay philosophy

✓Monitors competitive trends in benefits and evaluates alternatives and costs

✓Develops and implements programs to monitor and reduce costs

✓Oversees process necessary for enrolling eligible employees in Health & Wellness plans

✓Establishes and manages the Associate Contact Center for general questions

✓Ensures that Health and Wellness plans are administered in a consistent and timely manner as prescribed in the plan documents and are processed according to governing law

✓Dedicates necessary resources to ensure prompt payment of benefits to, and proper collection of contributions from, eligible employees

✓Manages the Billing and Collection Process for missed premiums, Cobra participants, or FSA participants as assigned and properly accounts for all funds processed

✓Ensures compliance with ERISA requirements and regulations for Health & Wellness plans

✓Provides input and updates information to employee benefit communications including Summary Plan Descriptions, Plan Documents, forms, etc., for Health & Wellness plans

✓Defines technical and system requirements, including applications, by working closely with HRIS to ensure processing expediency and accuracy are met

✓Reviews and evaluates contracts provided by vendors to ensure that all requirements appropriately addressed

✓Maintains channels of upward communications and encourages the expressions of new ideas, suggestions and complaints

✓Bachelor’s Degree in Human Resources, Business, Accounting/Finance or similar field required

✓3-5 years of combined compensation and benefits administration experience required

✓Significant experience in planning, organizing and leading teams and projects

✓Strong research, analysis, and assessment capabilities

✓Excellent interpersonal and business skills to develop and maintain effective business relationships

✓Strong written and verbal communication skills

✓Strong collaborative and influencing skills to achieve desired results

✓Strong Excel and database management skills

✓Solid understanding of federal statutes and laws governing compensation and benefit administration