Compensation & Benefits Specialist

KBE Building Corp•Farmington, CT

56d

About The Position

The Compensation & Benefits Specialist will primarily be responsible for the coordination of KBE Compensation & Benefit programs. As a liaison between KBE, CMP, Elite Construction Resources and its associates, this position will administer, track, record and ensure that associate benefits are in place and consistently evaluated and monitored. Additionally, this position is responsible for compensation and compliance. Working closely with the VP, Human Resources, they will prepare compensation data for managers decisioning of annual increases and bonus consideration. The Compensation & Benefits Specialist will need to have the demonstrated ability to achieve results and have a passion to put that ability to work and strive for the opportunity to take on increasing responsibilities. This individual will be expected to role model and foster the attitude, measures and approaches necessary to create a workplace environment that embodies the KBE Mission of Building Excellence Together through the KBE Values of Dedication, Integrity, Pride and Innovation.

Requirements

BS/BA Degree HR, Business or a related field of study
Compensation & Benefits Administration experience a must
A minimum of 5-7 years of well-rounded Compensation & Benefits experience
Results Driven and accountable for actions
Effective communicator to all levels of the organization
Ability to forge strong, trusting, collaborative relationships

Nice To Haves

PHR certification

Responsibilities

Work closely with the VP, HR on the administration of various human resources plans and procedures for all company associates; may assist in the development and implementation of associate policies and procedures; work with VP, HR on assessing compensation & benefits from a strategic level; monitoring benefit risks and taking part in the management of change.
Monitors statistical benefit information for compliance and strategic planning utilizing benefits broker to their maximum potential
Part of the HR/Finance team of analyzing benefit options and predictions around future costs.
Identifies and communicates new or alternative benefit and wellness options that align and advance the company’s full portfolio of benefits offered
Develops, implements, administers and maintains all KBE and its affiliate company’s Benefit Programs (medical, dental, vision, life, AD&D, disability, FSA, HSA, etc.)
Evaluates existing benefit programs against peer organizations to determine competitiveness, trends and developments
Reviews, gives advice and supports management’s decisions on benefit cost containment either through plan design changes or adjustments in the company’s mission to attract candidates and retain associates, doing research on alternatives if needed
Takes a proactive approach to resolving any claim issues from start to completion of claim
Reports all associate benefit changes to vendors; performs all vendor payment reconciliations and approves all invoices for payment
Reviews and audits monthly benefit bills to ensure that all additions and terminations are updated in timely manner; notifying the broker of any discrepancies
Communicates, in a timely manner, all benefit information and changes to KBE, , KBE West, Elite HR and CMP associates, ensuring all compliance documents and notices are delivered
Works with sister company and their HR Manager to communicate benefits; assist with Open Enrollment and help with any claims or miscellaneous benefit related items
Conducts new hire benefit orientations and ensures benefit profiles are built in all benefit systems making sure information is accessible to new associate
Ensures that all benefit changes are reflected in all benefit systems including, but not limited to salary/title changes as well as terminations/off-boarding
Leads annual company Open Enrollment with benefits broker
Reports and monitors all STD/LTD/FMLA (CT)/ACA claims including federal and state reporting requirements
Runs all benefit related reports in either the benefits system or vendor websites whether for Open Enrollment or otherwise
Oversees administration of Workers’ Compensation insurance program, including internal investigation with safety, manager and associate
Reports WC claims to carrier, keeping management apprised of injured associate status and follows third party administration (TPA) of claim to conclusion. Is the KBE point of contact for WC claims and issues
Monitors COBRA participants for compliance and reporting
Maintains benefits system using features to their fullest extent
Stays current with benefit trends and legal changes to benefits and benefit plans across locations
Conducts surveys and interviews on associate satisfaction with plan offerings
Organizes and plans associate benefit fairs.
Working with the VP, HR to compile position salary data using market analysis to create a management report for the purpose of annual salary increase and bonus recommendations
Working with the VP, HR to ensure that annual increase recommendations are accurately processed
During benefits orientation and in support of KBEYOU, educates bonus eligible associates of the KBE Bonus Program outlining measurement of success and payment opportunities
Working with the VP, HR to ensure bonus information is processed and noted in HRIS
Updates Total Benefits Tracker with each new hire; auditing and adjusting information as necessary and/or as associates move from project to project
Maintains all compensation information in HRIS; ensures accuracy and that updates are timely
Completes Compensation Salary Surveys
Creates and distributes annual Total Compensation Statements to all employees
When needed, responds to and provides accurate data and information for various associate verifications (employment history, mortgage/bank verifications, etc.)
Collects and analyzes human resources data and makes recommendations for changes to management
Responsible for conducting HR audits
Acts as a resource to management for the running of reports for any purposeand giving guidance around the interpretation of data for more department/employee efficiency
Assists with the implementation of measures that increase structure around employee data and information
When needed or necessary, assists with recruiting; attends college job fairs when needed
Prepares offer letters and new hire packet with pre-employment information, only when needed
Orders gifts for associate occasions such as bereavement or births
Tracks Spot Awards

Benefits

3 O’clock Fridays
Flexible Work Hours
Paid Paternal/Maternal Leave
Vacation, sick, and personal time
Paid Holidays
Floating Holidays
Medical and Dental Insurance (Premium cost sharing between the company and employee)
Health Incentive Insurance Discount Employee assistance program
Vision Care (100% company paid)
Annual Company Meetings, Company Fun Events, & holiday parties
Recreational/Chill-Out Space to encourage movement and collaboration
Golf Simulator, Pool Table, Dart Boards, Coffee/Snack/Beverage Station, breakout rooms, privacy booths, and more (Farmington office)
Quarterly Employee Photo Contests - with prizes!
Company swag! Mugs, Clothing, Backpacks, and more
Dress code: Business Casual and Philanthropy Fridays (Jeans)
Employee Work Anniversary Recognition
Corporate Commitment to Philanthropy
Competitive Salaries
Employee Referral Bonuses
Corporate Contributions toward Monthly Student Loan Repayment
Reimbursement for select gym and fitness memberships
Tuition Reimbursement for Work-Related Education
Company Paid Life Insurance
Structured Bonus Program