Manager, Compensation and Benefits

Summit Orthopedics•Woodbury, MN

7d•Onsite

About The Position

At Summit Orthopedics, we recognize the significance each member of the Summit Family has as they impact one another and our patients on a daily basis. Be part of a patient-first environment that lives into our values of: Compassion, Integrity, Excellence, Collaboration, Stewardship and Innovation and a place where staff members feel respected and find a strong sense of purpose in their roles, contributing to a familial atmosphere characterized by mutual respect and enjoyment. The Compensation and Benefits Manager fills a key role in managing compensation and benefits programs designed to attract top talent and retain valued employees. The Compensation and Benefits Manager is responsible for administering compensation and benefits operations, including recommending policy and practice improvements in compliance with organizational objectives and government regulations. In addition, the Compensation and Benefits Manager develops tools to assist employees in the selection of benefits, and guide managers regarding compensation decisions. This position is responsible for compensation benchmarking and analysis, merit and performance review process, benefits programs and enrollment, leave administration, policy renewals, total rewards, and employee wellness initiatives. This is a full-time role based at our corporate office located in Woodbury, MN. Monday - Friday business hours.

Requirements

Manager, Compensation and Benefits role requires supervisory duties including training, monitoring and auditing team productivity and effectiveness; ensuring daily procedures function efficiently and smoothly, interviewing and hiring employees; appraising performance; rewarding and recognition of employees; addressing issues, concerns and resolving problems; creating and maintaining policies and procedures and ensuring the completion of required paperwork, records, documents, timesheets, etc

Responsibilities

Evaluate benefits programs to ensure that they are current, competitive and in compliance with legal requirements and make recommendations for modifications to leadership.
Coordinate and administer health, dental and life insurance plans, disability, flexible spending accounts, retirement savings plans, profit sharing programs, education reimbursement, COBRA, and leaves of absences.
Oversee the design and development of tools to assist employees in benefits selection.
Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plans.
Facilitate compensation changes, including merit and promotions, in compliance with internal policy, equity and compensation philosophy.
Develop salary administration programs and conducts annual salary review and market comparisons for organization. Prepares recommendations as appropriate.
Assesses processes, policies and systems, recommends improvements to programs, services and processes, and implements those recommendations.
Take part in compensation and benefit benchmarking activities by actively participating in various compensation and benefit survey tools.
Responsible for supervisory duties including training, monitoring and auditing team productivity and effectiveness; ensuring daily procedures function efficiently and smoothly, interviewing and hiring employees; appraising performance; rewarding and recognition of employees; addressing issues, concerns and resolving problems; creating and maintaining policies and procedures and ensuring the completion of required paperwork, records, documents, timesheets, etc
Process invoices from benefits providers, auditing for accuracy and managing approvals, resolving discrepancies with carriers, payroll and employees.
Complete reports for management as requested.
Manage the department budget, including analyzing financial information, comparing actual performance to budgeted performance, and overseeing and/or approving expenses.
Performs other duties as assigned.