Senior Compensation and Benefits Analyst

Rise Baking Company, LLC•Minneapolis, MN

1d•$135,000 - $150,000•Remote

About The Position

Lead the design, administration, and continuous improvement of Rise Baking Company's compensation and benefits programs, ensuring pay structures, incentive plans, and health and welfare benefits are market-competitive, internally equitable, and compliant. Serve as the lead resource on compensation and benefits matters, advising HR leadership and people managers on pay decisions and program design and translating market data into actionable recommendations to the Director of Total Rewards.

Requirements

Bachelor's degree in human resources, business administration, or a related field
4-7 years of progressive experience in compensation and benefits analysis and program administration
Advanced proficiency in Excel and compensation/benefits modeling; experience with HRIS compensation and benefits modules
Strong working knowledge of federal and state compensation and benefits regulations (FLSA, ERISA, ACA, COBRA, HIPAA, pay transparency laws)
Demonstrated experience participating in compensation surveys and applying market data to pay decisions
Ability to work highly independently and exercise sound judgment on complex technical and business matters; ability to serve as a team lead for the work group
Strong analytical, consultative, and communication skills; ability to translate data into clear, outcome-forward recommendations for leadership
High level of discretion in handling confidential compensation and benefits information

Nice To Haves

CCP (Certified Compensation Professional) or CEBS (Certified Employee Benefits Specialist) certification preferred
Knowledge of Canadian or other global benefits programs preferred
Familiarity with AI/automation tools for data analysis and reporting desired

Responsibilities

Manage the design and administration of the annual compensation cycle, including salary structure design and maintenance, market pricing, merit planning, incentive administration, pay equity analyses, and compensation program effectiveness reviews
Design, communicate, and maintain pay structures, job families, salary grades, and job architecture/leveling frameworks; support various compensation projects and initiatives
Benchmark annual compensation budgets, merit matrices, and off-cycle adjustment guidelines to enterprise strategies
Leverage AI-enabled tools and automation to improve the efficiency and accuracy of analysis and reporting
Advise managers and partner with HR on pay decisions for new hires, promotions, transfers, and equity adjustments
Support the design and administration of the companywide short-term incentive plan, sales incentive plan, and other variable pay plans
Own and manage enterprise-wide compensation market data, compensation systems, and annual compensation programs, including leading the annual market review process, participating in salary surveys, analyzing market trends and competitive positioning, and recommending salary structure and employee pay adjustments
Conduct job evaluation and market pricing, matching jobs to survey benchmarks and recommending range/grade placement aligned to best practices, enterprise goals, and governance
Perform pay equity analyses and audits and recommend affirmative actions where warranted
Research and report on compensation trends, labor market conditions, and legislative developments
Ensure compensation and benefits programs comply with FLSA, ERISA, ACA, COBRA, HIPAA, and applicable state and federal wage and hour and pay transparency laws
Maintain documentation standards for job descriptions, pay decisions, and plan administration
Partner with Legal and Compliance on regulatory changes affecting compensation and benefits
Partner with HRIS to ensure data integrity for job codes, pay structures, benefit elections, dashboards, supporting technology implementations, and reporting for HR leadership
Support the US and Canadian health and welfare, retirement, and work/life benefit programs to meet cyclical goals that increase engagement in plans and programs
Manage project plans for annual open enrollment, plan renewals, and relationships with brokers, carriers, and vendors
Partner with vendors and internal resources to effectively communicate coverage and plan design changes to employees and managers
Monitor benefits utilization, self-insured claims trends, and cost containment opportunities
Design root cause analysis leveraging data from tier 1 support to improve user experience (e.g., system fixes, education/training, and communications)
Support food safety program, quality standards, and legality of manufactured products
Perform other job-related duties as assigned