Total Rewards Specialist

Caterpillar Inc. • Peoria, IL

2d • $72,360 - $108,540 • Onsite

About The Position

Provides Total Rewards support to internal customers in support of benefit and total health & wellbeing programs, compensation management, employee relocation & expatriate management and retirement programs. The role administers Total Rewards programs, completes analysis of market data and trends, collection and submission of data for market surveys, supports the development of Total Rewards communications, and participates in Total Rewards related projects.

Requirements

• Degree or equivalent experience desired
• Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems
• Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors
• Knowledge of the techniques and the ability to work with a variety of individuals and groups in a constructive and collaborative manner
• Knowledge of employee benefits programs, processes, issues and considerations; ability to design and implement benefits programs

Nice To Haves

• Knowledge of compensation structure, and regulations and policies related to compensation; ability to design, implement and evaluate compensation programs, policies and processes within an organization
• Knowledge of features, policies and processes of retirement programs; ability to implement and manage employee retirement programs and plans
• Experience conducting job analysis and salary survey activities
• Experience analyzing corporate benefits plans and market trends
• Experience working with external benefits and retirement vendors
• Experience supporting Total Rewards communications and related projects

Responsibilities

• Administers Total Rewards programs, communicating with internal customers and partnering with external vendors
• Participates in Total Rewards related projects, interacting with consultants and internal partners
• Performs qualitative and quantitative research on Total Rewards related programs to support business and talent challenges
• Ensures compliance of Total Rewards programs and policies and manages employee data in line with company policies

Benefits

• Medical, dental, and vision benefits
• Paid time off plan (Vacation, Holidays, Volunteer, etc.)
• 401(k) savings plans
• Health Savings Account (HSA)
• Flexible Spending Accounts (FSAs)
• Health Lifestyle Programs
• Employee Assistance Program
• Voluntary Benefits and Employee Discounts
• Career Development
• Incentive bonus
• Disability benefits
• Life Insurance
• Parental leave
• Adoption benefits
• Tuition Reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree