Compensation and Benefits Manager

Compensation And Benefits Manager

Location : 330 Rush Alley Suite 500 Columbus, OH

Formed in 1934, Telhio began as a credit union for Columbus Telephone Company (now AT&T) employees. Telhio now serves over 70,000 member-owners throughout central and southwest Ohio. As one of the largest credit unions in Ohio, Telhio is a strong financial institution that continues to serve its members through extraordinary service, innovative financial solutions and community involvement. After generations of service and growth, we never lose focus of our three core values - Caring, Commitment, and Integrity.

Job Summary : The Compensation And Benefits Manager will be responsible to design, implement, and manage our total rewards programs, ensuring they align with the organization's strategic objectives and support employee engagement and retention. This role requires a deep understanding of compensation, benefits, and HR technology, as well as the ability to analyze market trends and data to ensure our programs remain competitive and compliant. Overall, the Total Rewards leader is responsible for designing, implementing, promoting, monitoring and measuring effectiveness of Total Reward programs within area of expertise to enhance the overall employee experience. They develop and implement programs to measure, improve, and reward employee performance. They also collaborate with vendors, negotiate contracts, and evaluate service levels.

Essential Functions :

• Global Compensation Administration & Management : Manages base pay and variable pay compensation program design, analysis and administration. This includes incentive pay and bonus program design.
• Reviews the company's compensation levels relative to identified market, developing and recommending changes to the salary structure.
• Serves as lead for conducting job evaluations and communicating results.
• Responsible for monitoring and ensuring compliance of the Fair Labor Standards Act (FLSA) for U.S. based positions.
• Responsible for the planning, design, administration and implementation of the annual and semiannual compensation salary planning process; including working with Finance to achieve budget expectations.
• Partners with CHRO, Human Resources Business Partner and other leaders on designing and pricing any organizational structure changes.
• Manages the compensation system and vendor along with other external compensation survey process and survey subscriptions.
• Benefits Management : Communicates benefit, retirement and wellness programs, ensures statutory compliance; stays abreast of upcoming legislation and communicates necessary changes accordingly.
• Oversee administration of annual filings, audits, leave of absence programs and employee support.
• Partners closely with outside Benefits Consultant / Broker to manage employee benefits programs such as medical, dental and vision; term life insurance plans; temporary disability programs; and accidental death policies.
• Develops specifications for new plans or modifies existing plans to ensure a benefit package that is meaningful and competitive.
• Human Resources Information Systems (HRIS) Management : Responsible for all Payroll Administration and Timekeeping Systems.
• Responsible for administration, design, end user experience, reporting and analytics for entire HRIS System.
• Ensures best practice business process / workflows and other system dependencies are in place within entire people technology stack to support system users.
• Oversees compliance with global, federal, state and local data protection regulations.
• Partners closely with team to ensure administration of compensation programs, performance reviews, benefits and open enrollment, payroll and reporting effort.