Apply on Employer Site

Innovative Hematology, Inc. · 2 months ago

Total Rewards(Compensation & Benefits) Program Manager

Indianapolis, IN

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

Innovative Hematology, Inc. is a leader in hemophilia care and clinical research, seeking a Total Rewards Program Manager to design and manage compensation and benefits programs. The role involves developing competitive salary structures, overseeing health and welfare benefits, and ensuring compliance with regulations to attract and retain top talent.

BiotechnologyHealth CareHospitalNon ProfitWellness

Comp. & Benefits

Responsibilities

Manage health and welfare plan execution in conjunction with benefits broker, including but not limited to medical, dental, vision, flexible spending accounts, COBRA, life insurance, disability, 401(k), and workers compensation. Manage relationships with benefits vendors and carriers, including contract negotiations and performance evaluations, to ensure the highest level of service to employees

Partner with the Director of Human Resources & Compliance and external vendors/partners, to review, analyze and monitor the benefits market to determine employee needs, identify trends, stay abreast on regulations, and develop competitive programs and services that align with the Center's strategic goals

Develop, monitor, and maintain the Center's compensation program in accordance with the Center's Compensation Philosophy, including the development of standard operating procedures. Partner on compensation program design, analysis, and implementation. Ensure benchmark analysis and salary surveys are conducted to obtain external market data

Support the Center's Employee Incentive Program administration, preparation of materials for Compensation Committee meetings, and other compensation-related reports and determinations

Create and deliver clear and informative materials to educate employees about their benefits options, including Open Enrollment. Provide support to HR Generalists when responding to employees with benefits-related inquiries or concerns, assisting to resolve issues promptly to enhance employee satisfaction

Evaluate and develop employee wellness and engagement programs aimed to enhance employee wellbeing, satisfaction, and retention

Serve as primary HR contact for the 401(k) plan administrator and auditor, ensuring accurate submission of employee and employer contributions, and compliance with ERISA reporting requirements, and other mandated testing and reporting

Track and analyze compensation variances and audit salary changes, including new hire offer terms, merit increases, promotions, bonuses, etc. Serve as a liaison between Human Resources and Finance to ensure the accuracy and completeness of employee HRIS records

Regularly assess processes and procedures, seeking opportunities for continuous improvement and efficiency. Develop and maintain Standard Operating Procedures and policies related to benefits, compensation and wellness

Conduct job evaluations to ensure internal equity across roles. Quality review of data housed in ADP, including the performance of regular data audits and resolving any data integrity issues

Create and maintain quarterly and annual HR dashboard using qualitative and quantitative data to guide business decisions

Perform system maintenance, including assisting in the review, testing and implementation of HR system(s) upgrades. Document process and results

Qualification

Total rewards managementCompensation program designBenefits administrationHRIS proficiencyAdvanced Excel skillsEmployee benefits knowledgeProject managementCommunication skillsProblem solvingAttention to detailTeam collaboration

Required

Minimum Bachelor's degree in human resources, business, or related field, required

Minimum of 10 years of progressive experience in total rewards, compensation, benefits, and HR experience; healthcare experience, required

Experience with HRIS and advanced Excel skills, required

Knowledge of federal, state and local employment laws and regulations

Knowledge of human resources software applications

Knowledge of employee benefits and applicable laws and regulations

Strong ability to design, implement, and measure the impact of employee total reward initiatives

Project management skills with a demonstrated ability to manage complex projects, meet stringent deadlines, and balance multiple projects simultaneously

Current knowledge of evolving payroll, benefits, and HR regulatory landscape

Knowledge of appropriate analysis and application of competitive salary surveys

Skill in presenting to both executive and employee audiences

Skill in problem solving and critical thinking

Exceptional written, verbal and interpersonal communication skills, with the ability to interact effectively with employees, managers, and external vendors, including conflict resolution

Demonstrate strong ethics, discretion, and confidentiality

Attention to detail with a numbers-oriented, analytical mindset

Capability to work autonomously while also contributing effectively to team collaboration

Ability to establish/maintain effective relationships with staff at all levels

Ability to provide guidance to HR Generalist colleagues and serve as back up to the HR Director

Ability to project positive and professional image

Ability to handle sensitive and confidential employee information in a professional manner

Strong ability to change and adapt in a high-paced environment