Telhio Credit Union · 4 hours ago
Compensation and Benefits Manager
Columbus, OH
Full-time
Onsite
Senior Level
7+ years expTelhio Credit Union is a prominent financial institution serving over 70,000 members in Ohio. The Compensation and Benefits Manager will design, implement, and manage total rewards programs to enhance employee engagement and retention, while ensuring compliance and competitiveness in the market.
BankingFinanceFinancial Services
Responsibilities
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
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
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 efforts, among others in the HRIS system
Participates in and leads special projects or other duties as needed
Qualification
Required
Bachelors degree in Human Resources, Communications, Business, or equivalent discipline
7-9 years' Experience in Compensation & Benefits
Strong executive presence required
Ability to develop materials and present ideas/recommendations at all levels within the organization to gain approval of programs/process changes
Ability to analyze data using statistical methods/techniques/best practices with innovative mindset
Strategic thinking
Articulates a compelling vision, energizes others and shows them how they connect to it
Able to make difficult decisions that balance short-term results with longer-term strategy
Proven track record of developing and implementing Total Rewards that drive business outcomes
Proven track record in driving HR initiatives that have a tangible impact on business performance
Strong understanding of HR policies, employment laws, and regulations
Demonstrated ability to navigate in a fast-paced, dynamic environment and manage multiple priorities effectively
Excellent leadership and people management skills, with the ability to inspire and develop a high-performing team
Exceptional communication and interpersonal skills, with the ability to build strong relationships and influence stakeholders at all levels
Exceptional analytical and strategic thinking skills, with the ability to leverage data to make informed decisions
Strong leadership and communication skills, capable of influencing at all levels and navigating complex organizational dynamics
Must be able to pass a background check including: Credit, Drug Screen, Criminal and bondability
Preferred
Master's degree in Business, Human Resources, Industrial or Labor Relations, or Organizational Psychology
Total Rewards, Compensation, or PHR/SPHR
Benefits
Several medical plan options
Dental
Free vision
Free life and free disability insurance
Additional financial incentive programs for employees enrolled in our insurance
6% matching and immediately vested 401(k) plan
Generous schedule for paid holidays, vacation and personal time for a healthy work-life balance
Opportunity for personal career growth, continued education and mentorship programs
Volunteer opportunities impacting the local community
Company
Telhio Credit Union
Telhio Credit Union provides financial services such as loans, credit cards, business, personal and online banking.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Chris Wampler
CFO
Kristen Scott
Chief Financial Officer
Recent News
American Banker
2023-03-01
American Banker
2022-10-26
2022-10-21
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