Compensation Benefits Analyst

Lakeside HR Group has been engaged by a premier comprehensive orthopedic provider in the Twin Cities Metro Area to recruit for a Compensation & Benefits Analyst in their Woodbury, MN location.

Under the direction of the Compensation & Benefits Manager, the Compensation and Benefits Analyst is responsible for administering compensation and benefits operations, including recommending policy and practice improvements in compliance with organizational objectives and government regulations. In addition, the Compensation and Benefits Analyst develops tools to assist employees in the selection of benefits, and guide managers regarding compensation decisions.

Essential Job Duties/Responsibilities:

• Design and evaluate benefits programs to ensure that they are current, competitive and in compliance with legal requirements; make recommendations for modifications to management.
• Take part in compensation and benefit benchmarking activities by actively participating in various compensation and benefit survey tools. Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plans.
• Facilitate compensation changes, including merit and promotions, in compliance with internal policy, equity and compensation philosophy. Develop salary administration programs and conduct annual salary review and market comparisons for the organization. Prepares recommendations as appropriate.
• Coordinate and administer health, dental and life insurance plans, disability, flexible spending accounts, retirement savings plans, profit sharing programs, education reimbursement, COBRA, and leaves of absences. Oversee the design and development of tools to assist employees in benefits selection.
• Process invoices from benefits providers, auditing for accuracy and managing approvals, resolving discrepancies with carriers, payroll and employees. Complete reports for management as requested.
• Oversee the design and development of tools to assist employees in benefits selection, and to guide managers through compensation decisions.
• Maintains HR database as it relates to compensation and benefits, regularly reviewing for accuracy. Assist management in preparing budgets for human resources expenditures.
• Create and provide reports regarding employee compensation and benefits.
• Performs other duties as assigned.

Education, Certification, & License Requirements & Preferences:

• Bachelor’s Degree or equivalent in Human Resources, Business or related field.

Experience:

• Minimum of two years of experience in Human Resources in a compensation and benefits or a generalist role

Required Knowledge, Skills, & Abilities:

• Must be knowledgeable of and comply with all confidentiality requirements related to assigned healthcare business activities and management of patient records, including but not limited to compliance and HIPAA regulations.
• Must be knowledgeable of and comply with all safety requirements and practices related to assigned responsibilities.
• Capable of relating to diverse age, demographic, and cultural backgrounds.
• Knowledge of wage and benefit laws and regulations.
• Detail oriented, organized and self-motivated.
• Strong analytical and reporting skills.
• Ability to coordinate and prioritize multiple tasks, projects and schedules.
• Strong interpersonal and customer services skills.
• Excellent written and verbal communication skills, as well as strong presentation skills.

Work Environment:

• Professional office setting

Physical Work Requirements:

• Requires long periods of sitting.
• Extensive computer use and typing involved.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.

Our client is committed to providing equal opportunity to all employees and applicants for employment in accordance with all applicable laws and regulations of federal, state and local governing boards and/or agencies.