Compensation and Benefits Analyst jobs in Massachusetts

As a Compensation and Benefits Analyst you must have will have a strong eagerness to learn, curiosity to problem solve, bring new ideas, and help reduce manual processes. Ability to help drive current state on systems of policies & procedures to future state. Seeking strong reporting and analysis skills. Position based in BHI Energy's corporate headquarters in Weymouth MA. Great growth opportunity in the Energy sector.

Responsible for collecting and analyzing data to support program decision-making. Able to aggregate large amounts of disparate data into clear, concise financial and business impact reports. Able to speak to data, make recommendations and support reasoning.

Duties/Responsibilities:

• Prepares and maintains files feeds for various vendors
• Managing payroll deductions and managing wellness programs to minimize health insurance costs.
• Conducting audits of benefits packages and policies to ensure that the company's processes are compliant.
• Understanding the legal issues with regard to salaries, pay equity, and LOA by reading relevant articles, making use of personal networks, and attending workshops with other professionals.
• Prepares and maintains job descriptions for each position in the organization; ensures descriptions accurately reflect the work being performed by incumbents. Completes annual salary surveys.
• Ensures FLSA compliance by reviewing jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.
• Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
• Provides financial and business impact analysis on requested changes to benefits and compensation programs.
• Provide technical research, plan interpretation and educational support to HR staff
• Identify opportunities to enhance benefit processes and procedures to improve department efficiencies and the team member experience
• Keeps up to date on employee benefit trends in similar industries; based on findings, recommends changes or updates to the company's existing benefits or policies.
• Cultivates strong working relationships with vendors and hold them accountable for delivering their stated performance measures.
• Collect and analyze statistical data, prepare HRIS reports, and complete surveys using various tools
• Conduct or contribute to special projects as requested or needed.

Required Skills/Abilities:

• 3-7 years of experience in benefits processes and/or retirement planning.
• Extensive excel data analysis and reporting skills.
• Familiarity with file management and Human Capital Management (HCM) systems.
• Demonstrates intellectual curiosity.
• Knowledge of state and federal laws and regulations with regard to the processing of health and retirement benefits.
• Experience in managing leave of absence, time-off, and compensation programs.
• Experience in Microsoft Suite, Excel, Word, and PowerPoint.
• In-depth understanding of state and local laws governing leave such as ERISA, HIPAA, COBRA, and FMLA to ensure compliance.
• Excellent analytical skills to research and evaluate benefits and compensation programs to make informed choices.
• The ability to present information clearly and in a manner that is understandable to managers and employees and to answer questions.
• Excellent writing skills for reports and benefits information.
• Excellent organizational and time management skills.
• Proficient with Microsoft Office Suite or similar software.
• Bachelor's degree in Human Resources or related field required or equivalent relevant experience.
• SHRM-CP or SHRM-SCP preferred.
• Prolonged periods sitting at a desk and working on a computer.