Compensation and Benefits Manager jobs in Texas

Alterman, Inc. has an opening for the position of Benefits & Compensation Manager. The Benefits & Compensation Manager plays a crucial role in developing and overseeing the organization's compensation and benefits strategies. The Benefits & Compensation Manager manages and develops a team of benefits and compensation professionals.

Essential Functions:

People Management:

• Leads, mentors, and develops a team of Compensation & Benefits professionals, fostering a collaborative environment.
• Conducts regular performance reviews, provides constructive feedback, and identifies opportunities for skill development within the team.

Benefits Program Management and Strategy:

• Oversees the design, implementation, and administration of employee benefits programs, including health insurance, retirement plans, and other perks.
• Ensures compliance with regulatory requirements related to employee benefits and stays abreast of changes in legislation affecting benefits administration.
• Evaluates and recommends new benefits programs to enhance the overall employee experience.
• Manages relationships with external vendors, including benefits providers, ensuring efficient and cost-effective services.
• Negotiates contracts and agreements with vendors to optimize benefits offerings and control costs.
• Analyzes benefits data to provide insights and recommendations for decision-making.
• Generates regular reports for leadership, highlighting key metrics related to benefits programs.

Compensation Program Management and Strategy:

• Designs and implements competitive and equitable compensation structures that align with the organization's business objectives.
• Conducts regular market analyses to ensure the company's compensation packages remain competitive and compliant with industry standards.
• Collaborates with leadership to develop and communicate clear compensation policies, guidelines, and salary structures.
• Develops and updates compensation and benefits policies, ensuring alignment with legal requirements and industry best practices.
• Collaborates with legal and compliance teams to ensure adherence to employment laws and regulations related to compensation and benefits.
• Collaborates with HR Business Partners to provide support on compensation matters during employee lifecycle events such as promotions, transfers, and terminations. 
• Analyzes compensation data to provide insights and recommendations for decision-making.
• Generates regular reports for leadership, highlighting key metrics related to compensation programs.

Employee Relations and Education:

• Addresses and resolves employee inquiries and concerns related to compensation and benefits.
• Communicates compensation and benefits policies and changes to employees in a clear and transparent manner.
• Conducts training sessions to educate employees and managers on the organization's compensation and benefits offerings.
• Performs other duties as assigned.

Education and Experience:

• Bachelor's degree in Human Resources, Business Administration, or a related field. Master's degree or relevant certification (e.g., Certified Compensation Professional – CCP, Society for Human Resource Management – SHRM, Professional in Human Resources – PHR, Certified Employee Benefit Specialist – CEBS, etc.) is a plus.
• A minimum of five years experience in compensation and benefits management, with a deep understanding of market trends and regulatory requirements.

Skills/Abilities:

• Excellent communication and interpersonal skills for effectively engaging with employees, executives, and external partners.
• Strong analytical skills, with the ability to interpret data and make data-driven recommendations.
• Strong project management skills, with the ability to lead and implement compensation and benefits initiatives.
• Proficient with Microsoft Office Suite, or other related software.
• Knowledge of HRIS (Human Resources Information System) and compensation management tools.
• Familiarity with labor laws and regulations governing compensation and benefits.
• Able to demonstrate a deep understanding of compensation principles and benefits administration.
• Able to stay abreast of market trends and take a proactive approach to addressing the evolving needs of both the company and its workforce

Work Environment:

• Office environment with some travel required.

Physical Demands:

• Prolonged periods of sitting at a desk and working on a computer.
• Manual dexterity associated with data entry required.
• Must be able to lift up to 15 pounds at times.