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Lake Trust Credit Union
Brighton, MI | Full Time
$83k-100k (estimate)
3 Months Ago
Total Rewards Specialist
$83k-100k (estimate)
Full Time | Banking 3 Months Ago
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Lake Trust Credit Union is Hiring a Total Rewards Specialist Near Brighton, MI

Total Rewards Specialist

This position is located in Brighton, Michigan.

More Than A Job!
Why do you work each day? To us, our jobs are not just something we do to make a living, it’s a way to live. We work to support our members; whether celebrating moments of joy, finding a solution to an obstacle, or offering encouragement through a time of struggle. The worth of our work isn’t measured in dollars and cents, it’s seen in our communities and felt by the people who believe in us.
Benefits Include

  • Financial Wellbeing Services
  • 401(K) matching up to 5%
  • Heath Insurance with Wellness Incentives
  • Employee Wellbeing Services
  • DE&I Initiatives
  • Work-Life Balance

Job Summary
The Total Rewards Specialist provides support in the implementation, administration, and communication of Lake Trust Credit Union’s total rewards programs. The incumbent in this role leads the compensation, well-being and other total rewards initiatives while providing support and contribution's to the ongoing development of the most competitive, well designed total rewards strategy possible.

Total Rewards Specialist

What you’ll do

  • Provides support in the administration welfare plans including health, dental, life, vision, disability and voluntary benefit plans in compliance with federal regulations and Lake Trust Credit Union policy.
  • Assists in the management of vendor relationships; coordinates request for proposals, and assists in project management related to the implementation of new systems or services.
  • Researches industry trends, survey data and best practices to determine and recommend cost effective and competitive total reward solutions consistent with organizational goals and objectives.
  • Provides enhanced support in the administration welfare plans including health, dental, life, vision, disability, voluntary benefit plans, and open enrollment in compliance with federal regulations and Lake Trust Credit Union policy.
  • Develops and analyzes metrics for the total rewards team.

What you’ll bring

  • Bachelor’s Degree in Business Administration, Human Resources, Industrial/Organizational Psychology, Organizational Development, Management Information Systems, or a related field is required.
  • A combined total of two or more years of progressively responsible work experience in two of the following areas is required: compensation, benefits, HRIS, payroll, and/or well-being is required.
  • A graduate degree in one of the above disciplines from an accredited college or university may be substituted for up to one (1) year of experience.
  • Demonstrated experience in successfully managing multiple tasks and complex projects simultaneously is required.
  • Requires thorough knowledge of applicable Human Resource laws and regulatory compliance in Compensation & Benefits (i.e., ACA, ERISA, FMLA, FLSA, OHSA, etc.)
  • Professional certifications in one or more areas of HR administration preferred (i.e., CCP, CBP, CEBS, PHR, SPHR, SHRM)

Total Rewards Specialist II

What you’ll do

  • Leads small and large scale classification and compensation projects of varying complexity, sensitivity, providing analysis, and making determinations at a professional level.
  • Leads the administration of the annual merit program along with any special merit increase initiatives.
  • Manages and leads PayFactors system enhancements.
  • Provides enhanced support in the administration welfare plans including health, dental, life, vision, disability, voluntary benefit plans, and open enrollment in compliance with federal regulations and Lake Trust Credit Union policy.
  • Assists in the management of vendor relationships; coordinates request for proposals, and assists in project management related to the implementation of new systems or services.

What you’ll bring

  • Bachelor’s Degree in Business Administration, Human Resources, Industrial/Organizational Psychology, Organizational Development, Management Information Systems, or a related field is required.
  • A combined total of four or more years of progressively responsible work experience in two of the following areas is required: compensation, benefits, HRIS, payroll, and/or well-being is required.
  • A graduate degree in one of the above disciplines from an accredited college or university may be substituted for up to one (1) year of experience.
  • Demonstrated experience in successfully managing multiple tasks and complex projects simultaneously is required.
  • Requires thorough knowledge of applicable Human Resource laws and regulatory compliance in Compensation & Benefits (i.e., ACA, ERISA, FMLA, FLSA, OHSA, etc.)
  • Professional certifications in one or more areas of HR administration preferred (i.e., CCP, CBP, CEBS, PHR, SPHR, SHRM).

What you’ll get
We know that pay and benefits are important. And, we’ve really got that covered. But, we also know that those are not the only things that you need to decide if this is the place for you. Join our team of Lake Trusters and you’ll enjoy:

  • Working with an energetic team focused on making our members wildly successful
  • An opportunity to work with others that have your back every step of the way
  • Opportunities to make a difference both inside and outside of our walls
  • Being treated like you are more than the work you do

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$83k-100k (estimate)

POST DATE

02/07/2024

EXPIRATION DATE

06/01/2024

WEBSITE

laketrust.org

HEADQUARTERS

LANSING, MI

SIZE

50 - 100

TYPE

Private

CEO

JANE KILE

REVENUE

<$5M

INDUSTRY

Banking

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The following is the career advancement route for Total Rewards Specialist positions, which can be used as a reference in future career path planning. As a Total Rewards Specialist, it can be promoted into senior positions as a Compensation and Benefits Analyst IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Total Rewards Specialist. You can explore the career advancement for a Total Rewards Specialist below and select your interested title to get hiring information.