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SCN BestCo
Santa Cruz, CA | Full Time
$91k-110k (estimate)
2 Weeks Ago
Compensation & Benefits Specialist
SCN BestCo Santa Cruz, CA
$91k-110k (estimate)
Full Time 2 Weeks Ago
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SCN BestCo is Hiring a Compensation & Benefits Specialist Near Santa Cruz, CA

We believe being healthy should not require tradeoffs. SCN BestCo is a leading innovator, developer and manufacturer of Vitamin, Mineral & Supplement (VMS), Over-the-Counter (OTC) and prebiotics/probiotics in enjoyable forms such as gummies, lozenges and chews. With over 50 years of excellence, our team leads the way in changing how consumers make healthier choices. With unique food science expertise and proprietary processes, we’ve pioneered many firsts. The fire in our belly to create new to the world products has guided and continues to be core to our mission of making health and wellness more enjoyable. Come join us and become a part of our winning formula!

The Compensation & Benefits Specialist is responsible for supporting the compensation and benefits functions across multiple sites. This position is primarily responsible for administration of retirement, health, and welfare employee benefit programs, as well as maintaining relevant system data, supporting job evaluations, preparing, and maintaining job descriptions, helping employees with benefit- and HRIS-related questions or issues, and collaborating with other departments and external vendors. The Compensation & Benefits Specialist also plays a key role in support of annual open enrollment, incentive program, and merit increase activities, as well as the administration of various wellness programs.

Estimated starting annual base salary is $33.93 - $50.89 per hour less applicable withholdings and deductions, paid on a bi-weekly basis. Please note that the actual compensation offered may vary based on relevant factors as determined by the Company, which may include, but is not limited to, location, experience, qualifications, education, skillset, and market conditions. The target base compensation for this role is in the low to middle of the range, with the top of the range reserved for only exceptional circumstances. In addition, this role is eligible for a discretionary, variable annual incentive, paid based on Company performance factors. SCN BestCo offers a competitive benefits package to eligible full-time employees, which currently includes medical, dental, and vision plans, 401(k) with employer matching contributions, life insurance, paid time off, tuition reimbursement, and more, as well as paid sick leave in accordance with applicable law. Each benefit is subject to eligibility requirements as specified in plan documents, and the Company reserves the right to modify the benefits it offers from time to time

Essential Duties and Responsibilities

  • Administer all benefit programs including but not limited to medical, dental, vision, life/disability, flex/health savings accounts, 401(k), and COBRA.
  • Support the administration of incentive and compensation programs.
  • Assist employees with day-to-day benefits and HR Information System (HRIS) inquiries in a timely manner.
  • Review, coordinate, and maintain all benefits processes timely, which may include enrollments, terminations, pending transactions or employee record updates and/or employee files.
  • Review and process monthly billings, data transfer to external contacts for services, premiums, and/or plan administration for all lines of coverage.
  • Support compensation related activities in HRIS including creating/updating jobs, salary grades, as well as reviewing employee setup to ensure accuracy.
  • Document and maintain administrative procedures for assigned benefits processes.
  • Work with management and Human Resources (HR) to prepare and update job descriptions.
  • Participate in job evaluation processes including market benchmark identification, job leveling, band placement, and determination of exempt/nonexempt status.
  • Coordinate and/or support annual open enrollment, life events, merit increase, and incentive program processes including preparing analyses, updating HRIS data/setup, and coordinating live and/or virtual employee events.
  • Work with vendors and plan carriers on status updates, issues reconciliation, and information sharing.
  • Coordinate with carriers and HR on Leave of Absences to ensure proper coverage and management of benefits deductions.
  • Participate in salary surveys, as directed, and support analysis of the results.
  • Maintain knowledge of industry and market trends, benefits-related technology, labor law, ERISA, and healthcare reform initiatives to ensure plan compliance with federal and state laws governing both compensation and benefits practices.
  • Resolve HRIS issues, act as troubleshooter, create/update user guides, and work closely with HRIS vendor (UKG) to support upgrades, enhancements, testing and the roll out of new modules.
  • Contribute to analysis, decision-making, and compliance through the design and preparation of reports of employee data contained in the HRIS.
  • Help with various wellness initiatives and events throughout the year in partnership with HR, vendors, and other staff.
  • Travel, as needed (~10%), to support Total Rewards activities at company sites, attend conferences, training, etc.

Required Qualifications

Education & Experience:

  • Associates degree in business administration, human resources, or related field, or commensurate combination of education and work experience.
  • 4 years’ professional benefits administration experience.

Knowledge, Skills, & Abilities (KSAs):

  • Bilingual in English/Spanish.
  • Solid understanding of different benefit plans (retirement, health & welfare insurance, etc.).
  • Sound knowledge of regulatory and legislative imperatives and impacts related to Total Rewards programs (FLSA, Sec 125, ERISA, 409A, HIPAA, etc.)
  • Proficiency in Microsoft Office including Word, Outlook, and PowerPoint, with expertise in Microsoft Excel.
  • Familiarity with HRIS, preferably UKG (Ultimate, Kronos, etc.).
  • Excellent written, verbal, and interpersonal communication skills
  • Strong prioritization, teamwork, detail orientation, organizational, and analytical skills.
  • Strong professional maturity and discretion.
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
  • Must have the ability to communicate effectively, both verbally and in writing, with internal staff and management. Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
  • Must be able to demonstrate practical problem solving and trouble shooting skills. Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Preferred Qualifications

  • Bachelor’s degree in a relevant field.
  • Relevant certification (PHR, SHRM-HR, CCP, CBP, CEBS, etc.).
  • Professional compensation and/or wellness program administration experience.
  • Microsoft BI reporting experience.
  • Manufacturing industry experience.

Job Summary

JOB TYPE

Full Time

SALARY

$91k-110k (estimate)

POST DATE

05/01/2024

EXPIRATION DATE

06/29/2024

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The following is the career advancement route for Compensation & Benefits Specialist positions, which can be used as a reference in future career path planning. As a Compensation & Benefits 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 Compensation & Benefits Specialist. You can explore the career advancement for a Compensation & Benefits Specialist below and select your interested title to get hiring information.