What are the responsibilities and job description for the Payroll and Compensation Manager position at Hampton Products?
Under the supervision of the VP of HR, the Payroll and Compensation Manager is responsible for the strategy design, execution and maintenance of payroll, compensation, and benefits in alignment with the company’s culture and overall attraction and retention strategy.
Main responsibilities will be to:
- Own the payroll processing function from beginning to end, ensuring timeliness, accuracy and adherence to local, state and federal levels. Collaborate with payroll/HRIS system(s) point of contact to ensure maximized and accurate automation.
- Work with associates and leaders to resolve payroll discrepancies, generate reports and train others in report use and creation via the payroll system.
- Develop, implement, and maintain pay and benefit structures across the organization in compliance with federal, state, and local regulations, ensuring a strong link between performance and reward to support a high-performance culture.
- Work closely with benefits broker/partners to manage cafeteria benefits, including negotiations, design, open enrollment, plan implementation, benefits communications, etc.
- Design and generate reports to measure KPIs via payroll and other systems.
- Build and maintain strong, effective relationships with all stakeholders to ensure that the reward strategy is aligned with the business and talent strategy, including short-medium term priorities.
- Recommend, execute and maintain NQSO (Non-Qualified Stock Option) program through ADP and Shareworks.com systems.
- Create consolidated invoicing and expense allocation information timely and resolve discrepancies as they arise.
- Support colleagues in HR, acting as subject matter expert and the point of contact for all total rewards matters.
- Conduct market pricing analysis including job matching, job pricing, and reporting.
- Maintain job description library. Work with associates and leaders at all levels to ensure accurate job descriptions exist for all positions always.
- Own and maintain the HRIS (Human Resources Information System) platform, recommend and execute design changes, upgrades, etc.
- Partner with HR leadership and Finance to identify and recommend opportunities for process and program improvements.
- Conduct audits (internal and external parties) and stay apprised of legal updates to ensure compliance with federal/state/local regulations.
- Own the 401k audit and compliance process from engagement letter, to scheduling field audit work, gathering of requested documents, answering audit questions, coordination of filing form 5500, etc.
- Manage physical and digital employee files, and other documentation through document retention policy.
- Submit cyclical compliance reports, including, but not limited to ACA, BLS, EEO, PCORI, EEO-1, CA Pay Reports, etc.
- Process month-end and year-end payroll reporting with finance/accounting and create ad-hoc reports on as-needed basis.
- Foster positive working relationships, interact professionally and ethically, as a collaborative team member or leader in pursuit of common organizational goals.
The successful candidate will have the following:
- Bachelor's degree (B. A.) from four-year college or university in HR, business, finance, or related discipline and no less than 5 years of progressive experience in payroll, compensation and benefits administration, or equivalent combination of education and experience.
- Master level experience with ADP Workforce Now payroll software system, including HRIS and record retention.
- Strong experience managing NQSO through Shareworks or similar software.
- Solid experience successfully processing payroll for multistate employees.
- Microsoft Office software programs, with expert level knowledge of Excel, Word, Dynamics, Power Point, Visio, etc.
- Familiarity with benefits platforms such as 401k, medical, LOA, and other benefits.
- Bilingual (English-Spanish) is required.
- Strong attention to detail and outstanding interpersonal skills.
- Solid knowledge of month-end and year-end payroll reporting processes with finance/accounting understanding.
- Solid experience creating and maintaining compensation structures, from job description to maintenance.
- Solid knowledge of benefits plans with proven success analyzing, recommending, and managing benefit plans.
- Ability to come up with creative solutions to technical problems.
- Ability to work on multiple projects at once, without losing focus on the main purpose for each project.
- Certified Payroll Professional (CPP), World at Work Certified Compensation Professional Certification (CCP), preferred.
- Ability “read between the lines” when gathering and analyzing data to make complex information easy to understand.
- Strong business acumen.
If you are interested or know someone who may be, please contact Linda Weber in HR!
A full job description is available in the Human Resource Department. The salary range for this
position is $80k- $110k /year). Actual compensation offered may vary from posted hiring range based
upon geographic location, work experience, education, certification requirements and/or skill level and
will be finalized at the time of the offer. Hampton Products is an Equal Opportunity Employer.
Salary : $80,000 - $110,000