What are the responsibilities and job description for the Benefits and Compensation Analyst position at The Hinckley Company?
Description
Since 1928, Hinckley Yachts has continued to push boundaries of what’s possible on the water. Our heritage is built on bold ideas, uncompromising craftsmanship, and a relentless pursuit of excellence—principles that guide every yacht we design and every customer experience we deliver. Joining our team means stepping into an environment where precision, curiosity, and initiative are celebrated. Here, your work doesn't just support a legacy—it helps shape the future of yachting.
The Benefits and Compensation Analyst leads the design, implementation, and administration of total rewards programs for a multi-state workforce of hourly and salaried employees. This role ensures competitive, compliant compensation and benefits aligned with business goals.
Key Responsibilities:
Benefits
- Administer and optimize multi-state benefits programs, including a self-funded medical plan
- Manage vendors (TPAs, brokers, PBMs) and oversee renewals
- Monitor claims, utilization, and cost-control strategies
- Lead open enrollment and employee communications
- Advise leaders and employees on pay, benefits, and leave programs
Leave & Payroll Support
- Oversee leave programs (FMLA, state laws, disability) and benefits continuation
- Partner with payroll on multi-state compliance, taxes, and deductions
M&A Integration
- Support due diligence and integrate compensation and benefits programs
- Align pay practices, benefits, and vendors across acquired entities
- Lead communication and ensure compliance during transitions
Compliance & Strategy
- Ensure compliance with all federal and state regulations (ERISA, ACA, HIPAA, etc.)
- Conduct pay equity analysis and reporting
- Partner with leadership on total rewards strategy and workforce trends
Compensation
- Develop and manage pay programs across multiple states
- Establish salary bands, wage structures, and incentive plans
- Ensure compliance with FLSA and state/local wage laws
- Conduct benchmarking and maintain internal equity
Requirements
- Bachelor’s degree required; Master’s preferred
- 5–10 years of compensation/benefits experience
- Experience with salary structures and multi-state compliance
- Self-funded medical plan and M&A experience preferred
Skills:
- Expertise in wage & hour laws and total rewards programs
- Strong analytical, vendor management, and communication skills
Salary : $98,000 - $100,000