What are the responsibilities and job description for the Compensation and Benefits Manager position at Austin Telco Federal Credit Union?
Description :
Are you passionate about leveraging technology and tools to streamline compensation and benefits processes? Can you balance organizational goals with employee needs to create fair and competitive compensation strategies tailored to a mission-driven credit union? Are you passionate about fostering a people-first culture that prioritizes employee satisfaction and retention?
If so, we are excited to announce a new opportunity for a Compensation and Benefits Manager here at Austin Telco Federal Credit Union! If you're committed to fostering a culture of growth and excellence in the financial industry, apply now to be an integral part of driving Austin Telco toward True success.
Summary : The primary role of the Compensation and Benefits Manager is to be a strong leader on benefits and compensation, including the processing of semi-monthly payroll. This pivotal role involves conducting thorough compensation analyses across the entire organization, crafting and refining compensation levels tailored to job families and roles, and conducting detailed job analyses and evaluations for emerging positions. It also includes the administration of and education about our comprehensive benefits package for staff.
This role involves having an overall knowledge of all human resource functions. The Compensation and Benefits Manager promotes and upholds the credit union's mission, values, and culture. They provide outstanding communication and service to employees, serving as an example of an engaged employee while also supporting overall employee engagement throughout the credit union.
Compensation :
This salary is commensurate with experience.
Benefits include medical, dental, vision, holiday pay, vacation and sick leave, 401(k), pension, tuition reimbursement, volunteer opportunities, business casual attire, and more!
Location :
11149 Research Blvd, Austin, TX, 78759. This is an onsite position.
What you'll be doing : Must effectively carry out the essential duties and responsibilities of this position in a manner that champions and promotes Austin Telco's mission, core values, and culture; contributes positively to achieving business plan objectives, goals, and outcomes; and demonstrates professionalism, empathy, and respect in all interactions. May perform other duties as assigned.
Compensation and Payroll :
- Develops, implements, and administers creative and competitive solutions around compensation (base, bonuses, and incentive plans) and HRIS practices and programs.
- Regularly analyzes the company's competitive employment position around total rewards and makes cost-effective recommendations consistent with the company's objectives and competitive practices.
- Manage annual compensation review processes, including salary increases and bonus allocations.
- Prepare and present compensation reports and recommendations to senior management.
- Is the payroll expert. Makes recommendations for payroll-related policies. Provides training as needed (i.e., managers, team members) to ensure compliance and full utilization of tools.
- Process semimonthly payroll for employees, including reviewing and importing hours from the time and attendance system, confirming direct deposit information, and administering regulatory requirements, e.g., garnishments, tax levies, support orders, and other adjustments to pay as necessary.
- Develop an in-depth understanding of payroll software and HRIS. Create reports on demand.
- Responsible for month-end duties, including approving HR-related invoices and ensuring timely payment.
- Maintains vendor contact for HRIS and benefits-related activities.
Benefits Responsibilities :
Additional Skills and Abilities :
Requirements : Required :
Preferred :
Good credit standing is also required and will be verified during the pre-employment stage. Once a contingent job offer is made, a criminal background check and drug screening will be completed.
Austin Telco Federal Credit Union is a member owned, not-for-profit financial cooperative that has been serving the Austin Community since 1941. We seek individuals who want to help build True Financial Futures for the communities we serve and for themselves as career-oriented people. We're looking to grow our teams with those who have strong values and a desire to build up themselves and the community they call home.
Austin Telco Federal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
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