What are the responsibilities and job description for the Total Rewards Specialist position at Graco?
Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life.
The Total Rewards Specialist will be responsible for supporting the design, implementation, communications, and administration of Graco’s total rewards plans and programs. The role will help ensure that our compensation, benefit, and recognition programs are aligned with business objectives, competitive with the market, and effective in attracting, motivating, and retaining talent. In addition, the Total Rewards Specialist will assist in ensuring that all programs comply with applicable laws and regulations across different regions, and continuously seek ways to improve the efficiency, effectiveness, and employee satisfaction of these programs.
What You Will Do at Graco
- Assist in developing and administering total rewards plans and programs, including global salary structures, factory wage reviews and step progressions, incentive plans, health and welfare plans, retirement plans, stock programs, and recognition programs
- Act as an internal consultant to HR business partners and leaders on basic and some intermediate compensation and benefit related matters to ensure consistent plan/program administration; serve as point of escalation for MyHR on more complex total rewards questions from employees
- Assist with cyclical total rewards programs and processes including the annual merit review process, benefits open enrollment, incentive plan payouts, and stock grants
- Support the effective administration of sales, marketing, and other incentive compensation plans by coordinating data management, calculating and auditing payouts, partnering with payroll and HRIS on processing payments, communicating with finance and sales leadership, and conducting analyses on plan payouts and performance
- Lead the survey participation process by consulting with compensation, benefit, and regional HR partners on survey selection, serving as primary point of contact for survey vendors, and administering the market pricing tool (MarketPay)
- Identify opportunities to improve the efficiency and effectiveness of total rewards programs and implement changes; evaluate and revise internal processes; and document and maintain administrative procedures for assigned total rewards processes
- With direction, evaluate jobs for internal equity and external competitiveness, conduct market analyses, and communicate findings and results to HR partners and management
- Lead the administration of retiree benefit programs, including enrollment for retiree medical plans, updating and maintain the retiree database, and communications with retirees
- Process monthly billing invoices and reconciliation, and track benefit plan and total rewards vendor expenses
- Partners with the HRIS & Analytics team on maintaining, enhancing, and testing systems used to administer total rewards plans and programs; maintain accurate employee data within the HRIS system (Workday); and monitor interfaces with compensation and benefits vendors
- Ensures compensation and benefit plans, programs, and practices remain legally compliant by monitoring changes in laws and regulations and proactively recommending program updates to maintain compliance
What You Will Bring to Graco
- Bachelor’s degree in Human Resources or related field or equivalent combination of education and/ or experience
- 1 years Human Resources experience preferred, preferably within Compensation or Benefits
- Basic knowledge of compensation and benefits practices (job evaluation, health and welfare plans, retirement plans, other reward programs)
- Good oral and written communication skills
- Strong attention to detail, organizational and analytical skills, and ability to handle multiple priorities
- Good customer service orientation, flexible and adaptable to change, team player, and continuous improvement mindset
- Working knowledge of Microsoft Office Word, Excel, PowerPoint, and Access
- Ability to handle confidential employee information with discretion and exercise sound judgment
- Experience with Workday and MarketPay preferred
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At Graco, you truly make a difference. Your unique talents contribute to our organizational growth and future. Not only do you make a difference, but Graco’s culture empowers employees to create their own career path. Whether you choose to advance within your current department or explore new opportunities in different divisions, you have the ability to build your future. Our managers are here to provide support and guidance as you continue to grow within your career.
Graco has excellent opportunities available to individuals who want to be part of a fast-moving, growing company that is committed to quality, innovation and solving fluid handling problems for our customers. Graco is proud to be named a Best Place to Work by Fortune Magazine in 2016, 2018, 2019, 2021 & 2022. Graco offers attractive compensation, benefits and career development opportunities. Graco’s comprehensive benefits include medical, dental, stock purchase plan, 401(k), tuition reimbursement and more.
Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit
www.dhs.gov/E-Verify
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The base pay range for this position is listed below, exclusive of fringe benefits or other compensation. If you are hired, your final base hourly rate will be determined based on factors such as geographic location, skills, competencies, education, and/or experience. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.
$54,300.00 - $95,100.00Salary : $54,300 - $95,100
