Demo

Compensation Benefits Specialist

Hamlyn Williams
New York, NY Full Time
POSTED ON 1/20/2025
AVAILABLE BEFORE 4/20/2025

Our banking client is looking for an experienced Human Resources specialist focusing on benefits and compensation practices to join their expanding team as they continue to experience growth within their U.S. business.

The Responsibilities of this role are as follows :

Time & Attendance

  • Manage mandatory leave requests for employees in sensitive roles and notify relevant departments to suspend access as required.
  • Gather and consolidate sensitive position and employee lists from all departments / branches.
  • Cross-check employee leave dates with sensitive position lists to ensure proper waiver documentation.
  • Support HR leave of absence policies and programs, including communication and administration.
  • Maintain the timekeeping system by updating new timekeepers, supervisors, schedules, statuses, and user groups and resetting passwords.
  • Provide timekeeping system training to employees at all levels as needed.
  • Review time and attendance records for accuracy and resolve discrepancies.
  • Calculate overtime for non-exempt night shift employees.
  • Prepare time and attendance reports for payroll processing.
  • Validate time-off balances against payroll period data.
  • Track and report accrued vacation, personal, and sick time.
  • Respond promptly to employee inquiries regarding lateness, vacation balances, and leave policies.
  • Assist with coordinating FMLA, PFL, personal, and medical leaves of absence.
  • Prepare annual PTO entitlements and distribute vacation planners.

Benefits Administration

  • Lead the design and implementation of the annual benefits plan and open enrollment process.
  • Oversee open enrollment by setting timelines, creating employee communication materials, delivering informational sessions, and ensuring accurate data.
  • Manage vendor relationships, including provider and broker selection and ensuring service quality.
  • Address complex benefits and leave inquiries with timely and courteous resolutions.
  • Prepare statistical and census data for benefit carriers and management.
  • Collaborate with benefit brokers to review annual benefits programs and propose design changes.
  • Make benefit recommendations to Executive Management for approval.
  • Facilitate employee, manager, and HR staff meetings regarding leave accommodations.
  • Ensure compliance with benefit and leave regulations, including ERISA, HIPAA, and ACA.
  • Monitor and analyze state and federal regulation changes, recommending updates to HR Management.
  • Audit Coordination / Employee Management / Special Projects

  • Act as a liaison between the department and internal / external auditors to manage information requests.
  • Generate monthly employee statistical reports, maintain staff lists, and address related inquiries.
  • Prepare articles and summaries for Head Office submissions.
  • Conduct business continuity and disaster recovery tests, including pre-and post-test documentation.
  • Participate in special projects and other assigned duties.
  • Qualifications

  • Bachelor’s degree in business, human resources, or a related field.
  • Minimum of 5 years of experience in attendance and benefits administration.
  • Comprehensive knowledge of CA, NY, and IL employment rules and tax laws.
  • Expertise in benefits administration, payroll processes, and procedures.
  • Experience handling highly confidential information.
  • Proficiency in expat agreements, fringe benefit calculations, and related taxation.
  • Strong problem-solving skills with a detail-oriented approach.
  • Extensive experience and knowledge of payroll systems and reporting.
  • Preferred certifications : CEBS, CCP, SPHR, PHR, SHRM-CP.
  • For more information on this role, or if you're looking for your next opportunity and looking to hire, please reach out : Jack Walsh | Consultant | j.walsh@HamlynWilliams.com | 929-460-8838

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Compensation Benefits Specialist?

    Sign up to receive alerts about other jobs on the Compensation Benefits Specialist career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $61,766 - $75,939
    Income Estimation: 
    $89,005 - $110,248
    Income Estimation: 
    $75,201 - $93,613
    Income Estimation: 
    $82,176 - $107,275
    Income Estimation: 
    $117,681 - $153,066
    Income Estimation: 
    $167,784 - $219,716
    Income Estimation: 
    $65,036 - $83,221
    Income Estimation: 
    $80,418 - $105,051
    Income Estimation: 
    $89,823 - $111,340
    Income Estimation: 
    $100,351 - $131,236
    Income Estimation: 
    $117,681 - $153,066
    Income Estimation: 
    $80,418 - $105,051
    Income Estimation: 
    $114,932 - $144,168
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Hamlyn Williams

    Hamlyn Williams
    Hired Organization Address San Francisco, CA Full Time
    Join a Stealth Mode Startup with Breakthrough Ultrasound Tech! Our Medical Device client is revolutionizing ultrasound i...
    Hamlyn Williams
    Hired Organization Address Wilson, NC Full Time
    We represent our client, a leading global biopharmaceutical company, in their search for an Automation Engineering Manag...
    Hamlyn Williams
    Hired Organization Address New York, NY Full Time
    Our financial services client is hiring a Vice President of Operational Risk to support risk oversight using the first a...
    Hamlyn Williams
    Hired Organization Address Dallas, TX Full Time
    Our Client is a global law firm in over thirty countries, handling some of the most complex and impactful legal matters....

    Not the job you're looking for? Here are some other Compensation Benefits Specialist jobs in the New York, NY area that may be a better fit.

    Compensation & Benefits Specialist

    Robert Half, New York, NY

    Sales Optimization Specialist

    Mortgage Benefits, Yonkers, NY

    AI Assistant is available now!

    Feel free to start your new journey!