What are the responsibilities and job description for the Total Rewards Analyst position at Morton Salt?
Description
Morton Salt is an iconic company with a strong heritage and a bright future. Since 1848, we have been improving lives and enhancing everyday moments – at home, at work and virtually everywhere in between. We help unlock the flavors in food, make roads and sidewalks safer, improve the water in baths, pools, and homes, and keep businesses and industries running. We are a dedicated team who constantly strives to do better together, and we are passionate about building a sustainable future for our company, the communities in which we operate, and the world around us. By joining our team, you will contribute to producing and delivering every form of salt that enhances everyday life.
Job Summary
This role is responsible for analyzing the organization’s compensation and benefit programs. The jobholder will implement comprehensive total rewards strategies in alignment with company goals and objectives. The jobholder will lead research, data analysis, and reporting relating to the design and enhancement of competitive compensation and benefit offerings. The jobholder will provide data-driven insights to support business decisions, optimize employee satisfaction, and deliver solutions to leaders and employees.
Duties and Responsibilities
- Generate and audit reports on total rewards trends to support data-driven decision-making and ensure program effectiveness.
- Communicate relevant total rewards policies and programs to both employees and management in a clear and accessible manner.
- Collaborate with the benefits team, HRIS team, and HR leaders to ensure seamless integration and execution of total rewards strategies and initiatives.
- Conduct market research to analyze benefit trends and ensure the company remains competitive in the talent marketplace. Review and assess benefit plan offerings for cost-effectiveness and employee satisfaction.
- Support the management, optimization, and ongoing evaluation of all employee benefit plans to maximize value and engagement.
- Research Canadian and U.S. federal, state, and local regulations pertaining to compensation and benefits. Ensure all total rewards programs remain compliant with applicable laws and regulations.
- Create the preparation of presentations, reports, and documentation for leadership meetings related to the total rewards program.
- Prepare and deliver compensation and benefits-related training to managers and employees, promoting awareness and understanding of available programs and policies.
- Identify areas for process improvements. Maintain accurate and up-to-date process documentation for all total rewards programs and procedures.
- Assist in implementing new tools or technologies to enhance the effectiveness of the compensation and reward function.
Knowledge, Skills, and Abilities
- Bachelor’s degree required.
- 3 years of experience administering compensation, health/welfare, disability, and retirement plans. disability, and retirement benefits.
- Experience in Microsoft Office (Word, Excel, PowerPoint).
- Experience in UltiPro/UKG preferred.
- Knowledge of local, state, and federal compensation laws and regulations in both U.S and Canada, including PPACA, ERISA, IRC, DOL, FMLA, ADAA, COBRA, HIPAA.
- Knowledge of technical aspects of benefits and compensation administration (government reporting obligations).
- Ability to professionally handle highly confidential HR data.
- Excellent written and oral communication skills.
- Self-starter who can independently manage multiple projects, prioritize effectively and consistently execute with excellence.