Principal Comp & Benefits Specialist (Remote)

Position Title: Principal Compensation & Benefits Analyst

A Day in the Life

The Total Rewards Program Manager will report to the Global Senior Total Rewards Director and be the subject matter expert for compensation and benefits for our global team. The successful candidate will be responsible for a variety of rewards functions, including but not limited to compensation, benefits, data management, and reporting.

We’re looking for a collaborative, customer-oriented team player who enjoys new challenges and has a continuous learning mindset. We need you to bring your passion, fresh thinking, and unique perspective to support our mission of helping people live better, fuller lives.

This position can reside in Minneapolis, MN or work remote within the US.

Responsibilities

• Partner with functional leaders to address rewards, retention needs, and development of total rewards communications and trainings; provide advice on total rewards strategy (e.g. promotions/transfers, job offers, relocations) including policy and guideline interpretation.
• Conduct in-depth competitive research, analysis, and modeling for compensation programs including annual increase budgets, trends and impacts, equity utilization, ongoing pay equity analysis, and financial impact of incentive design scenarios, using compensation tools and systems.
• Partner with the Total Rewards Leader & Leadership team to design, evolve and align programs; lead projects for key compensation initiatives such as compensation structure design and implementation, market benchmarking, career path/ladder formation, sales plans, and short- and long-term incentive programs. Prepare materials for quarterly Compensation Committee meetings.
• Administer global all-employee benefits programs, including ERISA and 401(k); prepare and manage 5500s and related audits.
• Support Senior Total Rewards Director in determining overall global strategy for health and wellness, including benefits enhancements, open enrollment administration and wellness initiatives.
• Integral team member, supporting the global organization with rewards, benefits, and recognition offerings to engage and celebrate our employees.
• Performs merit analysis benchmarking (including position analysis, leveling evaluations, and pricing) and updates ranges and structures. Manage core broad-based compensation program activities (e.g., Annual Reward Planning). This role will be accountable for performing daily and administrative functions for the benefits programs, including medical / dental / vision insurance, life and disability, 401k, insurance, COBRA, health savings accounts (HSAs) and flexible savings accounts.
• Tracking of retention and bonus payments, documentation and policy items
• This individual will play a critical role in supporting the HRIS (Dayforce) to support Global HR rewards planning, data, analysis and reporting.

Minimum Requirements

Bachelor’s degree with 7+ years of a combination of compensation & benefits experience with demonstrated progression in responsibility or, an advanced degree with 5+ years of compensation & benefits experience with demonstrated progression in responsibility

Nice to have:

• Deep knowledge of executive and non-executive compensation programs including equity planning and practices, base salary, variable pay and performance management, job evaluation, data analysis, research and predictive and project modeling
• Strong problem-solving aptitude, creative, flexible and consultative; strong sense of business needs and making decisions based on data and emerging priorities; high integrity and accountability
• Working knowledge of best practices related to Compliance and reporting requirement; Plan administration; Wellness Programs and Employee Benefits Plans; Leave Administration
• Experience working in a fast-paced, growth environment
• Mastery level excel skills needed to prepare various spreadsheets, reporting and to analyze data
• Ability to handle highly sensitive, proprietary, and confidential information appropriately
• Strong analytical skills with an emphasis on key insights, trends, issue identification and recommendations
• Detail-oriented, proven ability to track, prioritize and drive to success multiple concurrent projects by analyzing data and driving sound decision-making
• Understanding of global compensation and benefits trends, regulations and reporting
• Ability to listen and use critical thinking to assess the needs and communicate accurate information concerning process, plans and procedures in a collaborative, team-based manner
• A working knowledge of ERISA, COBRA, Internal Revenue Codes (as they apply to health and welfare plans), and other statutes governing employer sponsored benefit plans is needed for this position

Why Work with Us?

Working here is highly rewarding – we have the privilege of helping kidney patients experience greater freedom, improved outcomes and a renewed passion for life.

It’s essential our team members feel valued, supported and empowered too. That’s why we provide a comprehensive total rewards package and opportunities to grow, develop and give back to the communities where we live and work – helping you reach your potential and enjoy a career full of life-changing possibilities.

Physical Job Requirements

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orient

ation, gender identity, national origin, disability, or status as a protected veteran.