Director, Compensation & Benefits

Please Note: HuFriedyGroup was divested from STERIS on May 31, 2024.  We are currently in a transition period, working to re-establish our own HuFriedyGroup Careers site and job posting pages. Until the new site and pages are ready, career opportunities that are specific to jobs at HuFriedyGroup will continue to be published on the STERIS site. Our Talent Acquisition team will be working diligently to ensure a positive and seamless experience for our candidates.

 

HuFriedyGroup is a leading manufacturer of dental instruments and infection prevention products. Our 10,000-plus products, hand-crafted by highly skilled artisans, are known for their precision, performance, longevity, reliability, and quality. To help dental professionals be The Best in Practice, HuFriedyGroup provides a unique combination of world class products, value-added services, clinical education, and dental community platforms that result in superior clinician performance  and enhanced safety for dental professionals and their patients. Working at HuFriedyGroup is so much more than a job, as every employee has a part in driving and supporting the organization’s inspirational vision to be a global force in advancing dental performance through Best-In-Practice dentistry that improves lives around the world.

Position Summary

This position is responsible for applying compensation and benefits and HRIS knowledge and subject matter expertise.  Designs, plans, and manages all Total Rewards programs, including compensation and benefits programs, policies, and procedures. Responsible for reviewing programs, suggesting modifications, and ensuring achievement of competitive market position and other goals identified.  Responsible for ensuring programs meet employee needs, comply with legal requirements, and are cost effective. Ensures the compensation and benefits programs enhance the organization's ability to attract and retain employees.  Works closely with the HRIS/HR lead to ensure HRIS system is up to date and operational. 

Responsibilities

• Analyzes and manages existing benefits programs and policies, including all health and welfare programs, and the 401(k) retirement plan.  Ensures plans are competitive from a plan design and administration standpoint and makes recommendations for cost control and improvement.  Works closely with CHRO and consultants on annual renewals and benefits strategy.  Oversees and administers all activities for employees, including open enrollment, employee changes, and activities related to new hires and terminations.  Coordinates communications related to employee compensation benefits activities, including preparing and conducting presentations for Senior Leaders and the organization. 
• Manages all aspects of corporate compensation programs on a global level.  Partners with other members of HR and Management to ensure jobs are priced according to market and the corporate compensation philosophy.  Develops and processes incentive plans and payments.  Develops recommendations for compensation adjustments based on benchmarks and market trends.  Participates in external compensation surveys.
• Promotes wellness programs to employees through active, ongoing initiatives and communications (i.e. health screens, wellness education).  Develops and administers programs to promote employee health including physical fitness, weight-reduction, smoking cessation, early-detection and related programs. 
• Works closely with HRIS/HR lead to ensure that the HRIS system is up to date with all system changes, including employee demographics, benefits, and payroll.  Partners with IT to identify and implement efficiencies administering the HRIS program as well as any upgrades.  
• Maintains an ongoing effort to determine and maintain equity with current benefit trends and legislated requirements and programs.  Works closely with brokers and counsel to ensure plans remain in compliance, including annual 5500 filings, audits, communications, amendments, and plan documents.  Assures compliance with all applicable federal and state statutes, including (but not limited to) ERISA, HIPAA, FMLA, and ADA.
• Achieve financial objectives by preparing and actively managing the benefits operational budget, scheduling expenditures, analyzing variances, making recommendations and initiating improvements.  
• Work on global compensation and benefits projects.  Investigates and provides recommendations on new compensation and benefits programs in different areas of the world where the company operates.  Includes, but not limited to:  market-pricing of global positions, recommending ancillary health and welfare benefits packages, and retirement programs in various countries.    
• Maintains records of cost of benefits and compiles data for cost analysis.  Reconciles and processes all benefits related invoices, as well as ensures the tracking of disab