Total Rewards Manager

At Affinity Plus every employee understands how their work affects our members experience and we strive to provide an experience that can't be found anywhere else. Great service starts with great employees and that is why we focus on providing not only the best place our members will ever bank but the best place our employees will ever work. Between our one of a kind culture, incredible benefits, and work/life balance; we believe you will feel the Affinity Plus difference.

 

Position Overview:

The Total Rewards Manager is responsible for developing, implementing, and managing the organization’s Total Rewards strategy, including compensation, benefits, payroll, and recognition programs. This role requires a strong understanding of Total Rewards principles, market trends, and the ability to develop and execute comprehensive strategies that attract, retain, and motivate employees. Additionally this role ensures alignment with business objectives, market competitiveness, and compliance with relevant regulations. The Total Rewards Manager will work closely with the leadership team, HR team, and external vendors to optimize rewards programs that drive performance and an engaging employee experience.

 

Duties and Responsibilities:

Total Rewards

• Monitor and analyze Total Rewards trends; lead benchmarking initiatives and keeps abreast of market conditions and the talent landscape and adapt Total Rewards strategies as needed to ensure the organization remains competitive.
• Evaluate existing programs and processes; make recommendations for enhancements or improvements in support of initiatives or due to regulatory, technology or business needs.
• Develop impactful Total Rewards related HR Analytics, including ongoing reporting of dashboards and ad-hoc reports.
• Serve as a SME to Finance for cost assessments, monitoring performance to budget and forecasting of Total Rewards program costs.
• Use insights from compensation and benefits surveys and analyzes results to inform Total Rewards programs.
• Oversee the design and implementation employee recognition and reward programs that align with organizational values and goals and enhance employee engagement.
• Develop and deliver communications that enable employees, leaders, and candidates to understand and recognize the full value of the organization’s total rewards package, including compensation, incentives, benefits, time off, etc.
• Foster a culture of continuous improvement by leading process enhancements, system implementations, and data-driven decision-making within the total rewards function.

Compensation Management:

• Lead the design and administration of compensation programs, including job evaluation, job architecture salary benchmarking, budgeting, salary adjustments, incentive plans, and performance-based rewards.
• Manage compensation analytics and reporting, providing insights and recommendations to leadership.
• Oversee pay equity audits and make recommendations for adjustments to maintain equity in compensation practices.
• Provide compensation expertise to leadership and other stakeholders, advising on the organization’s compensation practices and programs.

Benefits Administration:

• Design, manage and oversee the administration and development of benefits, well-being and perks programs including but not limited to medical, dental, vision, life and disability insurance coverage, COBRA, and wellness benefit
• Partner with benefits vendors to negotiate and manage contracts, ensuring high-quality service delivery and cost-efficiency.
• Manage benefits enrollment, processes, employee communications, and invoices.
• Monitor benefits utilization and effectiveness, making recommendations for improvements or changes as necessary.
• Ensure compliance with regulatory requirements related to benefits programs.

Payroll Management:

• Oversee the payroll function, ensuring accurate and timely processing of employee salaries, bonuses, and other compensation.
• Ensure compliance with federal, state, and local payroll regulations, including tax withholdings, garnishments, legal, and other deductions.
• Coordinate with finance and accounting departments to reconcile payroll data and resolve any discrepancies.
• Implement and manage payroll policies and procedures to improve efficiency and accuracy.

HRIS and Data Analytics:

• Oversee the management and optimization of the HRIS and collaborate with HCM analyst to ensure Total Rewards functions are supported effectively.
• Ensure accurate data entry and integrity within the HRIS related to com