Manager Compensation and Benefits

Versiti is a fusion of donors scientific curiosity and precision medicine that recognize the gifts of blood and life are precious. We are home to the world-renowned Blood Research Institute we enable life saving gifts from our donors and provide the science behind the medicine through our diagnostic laboratories. Versiti brings together outstanding minds with unparalleled experience in transfusion medicine transplantation stem cells and cellular therapies oncology and genomics diagnostic lab services and medical and scientific expertise. This combination of skill and knowledge results in improved patient outcomes higher quality services and reduced cost of care for hospitals blood centers hospital systems research and educational institutions and other health care providers. At Versiti we are passionate about improving the lives of patients and helping our healthcare partners thrive.

Under the direction of the Director-Total Rewards the Manager-Compensation & Benefits will be responsible for developing implementing and managing our total rewards programs to ensure they are competitive equitable and aligned with our organizational goals. In addition the Manager Compensation & Benefits will be an integral member of the team to establish direction and long range compensation and benefit strategy for the organization. Incumbent acts as Secretary to the Retirement Benefits Plan and Benefits Plans Committees.

Benefits
Versiti provides a comprehensive benefits package based on your job classification. Full-time regular employes are eligible for Medical Dental and Vision Plans Paid Time Off (PTO) and Holidays Short- and Long-term disability life insurance 7% match dollar for dollar 401(k) voluntary programs discount programs others.

• Total Rewards Strategy: Develop and implement total rewards strategies that attract retain and motivate top talent while ensuring internal equity and external competitiveness.
• Market Analysis: Conduct regular market analysis to benchmark our total rewards packages against industry standards and ensure our offerings remain competitive. Manage salary and benefits surveys participation to ensure practices programs and offerings are informed by the current market.
• Budget Management: Manage the total rewards budget and forecast program costs in collaboration with the Finance team.
• Compliance: Ensure compliance with all relevant regulations and laws governing total rewards practices including FLSA EEO ERISA ACA HIPAA COBRA and other regulatory requirements.
• Communication and Education: Develop communication strategies to educate managers and employees on total reward policies practices processes and programs to promote understanding and transparency.
• Data Analysis: Analyze total rewards data and metrics to identify trends opportunities and areas for improvement and make data-driven recommendations to enhance our total rewards programs.
• Collaboration: Collaborate with HR partners finance and business leaders to align total rewards strategies with organizational objectives and priorities.
• Compensation Management: Compensation Policy Development: Develop and maintain compensation policies and procedures to ensure consistency and compliance. Job Evaluation: Lead job evaluation processes to ensure accurate exemption status job classifications and appropriate compensation levels. Design and maintain career ladder structure for multiple job families and functions. Salary Structure: Design and maintain salary structures ensuring they are equitable transparent and scalable to support organizational growth. Pay Equity Analysis: Conduct pay equity analyses to ensure fairness and compliance with equal pay regulations. Variable Pay Programs: Develop implement and manage variable pay programs including bonuses incentives and commission structures to drive performance and reward achievement. Long-Term Incentive Programs: Work closely with CEO and CHRO to align long-term incentive programs for a non-profit organization. Performance Management: Integrate overall performance management into compensation strategies to support employee development drive a pay-for-performance culture and align to organizational goals. Manage the merit increase process including setting guidelines and managing budget allocations.
• Benefits Management: Plan Design and Administration: Design and administer employee benefit and wellness plans Vendor Management: Evaluate and select benefits vendors manage relationships with benefits providers and ensure optimal service delivery. Wellness Programs: Design and implement wellness programs to promote employee health and well-being and encourage full utilization of offerings. Open Enrollment: Manage the open enrollment process including planning communication and support for employees during enrollment periods. Employee Assistance Programs (EAPs): Oversee EAPs to support employees mental and emotional well-being. Retirement Plans: Manage retirement plans such as 401(k) 403(b) and 457(b) ensuring they are competitive and well-administered. Leave Management: Administer various types of employee leave including FMLA parental leave and other leave programs. Cost Analysis and Optimization: Analyze and optimize benefits costs while maintaining or improving the quality of offerings.
• Performs other duties as required or assigned which are reasonably within the scope of the duties in this job classification
• Understands and performs in accordance with all applicable regulatory and compliance requirements
• Complies with all standard operating policies and procedures

Education

• Bachelors Degree in Human Resources Business Administration or related field experience required
• Masters Degree In Human Resources Business Administration or related field preferred

Experience

• Minimum of 8 years of experience in total rewards compensation or benefits with a demonstrated track record of success in developing and implementing total rewards programs. required
• Prior experience leading and developing staff required

Knowledge Skills and Abilities

• In-depth knowledge of total rewards best practices market trends and regulations. required
• Strong analytical skills with the ability to interpret complex data and draw meaningful insights including designing and developing detailed PowerPoint presentations to deliver key compensation and benefit information to executive teams required
• Working knowledge of HR laws and practices impacting employee benefits required
• Demonstrated understanding and ability to design and implement processes associated with benefit changes required
• Proven program and project management; Strong planning and organizational skills required
• Analytical and problem solving skills; working knowledge conducting complex calculations and analysis to determine benefits costs and ROI. Strong business acumen to understand business implications of benefits cost models. Strong sense of urgency must be results and action oriented. required
• Experience in the design development and writing of comprehensive benefits communications including employee portal enrollment campaigns ongoing programs required
• Track record of building and maintaining strong customer and cross-functional relationships while providing excellent customer service and the ability to work independently and with all levels of management and staff in support of strategy execution required

Licenses and Certifications

• Certified Compensation Professional (CCP) preferred
• Certified Employee Benefits Specialist (CEBS)-IFEBP preferred

Tools and Technology

• Proficiency in HRIS systems and total rewards software. required
• Advanced Microsoft Suite skills (e.g. Excel PowerPoint) required
• Personal and network computer required
• Printer fax and copy machines required
• General use of phone and internet communication tools and online meetings required

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