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Compensation and Benefits Manager

Company: Austin Telco Federal Credit Union
Location: Austin
Posted on: February 1, 2025

Job Description:

Description:Are you passionate about leveraging technology and tools to streamline compensation and benefits processes? Can you balance organizational goals with employee needs to create fair and competitive compensation strategies tailored to a mission-driven credit union? Are you passionate about fostering a people-first culture that prioritizes employee satisfaction and retention? If so, we are excited to announce a new opportunity for a Compensation and Benefits Manager here at Austin Telco Federal Credit Union! If you're committed to fostering a culture of growth and excellence in the financial industry, apply now to be an integral part of driving Austin Telco toward True success. Summary: The primary role of the Compensation and Benefits Manager is to be a strong leader on benefits and compensation, including the processing of semi-monthly payroll. This pivotal role involves conducting thorough compensation analyses across the entire organization, crafting and refining compensation levels tailored to job families and roles, and conducting detailed job analyses and evaluations for emerging positions. It also includes the administration of and education about our comprehensive benefits package for staff. This role involves having an overall knowledge of all human resource functions. The Compensation and Benefits Manager promotes and upholds the credit union's mission, values, and culture. They provide outstanding communication and service to employees, serving as an example of an engaged employee while also supporting overall employee engagement throughout the credit union.Compensation:This salary is commensurate with experience.Benefits include medical, dental, vision, holiday pay, vacation and sick leave, 401(k), pension, tuition reimbursement, volunteer opportunities, business casual attire, and more! Location: 11149 Research Blvd, Austin, TX, 78759. This is an onsite position.What you'll be doing: Must effectively carry out the essential duties and responsibilities of this position in a manner that champions and promotes Austin Telco's mission, core values, and culture; contributes positively to achieving business plan objectives, goals, and outcomes; and demonstrates professionalism, empathy, and respect in all interactions. May perform other duties as assigned.Compensation and Payroll:Develops, implements, and administers creative and competitive solutions around compensation (base, bonuses, and incentive plans) and HRIS practices and programs.Regularly analyzes the company's competitive employment position around total rewards and makes cost-effective recommendations consistent with the company's objectives and competitive practices.Manage annual compensation review processes, including salary increases and bonus allocations.Prepare and present compensation reports and recommendations to senior management. Is the payroll expert. Makes recommendations for payroll-related policies. Provides training as needed (i.e., managers, team members) to ensure compliance and full utilization of tools. Process semimonthly payroll for employees, including reviewing and importing hours from the time and attendance system, confirming direct deposit information, and administering regulatory requirements, e.g., garnishments, tax levies, support orders, and other adjustments to pay as necessary. Develop an in-depth understanding of payroll software and HRIS. Create reports on demand. Responsible for month-end duties, including approving HR-related invoices and ensuring timely payment.Maintains vendor contact for HRIS and benefits-related activities. Benefits Responsibilities:As the Employee Benefits expert, administers all employee & volunteer benefit programs such as medical, dental, vision, disability, retirement programs (Defined Contribution 401(k) & Defined Benefit Plans. Process tuition reimbursements, retirement notifications, workers compensation and life insurance claims. Providing education to new and current employees to gain an understanding of benefit plans and Enrollment. Provide in-depth benefit presentations for all new hires during the onboarding process. Plan Design: Conducts research, analyzes plan options, conducts cost analysis, and makes recommendations to SVP/CHRO.Responsible for data integrity for all employees.Employee Leaves: Effectively interprets FMLA and ADA implications as they relate to leaves of absences/disabilities.Administer annual open enrollment period. This includes preparation (or revision) and distribution of materials, conducting meetings to communicate to employees, and processing changes within deadlines. Address benefit inquiries to ensure timely and accurate resolutions.Additional Skills and Abilities: Must maintain a high level of confidentiality.Must be extremely organized and able to multi-task.Must be able to work independently with minimal supervision.Excellent written and verbal communication skills to effectively interact with internal and external stakeholders at all levels. Must be proficient in Excel and skilled in MS Office, including Word, PowerPoint, and Outlook.Knowledge of federal regulations related to labor laws and the HR area as a whole.Requirements:Required:High school diploma or G.E.D equivalent.One+ years of compensation experience, including payroll using a platform like Paylocity, ADP, or equivalent. Minimum of three years of heavy benefit administration.Knowledge of human resource laws and regulations.Understanding of human resource policies and programs.Thorough knowledge of state and federal regulations related to benefits administration.Preferred:A bachelor's degree in human resource management or business administration.Knowledge of Credit Union policies and procedures.Knowledge of Performance Pro and CompEase.Professionally certified in Human Resource Management (PHR, SHRM-CP, etc.).Good credit standing is also required and will be verified during the pre-employment stage. Once a contingent job offer is made, a criminal background check and drug screening will be completed. Austin Telco Federal Credit Union is a member owned, not-for-profit financial cooperative that has been serving the Austin Community since 1941. We seek individuals who want to help build "True Financial Futures" for the communities we serve and for themselves as career-oriented people. We're looking to grow our teams with those who have strong values and a desire to build up themselves and the community they call home. Austin Telco Federal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. PI1edbe916582d-25660-36435787

Keywords: Austin Telco Federal Credit Union, Austin , Compensation and Benefits Manager, Human Resources , Austin, Texas

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