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Benefits and Compensation Manager

Intersystems

Intersystems

Accounting & Finance
Cambridge, MA, USA
Posted on Saturday, May 4, 2024

Overview

The Compensation and Benefits Manager is responsible for administering, developing, and ensuring compliance with the Company’s benefits and compensation program. The position is directly responsible for ensuring operational excellence with all benefit and compensation plans. Also ensures compliance, market competitiveness, and sustainability of compensation, benefits, and leaves of absence in strong collaboration and partnership with the employees, managers, executives, and the global Human Resources team.

  • Administers the Company’s benefit plans and policies to ensure all plans support our Company culture and are positioned to be highly competitive in the market.
  • Maintain company-wide compliance with government regulations including FLSA and Equal Pay Act, DOL, wage and hour regulations, ERISA, 401(k), COBRA, HIPPA, FMLA, PMFL, and IRS regulations for all benefits and compensation plans.
  • Administers and ensures compliance with the Company’s leave of absence plans (STD and LTD) and compliance with all state and federal regulations and statutory requirements.
  • Provides data analysis as required and identifies trends and potential areas of development.
  • Develop strong partnership with brokers and key advisors to ensure compliance and market competitive benefit offerings.
  • Administers and develops compensation approaches and leveling in partnership with global human resources team.
  • Responsible for compensation policies and pay practices to develop competitive compensation plans, including utilizing competitive benchmark data and surveys.

Requirements

  • 10+ years of benefits administration experience
  • 5+ years of compensation administration with mid-size companies.
  • Subject matter expert with all benefit and compensation plans.
  • Excellent working knowledge and understanding of global benefits and compensation plans.
  • Extensive experience with complex, best-in class benefit and compensation plans.
  • Strong track-record of collaboration across multiple stakeholders.
  • Must have a solutions-focused approach.
  • Exceptional ability to listen and act as a resource to employees and managers. High degree of understanding, support, and empathy when dealing with employee benefits and leave related matters.
  • Bachelor’s degree in human resources, business administration, or related field.
  • Certified Employee Benefit Specialist (CEBS), Certified Compensation Professional (CCP), Global Remuneration Professional (GRP) and or Senior Human Resources Management Professional (SHRM-SCP) certification(s) strongly preferred.
  • Demonstrated success in partnering with finance and legal teams, global human resources and other key stakeholders.
  • Demonstrated experience in effective management of employee benefit plans including communication and education of plans to organization.
  • In-depth experience with ERISA, IRS, DOL audit and reporting and disclosure compliance, FLSA compliance and current working knowledge of HRIS systems.
  • Track record of successful collaboration and team leadership across multiple teams and stakeholders.


We are an equal-opportunity employer and do not discriminate because of race, color, religion, sex, national origin, ancestry, marital status, veteran status, age, disability, sexual orientation or gender identity or expression or any other legally protected category. InterSystems is an E-Verify Employer in the United States.

About InterSystems

Established in 1978, InterSystems provides innovative data solutions for organizations with critical information needs in the healthcare, finance, and logistics sectors and beyond. Our cloud-first data platforms solve interoperability, speed, and scalability problems for organizations around the globe. InterSystems also develops and supports data management in hospitals through the world’s most proven electronic medical record, as well as unified care records for health systems and governments through a powerful suite of healthcare data integration solutions. The company is committed to excellence through its award-winning, 24×7 support for customers and partners in more than 80 countries. Privately held and headquartered in Cambridge, Massachusetts, InterSystems has 25 offices worldwide. For more information, please visit InterSystems.com.