Senior Compensation & Benefits Specialist
Northwest Federal Credit Union, Herndon, VA, United States
The Senior Compensation & Benefits Specialist plays a key role in shaping a competitive and rewarding employee experience. In this role, you will lead our compensation efforts-driving market pricing, salary structure maintenance, and incentive program design-while also supporting our benefits, wellness, and leave programs. This is a high impact opportunity for someone who loves data, thrives on building strong compensation programs, and wants to help elevate our total rewards strategy.
Responsibilities
Lead market pricing and benchmarking efforts, maintain and update salary structures, and support the administration of annual compensation processes
Participate in compensation surveys and conduct market pricing and benchmarking to ensure competitive pay practices
Partner with the HRIS manager to support the administration of annual incentive programs, including individual performance bonuses and executive bonus structures
Collaborates with leadership to evaluate and develop incentive plans
Research and recommend enhancements to existing bonus structures-ensuring programs that remain competitive, equitable, and aligned with organizational goals
Conduct research on industry trends and best practices related to incentive compensation
Review and approve promotion and salary adjustment requests, ensuring alignment with market data and internal equity
Leave Program Administrator
Assist in the administration of company leave programs-including FMLA, state programs, ADA accommodations, STD, and LTD
Guide employees and managers through complex leave cases
Partner with TPAs, payroll, and carriers for accurate tracking
Produce reporting on leave trends
Benefits & Wellness Administration
Support the design, administration, and compliance of the company's health and wellness programs, including medical, dental, vision, prescription drug coverage, FSAs/HSAs, disability plans, life insurance, EAP, and wellness initiatives
Support the management of the company's retirement plans (401(k), 457(b), and 409A)
Coordinate wellness initiatives and events
Manage benefits and wellness communications
Qualifications
Bachelor's (BA/BS) degree preferred or equivalent experience
Minimum of 5 years experience in compensation, benefits, and leave administration
Strong knowledge of compensation principles
Experience with compensation tools such as CompAnalyst
Experience administering FMLA, ADA, STD/LTD, and retirement programs
Understanding of wellness program compliance (ERISA, HIPAA)
Strong Excel and HRIS skills; experience with UKG Pro preferred
Effective oral and written communication skills
High attention to detail and confidentiality and strong communication skills
Demonstrated ability to analyze data, identify trends, and apply strong critical thinking to solve complex problems
Ability to work on-site in our Herndon, VA headquarters
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Responsibilities
Lead market pricing and benchmarking efforts, maintain and update salary structures, and support the administration of annual compensation processes
Participate in compensation surveys and conduct market pricing and benchmarking to ensure competitive pay practices
Partner with the HRIS manager to support the administration of annual incentive programs, including individual performance bonuses and executive bonus structures
Collaborates with leadership to evaluate and develop incentive plans
Research and recommend enhancements to existing bonus structures-ensuring programs that remain competitive, equitable, and aligned with organizational goals
Conduct research on industry trends and best practices related to incentive compensation
Review and approve promotion and salary adjustment requests, ensuring alignment with market data and internal equity
Leave Program Administrator
Assist in the administration of company leave programs-including FMLA, state programs, ADA accommodations, STD, and LTD
Guide employees and managers through complex leave cases
Partner with TPAs, payroll, and carriers for accurate tracking
Produce reporting on leave trends
Benefits & Wellness Administration
Support the design, administration, and compliance of the company's health and wellness programs, including medical, dental, vision, prescription drug coverage, FSAs/HSAs, disability plans, life insurance, EAP, and wellness initiatives
Support the management of the company's retirement plans (401(k), 457(b), and 409A)
Coordinate wellness initiatives and events
Manage benefits and wellness communications
Qualifications
Bachelor's (BA/BS) degree preferred or equivalent experience
Minimum of 5 years experience in compensation, benefits, and leave administration
Strong knowledge of compensation principles
Experience with compensation tools such as CompAnalyst
Experience administering FMLA, ADA, STD/LTD, and retirement programs
Understanding of wellness program compliance (ERISA, HIPAA)
Strong Excel and HRIS skills; experience with UKG Pro preferred
Effective oral and written communication skills
High attention to detail and confidentiality and strong communication skills
Demonstrated ability to analyze data, identify trends, and apply strong critical thinking to solve complex problems
Ability to work on-site in our Herndon, VA headquarters
#J-18808-Ljbffr