Compensation and Benefits Director jobs in Illinois

Compensation and Benefits Director manages the design, implementation, administration, communication, and ongoing evaluation of the organization's compensation and benefits programs, policies, and procedures. Ensures that compensation and benefits programs support the organization's business objectives and meet all legal requirements. Being a Compensation and Benefits Director develops and manages compensation and benefits budgets. Oversees compensation processes, including survey participation, job evaluation, salary structure development, base pay administration, incentive plan design and analysis. Additionally, Compensation and Benefits Director manages benefits planning and programs including health and welfare, retirement, and work life. May select and manage outsourced providers. Requires a bachelor's degree. Typically reports to top management. The Compensation and Benefits Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Compensation and Benefits Director typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)

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Director of Compensation and Benefits
  • Metropolitan Family Services
  • Chicago, IL FULL_TIME
  • If asked to describe the culture at Metropolitan Family Services, we could do that in one word. COMMUNITY! Reflected in both our internal culture as well as through the services we provide, community is at the heart of all we do.

    Metropolitan Family Services (MFS) empowers families to learn, to earn, to heal, to thrive. Part mentor, part motivator, part advocate, since 1857, Metropolitan Family Services has been the engine of change that empowers families to reach their greatest potential and positively impact their communities. Are you looking to have an impact on more than just a company’s bottom line? Then we’d love to hear from you!

    We are currently looking to fill a new role, Director of Compensation & Benefits, which will oversee all aspects of compensation and benefits for MFS. This position will ensure that our organization remains compliant and competitive in the marketplace, that employees are equitably and fairly compensated within departments, and that all aspects of company benefits programs align with organizational goals and support employees’ overall well-being.    

    As the Director of Compensation and Benefits at MFS, you can look forward to a competitive base salary as well as:

    • Generous PTO equal to 6 weeks annually as well as 12 paid holidays
    • Market Competitive Parental Leave
    • 401k plan with employer match
    • Additional benefits include multiple medical coverage options, dental, vision, wellness initiatives and an Employee Assistance Network

    SALARY: 

    Compensation is commensurate with years of related experience, position requirements, and candidate qualifications. The average annual salary for the position is $120,000.

    ESSENTIAL JOB FUNCTIONS:

    • Develop a comprehensive compensation and benefits strategy aligned with the organization's mission, values, and long-term goals.
    • Design and implement a compensation framework that supports the recruitment of quality candidates, and retainment of current MFS staff and ensures the framework remains relevant over time.
    • Supervise the benefits team.
    • Develop and continuously review and improve upon the benefit offerings at MFS to ensure they are aligned with the strategy and support the recruitment of quality candidates, and retainment of current MFS staff.
    • Conduct regular benchmarking and market research to evaluate the competitiveness of the compensation and benefits packages offered and use this data to make informed recommendations about adjustments and enhancements.
    • Oversee the annual salary review process, including working with Executive Leadership to set annual salary increase budgets.
    • Research and make recommendations and cost analysis of new comp and ben offerings which could include pay-for-performance models, flexible benefit offerings, companywide or program-based bonus offerings, etc.
    • Oversee the development and maintenance of a job evaluation system to ensure that roles are appropriately classified and compensated based on factors such as responsibilities, skills, and market rates.
    • Provide guidance and support to managers and HR staff on compensation-related matters, including job leveling (or pay equity), new hire offers, promotions, and market salary adjustments.
    • Ensure that the organization remains in compliance with all relevant federal, state, and local regulations governing compensation and benefits.
    • Ensure that all program, state, and federally mandated compensation adjustments are identified and implemented in a timely manner and in accordance with requirements.
    • Oversee all aspects of employee benefits programs, including health insurance, retirement & pension plans (e.g., 401(k)), life insurance, disability coverage, and other voluntary benefits.  
    • Serve as the primary point of contact for benefits vendors, brokers, and consultants including negotiating contracts, monitoring service levels, and ensuring compliance with contractual agreements.
    • Oversee the annual open enrollment process, including communication campaigns, enrollment meetings, and coordination with benefits providers.
    • Work closely with the HR team to ensure that changes to compensation and benefits programs are communicated effectively to employees.
    • Collaborate with the Director of HR Systems and Services to ensure best practices and greatest value.

          QUALIFICATIONS:

          • Bachelor’s degree in Human Resources Management, Business Management, Finance or a related field from an accredited university or college required; Master’s degree preferred.
          • Minimum of 7 years of experience in compensation and benefits management, preferably in a nonprofit or social services organization.
          • Minimum of 2 years of successfully leading a team of direct reports with additional project management experience being a plus.
          • Strong preference for CEBS and/or CPP
          • Strong understanding of compensation and benefits best practices, trends, and regulations.
          • Excellent analytical skills with the ability to interpret data and make data-driven recommendations.
          • Experience with HRIS systems and design to ensure compensation & benefits modules are developed and interact with other modules, reflecting the business needs and utilizing the system to the greatest value add.
          • Intermediate Excel skills as a minimum requirement.
          • Strong financial skills and a high level of business acumen required.
          • Proven leader who can effectively lead a team through change.
          • Ability to create high-level presentations and present data to varying levels in the organization including Executive Leadership
          • Able to convince and persuade with the use of data and facts.
          • Ability to work effectively with diverse individuals and groups.

              ADDITIONAL REQUIREMENTS:

              • Satisfactorily pass all relevant screening and criminal background checks.
              • Ability to work a flexible schedule including some evenings and/or weekends if needed.
              • MFS staff are required to provide proof of vaccination or have an approved medical exemption prior to starting employment. If an approved medical exemption is obtained, weekly testing may be required. 

              PHYSICAL DEMANDS 

              • While performing the essential duties of this job, the employee is required to sit and stand for sustained periods, frequently talk, hear, use hands and fingers to feel, handle, and operate objects or controls, and occasionally stand, bend, stretch, stoop, kneel and crouch.
              • The employee is required to have close visual acuity to perform an activity such as preparing and analyzing data and figures, transcribing, and viewing a computer terminal.
              • The employee may occasionally lift and/or move up to 50 pounds.

              MORE ABOUT US:

              Metropolitan Family Services empowers families to learn, to earn, to heal, to thrive. Part mentor, part motivator, part advocate, since 1857, Metropolitan Family Services has been the engine of change that empowers families to reach their greatest potential and positively impact their communities. Metropolitan is Illinois' first comprehensive human services agency and reaches more than 117,000 individuals and families in Chicago, Evanston/Skokie, the southwest suburbs, and DuPage County with services promoting education, economic stability, emotional wellness, and empowerment.  

            • 12 Days Ago

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            Compensation and Benefits Manager
            • Accord Intermediate Holdings Inc
            • Alsip, IL FULL_TIME
            • DescriptionAccord Carton is seeking a talented Compensation and Benefits Manager to join our dynamic team and play a vital role on our Human Resources team. If you are a positive, inquisitive and deta...
            • 3 Days Ago

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            Compensation & Benefits Specialist
            • Robert Half
            • Lombard, IL OTHER
            • We are offering a contract employment opportunity for a Compensation & Benefits Specialist located in Lombard, Illinois. The role involves analyzing, designing, and administering compensation programs...
            • 4 Days Ago

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            Compensation & Benefits Specialist
            • FUCHS LUBRICANTS CO.
            • Harvey, IL FULL_TIME
            • FUCHS Is The World's Largest Independent Supplier Of Innovative Lubrication Solutions, Covering Almost Every Industry And Application. Our Products And Solutions Keep The World Moving Even Though They...
            • 11 Days Ago

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            Compensation & Benefits Specialist
            • Fuchs Lubricants Co.
            • Harvey, IL FULL_TIME
            • MOVING YOUR WORLD by focusing on your success: FUCHS offers a challenging and rewarding working environment where employees are encouraged to develop and grow. We stand behind our core values: trust, ...
            • 25 Days Ago

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            Sr. Compensation and Benefits Analyst
            • Atkore
            • Harvey, IL FULL_TIME
            • Sr. Compensation and Benefits Analyst Who we are:Atkore is forging a future where our employees, customers, suppliers, shareholders, and communities are building better together – a future focused on ...
            • 2 Months Ago

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            Assistant Manager of Nursing ICU - Relocation Offered!
            • MEDSTAR HEALTH
            • Clinton, MD
            • General Summary of Position Unit Highlights Join our dynamic healthcare team as an Assistant Nurse Leader (ADON) for our...
            • 6/12/2024 12:00:00 AM

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            Critical Care Paramedic: Flight and Ground
            • MEDSTAR HEALTH
            • Lanham, MD
            • General Summary of Position Provides comprehensive emergency medical care to the critically ill and injured during helic...
            • 6/12/2024 12:00:00 AM

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            Assistant Vice President of Clinical Operations - Relocation Offered!
            • MEDSTAR HEALTH
            • Washington, DC
            • General Summary of Position The AVP of Clinical Operations coordinates and communicates with providers, members or other...
            • 6/12/2024 12:00:00 AM

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            Director, Denial Management & Prevention - Relocation Offered!
            • MEDSTAR HEALTH
            • Baltimore, MD
            • General Summary of Position The Director, Denial Management & Prevention is responsible for directing and administering ...
            • 6/12/2024 12:00:00 AM

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            Assistant Manager of Nursing Medical Surgical - Relocation Offered!
            • MEDSTAR HEALTH
            • Clinton, MD
            • General Summary of Position The Assistant Director of Nursing is a member of MedStar Health entity-based Division of Nur...
            • 6/12/2024 12:00:00 AM

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            Senior Compensation Partner
            • Intercom
            • San Francisco, CA
            • Intercom is an AI-first customer service platform that helps businesses deliver better, faster, more personalized suppor...
            • 6/9/2024 12:00:00 AM

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            Compensation Manager
            • HDR
            • Omaha, NE
            • At HDR, our employee-owners are fully engaged in creating a welcoming environment where each of us is valued and respect...
            • 6/8/2024 12:00:00 AM

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            Financial Planning and Analysis Director
            • Hiring Now!
            • Baltimore, MD
            • Director of FP&A Summary:The Director of FP&A will be responsible for compiling and leading all aspects of the financial...
            • 6/8/2024 12:00:00 AM

            Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
            Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
            Income Estimation for Compensation and Benefits Director jobs
            $179,511 to $235,855

            Compensation and Benefits Director in Boston, MA
            AWS provides developers and their organizations with building blocks that allow them to innovate faster and to operate their software more efficiently and effectively.This leader will come into the role without a playbook, but should have a history of driving innovation and finding new solutions, which lead to tangible results and compensation and equity programs that align senior management with shareholder value and drive achievement of business objectives.
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            Compensation and Benefits Director in Gary, IN
            Compensation and benefits managers are not legally required to be certified.
            December 10, 2019
            Compensation and Benefits Director in Little Rock, AR
            Most compensation and benefits managers work full time and may work long hours.
            December 30, 2019