Comp and Benefits Manager

Under the direction of the Director of Human Resources, the Comp and Benefits Manager is responsible for the design, administration, governance and continuous improvement of Standard Process’ total rewards programs, including employee benefits, 401k and Profit-Sharing plans, compensation, wellness and onsite daycare. This role ensures programs are competitive, cost-effective, compliant and aligned with the company’s talent strategy, business objectives and employee experience. The position provides leadership for self-funded health and wellness benefit programs, compensation programs, Workday Benefits functionality, corporate wellness initiatives and relationships with benefit brokers, on-site childcare partner and wellness contractors. The Comp and Benefits Manager will work collaboratively with HR, Finance, Payroll, Legal, IT, external advisors and business leaders to develop and deliver programs that are aligned with the company’s holistic approach to health and wellness.

Location: This position is required to be on-site at our headquarters in Palmyra, Wisconsin.

Benefits Package Standard Process is proud to offer a comprehensive and competitive benefit package, which includes:

• Competitive salary and annual incentive program
• Comprehensive health care and flexible benefit plan, including pet insurance
• Company-matched 401(k) plan
• Profit sharing plan
• Monthly Standard Process supplement allowance
• Paid vacation and holiday time
• Monthly car allowance
• Gas reimbursement
• Phone reimbursement
• Educational assistance
• Access to Life Coaches
• Company hosted outings and events
• Strong community involvement

Essential Functions Benefits Program Leadership

• Oversee all self-funded benefit programs, including medical, prescription drug, dental, vision and other applicable plans.
• Manage relationships with benefit brokers, insurance carriers, third-party administrators, and other benefit vendors.
• Develop and manage the company’s comprehensive employee benefit and wellness strategy, balancing employee needs, market competitiveness, cost management and business objectives.
• Lead the annual benefits renewal process, including vendor negotiations, cost analysis, plan recommendations, and implementation.
• Oversee annual open enrollment planning.
• Ensure benefit programs are administered in accordance with applicable federal and state laws and regulations.
• Oversee benefit plan documentation, required notices, compliance reporting, audits, and vendor performance.
• Develop and manage an effective benefits communication strategy to ensure that all plans are well understood and valued by the employees.

Retirement Plan Administration

• Oversee administration and governance of the company’s retirement programs, including 401(k), profit sharing and non-qualified deferred compensation.
• Coordinate plan operations, eligibility, enrollment, contributions, distributions and employee inquiries.
• Coordinate annual compliance testing, plan audits, required filings and plan document updates with appropriate external partners.
• Support retirement plan committee activities, meetings materials and documentation.

Compensation Programs

• Develop, administer and continuously improve compensation programs.
• Manage salary structure, job evaluation, market pricing, salary grades and compensation benchmarking for all roles.
• Administer annual merit, salary adjustment, incentive and bonus processes in collaboration with Finance and business leaders.
• Maintain compensation policies, procedures and approval practices across the organization.

Workday Benefits System Administration

• Serve as the HR functional owner for Workday Benefits, including business processes, configuration requirements, eligibility rules, plan setup, event processing, and benefit-related reporting.
• Partner with HRIS, Payroll, IT and benefits vendors to maintain integrations, data mapping, file feeds and data quality.
• Oversee testing and validation for system releases, annual enrollment changes, plan updates and integration modifications.

Corporate Wellness

• Develop, oversee and continuously recommend improvements to our corporate wellness programs that support employee wellbeing, engagement, preventive care and healthy workplace practices.

Qualifications

Education:

• Bachelor’s degree in Human Resources, Business Administration, Finance or related field required

Certifications/Licenses:

• SHRM-CP preferred
• CEBS preferred

Experience:

• 7-10 years of progressive HR and benefits management experience.
• Demonstrated experience with self-funded health plans is required.
• Experience with Workday Benefits administration, configuration, reporting and integrations, or comparable HRIS functionality is strongly preferred.
• Experience with retirement plan administration and external recordkeepers, advisors, and administrators is strongly preferred.
• Experience managing compensation structure, market benchmarking and annual compensation processes is preferred.
• Experience managing external vendors, budgets, contracts and cross-functional projects Manufacturing or other multi-workforce environment experience preferred.

Specialized Knowledge and Skills:

• Strong analytical and problem-solving skills.
• Ability to translate complex data into practical recommendations for leadership.
• Strong project management, communication, negotiation and relationship management capabilities.
• Experience with HR technology, data integrity, reporting and process improvement.
• Sound judgement in handling confidential employee, compensation, claims and financial information.

Other

Travel Requirements:

• Less than 5% travel required to other Standard Process locations

Work Environment and Physical Demands:

• This job operates in a professional office environment and routinely uses standard office equipment such as computers, keyboards, and phones. This is a sedentary role; however, this role may also have to do some light lifting of supplies and materials from time to time.

Apply today and become part of the Standard Process family!

Standard Process understands the importance of diversity and believes in providing equal employment opportunity for all employees and applicants for employment. Accordingly, all personnel decisions, including but not limited to hiring, compensation, promotions, training, benefits, termination, or other terms and conditions of employment, are made without regard to age, race, creed, color, disability, veteran status, marital status, sex, national origin, ancestry, arrest or conviction record, sexual preference, genetic information, or any other legally protected characteristic in accordance with law.