A Compensation or Benefits Specialist evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.
This position is responsible for day-to-day processing of participant and company payroll transactions for the Alsco 401(k) Savings Plan and various union pension plans. The position analyzes activity in the plan, and prepares reports for management, outside auditors, and to the record keeper / trustee. This position assists the department during the annual open enrollment, presentations regarding 401k/pension with new office managers/HR managers and meets with general office new hires to review the 401k benefits. This position reports to the Benefits Manager.
Hourly base pay:
$24-$27
You Will:
Update, audit, and track records for 401(k) participants. Manage union pension records within HRIS system. Prepare and reconcile company and participant contributions to be transmitted to the record keeper. Problem solve by means of direct communication with 401(k) participants. Report and analyze as required by Alsco's outside auditors. Interpret plan provisions for participants and branch HR personnel. Participate in department discussions and contributing to efforts to improve the administration of the 401(k) Plan. Other retirement plan and/or benefit related projects as assigned.
What You Bring:
Knowledge of basic accounting principles, including the ability to reconcile accounts. Bachelor's degree in business, accounting, or equivalent related work experience preferred. Proficient computer skills in Microsoft Office. Good organizational, administrative, and communication skills. Some working knowledge of ERISA-qualified retirement plans. Ability to work independently and to meet deadlines. 1 - 2 years direct experience in the administration of a 401(k) Plan. Exceptional verbal and written communication skills in English, ability to comprehend and follow direction and excellent time management skills. Proven ability to multi-task and take ownership of projects, strong attention to details and accuracy. Strong organizational skills and ability to meet deadlines.
Work Environment and Requirements:
Physical Demands/Requirements consist of standing, sitting, walking, stooping, reaching overhead, grasping, seeing, reading, speaking, hearing, and occasional lifting up to 25 lbs. Indoor office environment. Travel is required 2-4 times per year.
Our Benefits:
401 K Plan with Company Match Medical, Dental, Vision, and FSA/HSA Life Insurance, Disability Insurance Vacation, Sick Time, Holidays Employee Assistance Program (EAP) Benefits may vary for positions covered by a collective bargaining agreement. Fo r a general description of benefits that are being offered for this position, please visit alsco.com/benefits.
About Us:
We are Alsco Uniforms. We've been committed to our customers since 1889, proudly pioneering the uniform and linen rental industry and growing into a global leader serving over 350,000 customers across 13 countries. We provide exceptional service and create solutions that strengthen our customers' operations. At Alsco, our diverse workforce drives performance, innovation, and exceptional service. We're looking for individuals who want to build a rewarding career while making a meaningful impact. Explore how Alsco helps you build a successful career with competitive compensation, benefits, and ongoing opportunities for growth. Join our team and build your career with Alsco Uniforms!
Classification :
Non-exempt Equal Opportunity Employer:
Alsco Uniforms provides equal employment opportunities to all applicants and employees without regard to race, color, religion, national origin, age, sex, gender, pregnancy, disability, sexual orientation, gender identity, genetic information, military status, protected veteran status, or any other status protected by applicable federal, state, or local law. The Company also provides reasonable accommodation to qualified individuals with disabilities in accordance with applicable law. Thank you for your interest in joining Alsco Uniforms. Employment is contingent upon successful completion of background and drug screening. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
