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Payroll & Benefits Specialist
Career Insights for Compensation / Benefits Specialist
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Scorecard
Based on Wisconsin data
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What they do
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.
$61,488 / year median in Wisconsin
+1% projected growth
Job Description
Essential Job functions:
- Review daily timecards and work with supervisors on data corrections.
- Confirm all vacation requests are approved timely.
- Maintain accuracy of employee data in payroll system (UKG), including wage changes, new employee setup, transfers, benefit elections/deductions, and direct deposit account information.
- Manage garnishment payments and other court-ordered deductions in accordance with applicable requirements.
- Prepare biweekly payroll for all company employees.
- Maintain confidential employee benefit records and documentation.
- Audit benefit enrollment, eligibility, deductions, and employee demographic information between UKG and benefit vendor systems to identify and resolve discrepancies.
- Reconcile monthly payroll deductions with vendor billing statements.
- Contact and meet with newly eligible employees to review benefit options.
- Educate employees and assist them with selections for: o Health insurance o Dental Insurance o Vision Insurance o Short Term Disability o Long Term Disability o Life insurance o Hospital Indemnity Insurance o Critical Illness Insurance o Accident Insurance o 401k plan
- Work with benefit vendors and benefits brokers to help employees answer questions regarding coverages.
- Complete employer responses for government provided health insurance questionnaires for employees.
- Assist employees filing for short-term or long-term disability.
- Coordinate payments for benefits from employees on leave of absence.
- For open enrollment: o Schedule employee meetings. o Communicate enrollment deadlines and required actions to employees. o Assist employees with enrollment questions and system issues throughout the open enrollment period. o Audit open enrollment elections and payroll deductions for accuracy.
- Coordinate quarterly 401k educational meetings with 401k vendor to be on site and update new eligible employees quarterly with vendor.
- Assist with the 401k audit, providing documentation from employee files as needed.
- Bilingual skills are a plus and highly valued but are not a requirement of the position.
- Associate degree in HR related field preferred but not required.
- Proficient computer skills and prior experience with MS Word, MS Excel and MS Outlook.
- 6 months related administrative experience preferred but not required.
- Excellent verbal and written communication skills; strong interpersonal skills. Must be able to communicate professionally with all levels of staff.
- Very organized and detail oriented, capable of accepting and completing work assignments with minimal supervision in a highly motivated manner once entry level training is complete.
- Capable of handling high-pressure situations professionally in a fast-paced environment.
- Ability to maintain a high degree of confidentiality is required.
- Available to meet with employees on all shifts as required.
- Ensure accuracy in projects, proofreading skills and practices great attention to detail.
- Must be a self-starter, proactive and able to take the lead on tasks with minimal direction.
- Ability to travel as needed to cover benefit enrollment for all locations.