Benefits & Compensation Manager

The Benefits & Compensation Manager is responsible for the design, implementation, and administration of all benefit and compensation programs for NABRICO Marine Products. This role ensures that total rewards strategies are competitive, cost-effective, and aligned with business objectives, while supporting employee engagement and retention across a multi-site manufacturing environment. This position plays a critical role during organizational transition, including benefits vendor selection, 401(k) plan establishment, and ensuring continuity and clarity of employee offerings. Key Responsibilities Benefits Strategy & Administration Lead the design, implementation, and ongoing administration of health, welfare, and retirement benefit programs Serve as primary liaison with benefits brokers, consultants, and vendors Oversee open enrollment planning, employee communications, and program education Ensure seamless transition and implementation of benefits programs in a post-transaction environment Manage compliance with ERISA, ACA, COBRA, HIPAA, and other regulatory requirements Compensation Strategy & Administration Design and manage compensation programs for hourly and salaried employees, ensuring internal equity and external competitiveness Lead annual merit planning process, including budget modeling, calibration, and leader guidance Partner with leadership on job evaluations, promotions, and market pricing Support and administer incentive programs (STI, attendance programs, production incentives, etc.) Conduct compensation analysis and provide recommendations using market data and internal trends 401(k) & Retirement Programs Lead the transition and establishment of the standalone

NABRICO 401

(k) plan (including plan termination/spin-out considerations if applicable) Partner with vendors (e.g., recordkeepers, advisors) to ensure smooth implementation and administration Oversee company match, employee contributions (pre-tax and Roth), and loan administration Provide clear communication and education to employees during transition and ongoing plan participation Analytics & Reporting Develop and maintain compensation and benefits dashboards (turnover, cost analysis, participation rates, etc.) Provide data-driven insights to leadership to support decision-making Monitor trends and recommend program adjustments to improve retention and engagement Compliance & Risk Management Ensure all compensation and benefits programs comply with federal, state, and local regulations Partner with legal and HR leadership to mitigate risk and ensure proper governance Maintain documentation, plan documents, and audit readiness Employee Communication & Experience Develop clear, concise communication materials explaining compensation and benefits programs Support leaders with talking points and FAQs (especially during transitions) Enhance employee understanding of total rewards to drive engagement and retention HR & Business Partnership Partner with HR Business Partners and Operations Leaders to align total rewards with workforce strategy Support talent acquisition efforts with competitive offers and market insights Participate in broader HR initiatives including engagement, retention, and workforce planning Scope of Responsibility Enterprise-wide responsibility for compensation and benefits programs Multi-site manufacturing workforce (hourly and salaried) Direct interaction with executive leadership, HR, Finance, and external vendors Qualifications Education & Experience Bachelor's degree in human resources, Finance, Business, or related field required 7+ years of experience in compensation and/or benefits administration Experience in manufacturing, industrial, or multi-site environments strongly preferred Experience with benefits transitions, M&A, or organizational startup highly desirable Knowledge & Skills Strong knowledge of compensation structures, market pricing, and incentive design Deep understanding of benefits regulations and compliance requirements (ERISA, ACA, etc.) Experience managing 401(k) plans and vendor relationships Strong analytical and financial modeling skills Excellent communication skills with the ability to translate complex information clearly High attention to detail and strong project management capability Leadership Competencies Demonstrates strong business acumen and financial mindset Drives execution with accuracy and accountability Build trust through transparency and consistency Navigates complexity and leads through change Influences stakeholders across all levels of the organization Working Conditions Primarily office-based with periodic travel to operating locations May require additional hours during key cycles (merit planning, open enrollment, transition milestones) Why Join NABRICO Marine Products This role offers a unique opportunity to build and shape total rewards programs from the ground up during a pivotal time for the organization. The Compensation & Benefits Manager will directly influence employee experience, retention, and the overall success of NABRICO Marine Products. MRN144