Rise Baking Company, LLC logo

Senior Compensation and Benefits Analyst

Rise Baking Company, LLC
  • Minneapolis, MN
  • $135,000–$150,000 Per Year
2 days ago

Job Description

Job PurposeLead the design, administration, and continuous improvement of Rise Baking Company's compensation and benefits programs, ensuring pay structures, incentive plans, and health and welfare benefits are market-competitive, internally equitable, and compliant. Serve as the lead resource on compensation and benefits matters, advising HR leadership and people managers on pay decisions and program design and translating market data into actionable recommendations to the Director of Total Rewards.Essential Functions--- Compensation Program Design & Administrationo Manage the design and administration of the annual compensation cycle, including salary structure design and maintenance, market pricing, merit planning, incentive administration, pay equity analyses, and compensation program effectiveness reviewso Design, communicate, and maintain pay structures, job families, salary grades, and job architecture/leveling frameworks; support various compensation projects and initiativeso Benchmark annual compensation budgets, merit matrices, and off-cycle adjustment guidelines to enterprise strategieso Leverage AI-enabled tools and automation to improve the efficiency and accuracy of analysis and reportingo Advise managers and partner with HR on pay decisions for new hires, promotions, transfers, and equity adjustmentso Support the design and administration of the companywide short-term incentive plan, sales incentive plan, and other variable pay planso Own and manage enterprise-wide compensation market data, compensation systems, and annual compensation programs, including leading the annual market review process, participating in salary surveys, analyzing market trends and competitive positioning, and recommending salary structure and employee pay adjustmentso Conduct job evaluation and market pricing, matching jobs to survey benchmarks and recommending range/grade placement aligned to best practices, enterprise goals, and governanceo Perform pay equity analyses and audits and recommend affirmative actions where warrantedo Research and report on compensation trends, labor market conditions, and legislative developmentso Ensure compensation and benefits programs comply with FLSA, ERISA, ACA, COBRA, HIPAA, and applicable state and federal wage and hour and pay transparency lawso Maintain documentation standards for job descriptions, pay decisions, and plan administrationo Partner with Legal and Compliance on regulatory changes affecting compensation and benefitso Partner with HRIS to ensure data integrity for job codes, pay structures, benefit elections, dashboards, supporting technology implementations, and reporting for HR leadership--- US and Canada Benefits Administration & Supporto Support the US and Canadian health and welfare, retirement, and work/life benefit programs to meet cyclical goals that increase engagement in plans and programso Manage project plans for annual open enrollment, plan renewals, and relationships with brokers, carriers, and vendorso Partner with vendors and internal resources to effectively communicate coverage and plan design changes to employees and managerso Monitor benefits utilization, self-insured claims trends, and cost containment opportunitieso Design root cause analysis leveraging data from tier 1 support to improve user experience (e.g., system fixes, education/training, and communications)--- Support food safety program, quality standards, and legality of manufactured products--- Perform other job-related duties as assignedQualifications (Education, Experience, Competencies)---Bachelor's degree in human resources, business administration, or a related field--- 4-7 years of progressive experience in compensation and benefits analysis and program administration--- CCP (Certified Compensation Professional) or CEBS (Certified Employee Benefits Specialist) certification preferred--- Knowledge of Canadian or other global benefits programs preferred--- Advanced proficiency in Excel and compensation/benefits modeling; experience with HRIS compensation and benefits modules--- Strong working knowledge of federal and state compensation and benefits regulations (FLSA, ERISA, ACA, COBRA, HIPAA, pay transparency laws)--- Demonstrated experience participating in compensation surveys and applying market data to pay decisions--- Ability to work highly independently and exercise sound judgment on complex technical and business matters; ability to serve as a team lead for the work group--- Strong analytical, consultative, and communication skills; ability to translate data into clear, outcome-forward recommendations for leadership--- High level of discretion in handling confidential compensation and benefits information--- Familiarity with AI/automation tools for data analysis and reporting desiredCalifornia, Colorado, Connecticut, Hawaii, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New York, Rhode Island, Vermont, Virginia, Washington, Washington, D.C. Residents Only: The salary range for this role is $135,000 to $150,000 annually. Pay is based upon several factors including but not limited to local labor markets, education, work experience, certifications, etc. Rise Baking Company complies with all minimum wage laws as applicable. In addition to your annual salary, Rise Baking Company offers benefits such as, a comprehensive benefits package, annual bonus eligibility, incentive and recognition programs and 401k contributions (all benefits are subject to eligibility requirements). At Rise Baking Company, our people are our finest ingredient. Compensation details: 135000-150000 Yearly SalaryPIac3b84ee8c9f-25660-41600169

Numbers & Facts

LocationMinneapolis, MN
IndustryFood and Beverage Production
Salary$135,000–$150,000 Per Year
Company Size2,000 to 2,499 employees
Websitehttps://www.risebakingcompany.com/

About Company

The joy of baked goods have always brought people together. Rise is a company built on elevating expectations. It’s what sets us apart from others in the baking industry. And why we are dedicated to putting our customer's success above all else.

We are a relationship-based company where the quality of our people is just as important as the quality of our products. Our environment encourages creativity, and we value an entrepreneurial and industrious approach to work.

Simply put, we are a family. A place where honesty, respect and trust are the essential ingredients for how we do business. We take pride in working with creative individuals with a passion for what they do, and we're always looking to expand our team.

Skills

  • Analysis Skillsunmatched
  • Artificial Intelligence (AI)unmatched
  • Automationunmatched
  • Benchmarkingunmatched
  • Best Practicesunmatched
  • Brokerageunmatched
  • Budgetingunmatched
  • Business Administrationunmatched
  • COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985)unmatched
  • Certified Compensation Professionalunmatched
  • Communication Skillsunmatched
  • Compensation Analysisunmatched
  • Compensation and Benefitsunmatched
  • Continuous Improvementunmatched
  • Cost Controlunmatched
  • Customer Support/Serviceunmatched
  • Data Analysisunmatched
  • Data Qualityunmatched
  • Documentation Standardsunmatched
  • ERISA (Employee Retirement Income Security Act of 1974)unmatched
  • Employee Benefitsunmatched
  • Food Safetyunmatched
  • HIPAA (Health Insurance Portability and Accountability Act)unmatched
  • HRIS/HRMSunmatched
  • Human Resourcesunmatched
  • Incentive Programsunmatched
  • Leadershipunmatched
  • Market Analysisunmatched
  • Market Surveysunmatched
  • Market Trend Analysisunmatched
  • Medical Office Administrationunmatched
  • People Managementunmatched
  • Pricingunmatched
  • Product Positioningunmatched
  • Program Evaluationunmatched
  • Program Planningunmatched
  • Project Planningunmatched
  • Project/Program Managementunmatched
  • Quality Metricsunmatched
  • Regulationsunmatched
  • Regulatory Complianceunmatched
  • Reporting Dashboardsunmatched
  • Root Cause Analysisunmatched
  • Safety/Work Safetyunmatched
  • Salesunmatched
  • Stock Administrationunmatched
  • Team Lead/Managerunmatched
  • Technical Supportunmatched
  • User Interface/Experience (UI/UX)unmatched

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