Job description
Description
The Benefits & Compensation Manager– reporting to the SVP, CHRO – is responsible for companywide benefits and compensation programs. This position requires both the ability to operate at a strategic level with senior executives as well as at a tactical and execution-oriented level on a day-to-day basis. This position can be located in Bar Harbor, Ellsworth, or Bangor, ME or Newport, NH.
Responsibilities (Essential):
- Develops, directs and maintains the company’s salary administration program.
- Researches and maintains competitive salary ranges for all positions.
- Responsible for participation in compensation surveys on behalf of the company and the analysis of results.
- Assists in the preparation and monitoring of the annual salary budget.
- Oversees the merit increase and annual incentive compensation process.
- Maintains and develops variable compensation programs.
- Participates in the administration of various equity programs including ESPP, ESOP and equity incentive programs.
- Assists in the preparation of compensation information for Proxy.
· Designs and carries out all facets of benefits administration for a wide variety of health & welfare, retirement, and equity benefit programs.
- Makes recommendations on benefit plan design and strategy.
- Serves as a liaison to our insurance broker and other third party benefit vendors.
- Maintains and carries out processes and communications to ensure effective open enrollment, life event changes, and new/departing employee enrollments.
- Ensures compliance of benefit and retirement plans with government and various other regulatory requirements including 5500’s, ACA, required reporting, and the distribution of required communications.
- Processes and administers all leave-of-absence requests and disability paperwork: medical, personal, disability and FMLA. This includes communication with management, employees, and payroll. Uses appropriate judgement to determine qualifying status.
- Responsible for the timely and accurate submission of workers compensation claims, to include the first report of injury forms. Follows up as appropriate and maintains necessary communication throughout the process with all parties involved.
- Develops and maintains an engaging, strategic wellness program.
Responsibilities (Marginal):
- May serve as a backup to the Payroll Manager.
- Other duties as assigned.
Required Education & Experience:
- 5 or more years’ experience in benefits and/or compensation is required.
- Bachelor’s degree in Business Administration or equivalent additional work experience.
- Professional HR or Benefits certification is preferred.
- Outstanding strategic, written and oral communication skills.
- Experience leading and motivating teams without direct reporting relationships.
- Experience with equity program administration, SERP, and BOLI plans is preferred, but not required.
- Emotional Intelligence, including outstanding interpersonal, teamwork and organizational skills and an inclusive and collaborative mindset.
- Ability to work on multiple projects with tight deadlines in a fast-paced changing environment.
- Lifelong learner with a passion for continuous improvement.
- Solid business acumen.
Physical Demands and Work Environment:
Physical Demands: This is largely a desk role; however, moderate physical exertion is required. This would require the ability to lift files, open filing cabinets and bending or standing on a stool as necessary.
Work Environment: General office environment.
Schedule Expectations:
Full time, 40 hours per week. Typical schedule is 8am-5pm with an hour lunch; M-F
Required Travel:
This position requires minimal periodic travel.
Bar Harbor Bank & Trust offers: competitive pay, referral incentives, an employee stock purchase plan, medical/dental/vision/life insurance plans, paid holidays, 401(k) plan, paid time off, a wellness program, continuing education benefits, and more!
Bar Harbor Bank & Trust is an Equal Opportunity Employer, Minority/Female/Disability and Protected Veteran.
EEO is the law English - https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf
EEO is the law Spanish - https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeosp.pdf
EEO is the Law Poster Supplement - https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf
Pay Transparency - https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf
Qualifications
Skills
Behaviors
Motivations
Education
Required
Preferred
Experience
Licenses & Certifications
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
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