Sr. Compensation & Benefits Specialist - PR 1193

PE Systems is seeking a Senior Compensation & Benefits Specialist in Fairfax, VA. Candidate will manage and optimize our total rewards programs, including employee benefits, compensation structures, and compliance strategies. This role will play a critical part in ensuring competitive, cost-effective, and compliant benefits and compensation programs for a growing government contracting company with 400+ employees. The ideal candidate has expertise in UKG, extensive experience in benefits administration and compensation management, and a strong understanding of regulatory compliance.

At PE Systems, Inc., we truly value our employees. We unite exceptional talent with rewarding careers. Our dedicated team enjoys generous PTO, holidays, competitive pay, and outstanding benefits. Plus, we provide medical, dental, and vision coverage starting on day one!

Voted Best Places to Work in Dayton since 2022!

GENERAL FUNCTION:

• Oversee and manage employee benefits programs, including life and health insurance, disability, profit-sharing, retirement plans (401k), and wellness initiatives.
• Lead annual open enrollment, ensuring smooth execution, effective employee communication, and system updates.
• Collaborate with benefits providers and brokers to negotiate cost-effective and competitive plans based on employee feedback, cost analysis, and industry trends.
• Perform monthly reconciliation of benefits invoices against active enrollments, ensuring accuracy.
• Coordinate with Payroll to verify accurate and timely employee premium deductions.
• Ensure compliance with ERISA, ACA, COBRA, HIPAA, and other regulatory requirements.
• Serve as a primary contact for employee inquiries regarding benefits.
• Audit 401(k) contributions and company matches; manage the annual 401(k) audit and ensure timely filing of Form 5500.
• Approve and process COBRA enrollments and qualifying life events.

Compensation Management

• Develop, implement, and maintain compensation structures, including salary bands, incentive programs, and merit-based pay strategies.
• Conduct job evaluations and market analysis to benchmark salaries and benefits, making recommendations to maintain competitive pay practices.
• Oversee the annual compensation review process, ensuring fair and strategic salary adjustments aligned with performance outcomes.
• Ensure compliance with FLSA classifications and other compensation-related laws.
• Manage and refine bonus, incentive, and merit-based pay programs. Create and oversee an annual salary action plan, ensuring equitable and strategic salary adjustments.

Strategy & Compliance

• Monitor industry trends and best practices to enhance compensation and benefits strategies.
• Conduct periodic audits of compensation and benefits programs to ensure compliance with internal policies and external regulations.
• Partner with HR leadership to develop and execute long-term compensation and benefits strategies aligned with company objectives.
• Prepare reports for senior leadership, highlighting compensation trends, risks, and recommendations.

Employee Communication & Engagement

• Develop and implement communication strategies to educate employees on total rewards, including compensation structures, benefits programs, and performance-based pay.
• Conduct training sessions for managers on compensation policies, salary planning, and benefits enrollment.
• Provide guidance to managers and employees regarding compensation and benefits decisions.

QUALIFICATIONS:

Education/Certifications/Experience/Skills:

• Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
• 5-7 years of experience in compensation and benefits administration.
• Strong knowledge of compensation principles, benefits administration, and relevant labor laws.
• Experience in job evaluation, salary surveys, and market benchmarking.
• Proficiency in HRIS systems and compensation analysis tools, knowledge of UKG HRIS is preferred.
• Excellent analytical and problem-solving skills with attention to detail.
• Strong communication and interpersonal skills, with the ability to present data and recommendations effectively.
• Certification in Compensation (CCP) or Benefits (CEBS) is preferred.

Pay Rate: The annual base salary range for this position is estimated between $120 - 145K. Please note that the salary information is a general guideline only. PE Systems considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.

P E Systems, Inc. is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for Employment without regard to race/ethnicity, color, religion, sex, nation origin, ancestry, age, sexual orientation, gender identity, genetic information, marital status and disability (including physical or mental disability as well as pregnancy) veteran status or any other status protected by the Federal, State or local law.

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