Principal Total Rewards Analyst

25 Nov 2024
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The Principal Total Rewards Analyst is responsible for strategic analysis and assisting with the design, implementation, and administration of total rewards (compensation, benefits, systems) programs for all new hires and internal employees. In this role, you will report to our Director of Total Rewards, and work with an incredible team who are building and defining the roadmap for Total Rewards at CONMED.Essential Functions:Perform complex analysis and data modeling relating to compensation programs (salary planning, merit increases, variable pay programs, etc.) to evaluate concepts and address business needsServe as an SME on broad-based compensation related matters by staying informed on industry trends, best practices, and compliance requirementsServe as main point of contact for the administration and management of the company's long-term incentive program and other compensation programs, as requiredWork closely with benefit carriers and vendors in their ongoing service delivery to employees, identifying and resolving both participant and plan level issues, and identifying and implementing process improvements and efficiencies.Apply expertise in quantitative analysis, cost modeling and the presentation of data to help inform, influence, support, and execute our business decisions.Conduct benchmarking studies to ensure our Total Rewards programs are competitive within the industry.Partner on the drafting and development of the compensation-related sections of the annual proxy statement, partnering with other members of the Total Rewards team and the legal department.Assist in preparing analyses and recommendations related to executive pay offers (both internal and external) and executive job leveling.Recommend potential improvements to executive programs.Owns the relationship with vendors on all equity programs, primarily 401(k) and pension administration.Lead Retirement committee, including committee meeting preparation, facilitation, and communication with committee members.Deep knowledge of salary structures and ability to conduct job evaluations, including benchmarking roles against market.Support the annual salary review process, including data preparation, analysis, and communication.Support audit processes and legal reporting to make certain compensation programs are administered in compliance with company policies and government regulations. Ensure compliance with legal regulations and internal policies related to compensation.Evaluate existing plans, practices, and policies. Make recommendations which keep the company competitive.Collaborate with HR Technology team on technology strategy, improvements, and enhancements to data integrity and Total Reward systems and tools.Assist in the creation of presentations, guides, and other resources to enhance understanding and engagement.Collaborate with cross-functional teams to implement best practices and innovative solutions.Stay updated on industry trends, regulatory changes, and emerging practices in Total Rewards.Required Qualifications:Bachelor's degree in Business, Finance, HR or related fields3 years of direct experience in executive compensationPreferred Qualifications:HR, HR COE, HR Operations, or role-related experience preferredExperience in multiple HR disciplines or client groups preferredExperience managing Long-Term Incentive bonus plans and 401(k) plans preferred.Experience with executive pay benchmarking and job leveling, incentive plan design, Compensation Committee and Board of Directors support, and proxy disclosure preferredExpected Travel 0-20%This position is not eligible for employer-visa sponsorshipDisclosure as required by applicable law, the annual salary range for this position is $73,730 to $116,150. The actual compensation may vary based on geographic location, work experience, education, and skill level. The salary range is CONMED's good faith belief at the time of this posting.Benefits:CONMED offers a wide array of benefits to fit your unique needs. Visit our Benefits Page for more information.Competitive compensationExcellent healthcare including medical, dental, vision and prescription coverageShort & long term disability plus life insurance cost paid fully by CONMEDRetirement Savings Plan (401K) CONMED matches your contributions dollar for dollar, with the potential for up to 7% per pay periodEmployee Stock Purchase Plan allows stock purchases at discounted priceTuition assistance for undergraduate and graduate level coursesKnow someone at CONMED? Have them submit you as a referral before applying for this position to be eligible for our Employee Referral Program incentives!CONMED is an Equal Opportunity Employer & an Affirmative Action Employer. CONMED is a strong advocate of workforce diversity. All qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, citizenship status, or veteran status. The Know Your Rights: Workplace Discrimination is Illegal Poster and Pay Transparency Nondiscrimination Provision reaffirm this commitment.Colorado Residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.If you feel you need a reasonable accommodation pursuant to the ADA, you are encouraged to contact us at 800-929-7176 option #5.Minimum Salary: 31200.00

Maximum Salary: 31200.00

Salary Unit: Yearly

Full-time
  • ID: #52951574
  • State: New York Utica-rome-oneida 13501 Utica-rome-oneida USA
  • City: Utica-rome-oneida
  • Salary: USD TBD TBD
  • Showed: 2024-11-25
  • Deadline: 2025-01-24
  • Category: Et cetera
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