Benefits and Compensation Specialist

Reposted 2 Months Ago
Be an Early Applicant
Marlborough, MA, USA
In-Office
Mid level
On-Demand • Professional Services • Consulting
The Role
Manage planning, administration, compliance, and communication of all benefit programs (health, dental, vision, life, disability, FSA, 401(k), FMLA, COBRA). Partner with brokers/vendors, run open enrollment, administer leaves, audit bills, conduct orientations, manage wellness and service award programs, and perform wage and benefits surveys.
Summary Generated by Built In
Company Description

Randstad is a staffing and recruitment industry leader with thousands of satisfied clients nationwide. We offer the successful candidate the opportunity to work for our clients . We pride ourselves on our strong commitment to client satisfaction, and our focus on helping our employees find their next job. 

Job Description

Our client in Marlborough is currently looking for an experienced Benefits & Compensation Specialist to report to report to the VP of HR. This position will be responsible for the planning, management, compliance, and communication of all benefit programs including health, wellness, dental, vision, life, disability, FSA, 401(k), FMLA, COBRA, and voluntary offerings.  

The hours are Monday-Friday but individual must be flexible to work off shift based on the needs of the business. 

Must have ability to work in a fast paced, diverse manufacturing work environment. 

Bilingual in Spanish is preferred. 

ESSENTIAL DUTIES AND RESPONSIBILITIES include but are not limited to the following:

Implement benefit strategies and programs to ensure overall company competitiveness for benefit and retirement plans

Review and analyze changes to federal and state laws pertaining to benefits, and facilitate necessary changes 

Work closely with external benefit brokers and vendors 

Manage existing wellness initiatives as well as create, develop, and launch new programs in alignment with company wellness goals

Process all benefit plan enrollments and changes, plan documents, and plan regulatory guidelines in accordance with Company policies 

Manage all employee leaves i.e. FMLA, STD, LTD, and WC for compliance with company policy and applicable laws

Direct the planning and execution of open enrollment processes including development of communication materials, onsite presentations, and coordination with HRIS

Partner with vendors/brokers to complete required reporting including Form 5500, Summary Annual Reports and Descriptions

Research and respond to employee questions regarding all aspects of benefits and act as liaison between employee and insurance carriers/brokers to ensure timely resolution of issues

Audit vendor bills; reconcile HRIS and COBRA reports to monthly billing to ensure accurate payment and enrollment; prepare invoices and present bills for timely payment

Conduct comprehensive benefits orientation to new hires 

Manage Service Award Program

Responsible for COBRA administration

Oversee 401(k) educational program and participates in 401(k) Investment Committee meetings

Assist in annual audit and address audit results on internal controls for the 401(k) plan

Conduct annual wage & benefit survey, analyze data, and make change recommendations to compensation structure

Participate in wage surveys 

Other projects/duties as assigned

Qualifications

Bachelor's degree from four-year college or university

A minimum of 2-5 years experience in benefits administration and/or training in a related field. Knowledge of federal and state laws pertaining to benefits.  

Ability to read and interpret documents including legal documents, procedure manuals, policies, government regulations, and business journals.  

Ability to write routine reports, business correspondence, and procedure manuals.  

Ability to present information to groups of employees within the organization. Must demonstrate effective verbal and written communication skills and solid listening skills. 

-Proficiency in Spanish is desirable.

-Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations. 

Additional Information

All your information will be kept confidential according to EEO guidelines.

Skills Required

  • Bachelor's degree from a four-year college or university
  • 2-5 years experience in benefits administration and/or related field
  • Knowledge of federal and state laws pertaining to benefits (COBRA, FMLA, etc.)
  • Experience with COBRA administration, FMLA, STD, LTD, WC, and 401(k) plan support
  • Experience working with external benefit brokers, vendors, and insurance carriers
  • Experience using HRIS for enrollments, reconciliations, and reporting
  • Ability to read and interpret legal documents, policies, government regulations
  • Ability to write routine reports, business correspondence, and procedure manuals
  • Ability to present information to groups and conduct new-hire benefits orientations
  • Effective verbal and written communication skills and solid listening skills
  • Ability to apply mathematical concepts (fractions, percentages, ratios, proportions)
  • Ability to work in a fast-paced, diverse manufacturing environment and be flexible with hours
  • Proficiency in Spanish

Randstad Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Randstad and has not been reviewed or approved by Randstad.

  • Flexible Benefits — Benefits are described as flexible in several markets, with options like add-on insurance, wellness programs, and discounts indicating breadth and choice.
  • Retirement Support — Pension or 401(k) contributions are highlighted in multiple regions, suggesting meaningful retirement provisions are commonly included.
  • Healthcare Strength — Comprehensive medical, dental, and sometimes vision coverage appears across various countries, pointing to solid core health benefits in many locations.

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The Company
HQ: Santa Monica, CA
38,000 Employees
Year Founded: 1960

What We Do

Randstad is a global leader in the HR services industry and a Dutch multinational human resource consulting firm. Founded in 1960 and headquartered in Diemen, Netherlands, it provides outsourcing, staffing, consulting, and workforce solutions. The company connects job seekers with employers across various sectors, including finance, technology, healthcare, and manufacturing, helping people secure rewarding jobs and stay relevant in the ever-changing world of work.

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