Family HealthCare Network · 1 day ago
Compensation and Retirement Specialist
Family HealthCare Network is seeking a Compensation and Retirement Specialist responsible for managing and administering compensation and retirement programs. The role involves ensuring compliance with regulations, conducting audits, and collaborating with HR to design effective compensation strategies.
Health CareNon ProfitWellness
Responsibilities
Responsible for carrying out responsibilities in the following functional areas, as assigned: compensation and 403b, 457b, and 401a programs
Responsible for achieving department goals and metrics for functional areas assigned
Develops recommendations for updating workflows and policies
Serves as a subject matter expert in functional area assigned
Performs high level administrative functions to comply with regulations and department deadlines
Responsible for the accuracy of all records and the integrity of employee data in the HRIS database
Conducts audits and analysis of ad-hoc reports
Supports the overall FHCN employee compensation program
Manages the salary analyses and annual market analysis process and makes recommendations to management
Conducts market analysis and benchmarking to ensure competitive pay rates, including performing salary surveys
Administers and evaluates annual salary increases, bonuses, and merit-based pay programs
Collaborates with HR and leadership teams to design and implement compensation strategies that align with company objectives and ensure fairness and equity
Monitor the effectiveness of compensation policies and practices, making recommendations for improvements
Responsible for retirement plan administration of 403b and 401a plans and the 457b deferred compensation plan for FHCN
Administers the retirement and deferred compensation programs, ensuring compliance with all regulatory requirements
Provide guidance to employees regarding retirement plan options, eligibility, and enrollment procedures
Performs audits of retirement plans to ensure that they comply with both internal policies and external regulations
Coordinates with external plan administrators, such as third-party recordkeepers or investment advisors
Manages the external audit of all retirement plans and implementation of any changes as a result of audits
Has oversight of compliance and reporting for compensation and retirement programs
Ensures all compensation and retirement plans comply with federal and state regulations, including IRS, ERISA, and DOL requirements. Also, handles inquiries from those entities
Prepares and submits regulatory filings, reports, and other required documentation related to compensation and retirement programs
Stays updated on changes in labor laws, tax laws, and benefit regulations to ensure compliance
Manages the data analysis and reporting for compensation and retirement programs
Analyzes compensation data to provide insights and support decision-making, including trend analysis, cost projections, and cost-benefit evaluations
Prepares reports for leadership, including compensation reviews, retirement plan performance, and overall program effectiveness
Utilizes data tools to track and analyze compensation and retirement data
Qualification
Required
Bachelor's degree in Human Resources, Business Administration, Finance, or a related field or comparable experience
Two years of progressive responsibility in functional areas of payroll, accounting, or human resources
Administrative knowledge of payroll or HR technologies
Knowledge of databases and spreadsheets
Ability to create highly complex documents in Microsoft Word, including linking multiple files and embedding objects linked to other documents
Ability to use advanced functions of Microsoft Excel, such as to create and manage databases, including creating standardized reports, or link multiple worksheets and workbooks
Ability to develop sophisticated presentations in Microsoft PowerPoint, including the use of embedded objects, transitions and other elements
Compilation and analysis of information prepared in effective written form, including correspondence, reports, articles or other documentation
Preparation and execution of presentations to large groups
Company
Family HealthCare Network
Family HealthCare Network is a non-profit community-based organization offering a comprehensive primary healthcare delivery system.
Funding
Current Stage
Late StageTotal Funding
$0.73M2013-11-11Grant· $0.73M
Recent News
The Business Journal
2025-07-19
Company data provided by crunchbase