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Total Rewards Partner

Company:
YPrime
Location:
Malvern, PA
Posted:
May 16, 2024
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Description:

At YPrime, we help our clients in the pharma and biotech industries to collect data from patients using mobile devices, assign patients to study treatment groups, and dispense clinical trial drugs and supplies using web apps. We’re supporting life-altering research, one project at a time.

Is your career in its prime? It could be!

YPrime’s Human Resources team is searching for a Total Rewards Partner. You’ll be based out of our Malvern, PA office. At YPrime, the Total Rewards Partner is responsible for developing, implementing, and administering comprehensive compensation and benefits programs that attract, motivate, and retain talent within the organization. This role plays a crucial part in ensuring the company’s compensation and benefit offerings are competitive, equitable, and aligned with the organization’s strategic goals and budget.

Here’s what we need from you:

Minimum 5 years’ experience in compensation and benefits administration with a proven track record of success and advancement

Deep understanding and knowledge of compensation and benefits administration with a proven track record of success and advancement

Deep understanding and knowledge of compensation and benefits practices, regulations, (i.e. EEO & FLSA), and industry trends

Strong analytical and problem-solving skills, with the ability to interpret and analyze complex data

Project management skills with the ability to manage multiple priorities and deadlines

Proficiency in Microsoft Office suite and HRIS/payroll systems

Proficiency in HR information systems and data analysis tools

Strong attention to detail and project management skills

Excellent communication, interpersonal, and consultative skills

Here are some more details about the job:

You’ll partner with business leaders, people managers, and employees across all levels to drive and support work and initiatives related to the following:

Compensation Management:

Conduct Regular market analysis and benchmarking studies to ensure competitive compensation levels for all positions

Develop and maintain a fair and equitable compensation structure, including base salaries, incentive plans, and merit-based pay programs

Collaborate with the HR team and business leaders to develop and implement compensation strategies to support the organizational objectives

Analyze and recommend compensation adjustments based on market trends, performance, and internal equity considerations

Ensure compliance with all applicable laws and regulations related to compensation practices

Benefits Management:

Manage the design, implementation, and administration of comprehensive employee benefits programs, including health, dental, vision, life insurance, retirement plans, and voluntary benefits

Evaluate and negotiate with benefit providers to secure cost-effective and competitive benefit offerings

Develop and implement effective communication strategies to educate employees on available benefits and promote program utilization

Monitor and analyze benefit plan utilization, costs, and trends to identify opportunities for optimization and cost savings

Ensure compliance with applicable laws and regulations related to employee benefits

Strategic Planning & Analysis

Collaborate with HR Team and business leaders to develop and implement total reward strategies that support organizational goals and objectives

Conduct cost-benefit analyses and provide recommendations for total rewards program enhancements or modifications

Analyze and report on total rewards metrics, trends, and program effectiveness

Stay informed of industry best practices, trends, and regulatory changes related to compensation and benefits

Project Management and Communication

Manage the implementation of new or revised compensation and benefits programs, ensuring smooth transitions and effective communication

Develop and deliver training programs to educate managers and employees on total rewards programs and policies

Collaborate with cross-functional teams such as Finance, Legal, and IT, to ensure the successful execution of total rewards initiatives

Prepare and present reports, analyses, and recommendations to senior leadership and stakeholders

Have these things too? Even better!

Bachelor’s degree in Human Resources, Business Administration, a related field, or an equivalent amount of related professional experience

Experience providing guidance and support to a globally dispersed workforce

What are the YPrime Perks?

Generous paid time off

Comprehensive benefits package largely subsidized by YPrime

401(k) with company match

Friendly, smart, passionate, and hard-working coworkers

Opportunities for professional growth and advancement

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