Compensation and Benefits Manager
📋 Role Overview & Responsibilities
Title: Compensation and Benefits ManagerLocation: US, RemoteAbout PSI We are PSI Services. We power world leading tests. Delivered with trusted science and the very best test taker experience. PSI supports test-takers on their journey to pursuing dreams and gaining certifications that are important to them. They believe that their dreams are worth working for; that their dreams are worth the effort. And we believe that too. This is our core purpose, to empower people to achieve their dreams. We do this by being the best provider of workforce solutions, which foster both technology and science to deliver the best solutions for our test takers. We are searching for top talent to join our PSI team and help grow our products and services. We have a creative, supportive and inclusive culture where we empower people in their careers to be their authentic self and make the most of their great talent. At PSI, we are committed to helping people meet their potential and we believe that promoting diversity, equity and inclusion is critical to our success. That’s why you’ll find these ideals are intrinsic to our company culture and applied throughout the employee lifecycle. Learn more about what we do at: https://www.psiexams.com/About the RoleThe Compensation and Benefits Manager is responsible for leading all aspects of PSI’s compensation and benefit programs day to day management of existing compensation and benefit programs.. The Compensation and Benefits Manager reports to the Vice President, People Operations and will also work with the Global Head of Total Rewards for Parent Company. This is a global role, with particular focus on the US, which is our largest population, and will involve data analysis, program evaluation, vendor management and collaboration with leadership and the wider People Operations team.This is a permanent role (full or part-time), with flexible working but core availability through Monday-Friday office hours. The role is performed remotely, with occasional opportunities to travel available for in-person workshops and delivery.Role ResponsibilitiesResponsible for global benefit and compensation programs, including collecting, analyzing and assessing benefits data and gaps.Oversee relationships with benefit providers to ensure employee information shared is accurate and informative.Working with Parent Company to manage annual renewals (open enrolments and annual 401(k) testing), ensuring compliance to relevant local, state and federal legislations and reporting requirements.Management of benefit communications, ensuring Company hub is maintained with accurate information as required.Leads, implements, coordinates and day-to-day management of health and welfare and retirement programs ensuring competitive and cost-effective programs for all employees.Responsibility of benefit orientations for all new hires.Work with the Senior Leadership team to review and provide recommendations on the benefits offering globally, specifically in US, UK, Sweden & Canada.Management of global compensation philosophy, including collecting, analyzing and assessing our compensation data and gaps.Reviewing our global compensation philosophy to provide a fair and inclusive process.Develop, implement and administer all variable compensation plans, including short-term incentive plansManage executive compensation reviews and make recommendations in line with the market.Work with third parties to benchmark our compensation and benefits against the industry to ensure we are competitive.Prepare and present compensation and benefits reports as and when required. Serve as subject matter expert for benefits best practices and market competitiveness, including monitoring of relevant federal and state laws related to compensation and benefits, ensuring the VP, People Operations is kept up to date.Partnering with relevant stakeholders, including parent Company and their compensation and benefits team to identify and synergies where applicable and appropriate.Work in collaboration with People Operations, Payroll and Finance where appropriate.Knowledge, Skills and Experience RequirementsMinimum of 5 years of relevant experience., Certified Compensation Professional (CCP) credential or Certified Benefits Professional (CBP) credential preferred.Experience designing, managing and administering variable compensation plans and executing these effectively in a large global organization.Demonstrated comprehensive understanding and experience with compensation and benefits administration, including development and implementation of 401(k) and health and welfare policies and programs.Demonstrated ability to manage benefits administration from eligibility to termination, open enrolment, and qualifying life eventsKnowledge of COBRA, STD and LTD, and all applicable federal and state leaves of absence lawsPossess a positive, solutions-focused attitude with strong time management and organizational skillsAbility to handle confidential and sensitive information and exercise exceptional judgementAbility to think independently and work in a fast paced environment Benefits & Culture At PSI, our culture is to be transparent and fair. That’s why all of our roles have been benchmarked at a competitive rate against the local market they are based in. To be transparent all of our adverts now include the salary so you can see if we align with your expectations when looking for your next role. In addition to a competitive salary, we offer a comprehensive benefits package and supportive culture when you join us. This includes; 401k/Pension/Retirement Plan – with country specific employer %Enhanced PTO/Annual LeaveMedical insurance – country specificDental, Vision, Life and Short Term Disability for USFlexible Spending Accounts – for the USMedical Cashback plan covering vision, dental and income protection for UKEmployee Assistance ProgrammeCommitment and understanding of work/life balanceDedicated DE&I group that drive core people initiativesA culture of embracing wellness, including regular global initiativesAccess to supportive and professional mechanisms to help you plan for your futureVolunteer Day and a culture of giving back to our community and industry through volunteering opportunities
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