LendingPoint LLC Hiring for Compensation and Benefits Partner at Kennesaw, GA Full Time

At LendingPoint, we believe that everyone deserves to feel the power of possibilities. As an online fintech company, we’ve created advanced consumer, small business, and merchant point-of-sale lending solutions to unlock access to affordable loans and empower those working to build their financial potential. By creating technology that sees your potential, we’re driving a better lending and borrowing experience by finding more reasons to say “yes.”
More than just a job, LendingPoint is an exciting career choice where you’ll bring your expertise and experience to a talented team focused on fostering positive new customer experiences that inspire loyalty.
Are we speaking about you? Then keep reading.
JOB SUMMARY:
Responsible for effectively managing the employee compensation and benefits functions through planning, developing, implementing, and administering new and revised programs, policies, and procedures to align with the company’s goals and competitive practices.

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ESSENTIAL JOB FUNCTIONS: *
Compensation

• Manage the implementation and administration of compensation programs.
• Monitor the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and corporate objectives.
• Formulates recommendations for pay guidelines, pay structure review, pay budgets, etc. balancing the need for market competitiveness of pay and other functional objectives.
• Provides advice to corporate staff on pay decisions, policy interpretations, and job evaluations.

• Work with leadership to develop and design creative solutions to specific compensation-related programs and incentive plans.
• Conduct compensation benchmarking, monitor emerging trends and best practices in compensation and recommend optimal solutions for prioritized pay concerns.
• Develops techniques for compiling, preparing, and presenting data. Oversees the participation in salary surveys and monitors salary survey data to ensure corporate compensation objectives are achieved.

• Conduct research and analysis in the evaluation of job reclassification requests and new job description requests, including writing job specifications and descriptions, preparing market pricing recommendations, reviewing internal equity, and recommending salary range and FLSA classification.
• Maintain human resource information system records and compile reports from the database.
• Research and prepare standard and ad hoc reports and compile metrics for analysis.

• Assist with the preparation of the annual performance review processes and manage annual merit review cycle activities.
• Collaborate with the designated Human Resources representatives and hiring managers on new positions to determine FLSA status.
• Respond to employee inquiries regarding compensation processes and assists in the resolution of compensation matters, as appropriate.
• Ensure compliance with federal, state, and local compensation laws and regulations.

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Benefits*

• Develop recommendations and changes to benefits plans and programs based on changing organization needs market shifts and changes in benefits regulations.
• Respond to inquiries and data requests from active and retired employees and outside sources regarding various benefit/retirement plans and company policies and procedures.
• Provide assistance and support to all organizational levels in the interpretation and application of benefit plans and programs.
• Research, analyze, evaluate, and make recommendations for benefit plan design changes or new plan formulation. Obtain bids from carriers, record keepers, consultants, and other vendors to ensure services are cost-effective and externally competitive.
• Oversee the development of performance metrics with the company’s benefit vendors and monitors each vendor’s performance compared to the approved metrics and provides regular reporting to management on the performance of these vendors.
• Oversee the development and distribution of benefit plan communications to plan participants to meet departmental objectives and governmental regulations.
• Oversee the proper maintenance and audit of plan records, employee files and associated computerized databases.
• Oversee the administration of plan appeals and the collection of benefit plan contributions.
• Manage updates and maintain various benefit interface reports to ensure that vendors receive the necessary benefit plan information in a timely manner.
• Provide problem resolution among active retired and terminated employees and various vendors to ensure quality customer service is achieved.

• Bachelor’s degree in Human Resources, Business Administration, a related field, preferred.
• A minimum of 5 years of experience in the compensation and benefits field.
• Relevant certifications, such as a CCP, CEBS or SHRM certification, preferred.
• Extensive knowledge of benefits and compensation programs, policies, procedures, and applicable legislation.
• Proficiency in MS Office; strong proficiency in Excel.
• Intermediate/Advanced MS Office Suite Skills
• HRIS experience (UKG experience preferred)

Job Type: Full-time