POSITION SUMMARY

HDC seeks a Compensation and Benefits Analyst to support our organization’s commitment to enriching the compensation and benefit programs at HDC. This position will play a key role in HDC’s efforts to create and maintain a transparent compensation structure and benefits program centered on fairness and equity by adhering to industry best practices. The ideal candidate will have a strong background in developing and maintaining a complex compensation structure and expertise in benefits administration, integrations and new product rollouts.
The Compensation and Benefits Analyst will report to the Vice President of Compensation, Benefits and Payroll (VP).
Area of Talent: Compensation and Benefits
Position Type: Full-time/Exempt
Salary Range: $95,000 – $105,000
Office Location: NYC/Financial District

REQUIRED QUALIFICATIONS:

• Bachelor’s degree in Human Resources, Business Administration, or other relevant field.
• 4-7 years of experience in Compensation, Total Rewards and Benefits Administration.
• Self-motivated, flexible, deadline driven and able to complete tasks with limited supervision
• Current and ongoing knowledge of applicable federal, state, and local wage/hour laws is a must
• Strong organizational, problem-solving, and analytical skills
• Excellent written and oral communication skills
• Strong system and data flow knowledge
• Proven ability in HRIS platforms
• Ability to deliver complex projects on time and within budgetary guidelines.
• Advanced analytic and reporting skills
• Intermediate level Microsoft Office skills with heavy emphasis in Excel
• Ability to complete all assignments (including those unexpected) with flexibility & creativity
  It is strongly preferred that you submit a cover letter with your resume. You may also fax your resume and cover letter to (212) 227-6816.

HDC DEMONSTRATES A STRONG COMMITMENT TO ITS EMPLOYEES BY PROVIDING A SALARY THAT IS COMPETITIVE AND COMMENSURATE WITH EXPERIENCE AND EXCELLENT BENEFITS, INCLUDING:

• Health Benefits at a reasonable cost
• Dental and Vision Benefits at no cost
• Retirement savings plan with a generous match and a pension plan
• Paid holiday, vacation, sick time and parental leave
• Professional development opportunities
• Public Service Loan Forgiveness for eligible employees
• Wellness reimbursement
• Back-up Caregiver Benefit

• Compensation Analysis: Conducting market research to assess the competitiveness of salary ranges and other incentive programs.
• Compensation Structure: Assist the VP in the design and implementation of an equitable compensation program.
• Career Pathing: Partner with members of the HR team and assist in the development of career pathing KPIs to promote skill growth that aligns with HDC’s overall compensation structure.
• Benefits Administration: Evaluating and managing employee benefit plans, such as health insurance, retirement plans, and other perks.
• Budget Planning: Assist VP with planning, maintaining and communicating the corporation’s Benefits and Compensation budget Process.
• Billing: Maintain bill reconciliations for the benefit and compensation programs.
• Data Analysis: Utilize data to identify trends, gaps, and opportunities for improvement in Compensation and Benefit programs.
• Open Enrollment and Benefits Education: Support planning and implementation of benefits education, document creation, yearly renewals and communication for year-end open enrollment process.
• Collaboration: Collaborate with HR members, HDC staff and external parties to ensure HDC’s goals and strategies.
• Compliance: Ensure that all compensation and benefits programs comply with applicable laws and regulations.
• Implementation Processes: Assist in the implementation process for new benefit programs, new contracts and system updates.
• Reporting: Assist VP with internal and external reporting responsibilities.
• HRIS System updates and integrations: Assist VP with system integrations, benefit system updates, HRIS maintenance and new system architecture.
• Business Relationship Building: Build and manage relationships with third party administrators, brokers and benefit vendors.
• Performs other duties as assigned.