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Why You'll Love This Job
The Compensation and Benefits Manager is responsible for developing, implementing, and managing comprehensive compensation and benefits programs that align with the company's strategic objectives. This role leverages data analysis, market research, and regulatory knowledge to design competitive and equitable total rewards strategies that attract, motivate, and retain top talent. The Compensation and Benefits Manager collaborates closely with HR, Finance, Legal, and Procurement to ensure program effectiveness, compliance, and alignment with business needs. Additionally, this position leads a team of compensation and benefits professionals, driving continuous improvement and fostering a culture of employee engagement and operational excellence.
Responsibilities
- Develop, implement, and administer a competitive, equitable, and compliant total compensation and benefits strategy aligned with the company’s overall business goals and culture.
- Lead the design and management of benefit programs including retirement plans, group medical, disability, life insurance, profit-sharing, and other incentive plans.
- Oversee compensation practices, including job analysis, job evaluations, classifications, salary structure development, and participation in market and labor surveys.
- Ensure all compensation and benefits programs comply with applicable laws, regulations, and internal policies, including pay equity and human rights legislation.
- Use data-driven insights and market research to continuously improve total rewards programs and inform decision-making.
- Conduct employee value proposition (EVP) surveys and analyze feedback to identify opportunities to enhance employee engagement and motivation through rewards.
- Develop and execute effective communication strategies to ensure employees understand and value the total rewards offerings.
- Establish and maintain strategic relationships with external vendors, consultants, legal counsel, and brokers to ensure high standards of service and cost-effectiveness.
- Partner with HR, Finance, Legal, Procurement, and Operations teams to align total rewards programs with business needs and budgetary constraints.
- Oversee the administration and reporting of compensation and benefits data using HRIS systems (e.g., ADP Workforce Now) and advanced analytics tools.
- Conduct ongoing audits, prepare reports, and track key performance indicators (KPIs) to monitor program effectiveness and compliance.
- Stay current on industry trends, legislative changes, and best practices to proactively adjust strategies and maintain competitive advantage.
Skills & Qualifications
Education
Experience
Alpek Polyester USA, LLC is a global leader in the production of PTA (Terephthalic Acid), PET (Polyethylene Terephthalate) Resins, PET Recycling (rPET), and Specialty Polymers. This integrated business services customers all over the world using its global network of manufacturing entities within the Alpek Polyester umbrella. We are committed to improving people’s lives through our products, innovations, and a commitment to sustainability and protecting the environment.
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- Bachelor’s degree in Human Resources Management, Business Administration, Finance, or related field required.
- Advanced degree or certifications in Compensation & Benefits, HR, or related disciplines preferred.
Experience
- Minimum of 5 to 7 years of progressive experience in compensation and benefits management.
- At least 2 years of supervisory or leadership experience managing a total rewards team.
- Proven expertise in administering complex benefit plans and compensation programs in a corporate environment.
- Experience working with HRIS systems (e.g., ADP Workforce Now), advanced Excel skills, and data analytics tools.
- Strong knowledge of labor laws, pay equity requirements, and compliance standards relevant to compensation and benefits.
- Demonstrated ability to analyze market data, conduct job evaluations, and participate in salary surveys.