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Compensation and Benefits Manager

Location: 

Eden Prairie, MN, US

Job ID:  44581
Category:  Human Resources

Stratasys is the world leader in 3D printing, changing the way things are made. We are looking for someone who wants to make an impact with a value-based organization as Compensation and Benefits Manager.

Our mission: Be the first-choice polymer 3D printing provider at every stage of the product life cycle, with multiple technologies and complete solutions for superior application fit, across design, manufacturing, and healthcare. 

 

Our purpose: To empower people to create without limits for an economical, personalized, and sustainable world. 

 

Our values: 

  • Innovate
  • Be customer first
  • Make it together
  • Own it
  • Aim higher

 

Check out how 3D printing is changing lives, enabling supply chain agility, and allowing the world’s largest manufacturers to create without limits. 3D printing in Healthcare

 

As a Compensation and Benefits Manager, you, and members of your team, will be responsible for the development, implementation, and administration of our benefits and compensation programs, policies, and procedures. As a member of a Global Compensation, Benefits and Operations team, you will work on Global Strategic Initiatives, while managing the America Region Compensation and Benefits programs.

 

Benefit Programs

  • Develops, directs, and administers Stratasys benefit programs to include full offering of health benefits, Paid Time off, Disability insurance, retirement, and other benefits
  • Administers the employee 401(k) plan: including enrollment reconciliation, loans, audit, 5500, testing and communications to employees
  • Partners with Benefit brokers to review, negotiate coverage, and cost programs to monitor plan effectiveness and cost to determine programs best meeting the company offering
  • Presents and recommends benefit plan changes to management based on needs and market data
  • Develops programs designed to meet employees needs and complies with legal requirements.
  • Ensures programs are current regarding market data, trends, and cost. 
  • Negotiates coverages, services and cost with carriers and brokers.
  •  Interacts with other areas to include risk management, finance, payroll, and legal departments to investigate innovative programs to determine feasibility in terms cost risk to the company and legal implications.
  • Monitors and ensures compliance with Stratasys Leave of Absence and Worker Compensation programs

 

Compensation Program

  • Conducts job evaluation and salary surveys, establishes salary structures, develops salary budgets, and prepares policies and procedures to insure the achievement of equitable and competitive employee compensation.
  • May be responsible for incentive, stock option
  • Participate in development and administration of the company bonus plan design and administration.  To include regional sales incentive plan design and documentation
  •  Maintains a working knowledge of federal and state legislation influencing compensation
  • Ensures programs are current with regard to trends, practices and costs. C
  • Coordinates vendor management, wellness and health education initiatives
  • Manages and leads compensation and benefits team

 

MINIMUM QUALIFICATIONS:

  • 10+ years’ experience in compensation and benefits programs and related laws and regulations
  •  Proficient knowledge and understanding of all legal, tax and regulatory issues related to benefits and compensation
  •  Knowledge of an adherence to HIPPAA, COBRA, and other regulatory requirements
  •  Proficient knowledge and understanding of Leave of Absent programs

 

PREFERERED

 

  • Experience in payroll and leave of absence administration
  • Experience in administration of ERISA, HIPAA, ACA, COBRA, FMLA, ADA
  • Leading and development of corp. wellness programs

 

Stratasys is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to their protected Veteran or disabled status and will not be discriminated against for their race, color, religion, sex, age, disability, military status, or national origin or any other characteristic protected under federal, state, or applicable local law.   Please view Equal Employment Opportunity Posters provided by OFCCP here


Nearest Major Market: Minneapolis