Senior Compensation & Benefits Analyst - Brand-FASTRETAILING - Lyndhurst, NJ
UNIQLO is a brand of Fast Retailing Co., Ltd., a leading global Japanese retail holding company that designs, manufactures and sells clothing under seven main brands: Comptoir des Cotonniers, GU, Helmut Lang, J Brand, Princesse tam.tam, Theory, and UNIQLO. With global sales of approximately 1.14 trillion yen for the 2013 fiscal year ending August 31, 2013 (US $11.62 billion, calculated in yen using the end of August 2013 rate of $1 = 98.36 yen), Fast Retailing is one of the world’s largest apparel retail companies, and UNIQLO is Japan’s leading specialty retailer.
UNIQLO continues to open large-scale stores in some of the world’s most important cities and locations, as part of its ongoing efforts to solidify its status as a truly global brand. Today the company has a total of more than 1,200 stores in 14 markets worldwide including Japan, China, France, Hong Kong, Indonesia, Malaysia, Philippines, Russia, Singapore, South Korea, Taiwan, Thailand, U.K. and U.S. In addition, Grameen UNIQLO, a social business established in Bangladesh in September 2010, opened its two first stores in Dhaka in July 2013. UNIQLO operates an integrated business model under which it designs, manufactures, markets and sells high-quality, casual apparel. The company believes that truly great clothes should be supremely comfortable, feature universal designs, are of high quality and offer a superb fit to everyone who wears them.
With a corporate statement committed to changing clothes, changing conventional wisdom and change the world, Fast Retailing is dedicated to creating great clothing with new and unique value to enrich the lives of people everywhere. For more information about UNIQLO and Fast Retailing, please visit www.uniqlo.com and www.fastretailing.com .
Position Overview:
FR USA seeks a highly motivated professional to assist and support our growing Human Resources team. This role involves the coordination of compensation, benefits and performance management programs across all US brands, working on a variety of projects including program design, analysis, budgeting and implementation of new programs. The Senior Analyst will be responsible for administering/coordinating annual compensation planning, market analysis, the performance management cycle and benefits administration. This position will also support the guidance to line and HR management regarding compensation and benefits for all US Brands.
The ideal candidate will have a passion for HR, be well-organized, detail-oriented, and flexible. This position will be located in our Lyndhurst, NJ and New York office and will report into the Director, Compensation.
Job Responsibilities:
Benefits
Administer employee benefits programs such as retirement plans; basic hospital, medical, surgical, and major medical plans; term life insurance plans; temporary disability programs; and accidental death policies.
Evaluate and compare existing company benefits with those of other employers by analyzing other plans, surveys, and other sources of information. Plans, develops, and/or participates in area and industry surveys. Analyzes results of surveys and develops specific recommendations for review by management.
Install approved new plans and changes by preparing announcement material, and other media for communicating new plans to employees. Conducts employee meetings, revises and reissues all communications material on benefits from time to time. Advises and counsels management and employees on existing benefits.
Handle benefit inquiries and complaints to ensure quick, equitable, courteous resolution. Maintains contact in person, and by phone or mail, with hospitals, physicians, insurance companies, employees, and beneficiaries to facilitate proper and complete utilization of benefits for all employees.
Lead the funding and reconciliation of various benefit programs which include Transit, FSA, HSA and 401(k).
Educate employees on benefit and wellness programs during new hire orientation.
Maintain employee benefits portal – system upgrades, benefit enhancements, troubleshooting.
Process monthly invoices for all benefit plans.
Special projects and tasks, as assigned.
Compensation
Lead the execution of the Performance Management Cycle.
Support the Director, Compensation and business partners with compensation information, analyses and recommendations.
Conduct research, analysis and reports on market competitiveness and make recommendations on best practices.
Assist in the evaluation of new and revised positions.
Conducts ad-hoc research and modeling in support of project assignments including presentation of findings and recommendations.
Support the development of compensation and performance management documentation and communication.
Assists with bi-annual compensation planning cycle and calculate various incentive plans.
Provides education to HR and business on performance management and new compensation programs.
Assist recruiting teams across all departments with compensation expectations during hiring process.
Supervise the participation of both exempt and nonexempt salary surveys to ensure corporate compensation objectives are achieved.
Job Qualifications:
Bachelor’s Degree
3 – 5 years’ experience in analysis, design and/or administration of compensation and/or benefits programs
Ability to handle confidential and sensitive information
Strong customer service and client focus with outstanding judgment
Microsoft Office with advanced skill in Excel; good written and verbal communication skills.
ADP or Workday HRIS experience is a plus
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As an Equal Opportunity Employer, Fast Retailing does not discriminate against applicants or employees because of race, color, creed, religion, sex, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other status or condition protected by applicable federal, state or local law.
Posting Notes: Lyndhurst || New Jersey (US-NJ) || United States (US) || Experienced Professional || Corporate || Brand-FASTRETAILING || EX: OUT; SF: AJ; SF: CO; SF: FA; SF: FJ; SF: IN; SF: LI; SF: MA; SF: SC; SF: SH || FAST RETAILING ||
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