Location could be either Coeur d’Alene, Idaho or Waterbury, Vermont
Company Overview
KORE Power, Inc. (KORE) is headquartered in Coeur d’Alene, Idaho, and has operations in Waterbury, Vermont (KORE Solutions), and Buckeye, Arizona (KOREPlex). KORE is the leading U.S. based developer of battery cell technology for the clean energy industry. With clients in energy storage, e-mobility, utility, industrial, and mission-critical markets, KORE Power provides the backbone for decarbonization across the globe.
Part of contributing to a better world for future generations is our commitment to creating a collaborative and progressive work environment. We offer our employees competitive wages, outstanding benefits, and an opportunity to contribute to meaningful impact. We foster a supportive and inclusive work environment that values unique contributions, encourages creativity, promotes teamwork, and facilitates open communication.
Visit us online at www.korepower.com or on LinkedIn to learn more about KORE and our exciting work to build a clean energy future.
What We Offer
- A competitive compensation package.
- Exciting opportunities to further your career with a growing global organization.
- Purpose-led work with a meaningful impact on the climate.
- Generous paid time off includes vacation, sick/medical, and volunteer time.
- Paid parental leave.
- Comprehensive and affordable health and wellness benefits, including monthly fitness reimbursement.
- Retirement plan with a company match and no vesting schedule.
- Tuition reimbursement and professional development training.
- Team-building events and outings.
- Other perks such as monthly cell phone reimbursement.
Your Impact
The Benefits and Compensation Manager will be responsible for designing, implementing, and managing comprehensive benefits and compensation programs for our employees. This role requires a strategic thinker with strong analytical skills, a deep understanding of benefits and compensation administration, and the ability to ensure compliance with all relevant regulations. The ideal candidate will possess exceptional communication skills and a passion for enhancing employee satisfaction through superb customer service.
Essential Functions and Responsibilities
Benefits Administration:
- Develop, implement, and manage comprehensive employee benefits programs, including health, dental, vision, retirement plans, and life and disability insurance.
- Administer benefits programs, including open enrollment, claims processing, and vendor management.
- Ensure compliance with all relevant federal, state, and local regulations, including ERISA, COBRA, and ACA.
- Monitor and ensure compliance with benefits regulations and internal policies including ensuring that all benefits contracts, plan documents, SPDs, etc. are up-to-date and distributed in a timely manner, that nondiscrimination testing is completed, and that benefit audits are successfully performed.
- Prepare and submit required reports, such as IRS filings, 5500s, and other compliance documentation.
- Manage the benefits budget within established company parameters. Makes recommendations to management annually on employee cost share (premiums, deductibles, co-insurance, etc.)
- Coordinates with Payroll for W-2 and 1095 processing, as well as benefit deductions and tax treatment.
- Manages all FMLA and non-FMLA leaves of absence, ensuring legal compliance and employee support.
- Manages benefits admin system, including open enrollment set-up, vendor integrations, etc.
- Stay current on legal changes and industry trends related to benefits.
Compensation Management:
- Maintain competitive compensation structures and salary bands that align with company goals and market trends.
- Conduct regular market research and salary benchmarking to ensure competitive pay practices.
- Manage the annual salary increase and bonus processes, new hire salary offers and promotional increases and market adjustment processes, ensuring consistency and policy compliance.
- Monitor and ensure compliance with federal and state wage and hour laws and regulations including the Fair Labor Standards Act (FLSA), pay transparency regulations, etc.
Employee Communication and Support:
- Act as the primary point of contact for employee inquiries regarding benefits and compensation.
- Develop and deliver communication materials to educate employees about their benefits options and compensation programs.
- Conduct benefits orientations and training opportunities to enhance employee understanding and engagement.
Data Management and Analysis:
- Maintain accurate and up-to-date records of employee benefits and compensation data.
- Analyze compensation and benefits data to identify trends, disparities, and opportunities for improvement.
- Prepare comprehensive analytical reports and presentations for senior management on benefits and compensation metrics.
Program Evaluation and Improvement:
- Evaluate the effectiveness of benefits and compensation programs and make recommendations for improvements.
- Implement cost-control measures while maintaining program quality and employee satisfaction.
- Benchmark benefits and compensation practices against industry standards and adjust programs to ensure competitiveness.
Other duties, as assigned.
Qualifications
- Bachelors degree in Human Resources, Business Administration, Accounting, or related field and 8 plus years of experience in benefits and compensation management or a related role, or an equivalent combination of education and experience.
- Strong knowledge of benefits administration, compensation structures and regulatory compliance.
- Excellent analytical skills with the ability to interpret data and make informed decisions.
- Exceptional communication and interpersonal skills (English), with the ability to explain complex information clearly and effectively.
- Proven ability to manage multiple priorities, work effectively under pressure and manage confidential information.
- Excellent HRIS experience, including ability to write reports. Strong Microsoft Office skills, including Excel Vlookups and pivot tables.
Preferred Qualifications
- Proficiency in Spanish (both written and verbal).
- Masters degree in related field.
- Professional certification, such as Certified Employee Benefits Specialist (CEBS) and/or Certified Compensation Professional (CCP).
- Experience using Paylocity and/or Oracle.
- ERP implementation and/or integration experience.
Work Environment
- Must be able to maintain fast pace while completing complex work in potentially emotionally fraught situations with competing priorities within tight timelines and with frequent interruptions.
- The job is primarily performed indoors in a traditional office setting.
- Extended periods of sitting and extensive work at a computer.
- Must be able to travel periodically to other KORE locations and for training and conferences.
Work Eligibility
Job applicants must be legally authorized to work in the United States for any employer and on an unrestricted basis. KORE is an E-Verify employer, and in compliance with federal law, all persons hired will be required to verify their identity and eligibility to work in the U.S.
Selected candidate will be subject to a pre-employment background check.
KORE is committed to creating an accessible and inclusive hiring process. If you require reasonable accommodation for a disability to access the job application or interview process, please contact Nate Haag at
[email protected].
KORE is dedicated to fostering a diverse and inclusive workplace. We believe that diversity of backgrounds, experiences, and perspectives is integral to our success and innovation. KORE is committed to providing equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, age, genetic information, veteran status, or any other legally protected status.