Compensation Coordinator Job Description

Compensation Coordinator Job Description

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Compensation coordinator provides information in response to general inquiries about human resources issues, employment opportunities, and rules and regulations governing employment including pay, immigration, Americans with Disabilities Act, UMass disability services, Family and Medical Leave Act, workers compensation and the Faculty and Staff Assistance Program.

Compensation Coordinator Duties & Responsibilities

To write an effective compensation coordinator job description, begin by listing detailed duties, responsibilities and expectations. We have included compensation coordinator job description templates that you can modify and use.

Sample responsibilities for this position include:

Liaising with vendors to ensure data and information passed is accurate
Generate any necessary reporting for internal or external purposes
Fulfill requirements to comply with the Affordable Care Act, such as collecting SSNs
Ownership of activities conducted in Employease and interaction with other systems
Assistance with responding to employees on basic benefits questions
Assistance with ad-hoc requests, such as compiling materials requested for an audit
Responsible for billing, including processing invoices in a timely manner and tracking against budgets
Ad-hoc/seasonal support of broad-based compensation planning process
Work with Compensation Lead to configure system for year-end performance reviews and compensation planning
Provide technical support for HRGs and managers during year-end process

Compensation Coordinator Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Compensation Coordinator

List any licenses or certifications required by the position: CPR, AED, BLS, PHR, SHRM, OSHA, CPA, EA, GMS, SIP

Education for Compensation Coordinator

Typically a job would require a certain level of education.

Employers hiring for the compensation coordinator job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Education, Business, Human Resources, Business/Administration, Management, Associates, Accounting, Finance, Nursing, Communication

Skills for Compensation Coordinator

Desired skills for compensation coordinator include:

Hospital/departmental policies and procedures regarding Employee Health and workers’ compensation
Occupational health
Medical terminology
Workers compensation
Excel
Laws
American’s with Disabilities Act
California Family Rights Act
Fair Employment and Housing Act and Workers Compensation
Family Medical Leave Act

Desired experience for compensation coordinator includes:

Review and audit inpatient hospital, same day surgery and Physician bills/charts
Communicate and interface with hospital staff regarding bill audit questions and issues
Determine medical necessity and appropriateness of patient's length of stay
Perform medical record review of PIP pre-certification auto injury claims
Monitor medical cost control processes and programs
Review files and invoices to evaluate compliance with applicable statutory and regulatory requirements

Compensation Coordinator Examples

1

Compensation Coordinator Job Description

Job Description Example
Our company is looking to fill the role of compensation coordinator. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for compensation coordinator
  • Monitor vendor compliance with requirements
  • Responsible for the system activities including maintenance, file preparation, clean up and updating monthly accounts productivity
  • Responsible for the monthly processing and quarterly sales force top-up commission payments
  • Coordinate, prepare and submit pay schedules
  • Prepare and submit Private Trust Referral fee payments
  • Responsible for the monthly distribution and preparation of Staff Statistics and all related monthly reporting to Finance
  • Responsible for preparation, maintaining and distribution of monthly Benefits and all Analysis Reports
  • Responsible for reporting quarterly scorecard
  • Responsible for coordinating & ensuring all relative files for monthly reporting is properly administered
  • Monitor and Analyze balancing of various balance sheets
Qualifications for compensation coordinator
  • Responsible for any ad hoc reports
  • Research and prepare market data composites for r positions across the company
  • Audit personnel change notices and job requisitions to ensure compliance accuracy
  • Administer the Employee Stock Purchase Plan including the communication of eligibility as well the administrative duties to ensure successful monthly purchases
  • Assist in creative of wellness initiatives such as organizing heath fair, flu shots
  • The candidate must have a demonstrated ability to function as a team leader, able to foster management and associate participation, have strong interpersonal communication, strong computer skills, and strong benchmarking and data analytics skills
2

Compensation Coordinator Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of compensation coordinator. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for compensation coordinator
  • Calculate and process all accounting entries and required adjustments
  • Prepare pay sheets details statements for the Investment Advisors
  • Balance and reconcile assigned control accounts
  • Prepare all month end reporting requirements
  • Provide superior client service by researching and responding to compensation related queries/issues
  • Willing to learn and provide back-up to ensure departmental work volumes are completed on schedule
  • Maintain a close working relationship with all internal and external customers
  • Be a team player and contribute to the continuous improvement of client servicing and productivity within the group
  • Monitor rookie IA arrangement and guarantees
  • Processing of insurance statements
Qualifications for compensation coordinator
  • System activities including maintenance, file preparation, clean up and updating monthly accounts productivity
  • Monthly processing and quarterly sales force top-up commission payments
  • Monthly distribution and preparation of Staff Statistics and all related monthly reporting to Finance
  • Prepare, maintain and distribute monthly Benefits and all Analysis Reports
  • Execute the reporting quarterly scorecard
  • Coordinate & ensure all relative files for monthly reporting are properly administered
3

Compensation Coordinator Job Description

Job Description Example
Our company is looking for a compensation coordinator. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for compensation coordinator
  • Providing assistance as needed on equity plan administration
  • Production and mid-level analysis of reports
  • Assist with LOA and Open Enrollment
  • Serve as the primary administrator of the REWARD tool
  • Serve as primary resource for the survey process, including accurate submission of compensation data to providers and loading of market data results to REWARD
  • Run compensation reports utilizing HRIS system
  • Evaluates accident reports, ensuring the timely processing of medical bills and temporary total disability benefits
  • Reviews accident reports to identify patterns of injury and to determine whether unsafe conditions contributed to the accident
  • Assist in the completion and distribution of all Practice Hospital OSHA logs
  • Provide excellent customer service as the first point of contact for our employees on benefits-related questions, and orient our new hires at the Home Office
Qualifications for compensation coordinator
  • Assist with researching plan design changes, data analysis and presentation of annual benefits renewals
  • Liaise with Employee Assistance Program (EAP) provider in the administration of the program for Corporate office
  • Assist with on-going Corporate office and hotel benefits communication
  • Serve as back-up administrative support
  • Working with external vendors to roll out education and communication campaigns to hotels and employees
  • Liaise with hotels for gathering annual 401(k) audit information
4

Compensation Coordinator Job Description

Job Description Example
Our company is searching for experienced candidates for the position of compensation coordinator. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for compensation coordinator
  • Ensure data integrity between the carrier systems and Gymboree’s systems
  • Pay and reconcile invoices
  • Establish and implement hours of operation to best suit the needs of the department and the customers served
  • Identify priorities to enable the Employee Health Department to function in a safe, effective and efficient manner
  • Establish and implement the most effective staffing mix
  • Review and update policies as scheduled
  • Implement new policies relevant to the Employee Health Department and Workers’ Compensation in accordance with State and Federal regulations and recommendations
  • Comply with accepted professional and hospital standards in treating employees and other “customers”
  • Ability to administer medications in a safe and effective manner
  • Interact with contacts both within and outside the organization to serve as a resource person to exchange pertinent information while maintaining strict confidentiality
Qualifications for compensation coordinator
  • Minimum 1 year experience with media company or customer service position
  • Assist in coordination of year end 401(k) match allocation and funding process with hotels
  • Assist in development of internal processes and controls to adhere to employee eligibility requirements, transfer tracking, globally terminated employee accounts, and support quarterly data management process
  • Respond to hotel inquiries regarding the administration of 401k
  • Assist with US GRP Funding
  • Understanding of general industry compensation principles and total rewards concepts
5

Compensation Coordinator Job Description

Job Description Example
Our company is looking to fill the role of compensation coordinator. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for compensation coordinator
  • Oversee and assist in the retrieval of data necessary for the completion of records and reports that are necessary for governmental regulations, insurance purposes, and various committees
  • Create and provide reports required by internal reporting committees and external reporting agencies
  • Consult with appropriate resources including but not limited to physicians, servicing agents and legal services regarding Employee Health issues and Workers’ Compensation cases as required
  • Oversee the maintenance of the Employee Health Department and Workers’ Compensation records and files in accordance with State and Federal regulations
  • Oversee the development and implementation of the Employee Health Department portion of the new employee experience
  • Consistently and accurately explain reasons behind Employee Health policies and procedures
  • Serve as a member of the global Total Rewards Team
  • Completion of Salary Survey Data submission for Radford and IPAS
  • Responsibility for the publishing of various countries benefits intranet pages with new value messaging
  • Serve as tester for the launch of the Comp Planning tool for Cycle 2 in July/August
Qualifications for compensation coordinator
  • Intermediate level proficiency in word processing, spread sheeting, and presentation skills
  • A 4 year degree is required, a degree in risk management or workers-compensation related field is preferred
  • Strong organization skills, with the ability to prioritize deadlines and manage multiple projects
  • Experience with Workday or comparable HRIS
  • Strong Word and PowerPoint
  • Experience with Lotus Notes as asset

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