About this role
Compensation & Benefits Analyst II
Location: San Antonio, Texas
Job Type: Full-Time
Industry: Construction / Engineering Services
About the Role
Our client is seeking a Compensation & Benefits Analyst II to support the administration and analysis of employee compensation, benefits, and retirement programs. This role will partner with HR, Payroll, Accounting, management, employees, and external vendors to ensure programs are accurate, competitive, and compliant.
The ideal candidate has strong compensation and benefits experience, advanced Excel skills, excellent attention to detail, and experience with retirement plans, compensation benchmarking, and benefits administration.
Key Responsibilities
- Administer compensation, benefits, 401(k), and ESOP programs.
- Manage employee eligibility, enrollment, plan changes, distributions, rollovers, loans, and other participant transactions.
- Support annual Open Enrollment, employee communications, benefit fairs, and individual enrollment assistance.
- Conduct compensation benchmarking, salary surveys, job evaluations, and market analysis.
- Evaluate positions for appropriate exempt/nonexempt classification and compensation ranges.
- Research compensation trends and support pay equity and competitive compensation initiatives.
- Perform monthly Health & Welfare premium deduction audits.
- Prepare and distribute ESOP and Total Compensation Statements.
- Support retirement plan compliance testing, audits, year-end reconciliations, and Form 5500 reporting.
- Prepare required plan documents, reports, and regulatory filings.
- Partner with brokers, recordkeepers, third-party administrators, auditors, Payroll, Accounting, and HR.
- Provide employees and managers with guidance regarding compensation and benefits.
- Maintain accurate and confidential employee and benefits records.
- Support HR initiatives, process improvements, and special projects.
Required Qualifications
- Bachelors degree in Human Resources, Business, or related field, or equivalent combination of education and experience.
- 5+ years of experience in compensation and benefits.
- Experience with retirement plan administration.
- Advanced Microsoft Excel skills.
- Strong analytical, organizational, and problem-solving skills.
- Excellent written and verbal communication skills.
- Strong customer service skills and attention to detail.
- Ability to manage multiple priorities and deadlines.
- Ability to maintain confidentiality when handling sensitive employee information.
Preferred Qualifications
- ESOP experience.
- 401(k) administration experience.
- SHRM-CP, PHR, or CCP certification.
- Experience with compensation surveys and market benchmarking.
- HRIS, benefits, payroll, or retirement plan system experience.
- Experience in the construction or engineering industry.
- Knowledge of applicable compensation, benefits, and retirement plan regulations.
Work Environment & Physical Demands
- Primarily indoor, professional office environment.
- Ability to sit for extended periods and perform frequent standing and walking.
- Occasional climbing, bending, stooping, kneeling, reaching, and crouching.
- Visual ability to read printed and electronic documents.
- Ability to occasionally lift or exert force of up to 20 pounds and frequently lift or exert force of up to 10 pounds .