Total Rewards Specialist

Join Mascoma Bank's Human Resources Team as a Total Rewards Specialist and help us continue to maintain our employee satisfaction! At Mascoma Bank, we aim to provide excellent benefits and competitive compensation practices to help meet the needs of our employees.

As the Total Rewards Specialist you will be responsible for administering, implementing, and working with the AVP, Total Rewards to manage the compensation and benefits programs that align with the organization's strategic objectives. In this role, you will ensure competitive pay practices, regulatory compliance, and employee satisfaction by conducting regular market analyses and administering benefit plans.

• Administer compensation programs including base pay, incentive plans, and bonuses.
• Conduct job evaluations and market pricing to ensure internal equity and external competitiveness.
• Administer employee benefits programs such as health insurance, wellness initiatives, and leave policies.
• Work with AVP, Total Rewards to liaise with benefits vendors and brokers to manage plan offerings and renewals.
• Ensure compliance with federal, state, and local compensation and benefits laws and regulations (e.g., FLSA, ERISA, ACA).
• Provide guidance to PR Business Partners on compensation and benefits best practices.
• Support annual performance review and merit increase processes.
• Assist with the communication and education of compensation and benefit plans to employees.
• Assist with the annual open enrollment event for all employees.
• Participate in compensation and benefits surveys and benchmarking activities.
• Provide the highest level of service to employees and proactively develop and engage in employee programming.
• Adheres to and upholds all written policies and procedures of the Bank, including BSA/CIP and OFAC monitoring and reporting, security, operation, and personnel policies.
• This job description provides a general overview of the role and is not intended to be a comprehensive list of all duties and responsibilities.

Work Location: This position can be performed remotely within our VT/NH service areas.

What You Bring

• Bachelor's degree in human resources, business administration, or a related field or equivalent years of experience.
• 3-5 years of experience in benefits administration and compensation required.
• Strong knowledge of compensation structures, benefits plans, and regulatory compliance.
• Excellent analytical, quantitative, and data interpretation skills.
• Proficiency in HRIS systems and Microsoft Excel.
• Strong communication and interpersonal skills.
• Flexible and adaptable to changing priorities. Must be able to manage multiple projects and be task oriented.
• Attention to detail and high level of confidentiality.

If you are interested in the role and do not meet 100% of the requirements, we are still interested in hearing from you!

Why Mascoma Bank?

• Strong culture of belonging with a team that values creativity, new perspectives and innovation.
• Community first minded, we are about our employees and the communities we serve.
• Competitive compensation.
• Flexible work environment with onsite, remote and hybrid opportunities.
• Career development and internal career mentorships.
• Comprehensive health, dental, and vision.
• 401(K) Program: 4% safe harbor employer match on top of 5% non-elective contribution following one year of service.
• Generous PTO starting at 22 days per year not including 11 paid holidays and 16 hrs. of Volunteer Time Off.
• Tuition Reimbursement.
• Student Loan Paydown and so much more!

Background and Credit Check

As part of our commitment to maintaining a secure financial institution, all final candidates will be required to successfully complete background and credit screenings as part of the hiring process. These screenings will be conducted in accordance with applicable laws and industry regulations.

Please note: Having a record on a background or credit report does not automatically disqualify you. We evaluate results on a case-by-case basis, taking into account their relevance to the role and any regulatory requirements.

Our Commitment to Belonging!

The communities served by Mascoma Bank consist of individuals from diverse backgrounds. Our employees likewise bring unique perspectives, experiences, and approaches to the bank. We strive to create a safe and welcoming environment for all who pass through our doors and a workplace that actively demonstrates mutual respect and trust, one of our core values. A truly inclusive culture leads to a sense of belonging and support for all team members and inspires innovation and creativity. We are committed to recruiting and retaining a diverse talent pool, increasing team member engagement through professional development and community outreach activities, and offering personal growth workshops and team-building opportunities. By embracing diversity, equity, and inclusion, we strengthen our communities and ourselves.

Mascoma Bank is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, ethnicity, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, veteran status, status as an individual with a disability, or other applicable legally protected characteristics. To request a reasonable accommodation, please contact careers@mascomabank.com.

Mascoma Bank is an Affirmative Action and Equal Opportunity Employer, M/F/D/V.