Compensation & Benefits Specialist

Salary Range: $65,000 – $75,000

Position Summary

We are seeking a detail-oriented and analytical Compensation & Benefits Specialist to support our Human Resources team and our employees. This role is responsible for the accurate and timely processing of bi-weekly payroll and administration of employee benefit programs, including our self-funded medical plan.

The ideal candidate will partner closely with our benefits broker and external vendors to ensure seamless administration of all benefit offerings while maintaining compliance and delivering a high level of service to employees.

Key Responsibilities

Payroll Administration

• Process bi-weekly payroll using Paylocity, ensuring accuracy and timeliness
• Maintain and manage electronic time and attendance records
• Review, audit, and reconcile payroll reports and employee data
• Ensure compliance with federal, state, and local payroll regulations
• Serve as primary point of contact for employee payroll questions

Benefits Administration

• Administer all employee benefits programs, including a self-insured medical plan
• Partner with benefits brokers, third-party administrators, and related vendors to manage plan performance and employee experience
• Coordinate open enrollment, benefit communications, and employee education
• Assist employees with benefit enrollment, changes, and claim-related questions
• Ensure accurate payroll deductions and benefits recordkeeping

Reporting & Compliance

• Support audits, 5500 filings, and benefits-related compliance requirements
• Maintain benefits and compensation data, reports, and documentation
• Assist with compensation analysis, salary benchmarking, and annual review processes
• Track FMLA, disability, and other leave programs as needed

Qualifications

• Minimum 3+ years of experience in payroll and benefits administration
• Hands-on experience processing payroll; Paylocity experience strongly preferred
• Experience working with self-funded (self-insured) medical plans required
• Strong knowledge of payroll laws, tax regulations, and compliance requirements
• Advanced proficiency in Microsoft Excel and HR/payroll systems
• Strong attention to detail, organizational, and problem-solving skills
• Excellent communication and customer service skills

Preferred:

• SHRM certification (SHRM-CP or SHRM-SCP) or equivalent is a plus

Rhinebeck Bank is an Equal Opportunity / Affirmative Action Employer. We do not discriminate based on race, color, religion, sex, national origin, veteran or disability status, sexual orientation, gender identity, transgender status, or any other characteristic protected by applicable law.