Benefits and Payroll Manager

$120,000 - $140,000 yearly
Job Category: Human Resources
Position Type: Direct Hire / Permanent
Work Model: Hybrid
Location: Chicago, Illinois
Job ID: 151530
Benefits: Dental Insurance, Vision Insurance, Medical Insurance
Additional Compensation: Bonus
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Lasalle Network is pleased to be partnered with a privately held investment firm that is headquartered in Chicago! They are seeking a Benefits and Payroll Manager to design and manage comprehensive HR strategies that enhance employee satisfaction, ensure compliance, and align with organizational objectives. This is a unique opportunity to build robust systems from the ground up, leveraging best-in-class processes to drive operational excellence.

Benefits and Payroll Manager Responsibilities:
  • Oversee selection, administration, and optimization of employee benefits programs, including healthcare, retirement, wellness initiatives, and open enrollment processes
  • Assist in compensation planning, including market analysis, benchmarking, merit increases, bonus payouts, budget reconciliation, compliance, and HRIS updates
  • Conduct regular benchmarking to maintain competitive compensation and benefits packages
  • Develop communication strategies to educate employees and leaders about total rewards programs
  • Manage vendor relationships to optimize costs and service quality
  • Oversee payroll processes, including tax management, reporting, and compliance
  • Manage all aspects of the 401(k) plan, including audits, compliance reporting, and quarterly meetings
  • Ensure adherence to federal, state, and local employment laws, including ACA and Department of Labor audits
  • Collaborate with finance and HR leadership to support the annual HR budget process
  • Maintain and update the employee handbook to reflect current policies and legal requirements
  • Utilize data analytics to evaluate and improve compensation, benefits, and operational programs
  • Oversee compliance audits for workers' compensation, benefits, and payroll, ensuring accuracy and readiness
  • Administer volunteer and reward and recognition initiatives to foster employee engagement

Benefits and Payroll Manager Requirements:
  • Bachelor’s degree in Human Resources, Business, or a related field; Master’s degree or certifications (e.g., CCP, CEBS) preferred
  • 7+ years of progressive HR experience in compensation, benefits, payroll, and compliance
  • Proven success in designing and implementing total rewards strategies
  • Experience in private equity or investment management environments is highly desirable
  • Expertise in HRIS and payroll systems (e.g., ADP)
  • Strong knowledge of compensation methodologies, market analysis, and regulatory compliance
  • Analytical mindset with the ability to use data to drive strategic decisions
  • Exceptional leadership and communication skills
  • Ability to manage multiple priorities in a fast-paced environment

If you meet the above requirements and feel this would be a good fit, please apply today!

Thank you,

Allison Sachnoff
Senior Project Manager
LaSalle Network

 
LaSalle Network is an Equal Opportunity Employer m/f/d/v.

LaSalle Network is the leading provider of direct hire and temporary staffing services. For over two decades, LaSalle has helped organizations hire faster and connect top talent with opportunities, from entry-level positions to the C-suite. With units specializing in Accounting and Finance, Administrative, Marketing, Technology, Supply chain, Healthcare Revenue Cycle, Call Center, Human Resources and Executive Search. LaSalle offers staffing and recruiting solutions to companies of all sizes and across all industries. LaSalle Network is the premier staffing and recruiting firm, earning over 100 culture, revenue and industry-based awards from major publications and having its company experts regularly contribute insights on retention strategies, hiring trends and hiring challenges, and more to national news outlets.