Financial Wellbeing Specialist

Paychex is reimagining how businesses manage their workforce by bringing payroll, HR, benefits, and advisory services together into a single connected HCM platform. As Paychex and Paycor come together, we're combining innovative technology, data-driven insights, AI, and human expertise to help organizations work smarter, support their people, and achieve better business outcomes. This is an exciting time to join our team as we continue to invest in innovation, simplify client experiences, and shape the future of work. At Paychex, you'll have the opportunity to grow your career, make a meaningful impact, and be part of something bigger as One Paychex.
Overview

Responsible for the operational support of policies and programs that engage our employees in their overall well-being with emphasis on financial well-being and in partnership with emotional, physical and community well-being. The purpose is to engage employees in the retirement and financial well-being components of their total rewards package.

Responsibilities

• Leads performing daily administration functions such as file feed transfers from external vendors to company’s HR system, data audits and statistical reporting on the retirement plans, tuition assistance and other financial well-being programs for the purpose of maintaining continuity and integrity of employee-initiated transactions and measuring employee participation.
• Responds to employee inquiries and resolves employee issues related to the retirement and financial well-being programs for the purpose of improving the employees’ perceived value of such programs and employee experience in partnership with Payroll and/or external vendor partners
• Remains current with changes in regulatory requirements related to retirement, M&A and financial well-being programs to help ensure the company’s retirement, tuition assistance & other financial well-being benefit operations remain in compliance. Keeps abreast of industry trends relating to areas of expertise and their potential impact on Paychex plans, programs, policies and procedures. Communicates and makes recommendations to management to improve our employees’ experience.
• Routinely monitors Paychex intranet to ensure that the information is accurate and relevant to employees. Makes recommendations for changes as appropriate. Assists in developing employee communications campaigns to promote the Paychex retirement plan and other financial well-being programs.
• Assists in the identification and evaluation of employee financial well-being programs, including the assisting with the implementation, and ongoing operation of the retirement and other financial well-being programs (including M&A and communication campaigns and training).
• Identifies and implements new process improvements such as reductions in manual data entry transactions to increase efficiency and integrity of administrative functions. Assists in conducting and reviewing retirement plan annual reporting and compliance requirements which are required by government agencies to offer such plans.
• Processes and tracks purchases, invoices, and other financial transactions with vendors and employee customers for benefit & well-being dept. related initiatives, including, consulting, memberships, M & A, employee programs, events, etc. Partners with the Benefits/HR Analyst to ensure accuracy, appropriateness and compliance of invoices.
• Creates and facilitates training to all employees on vendor partners’ tools/resources to increase employee engagement and education in order to maximize the value of Paychex’ corporate retirement & financial wellbeing benefits/programs.
• Maintains high level of awareness of vendor partner resources/tools; routinely inspects resources and tests tools to make recommendations to increase utilization among employees and their covered dependents. Including maximizing the value of Paychex retirement & financial well-being programs awareness & education.

Qualifications


Compensation

In the spirit of pay transparency, we are excited to share that the starting base pay range for this position is $21.10 - $35.30 per hour. Please keep in mind that this range is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.

Live the Paychex Values

Act with uncompromising integrity.

Provide outstanding service and build trusted relationships.

Drive innovation in our products and services and continually improve our processes.

Work in partnership and support each other.

Be personally accountable and deliver on commitments.

Treat each other with respect and dignity.

What's in it for you?

• We value your well-being: We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.
• We value your time: From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.
• We value your development: Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
• We value your perspective: Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
• We value our communities: We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.

Note: The benefits described apply to full-time employees. Benefits for part-time, contract, and intern roles may vary.
Not sure if you meet every requirement?

At Paychex, we know that great talent comes in many forms. If you're passionate about the role but don't check every box, we still encourage you to apply. You might be the right fit - either for this position or another opportunity with us.
Paychex is an equal opportunity employer. We are committed to fostering a respectful and inclusive workplace where all individuals are treated fairly and evaluated based on their qualifications, experience, and merit. We comply with all applicable federal, state, and local laws prohibiting discrimination in employment.