Upcoming CTRA Events

Save The Dates

October 8, 2014: “Paying for Performance: How To Address Both Sides of the Equation”

November 4, 2014: CBIA Compensation and Benefits Conference

Details to follow.

LinkedIn Violates Rules, Pays $6M to Employees

LinkedIn Violates Rules, Pays $6M to Employees

This article is another example of what happens when organizations tend to ignore overtime law. It is becoming a “best practice” to ensure that adherence to Federal and state overtime regs is current and a management to-do. As LinkedIn found out violation can be very expensive.

Read the Article on: Inc

Photo Credit: Inc / Shutterstock

Pay For Performance In Healthcare: Mixed Results For Now

Pay For Performance In Healthcare: Mixed Results For Now

Although the business of healthcare is changing rapidly, inclusive of more accountability and performance measurement, Pay For Performance is a hard concept to both implement and execute. Both the cultural and management challenges are hard to change but the economic and market forces are forcing it.

Read the Article on: The New York Times

Photo Credit: The New York Times

Job Posting: Chelsea Groton Bank

Chelsea Groton Bank

Chelsea Groton, southeastern Connecticut’s largest community bank, is seeking to hire an outstanding Compensation and Benefits Manager to join our Human Resources department. This individual will lead our compensation, benefits, and payroll functions and have overall responsibility for compensation administration, analysis, surveys, payroll, and HRIS. Additionally, the position will be responsible for our benefit plans, administration, design, communications, and vendor relationships.

The successful candidate will be responsible for ensuring all benefit plans and compensation programs are competitive and compliant with regulations. This position is responsible for analyzing pay structures and benefit plans designs and make recommendations based on market data. Additionally, this individual will supervise the Payroll and Benefits Administrator.

This position requires a Bachelor’s degree and/or equivalent years of experience in specialized course work/training. An extensive knowledge of payroll systems and pay practices as well as compensation and benefit programs is required. Exceptional communication skills, both oral and written, as well as strong interpersonal and relationship building skills are required. Also required are strong analytical, technical, organizational, and decision making skills. Prior financial institution experience preferred.

We have an excellent opportunity for a truly extraordinary candidate.

Chelsea Groton Bank offers a great place to work with a competitive compensation and benefits package. For consideration, please apply at www.chelseagroton.com.