Benefits & Payroll Intern

Overview

Magnera's purpose is to better the world with new possibilities made real. For more than 160 years, the originating companies have delivered the material solutions their partners need to thrive. Through economic upheaval, global pandemics and changing end-user needs, they have consistently found ways to solve problems and exceed expectations. By bringing together these legacy companies, the distinct scale and comprehensive portfolio of products will bring customers more materials and choices. With a combined legacy of resilience, Magnera will build personal partnerships that withstand an ever-changing world.

 

The Benefits & Payroll Intern is responsible for supporting and administering the organization's payroll, benefits, and compensation programs. This role ensures accurate and timely payroll processing, effective benefits administration, and compensation support while maintaining compliance with federal, state, and local regulations. The ideal candidate demonstrates strong attention to detail, analytical skills, customer service orientation, and the ability to manage confidential employee information.

Responsibilities

Payroll Administration

• Process multi-state payroll accurately and on time in accordance with company policies and payroll schedules.
• Review, validate, and audit payroll data including new hires, terminations, pay rate changes, bonuses, commissions, and deductions.
• Reconcile payroll reports and resolve payroll discrepancies.
• Maintain payroll records and ensure compliance with federal, state, and local wage and hour regulations.
• Coordinate with Finance on payroll funding, reporting, and general ledger reconciliations.
• Support year-end processes including W-2 preparation and distribution.
• Respond to employee inquiries regarding pay, taxes, deductions, and payroll policies.

Benefits Administration

• Administer employee benefit programs including medical, dental, vision, life insurance, disability, retirement plans, and wellness programs.
• Manage employee enrollments, changes, terminations, and qualifying life events.
• Serve as the primary point of contact for employee benefits questions and issue resolution.
• Coordinate open enrollment activities and employee communications.
• Maintain benefit eligibility records and ensure timely processing of benefit transactions.
• Partner with benefit vendors and brokers to resolve issues and support program administration.
• Audit benefit invoices and assist with monthly reconciliations.
• Ensure compliance with applicable regulations including ACA, COBRA, HIPAA, ERISA, and other benefit-related requirements.

Compensation Support

• Support compensation administration processes, including salary reviews, merit increases, promotions, and market adjustments.
• Maintain job descriptions, salary structures, pay grades, and compensation data.
• Assist with compensation surveys, market benchmarking, and analysis.
• Prepare reports and analytics to support compensation planning and decision-making.
• Ensure compensation actions are aligned with company policies and pay practices.
• Support annual compensation cycles and special compensation projects.

Reporting and Compliance

• Generate and analyze HR, payroll, benefits, and compensation reports.
• Maintain accurate employee records within HRIS, payroll, and benefits systems.
• Support audits, regulatory filings, and compliance reporting requirements.
• Identify opportunities for process improvements and increased efficiency.
• Ensure confidentiality and security of employee data.

Qualifications

Education

• Currently pursuing a bachelor's degree in Human Resources, Business Administration, Accounting, Finance, or related field preferred.

Experience

• 0-2 years of experience in payroll, benefits administration, total rewards, or HR operations.

Key Competencies

• Customer Focus
• Attention to Detail
• Compliance Orientation
• Data Analysis
• Problem Solving
• Collaboration
• Integrity and Confidentiality
• Time Management
• Continuous Improvement