Ricki Parrott, MBA, CCP, CBP
Director Total Rewards at FN America, LLC- Claim this Profile
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Bio
Credentials
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Certified Benefits Professional
WorldatWorkApr, 2016- Nov, 2024 -
Certified Compensation Professional (CCP)
WorldatWorkApr, 2014- Nov, 2024
Experience
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FN America, LLC
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United States
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Defense and Space Manufacturing
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200 - 300 Employee
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Director Total Rewards
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Jul 2018 - Present
Design, evaluate, and modify compensation and benefits policies to ensure programs are in line with market practices, competitiveness, and in compliance with statutory requirements. Ensure alignment of the strategy, design, and management of total rewards programs including compensation structures, incentive plans, and benefits strategy. Serve as an in-house subject matter expert on compensation and benefits and work closely with various internal stakeholders at all levels. Participate in and conduct salary and benefit surveys to ensure a competitive total rewards structure. Partner with benefits vendors and brokers to ensure best services and fees. Manage the administration of the 401(k) plan, including calculation of employee deferrals, loans, and employer match, including the annual true up. Manage the administration of qualified plan annual compliance, non-discrimination testing, and 5500 reporting. Show less
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BlueCross BlueShield of South Carolina
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United States
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Insurance
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700 & Above Employee
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Senior Compensation Consultant
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Mar 2017 - Jun 2018
Provided specialized knowledge and expertise in the design of compensation programs and practices. Collaborated with business leaders and management on program development and planning for departmental initiatives, including those that have a corporate-wide impact and compensation programs that support business strategy, fit organizational culture and facilitate attracting, retaining and rewarding high-performance employees. Consulted with HR and organizational management to provide business solutions that align with the overall structure of the organization. Conducted analysis of job content and job worth to evaluate internal equity, external competitiveness and legal compliance. Show less
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Sonoco
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United States
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Packaging and Containers Manufacturing
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700 & Above Employee
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Benefits Specialist
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Jun 2014 - Jul 2016
Defined benefit and defined contribution retirement plan administration - manage vendor relationships with Empower Retirement and AON Hewitt: QDROs, POAs, Vesting & Eligibility questions, calculation of annual SRC, HCE determination. Prepare Annual Pension Notices,Benefits Department Technical Notices, and manage the Required Minimum Distribution Process, Loan Default, and Data Management processes. Internal and external ERISA, SOX, and regulatory compliance audits - manage vendor relationship with Grant Thornton: Preparation of form 5500, required documentation for Pension, 401k, Medical, life, and Disability Employee Communications - author and maintain all plan SPDs, SMMs, and SARs, plan documents, amendments, and resolutions. Maintain Sonoco's SharePoint site information for retirement plans, proxy, and compliance documents. Show less
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Southeastern Freight Lines
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United States
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Transportation/Trucking/Railroad
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700 & Above Employee
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Senior Compensation Analyst
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Feb 2006 - Jun 2014
Developed and managed the company's salary range framework, salary administration, performance management, project management. Developed and managed the company's salary range framework, salary administration, performance management, project management.
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Colonial Supplemental Insurance
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Insurance
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300 - 400 Employee
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Business Analyst II
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Jan 2001 - Jan 2006
Managed corporate projects impacting the pay of commissioned sales representatives. Worked directly with IT, Project Management, and the Finance departments to develop project plans, draft requirements, and track progress. Resolved bottlenecks and managed resources to ensure project completion at deadline. Managed corporate projects impacting the pay of commissioned sales representatives. Worked directly with IT, Project Management, and the Finance departments to develop project plans, draft requirements, and track progress. Resolved bottlenecks and managed resources to ensure project completion at deadline.
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Atlantic Coast Mortgage
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Columbia, South Carolina
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Mortgage Broker
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Feb 1999 - Dec 2000
Provided contract initiation between clients seeking to purchase real estate and lenders. Prepared all applications, collected necessary documentation and completed all mortgage loan paperwork according to federal law. Performed title searches and facilitated the home appraisal and closing processes. Provided contract initiation between clients seeking to purchase real estate and lenders. Prepared all applications, collected necessary documentation and completed all mortgage loan paperwork according to federal law. Performed title searches and facilitated the home appraisal and closing processes.
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Columbia Eye Clinic
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Columbia, South Carolina Area
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Ophthalmology Technician
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Dec 1993 - Dec 1999
Provided patient care and assisted the Ophthalmologist with eye exams. Performed tests for glaucoma and visual field loss and assisted with minor surgeries. Updated patient charts and provided patients with written prescriptions for eye care medications. Provided patient care and assisted the Ophthalmologist with eye exams. Performed tests for glaucoma and visual field loss and assisted with minor surgeries. Updated patient charts and provided patients with written prescriptions for eye care medications.
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South Carolina State Senate Insurance Commission
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Columbia, South Carolina
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Senate Page
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Aug 1989 - May 1992
Researched insurance legislation for Senator Edward E. Saleeby, JD Researched insurance legislation for Senator Edward E. Saleeby, JD
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Education
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2002 - 2004
University of South Carolina
Master of Business Administration - MBA, Business Administration and Management, General -
1989 - 1992
University of South Carolina-Columbia
Bachelor's degree, International Studies/Economics -
1985 - 1989
Hartsville High School
Diploma, AP/Honors
Community
