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Compensation Specialist

2 weeks ago

Makati City, National Capital Region, Philippines Penbrothers Full time
About Penbrothers
Penbrothers is a leading HR and remote talent management partner, committed to connecting talented Filipinos with global opportunities in high-growth startups and dynamic companies. We foster a culture of innovation and collaboration, empowering our employees to thrive in a flexible work environment.

About the Role:
A Total Rewards Specialist plays a vital role in ensuring the company's compensation and benefits policies align with industry trends and labor laws. This position requires a highly skilled professional to process employee compensation, manage payroll, and oversee timekeeping, final pay, compensation databases, benchmark compensation, and employee benefits. The ideal candidate will provide solutions that create a positive experience for our employees, promoting a culture of trust and respect.

Duties and Responsibilities:
  • Monitor and research compensation and benefits trends, government advisories, and other relevant information.
  • Design reports and recommendations based on research and analysis for senior executive team.
  • Ensure the company is in compliance with Philippine Labor laws.
  • Regular evaluation and assessment of compensation policies.
  • Develop, update, and implement benefit programs for the organization (e.g., retirement plans, leave policies, wellness programs, insurance policies, etc.).
  • Make recommendations based on data analyses.
  • Monitor government regulations, legislation, and benefits trends and apply to our policies for execution.
  • Manage the HMO and Insurance enrollment, renewal, and distribution processes.

Requirements:
  • Bachelor's degree in Accounting, Business Administration, or related field.
  • At least 4 years prior experience in the field of end-to-end Payroll and/or Accounting.
  • Extensive experience in both manual and automated payroll processing.
  • Adequate experience with PH compensation labor laws and regulations including statutory benefits.
  • Experience in Payroll Software/HRIS/MS Office.
  • Experience with Total Rewards benchmarking is a plus.
  • Innovating, creative, and solution-oriented to ensure excellent employee experience.
  • Open to working beyond work hours when deemed necessary.