Compensation Strategist
4 days ago
The HR Officer - Compensation and Benefits plays a pivotal role in ensuring the company's compensation and benefits programs are competitive, compliant with labor laws, and aligned with the company's strategic goals.
This role involves managing payroll processing, designing and implementing employee compensation and benefits programs, and overseeing the administration of benefits packages.
Your Responsibilities
- Compensation Management:
- Administer and maintain salary structures and pay scales based on industry benchmarks.
- Conduct salary benchmarking and job evaluations to ensure competitive compensation.
- Process payroll accurately and in a timely manner, ensuring compliance with tax laws and company policies.
- Analyze compensation trends and provide recommendations for adjustments.
- Manage salary increases, promotions, and annual performance-based compensation reviews.
- Benefits Administration:
- Oversee employee benefits programs, including health insurance, retirement plans, and other welfare benefits.
- Ensure compliance with local labor laws regarding statutory benefits.
- Manage enrollment, renewals, and claims processing for benefits programs.
- Handle employee inquiries related to compensation and benefits.
- Compliance and Reporting:
- Ensure compliance with labor laws, tax regulations, and company policies related to compensation and benefits.
- Prepare and submit reports to government agencies on or before deadlines.
- Maintain accurate records and documentation for audits and internal reviews.
Required Skills and Qualifications
- Bachelor's degree in human resources, Business Administration, or a related field.
- Minimum of 5 years of experience in compensation and benefits or HR-related functions.
- Strong knowledge of labor laws, tax regulations, and benefits administration.
- Proficiency in HRIS, payroll systems, and Microsoft Office applications.
- Excellent analytical, problem-solving, and communication skills.
- High attention to detail and strong organizational skills.
- Ability to maintain confidentiality and handle sensitive information professionally.
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