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Compensation and Benefits Officer
2 weeks ago
Overview
The Compensation and Benefits Officer is responsible for the effective administration of both government-mandated and company-initiated benefits, ensuring compliance with labor laws and internal policies. This role also manages payroll-related concerns, develops and updates benefit policies, and provides guidance to employees regarding compensation, benefits, and government processes.
Key Responsibilities
- Administer government-mandated and company-initiated benefits, ensuring accuracy, compliance, and timely processing.
- Conduct new hire orientation focused on payroll guidelines, benefits eligibility, and availment procedures.
- Develop, implement, and revise company policies related to employee benefits, including guidelines and procedures for new or updated programs.
- Oversee employee benefit programs and conduct periodic reviews and studies to enhance competitiveness and employee satisfaction.
- Prepare communication materials such as posters and infographics to disseminate government updates; conduct employee orientations when required.
- Manage health-related benefits administration, including but not limited to:
- HMO orientation for new hires
- Review of maternity and sickness benefit computations
- Assistance with Magna Carta leave provisions
- Handle government reporting requirements for new hires across all mandated agencies.
- Prepare PhilHealth requirements and assist employees with government loan certifications, applications, and continuation of loan payments.
- Compute and disburse final pay for resigned employees in coordination with Finance.
- Reconcile monthly government contributions and loans for remittance, ensuring accurate posting and reporting.
- Respond promptly to employee concerns regarding benefits and payroll, providing resolutions in a timely manner.
- Drive process improvements in compensation and benefits administration and maintain updated documentation.
- Stay informed of changes in laws, regulations, and best practices related to payroll and benefits administration.
- Perform special projects and additional tasks as assigned by management.
Preferred Skills and Qualifications
- Bachelor's degree in Human Resources, Business Administration, Finance, or related field.
- Minimum of 2–5 years of experience in compensation and benefits, payroll administration, or HR operations.
- Strong knowledge of Philippine labor laws, tax regulations, and government-mandated benefits.
- Proficiency in Microsoft Excel and HRIS systems.
- Excellent analytical and problem-solving abilities.
- Strong attention to detail, accuracy, and organizational skills.
- Effective communication and interpersonal skills.
- Ability to manage confidential information with the highest level of discretion.
