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Compensation Benefits Specialist
3 weeks ago
Compensation and Benefits Specialist
Job Summary:
The Compensation and Benefits Specialist is responsible for administering employee compensation programs, managing benefits plans, ensuring compliance with labor laws, and supporting overall employee satisfaction through competitive rewards and incentives.
Key Responsibilities:
- Administer payroll processes, ensuring accuracy and timely salary disbursement.
- Manage employee benefits programs, including health insurance, retirement plans, and leave benefits.
- Ensure compliance with government-mandated benefits such as SSS, PhilHealth, and Pag-IBIG.
- Conduct job evaluations and salary benchmarking to maintain competitive compensation structures.
- Assist in developing and implementing compensation policies and incentive programs.
- Address employee inquiries regarding salary, benefits, and deductions.
- Prepare reports and analytics related to compensation and benefits for management review.
- Coordinate with external vendors and government agencies for benefits administration.
- Support audits and compliance checks related to payroll and benefits administration.
Qualifications:
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
- At least 2 years of experience in compensation and benefits administration.
- Strong understanding of labor laws and government-mandated benefits.
- Proficiency in payroll systems and Microsoft Excel.
- High level of accuracy and attention to detail.
- Strong analytical and problem-solving skills.
- Ability to handle confidential information with integrity.