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Compensation and Benefits Manager

7 minutes ago

Makati City, National Capital Region, Philippines Asia Select Full time

Job Description

The Compensation and Benefits Manager is responsible for designing, implementing and managing competitive compensation and benefits programs that attract, motivate and retain employees. The role involves analyzing market trends, developing salary structures, overseeing compensation and benefits administration, ensuring legal compliance and providing recommendations to support organizational goals.

KEY RESPONSIBILITIES

You will:

  • Develop and manage compensation strategies, salary structures, compensation and benefits programs in line with industry benchmarks and organizational needs.
  • Conduct market research, analyze salary survey data and review internal equity to ensure competitive and fair compensation packages.
  • Manage the administration of compensation and benefits programs, maintaining strict confidentiality of salary data and employee information.
  • Manage and oversee movements in salaries for senior manager levels and above, ensuring confidential processing and approvals in coordination with leadership.
  • Collaborate with management to create and communicate recognition programs, including the sales commission and incentives program, that foster performance and engagement.
  • Oversee the annual compensation reviews, bonus programs and communicate related updates clearly and professionally to relevant stakeholders.
  • Ensure compliance with all relevant employment laws and regulations related to compensation and benefits.
  • Prepare and present reports on compensation metrics, cost analyses and trends to support HR and business decision-making.
  • Support HR processes related to recruitment, job evaluation, on-boarding and employee retention.
  • Advise leaders and employees on compensation and benefits-related queries, policies and best practices.
  • Manage relationships with external vendors and benefits providers, ensuring timely and compliant service delivery.
  • Support the HR & Admin Director in the preparation of the annual budget for Human Resources.
  • Handle confidential and sensitive communications regarding compensation and benefits with discretion.
  • Performs other tasks that may be assigned

QUALIFICATIONS & REQUIREMENTS:

  • Must possess at least a Bachelor's/College Degree in Human Resource Management, Business Administration, Finance or a related field.
  • Professional certification in Compensation, Benefits or HR is preferred
  • At least 5 years' experience in compensation and benefits, HR analytics or related HR roles.
  • Track record of designing and administering compensation and benefits programs, as well as extracting data and reporting to stakeholders.
  • Strong knowledge of compensation frameworks, job evaluation methods, and benefits administration.
  • Updated on labor laws and regulations governing compensation and benefits in the Philippines.
  • Advanced proficiency in HRIS, payroll systems, and Microsoft Excel.

Work Schedule: Day shift

Work Setup: Hybrid (1 to 2 days in a week)

Location: Makati City