Compensation and Benefits Officer

2 weeks ago

Manila, National Capital Region, Philippines Viventis Search Asia Full time ₱1 - ₱2 per year

Job Summary:

The Senior Compensation and Benefits Specialist is responsible for leading the design, implementation, and continuous improvement of the company's total rewards programs. This includes salary administration, job evaluation, performance-based incentives, and employee benefits. The role ensures internal equity, external competitiveness, and compliance with government regulations while contributing to employee engagement and retention.

Key Responsibilities:

  • Lead the development, review, and implementation of the company's compensation strategy and policies.
  • Conduct salary benchmarking, job evaluation, and market analysis to ensure competitiveness and alignment with business goals.
  • Administer the annual performance appraisal, merit increase, and bonus cycle in coordination with HR and department heads.
  • Provide insights and recommendations on compensation structures, pay bands, and incentive programs.
  • Support management in workforce planning, promotions, and salary adjustments through data-driven analysis.
  • Oversee the administration of employee benefits programs including health insurance, life insurance, retirement plans, and leave management.
  • Evaluate and recommend cost-effective benefit packages and improvements based on employee needs and market trends.
  • Manage relationships with third-party vendors and ensure timely processing of claims, renewals, and enrollment.
  • Monitor and analyze benefits utilization and employee feedback to drive engagement and cost optimization.
  • Ensure compliance with Philippine labor laws and government-mandated benefits (SSS, PhilHealth, Pag-IBIG, BIR).
  • Oversee the accurate preparation and timely submission of statutory reports and remittances.
  • Maintain and safeguard employee compensation and benefits data with confidentiality and accuracy.
  • Develop and maintain HR metrics and dashboards related to compensation and benefits.
  • Lead or support HR projects such as total rewards strategy, job grading, and HRIS implementation.
  • Provide subject matter expertise and guidance to HR colleagues on compensation and benefits-related matters.
  • Continuously review processes for efficiency, automation, and compliance enhancement.

Qualifications:

  • Bachelor's degree in Human Resource Management, Psychology, Business Administration, or related field.
  • At least 5 years of progressive experience in compensation and benefits, with exposure to both strategic and operational aspects.
  • Strong knowledge of Philippine labor laws and government-mandated benefits.
  • Advanced proficiency in Microsoft Excel, HRIS, and data analytics.
  • Excellent communication, presentation, and stakeholder management skills.
  • High attention to detail, integrity, and discretion.

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