
Compensation and Benefits Specialist
6 days ago
Job description:
Responsibilities:
Total Rewards Management:
- Management of compensation and benefits programs.
- Lead the review, design and development of comprehensive compensation and rewards packages that align with business objectives and strategies.
- Ensures that payroll runs on a regular and definitive pay cycle.
- Ensures that the company is compliant with government-mandated benefits and taxes.
- Ensures that employees can access and avail of benefits available to them, whether company-initiated or government-mandated.
- Establish and maintain compensation and rewards guidelines that reflect organizational culture and values.
- Oversee the creation and analysis of job descriptions, evaluations, and classifications.
- Conduct salary and labor market research to set competitive benchmarks and adjust compensation and rewards structures accordingly.
- Lead efforts to assess various employee needs through organizational surveys and feedback mechanisms.
- Ensure compensation practices adhere to legal requirements and integrate best practices in the field.
- Support annual processes such as salary reviews, bonus planning, and benefits review and administration.
Market Intelligence & Relationship Management:
- Maintain active relationships with external vendors (e.g., WTW) and peer companies to stay updated on market trends and best practices.
- Participate in industry surveys and analyze results to inform internal strategies.
- Conduct internal benchmarking and job evaluations to ensure consistency and equity across the group.
Budget Management:
- Manage the budget for Total Rewards, including salaries and benefits budget ensuring efficient allocation of resources.
Qualifications:
Education:
- Bachelor's degree in Human Resource Management, or other relevant Management or Social Science disciplines; Total Rewards Certification is a plus
Experience:
- At least 2 years of relevant work experience; excellent industry awareness and understanding of total rewards management
Technical Skills:
- Knowledge of job analysis, job evaluation, grade recommendations, and reward management tools and techniques
- Ability to analyze and develop innovative and business-focused solutions that take account of the employee's needs
- Ability to develop structured processes, policies and procedures that support goal achievement
- Has a good working knowledge in HRIS, especially for timekeeping and payroll
- Familiarity with survey platforms (e.g., WTW Compensation) is an advantage.
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