Compensation and Benefits Specialist

1 week ago

San Juan, National Capital Region, Philippines SHEENA SPA & WELLNESS Full time

Job Summary:

The HR Compensation & Benefits Specialist is responsible for managing and ensuring the accurate and timely administration of employee compensation, government-mandated benefits, company benefits, and payroll-related functions. The role supports the development and implementation of compensation structures and benefits programs that promote employee satisfaction, retention, and compliance with labor laws.

Duties and Responsibilities:

1. Compensation Management

  • Prepare, validate, and process payroll data accurately and on schedule.
  • Ensure correct computation of salaries, overtime, incentives, adjustments, and deductions.
  • Maintain and update employee salary records, pay rates, and compensation movement.
  • Support salary benchmarking and compensation review initiatives.

2. Benefits Administration

  • Handle the processing, monitoring, and updating of government-mandated benefits (SSS, PhilHealth, Pag-IBIG).
  • Manage company benefits such as leave credits, HMO/health insurance, allowances, and employee assistance programs.
  • Process employee loans, reimbursements, and benefits claims.
  • Coordinate with external agencies and service providers for benefits concerns and updates.

3. Records Management & Compliance

  • Maintain accurate employee records, 201 files, and benefits documentation.
  • Ensure compliance with local labor laws, government regulations, and company policies.
  • Prepare and submit mandatory reports and statutory remittances on time.

4. Employee Support & Communication

  • Respond to employee inquiries regarding payroll, benefits, and compensation matters.
  • Provide guidance on benefits eligibility, procedures, and policy clarifications.
  • Assist in the rollout of compensation and benefits programs or updates.

5. Reporting & Analysis

  • Generate regular payroll and benefits reports for management.
  • Analyze trends and recommend improvements in compensation and benefits practices.
  • Support HR budgeting and forecasting for salary and benefit costs.

Qualifications:

  • Bachelor's degree in Human Resources, Business Administration, Finance, Accounting, Psychology, or related field.
  • At least 2 years experience in compensation, benefits, payroll, or HR operations.
  • Strong knowledge of labor laws and government-mandated benefits.
  • High accuracy, attention to detail, and strong analytical skills.
  • Proficiency in MS Excel and HRIS/payroll systems.
  • Good communication and problem-solving skills.
  • Integrity, confidentiality, and professionalism are essential.

Key Competencies:

  • Accuracy & attention to detail
  • Data analysis & reporting
  • Time management
  • Confidentiality
  • Knowledge of labor regulations
  • Employee service orientation
  • Process improvement mindset

Job Type: Full-time

Pay: Php20, Php25,000.00 per month

Work Location: In person

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