Compensation and Benefits Officer

5 days ago

Makati City, National Capital Region, Philippines SMBC Group Full time ₱4,000,000 - ₱8,000,000 per year

As a
Compensation and Benefits Officer
, you will be responsible for ensuring the effective administration of the organization's total rewards programs, covering compensation, benefits and HR information systems.

How You'll Make an Impact

  • Participate in the annual salary and benefits review, conducting benchmarking and providing data-driven recommendations.
  • Assist the Department Head in the development, implementation, and continuous improvement of total rewards programs, policies, and procedures.
  • Prepare, maintain, and submit reports required by internal stakeholders, government agencies, and regional or head offices.
  • Serve as the main contact person for service providers, including healthcare and life insurance providers, retirement trustees, consultants, and drug testing centers.
  • Administer the Performance and Compensation Management modules in HR systems, ensuring data integrity and timely resolution of employee or regional inquiries.
  • Manage vendor contracts and renewals, ensuring compliance with the policies and procedures set by the General Affairs Department (GAD).
  • Act as a SuccessFactors administrator, overseeing data updates, configurations, and troubleshooting related to total rewards processes.
  • Ensure compliance with regulatory requirements related to compensation, benefits, and statutory reporting.
  • Support internal regional audits, providing necessary documentation and information as required.
  • Identify opportunities for process improvement and take the lead in implementing system or process enhancements, including regional ad hoc projects.
  • Perform compliance risk management by identifying, evaluating, controlling, monitoring, and reporting potential compliance risks.
  • Handle administrative HR tasks such as issuing Certificates of Employment, Clearances, and PhilHealth Certificates.
  • Serve as a backup for other HR functions as needed.
  • Perform other related duties that may be assigned from time-to-time.

What Sets You Apart

  • Bachelor's degree in Human Resource Management, Psychology, Business Administration, or a related field
  • Experience in compensation, benefits administration, and HR systems; knowledge of SuccessFactors is an advantage.
  • Strong analytical and organizational skills, with attention to accuracy and compliance.
  • Ability to handle confidential information with integrity and professionalism.
  • Familiarity with labor laws, government-mandated benefits, and statutory reporting requirements.

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