Specialist - Compensation & Benefits
Duties and Responsibilities:
Compensation Management:
- Develop and maintain competitive compensation structures for various job levels and functions.
- Assisting in evaluations and market surveys to ensure salary ranges remain competitive and equitable and ensure positions are classified correctly and compensated fairly.
- Monitor and analyse compensation trends and recommend adjustments to salary structures.
- Assist with salary benchmarking and ensure internal equity.
- Support the annual salary review process, ensuring consistency and fairness.
Benefits Administration:
- Administer Policy formulation, employee benefits programs, including health insurance, retirement plans, and wellness initiatives.
- Communicate benefits offerings clearly to employees and assist with enrolment, changes, and claims processes and help addressing their queries
Compliance & Reporting:
- Ensure compensation and benefits practices comply with local, state, and federal regulations.
- Prepare and submit periodic reports related to compensation, benefits, and workforce analytics.
- Assist in creating and maintaining policies and procedures related to compensation and benefits.
Employee Communication & Support:
- Provide guidance and support to employees on compensation and benefits-related questions or concerns.
- Organize and lead training sessions on compensation and benefits programs.
- Develop communication materials and presentations to promote employee engagement and understanding of available benefits.
Data Analysis & Optimization:
- Analyse compensation and benefits data and provide recommendations for program improvements or adjustments
- Performance Management Process
- Running Payroll
Qualification & Experience:
- Graduate with MBA in HR preferred. Relevant HR certifications (e.g., Certified Compensation Professional (CCP),
- Certified Employee Benefit Specialist (CEBS)) are a plus.
- 10 to 12 years of relevant experience in compensation and benefits
- Strong knowledge of compensation structures, benefits programs, and legal requirements related to employee compensation and benefits.
Hands-on experience working with external benchmarking agencies such as Mercer, Hewitt, Aon, and Cerberus
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