compensation and benefits specialist

توضیحات آگهی

We are looking for an ambitious Compensation and Benefits Specialist to join our team. As a Compensation and Benefits specialist, you will be responsible for overseeing, managing and administering our employees' rewards, perks and benefits.
The goal is to attract, retain and motivate high quality employees while reducing turnover and
enhancing our company’s profile as best place to work.

Responsibilities:

• Design and implement comprehensive compensation and benefits programs, ensuring they are competitive, cost-effective, and aligned with industry standards and company objectives.
• Conduct job evaluations and market analysis to determine appropriate salary ranges and benefits packages for various positions within the organization.
• Develop and manage the annual salary review process, including coordinating with managers to ensure accurate and timely completion of salary adjustments.
• Manage the administration of employee benefits programs, including health insurance, retirement plans, and other voluntary benefits.
• Stay updated on relevant legislation, regulations, and trends related to compensation and benefits, and ensure compliance with all legal requirements.
• Conduct regular audits and analyses of compensation and benefits programs to assess their effectiveness and make recommendations for improvements.
• Collaborate with cross-functional teams, including HR, finance, and legal, to ensure effective communication and coordination of compensation and benefits initiatives.
• Provide guidance and support to HR team members and managers regarding compensation and benefits-related matters.
• Assist with the development and delivery of training programs for managers and employees on compensation and benefits policies and procedures.
• Maintain accurate and up-to-date records and documentation related to compensation and benefits programs.
• Answer employees’ queries about HR-related issues
• Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company’s strategy and business goals
• Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc.)
• Use various methods and techniques and make data-based decisions on direct financial, indirect financial and nonfinancial compensations
• Prepare job analysis, job evaluations and job classifications
• Participate in salary and labor market surveys to determine prevailing pay rates and benefits
• Conduct periodic audits and prepare reports
• Maintain HR data tools, reporting, and dashboards.

Requirements and skills

• Proven working experience as a HR Administrator & Compensation and Benefits Specialist
• Experience with HR software like HRIS, HR procedures and can juggle various administrative tasks in a timely manner thorough knowledge of labor laws
• Prior experience in HR practices and compensation cycle management
• Working knowledge of job evaluation and job analysis systems
• Adequate knowledge of current labor rules and regulations
• Familiarity with various types of incentives and benefits
• Extensive knowledge of HRIS and MS Office
• Strong quantitative and analytical skills