We are looking for a Compensation and Benefits Specialist to oversee and administer the employees perfect rewards and smart benefits. You will assess personnel needs and draft targeted programs that will increase performance, organisational trust and satisfaction.
Responsibilities:
Compensation Design and Management:
- Develop and maintain a competitive compensation structure based on organizational goals and market standards.
- Create consistent compensation guidelines aligned with our work culture.
- Conduct salary and market research to define compensation benchmarks.
- Conduct thorough analyses of compensation data from various sources, including global surveys.
- Determine the company’s competitive positioning and develop pay ranges for individual jobs.
- Collaborate with HRBPs, Talent Acquisition, and business leaders to address talent concerns and create awareness of rewards programs.
Annual Compensation Planning:
- Drive the annual compensation plan,
including budget planning and salary adjustments.
- Ensure compliance with competitive standards.
Benefits Administration:
- Collaborate with the Payroll function to implement best practices for compliance.
- Streamline total rewards policies and programs.
Collaboration and Compliance:
- Work closely with internal teams to ensure compliance & for HR-related MIS.
Experience: 5 to 6 years in HR, specifically in compensation and benefits management.
Skills:
- Strong understanding of compensation and advantages practices.
- Knowledge of labour laws, strategic HR partnering, and cost-benefit analysis.
- Prior experience in payroll, rewards, recognition, statutory compliance, budgeting, and HRMS.
- Analytical and problem-solving skills.
- Ability to work virtually with diverse technical backgrounds and cultures.
- Organized, reliable, and able to work independently.