Overview
: We are seeking a highly motivated and experienced Manager in Performance & Total Rewards to join our client's Total Rewards team. The ideal candidate will have a strong background in compensation and benefits management, exceptional analytical skills, and the ability to design, implement, and manage competitive and innovative compensation and benefits programs. This role involves working closely with employees, HR partners, and senior management to ensure our compensation and advantages packages are competitive, compliant, and aligned with the organization's strategic objectives.
Responsibilities
:
*1. Compensation Management:*
• Analyze market trends and conduct compensation benchmarking to ensure the organization's salary structure remains competitive.
• Administer and manage the annual salary review process, quarterly and monthly compensation related interventions, ensuring fairness and consistency across the organization.
• Develop and implement variable pay and incentive programs (including long-term incentive plans) to drive employee performance and engagement.
• Provide guidance to HR and hiring managers on job evaluations and salary negotiations.
*2. Benefits Administration:*
• Oversee the design, communication, and administration of employee benefits programs, including health insurance, retirement plans, and wellness initiatives.
• Stay up-to-date with legislative changes related to benefits, ensuring compliance with all regulations.
• Collaborate with benefits vendors and brokers to negotiate competitive rates and offerings.
• Address employee inquiries related to benefits and facilitate open enrollment processes.
*3. Data Analysis and Reporting:*
• Utilize data analytics tools to analyze compensation and benefits data, providing insights to support decision-making.
• Prepare regular reports and presentations for senior management on compensation and benefits metrics, trends, an