Compensation Benefit Specialist
Compensation Benefit Specialist
Posted on :
11-02-2025
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1 Vacancy
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Job Description
Responsibilities:
- Regularly assess company's compensation and benefits offering providing insights and recommendations while ensuring adherence to applicable regulations
- Participate in annual merit review cycle preparing presentation materials for management discussions
- Assist in the execution of the annual remuneration cycle including salary reviews and adjustments.
- Conduct comprehensive market research to ensure our compensation structures remain competitive and equitable.
- Review and enhance existing benefits programs ensuring they remain competitive and aligned with employee expectations.
- Leverage data analytics to assess the effectiveness of existing compensation and benefits programs.
- Analyze salary trends compensation benchmarks and benefits data to ensure competitiveness in the market.
- Utilize datadriven insights to identify opportunities for improving compensation programs and processes.
- Develop insightful presentation derived from data analytics and HR metrics benchmarking using dashboards or data visualisation tools.
- Implement best practices and recommend adjustments to drive greater efficiency and effectiveness in compensation and benefits offerings
- Prepare and present compensation data reports to senior management providing insights for decisionmaking.
- Assist in the development and implementation of compensation strategies that align with organizational goals and support talent attraction retention and engagement.
- Ensure compliance with local and federal compensation regulations including pay equity and reporting requirements.
Requirements
- Bachelor's degree in Human Resources Business Administration Finance or a related field.
- Minimum 45 years of experience in compensation and benefits with a focus on data analytics and bonus/incentive program management.
- Good understanding of compensation structures including base salary bonuses and longterm incentives.
- Advanced proficiency in Excel or other data analytics tools (e.g. Power BI Tableau).
- Strong analytical skills with the ability to translate data into actionable insights.
- Excellent communication skills both written and verbal with the ability to present complex data in a clear and compelling way.
- Knowledge of compensation best practices and regulatory compliance requirements.
Employment Type
Full Time
Key Skills
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