Compensation and Benefits Specialist

We are seeking a Compensation and Benefits Specialist to develop, manage, and optimize our organization's compensation and benefits programs. The ideal candidate should have a strong understanding of payroll management, benefits administration, and market trends to ensure competitive and fair compensation structures.

Key Responsibilities:

• Design, implement, and manage compensation and benefits programs in alignment with company policies and industry standards.
• Conduct job evaluations and salary benchmarking to ensure competitive pay structures.
• Administer employee benefits programs including health insurance, retirement plans, and wellness initiatives.
• Ensure compliance with labor laws and company policies regarding compensation and benefits.
• Collaborate with HR and finance teams to oversee payroll processing and tax regulations.
• Develop and update compensation policies, bonus structures, and incentive programs.
• Conduct market research and salary surveys to recommend competitive salary structures.
• Assist in preparing reports and presentations for management on compensation trends and analysis.
• Handle employee inquiries and grievances related to compensation and benefits.
• Support the annual performance appraisal and salary review process.

Requirements:

• Bachelor’s degree in Human Resources, Finance, Business Administration, or related field.
• Proven experience in compensation and benefits management.
• Strong understanding of salary structures, incentive plans, and labor laws.
• Proficiency in HRIS and payroll software.
• Analytical mindset with excellent data analysis and reporting skills.
• Strong communication and negotiation skills.
• Ability to work collaboratively with HR, finance, and leadership teams.