Compensation & Benefit Specialist

Mission

Design, manage, and continuously enhance total rewards strategies that align with the company’s goals in talent attraction, retention, and development. Leverage data analytics to drive evidence-based decisions and improve HR processes, ensuring a competitive edge in the market.

Key Responsibilities

1. Compensation Policies & Total Rewards Management

• Collaborate closely with the Head of HR to define strategic compensation and reward frameworks.
• Monitor and analyze the compensation structure and benefits package to ensure both market competitiveness and internal equity.
• Evaluate market trends to propose and implement innovative compensation packages that meet organizational objectives.
• Ensure compliance with international policies, including rate range standards.

2. Incentive Systems & Compensation Reviews

• Develop and manage comprehensive, company-wide incentive plans with a focus on accurate implementation and regulatory compliance.
• Assist managers in establishing performance criteria and incentive targets that drive organizational success.
• Forecast and monitor the financial impact of incentive programs on overall labor costs.
• Develop, update, and communicate guidelines to support compensation review processes and managerial decision-making.

3. Compensation Analysis & Benchmarking

• Coordinate participation in market compensation surveys and benchmarking studies to remain aligned with industry standards.
• Analyze compensation data and prepare detailed reports to inform strategic decision-making.
• Implement and maintain job grading systems (e.g., Mercer) through regular reviews and updates.

4. HR Information Systems (HRIS) & KPI Management

• Oversee the development, integration, and maintenance of HRIS tools to optimize HR processes and ensure data integrity.
• Define, monitor, and update key HR metrics related to compensation, retention, and performance.
• Collaborate with IT to enhance system integration and automate HR processes, ensuring timely, data-driven insights.
• Troubleshoot and resolve issues with attendance management systems, coordinating with external providers as needed.

5. Salary Budgeting & Forecasting

• Support the planning, preparation, and monitoring of the salary budget in close collaboration with the Finance team.
• Provide predictive analyses on personnel costs and evolving compensation strategies, adjusting forecasts in line with organizational changes.
• Ensure that forecast adjustments reflect ongoing strategic business initiatives and organizational dynamics.

Requirements & Skills

• Experience in compensation & benefits strategy, compensation analysis, and incentive system management.
• In-depth knowledge of HRIS, HR metrics, and digital transformation within human resources.
• Strong analytical capabilities with a demonstrated ability to interpret complex compensation data.
• Proficiency in Excel and business intelligence tools for comprehensive HR analysis.
• Excellent communication and interpersonal skills, with the ability to collaborate across all organizational levels.
• A strategic, proactive mindset with a commitment to continuous process improvement in a dynamic, international business environment.