Compensation And Benefits Specialist

We are seeking a detail-oriented and analytical Compensation and Benefits Specialist to manage, administer, and continuously improve the organizations compensation structures and employee benefits programs. This role ensures internal equity, external competitiveness, and alignment with business goals and compliance requirements.

Key Responsibilities:

• Develop, implement, and manage compensation strategies and structures including base pay, variable pay, and incentive programs.
• Evaluate and benchmark compensation and benefits data to maintain competitiveness in the market.
• Administer employee benefits programs such as health insurance, retirement plans, leaves, wellness programs, and other perks.
• Conduct job evaluations and salary surveys; analyze and recommend updates to job classifications and salary ranges.
• Coordinate with payroll to ensure accurate and timely compensation and benefits processing.
• Address employee queries regarding pay, benefits, and other rewards.
• Support annual compensation planning processes including salary reviews, bonus programs, and pay-for-performance.
• Collaborate with HR and finance teams for budgeting and forecasting of compensation and benefits.
• Partner with external vendors and consultants for benefits management and compliance.
• Prepare reports and dashboards for management on compensation and benefits trends.

Qualifications:

• Bachelors degree in Human Resources, Business Administration, Finance, or related field.
• Minimum 2 years of experience in compensation and/or benefits administration.
• Strong knowledge of labor laws and statutory compliance related to compensation and employee benefits.
• Proficient in HRIS systems and Excel (VLOOKUP, Pivot Tables, etc.).
• Analytical mindset with attention to detail and strong numerical aptitude.
• Excellent communication and interpersonal skills.