Compensation And Benefits Specialist

Job Title:

Job Summary:

Executive / Officer / Assistant Manager Compensation & Benefits

Key Responsibilities:

Compensation Strategy & Execution

• Execute and support compensation strategies in alignment with organizational goals.
  
• Conduct benchmarking and pay competitiveness studies.
  
• Support annual salary reviews, promotions, incentive structures, and pay corrections.
  
• Interpret reports from Mercer, Aon, or similar providers to guide compensation decisions.
  
• Apply percentile matrices in compensation decisions.
  

Benefits Administration

• Manage end-to-end employee benefits including insurance, retirement plans, wellness, etc.
  
• Coordinate with vendors and brokers for efficient service delivery.
  
• Recommend cost-effective improvements to benefits offerings.
  

Compliance & Governance

• Ensure adherence to compensation and benefits-related statutory and legal guidelines.
  
• Prepare required reports and assist during audits.
  

Analytics & Reporting

• Maintain compensation and benefits data in HRIS and internal systems.
  
• Generate dashboards and MIS for management decision-making.
  
• Track trends and prepare data-driven insights and recommendations.
  

Employee Communication & Support

• Address employee queries related to compensation and benefits.
  
• Design communication material to create awareness and transparency on C&B policies.
  

Key Requirements:

Education:

• Bachelor’s degree in HR or Business Administration.
  

Experience:

• Up to 5 years of relevant experience in Compensation & Benefits.
  
• Experience working with mid to large-sized organizations.
  
• Prior involvement in the execution of C&B structures and internal systems implementation.
  

Skills & Competencies:

• Strong analytical and numerical capabilities.
  
• Advanced Excel skills (mandatory).
  
• Good understanding of percentile matrices, Mercer, and Aon reports.
  
• Excellent stakeholder management and communication skills.
  
• HRIS and Google Suite proficiency.
  
• High levels of integrity and confidentiality.