Manager Compensation and Benefits

As a Compensation and Benefits Manager, you will play a crucial role in the people strategy team by contributing to the development of compensation and benefits structure and processes at a global level. Your responsibilities will include designing, implementing, and managing programs that attract, retain, and motivate employees while ensuring they are competitive, compliant, and aligned with the organization's strategic goals to foster a high-performance culture. Your role will require strong analytical skills, in-depth knowledge of compensation and benefits practices, and effective collaboration with HR, finance, and business teams. This position is an Individual contributor role. Key Responsibilities: - Conduct market analyses to maintain competitive compensation practices - Develop and uphold compensation policies in compliance with legal requirements - Administer manpower cost analysis and support workforce planning for new projects - Oversee the administration of employee benefits programs like health, dental, retirement plans, and leave policies - Evaluate benefits offerings" effectiveness and competitiveness, recommending changes based on employee needs and market trends - Collaborate with vendors, brokers, and consultants to manage plan design, renewals, and compliance - Analyze compensation and benefits data to aid decision-making and policy development - Provide regular and ad-hoc reports on compensation metrics, benefits utilization, and cost trends - Monitor budgetary impact of total rewards programs and support forecasting and planning - Maintain accurate compensation and benefits data within HRIS - Partner with HR teams and senior leaders to offer compensation guidance and support workforce planning - Conduct training sessions on compensation and benefits policies and practices for HR teams, managers, and leaders Qualifications Required: - Bachelor's degree in Human Resources, Business Administration, Finance, or related field; Master's degree preferred - 8+ years of progressive experience in compensation and/or benefits, with at least 2 years in a managerial or specialist role - Strong understanding of compensation principles, benefits administration, and relevant legal regulations - Excellent analytical, communication, and interpersonal skills - Experience in global or multi-country rewards programs (Note: The above job description is based on the provided information and does not include any additional details about the company.),