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Job Description
- Researching compensation and benefits policies and plans
- Ensuring compensation and benefits plans are cost-effective and competitive
- Monitoring and researching compensation and benefits trends
- Comparing benefits and compensation plans, job classifications, and salaries through data and cost analyses
- Designing reports and recommendations based on research and analysis for senior executive team
- Preparing and updating job descriptions and occupational classifications
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Compensation
- Assessing the organization’s pay structure
- Researching compensation trends and reviewing compensation surveys
- Evaluating compensation policies
- Ensuring that the pay practices comply with state and federal laws and regulations
Benefits
- Administering the organization’s benefits programs (e.g., retirement plans, leave policies, wellness programs, insurance policies, etc.)
- Researching and analyzing benefits plans, programs, and policies
- Making recommendations based on data analyses
- Monitoring government regulations, legislation, and benefits trends
- Working with insurance brokers and benefits careers
- Managing the enrollment, renewal, and distribution processes
Job Analysis
- Writing and revising job descriptions
- Determining position classifications
- Preparing and updating salary scales
- Making recommendations to managers regarding job descriptions, salaries, and classifications
Job Requirements
- Proven working experience as a compensation and benefits specialist
- Prior experience in HR practices and compensation cycle management
- Working knowledge of job evaluation and job analysis systems
- Previous experience with organisational psychology and labour market surveys
- Adequate knowledge of current labour rules and regulations
- Familiarity with various types of incentives and benefits
- Extensive knowledge of HRIS and MS Office
- Strong quantitative and analytical skills
- BS degree in human resources, business administration or finance
- Strong with numbers
- Detail-oriented
- Great communication
- Strong Ethics and Discretion
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