- Responsible for overseeing the internal and external monthly settlements to ensure personnel receives the correct compensation in a timely manner.
- Ensuring compensation and benefits plans are cost-effective and competitive.
- Monitoring and researching compensation and benefits trends.
- Develop and monitor the compensation package based on business goals and strategy and ensuring that compensation practices are following the labor law and regulations.
- Ensure salaries and benefits comply with the current legislation about human rights and pay equity.
- Ensure that compensation practices are in compliance with current laws and regulations.
- Make monthly (regular) analysis for all payroll and pinpoint the differences and report the reasons behind.
- Ensure complying with all applicable national laws and in particular with those related to Employment, Insurance and Tax.
- Develop internal best practices and continually improving the annual increase process.
- Maintaining accurate records of payroll documentation and transactions.
- Design compensation packages and bonus programs that align with the company’s strategic plan
- Compare benefits and compensation plans, job descriptions, and salaries through data and cost analyses.
- Managing the process of end of service settlements.
- Renew and update our compensation plans with monetary and non-monetary benefits based on employee needs
- Keep track of prevailing pay rates and make sure we offer competitive compensation plans
- Evaluate and report on the effectiveness of employee benefit programs
- Track compensation and benefits bench marking data
- Compare benefits and compensation plans, job descriptions, and salaries through data and cost analyses.
- Develop internal best practices and continually improving the annual increase process.
- Develop the compensation package based on business goals and strategy and ensuring that compensation practices are following the labor law and regulations.
- Compensations plans (incentive system, annual raise, bonus system).
- Conduct regular reviews of all company incentive schemes, jobs, salaries and brackets
- Collaborate with outside vendors, such as benefits vendors (e.g., medical insurance).
- Administer the organization's benefits programs (insurance policies, etc.).
- Develop and maintain salary range structures, establish cost-effective allowances, and establish market-based benefits.
- Advise managers and supervisors regarding progressive discipline system
- Responsible for payroll preparation/processing and tax reporting/records.
- Make monthly (regular) analysis for all payroll and pinpoint the differences and report the reasons behind.
- Responsible for payroll preparation/processing and tax reporting/records.
- Preparing periodic payroll reports for review by management.
- Assess the organization's pay structure and create a grading system.
- Responding to payroll-related inquiries and resolving concerns
- Updating insurance wages on HR system.
- Assess the organization's pay structure and create a grading system.
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