Compensation & Benefits Specialist

• Receives monthly leaves and attendance data from ER section.
• Assists in the calculation of the Income Tax and the Social Insurance figures.
• Uses the company’s HRIS to enter the required data.
• Meets the payroll financial standards by providing annual budget information; monitoring expenditures; identifying variances; implementing corrective actions.
• Updates records by reviewing and entering changes in exemptions, insurance changes, deductions, paid time not worked, status, and pay; calculating vacation earned.
• Assist in the preparation of the monthly pays by verifying time records; calculating and producing checks or electronic transfers; calculating and producing quarterly incentive bonuses.
• Receives vendors’ invoices regularly and releases vendors’ monthly
• payment.
• Provides employees with the HR Letters upon their request.

Employees’ Benefits:

• Identifies market trends and implement new practices to engage and motivate employees.
• Implements compensation packages and bonuses’ programs that align with the company’s strategic direction.
• Renews our compensation plans with monetary and non-monetary benefits based on employees’ needs and market surveys data.
• Receives employees' travel requests (Local and International), pays the required allowance.
• Assists in the calculation of the annual profit share. 14. Calculates the annual vacations settlements.