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Job Description
- Key player in the integration of compensation structures, processes, and policies as it relates to mergers, acquisitions, and other strategic or high-profile projects.
- Responsible for proactively identifying gap areas and working with management regarding policy and procedure changes or additions as well as revising and assisting with communication.
- Administer assigned compensation programs, such as base and incentive pay, evaluating salary changes for conformance to company policy, and the performance merit review process.
- Evaluate and catalog all variable pay programs, assist with plan design and documentation as well as internal controls for payout process.
- Analyze current trends regarding pay practices as well as current incentive plans in order to evaluate effectiveness of pay practices.
- Identify appropriate survey sources and lead participation and methodology reviews.
- Owner and propose job offer proposal for New Hires.
- Develop and process Bonus calculation based on performance Appraisal.
- Conduct job Evaluation for New jobs.
- Analyze and consolidate MIS report on monthly basis.
- Assist in payroll cycle.
- Monitoring Budget and Manpower plan and respond to new position requests by partnering with recruiting and Employee Experience Business Partners to define need and evaluate context within existing job families.
- Handling Medical operations process.
- Perform other duties as assigned by management.
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 organizational psychology and labor market surveys
● Adequate knowledge of current labor 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
