Compensation & Benefits Specialist

Responsibilities

• Researching compensation and benefits policies and plans.
• Ensuring compensation and benefits plans are cost-effective and competitive.
• Monitoring and researching compensation and benefits trends in company field.
• Comparing benefits and compensation plans, job classifications, and salaries through data and cost analyses.
• Assist in implementing and administering benefit programs, including disability, life insurance, workers’ compensation, employee assistance, retirement and other plans.
• Designing reports and recommendations based on research and market analysis.
• Design compensation packages and bonus programs for management/staff that align with the company’s strategic plan.
• Ensure salaries and benefits comply with the current legislation and pay equity.
• Identify trends and implement new practices to engage, motivate employees and attract talents
• Evaluate and report on the effectiveness of employee benefit programs.
• Create a consistent compensation guideline that matches our work and organizational culture
• Conduct salary and labor market research to define benchmarks
• Design, implement, and manage salary classification and compensation programs.