Job Description

Key Responsibilities:

• Strategy & Structure: Develop, implement, and maintain salary structures, job grading, and compensation policies.
• Market Benchmarking: Conduct regular salary surveys and market research to ensure competitive pay and benefits.
• Benefits Management: Design, administer, and evaluate benefits programs (e.g., health insurance, retirement plans) for cost-effectiveness.
• Compliance: Ensure all pay and benefit programs comply with local regulations (e.g., ERISA, FLSA, pay equity laws).
• Incentive Planning: Design and manage bonus, commission, and performance-based incentive plans.
• Data Analysis & Reporting: Use HRIS data to monitor turnover, compensation costs, and employee engagement.
• Communication: Clearly communicate reward strategies and policies to employees and leadership. 

Required Skills and Qualifications:

• Experience: Proven experience as a Compensation and Benefits Manager, HR Specialist, or similar role.
• Analytical Skills: Strong ability to analyze market trends and complex data sets.
• Knowledge: Deep understanding of HR laws, regulations, and payroll processes.
• Technology: Proficiency with HRIS and Microsoft Excel.
• Certifications: Certified Compensation Professional (CCP) or Certified Employee Benefit Specialist (CEBS) are often preferred. 

Performance Indicators (KPIs):

• Increased employee satisfaction with rewards.
• Reduced turnover rate among top performers.
• Optimized cost-to-payroll ratio.