Job briefWe are looking for a Compensation and Benefits Specialist to oversee and administer the employees perfect rewards and smart benefits. You will assess personnel needs and draft targeted programs that will increase performance, organizational trust, and satisfaction.The goal is to attract, retain, and motivate high-quality employees while reducing turnover and enhancing our companyxe2x80x99s profile as the best place to work.ResponsibilitiesDefine a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our companyxe2x80x99s strategy and business goals
Develop a consistent compensation philosophy in line with the work culture and organizational objectives
Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc)
Use various methods and techniques and make data-based decisions on direct financial, indirect financial and nonfinancial compensations
Assess employees needs by conducting organizational psychology surveys to find out what motivates and engages employees
Prepare job descriptions, job analysis, job evaluations, and job classifications
Participate in salary and labor market surveys to determine prevailing pay rates and benefits
Differentiate pay systems to invest in the segments of the workforce that contribute the most value
Deploy effective communication strategies and success metrics
Conduct ongoing research into emerging trends, issues, and best practices
Conduct periodic audits and prepare reportsRequirementsProven 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

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