Compensation and Benefits Specialist Job Description

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Compensation and Benefits Specialist

Compensation and Benefits Specialist responsibilities

  • Defining a fair, equitable and competitive total compensation and benefits package
  • Developing a consistent compensation philosophy
  • Ensuring that compensation practices are in compliance with current legislation

Compensation and Benefits Specialist Job Description Template

Job Brief

We 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, organisational trust and satisfaction.

The goal is to attract, retain and motivate high quality employees while reducing turnover and enhancing our company’s profile as best place to work.

Responsibilities

  • Define a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company’s strategy and business goals
  • Develop a consistent compensation philosophy in line with work culture and organisational 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 organisational psychology surveys to find out what motivates and engages employees
  • Prepare job descriptions, job analysis, job evaluations and job classifications
  • Participate in salary and labour market surveys to determine prevailing pay rates and benefits
  • Differentiate pay systems to invest in the segments of 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 reports

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 organisational psychology and labour market surveys
  • Adequate knowledge of current labour 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

Compensation and Benefits Specialist Job Description Examples

Compensation and Benefits Specialist • Sholom

SUMMARY

The Compensation and Benefits Specialist is responsible to the day-to-day administration and analyzing of the compensation, benefits, performance appraisal, and other rewards programs. Responsible for assisting with the planning, development and implementation of new and enhanced compensation, benefits and other rewards programs...

PRIMARY RESPONSIBILITIES• Responsible for the admini...

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Payroll Benefits Specialist • turning point strategic advisors

Turning Point is seeking a Payroll and Benefits Specialist with a strong desire to win to join our client's team.

The role will report to the Controller and be a productive member of the Accounting team. The Payroll and Benefits Specialist's responsibilities include, but are not limited to, bi-weekly payroll, timecard review, support accounts receivable deposits, job site support, Concur credi...

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Human Resources Benefits Specialist • Central States Manufacturing

JOB SUMMARY: Responsible for the implementation and administration of Central States benefits and wellness programs. Maintain and own benefits and leave of absence policies and procedures. Assists in the development of the overall market-competitive strategy and philosophy for benefits programs to help drive employee engagement.

JOB DUTIES AND ESSENTIAL FUNCTIONS...• Conducts benefits adminis...

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Compensation and Benefits Specialist • Prometric

JOB OVERVIEW

Prometric is looking for a Compensation and Benefits Specialist to join our dynamic team. We are a small, cohesive and collaborative team of HR professionals, so you’ll be part of an awesome group of people. We are flexible with remote work, but must come to office if needed, 1501 South Clinton Street, Baltimore, MD. Looking for candidates in DC-Baltimore metro area...

COMPANY BA...

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