Compensation And Benefits Manager

Job Description
Designing fair and attractive bonus programs. Evaluating how effective the benefit packages are in terms of employee satisfaction. Ensuring our compensation plans comply with the relevant legislations. Design compensation packages and bonus programs that align with the company’s strategic plan. Ensure salaries and benefits comply with the current legislation about human rights and pay equity. Process salary and other allowances on monthly basis Process all staff benefits based on employment contract and company's policy Ensure remittance of all deductions including statutory remittances Identify trends and implement new practices to engage and motivate employees. Conduct research on employee satisfaction (e.g. using surveys and quantitative data). Renew our compensation plans with monetary and non-monetary benefits based on employee needs. Keep track of prevailing pay rates and make sure we offer competitive compensation plans. Draft job descriptions, job analyses and classifications. Structure compensation in ways that will yield the highest value for the organization. Evaluate and report on the effectiveness of employee benefit programs. Track compensation and benefits benchmarking data.
Qualifications
B.Sc in Human Resources Management, Organizational Psychology, Finance or relevant field. Minimum of 5 years as a Compensation and Benefits Manager in the Financial Services and FMCG industry or Group Hands-on experience with HRIS or payroll software. Knowledge of building compensation packages and bonus programs for various departments and seniority levels. Knowledge of compensation design and pay structure review. Excellent understanding of job evaluation and job analysis systems. Good analytical skills. Familiarity with labor legislation. Experience with employee satisfaction surveys. Proficiency in the use of Advance Excel
Additional Information
Strong analytical skills High ownership & accountability Strategic and proactive; excellent critical thinking ability Highly detailed.