Senior Compensation and Benefits Specialist

Key Responsibilities: Compensation & Benefits Management: - Support administration of various compensation activities, including annual salary reviews, bonus calculations, annual budgeting, recognition program, sales incentive plans, job structures and international assignment benefits. - Support the development and maintenance of the company’s compensation structure, salary bands, and job grading systems. - Assist in the administration of employee benefits programs (insurance, wellness, retirement), including vendor management and renewals. - Maintain data on long-term incentive plans and coordinate with external consultants to manage executive compensation and reporting. - Document, communicate, and maintain all compensation and benefits policies and procedures. - Contribute to regional and global C&B initiatives and projects as assigned. - Support and coordinate global mobility processes. Market Research and Benchmarking: - Conduct salary benchmarking market surveys with market analysis to understand industry compensation trends. - Assist in recording job evaluation analysis, market pricing, and internal equity assessments. - Monitor trends and legislative changes impacting compensation and benefits practices. - Prepare reports and dashboards for HR and management. - Support communication on education of employees on reward programs. Budgeting & Reporting: - Participate in the annual budget exercise with detailed analysis to support cost projections. - Prepare regular compensation and benefits reports for the leadership team, showing trends, program effectiveness, and financial impact. - Maintain and record negotiations with labour unions regarding compensation and benefits packages. - Maintain and update employee compensation and benefits records in SAP SuccessFactors. - Generate periodic reports on compensation, benefits, and payroll for management review. Stakeholder Engagement - As a member of the Rewards team provide support to Business Unit HR business partners, line managers on C&B matters. - Ensure consistent communication and understanding of C&B policies across the organization. Projects & Process Improvements - Contribute to the development and rollout of new C&B initiatives or systems. - Drive process improvement and automation efforts in the C&B space. - Support internal audits and compliance-related documentation. Requirements - Bachelor’s degree in human resources, Business, Finance, or related field. - Minimum 5 years’ experience in Compensation & Benefits, ideally in a regional or multinational setting. - Strong MS Excel skills and proficiency in compensation benchmarking tools (e.g., Mercer, Korn Ferry, Willis Towers Watson). - Knowledge of Microsoft Power BI and modelling skills will be advantageous. - Experience with HRIS systems like SAP Success Factors, exposure to SuccessFactors Performance Management and Compensation modules would be advantageous. - Exceptional attention to detail and ability to manage sensitive data with confidentiality. - Proactive, organized, and capable of managing multiple priorities. - Effective communicator and collaborative team player.

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