Job Summary: –
Responsible for developing and implementing compensation programs within Human Resources department.
Job Description: –
– Preparing all payroll variables considering tax, insurance and health care calculations for the new hires and current employees.
– Ensures compliance with local wage and employment laws, including pay and benefits review and recommendations.
– Provide guidance and support to HR team members and managers regarding compensation and benefits-related matters.
-Prepares the compensation and benefits reports, including the regular monitoring, reporting
-Responding to payroll-related inquiries and resolving concerns.
-Handles bank requirements regarding new account openings and visa cards issuance
-Implements and develops compensation policies
-Preparing periodic payroll reports for review by management.
-Design and implement comprehensive compensation and benefits programs, ensuring they are competitive, cost-effective, and aligned with industry standards and company objectives.
-Conduct job evaluations and market analysis to determine appropriate salary ranges and benefits packages for various positions within the organization.
-Develop and manage the annual salary review process, including coordinating with managers to ensure accurate and timely completion of salary adjustments.
-Manage the administration of employee benefits programs, including health insurance, retirement plans, and other voluntary benefits.
-Stay updated on relevant legislation, regulations, and trends related to compensation and benefits, and ensure compliance with all legal requirements.
-Conduct regular audits and analyses of compensation and benefits programs to assess their effectiveness and make recommendations for improvements.
-Collaborate with cross-functional teams, including HR, finance, and legal, to ensure effective communication and coordination of compensation and benefits initiatives.
