Compensation Benefits Manager

Job Purpose: Designing, implementing, and managing an organization's compensation, benefits, and rewards programs to attract, retain, and motivate employees while ensuring legal compliance and cost effectiveness. Job responsibilities: • Develop and implement compensation and benefits strategies aligned with the organization's business objectives • Design and manage salary structures, pay grades, incentive plans, and bonus programs • Conduct market salary surveys and benchmarking to ensure competitive compensation • Review and recommend salary adjustments, promotions, and annual merit increases • Administer employee benefits programs, including health insurance, retirement plans, leave policies, wellness initiatives, and other employee perks • Evaluate the effectiveness and cost efficiency of compensation and benefits programs • Manage the annual compensation review and performance-based reward processes • Analyze compensation and benefits data, prepare reports, and provide recommendations to senior management • Collaborate with HR, Finance, and department managers on workforce planning and budgeting • Oversee job evaluation, job grading, and position classification processes • Develop and maintain compensation policies, procedures, and guidelines • Manage relationships with external vendors, insurance providers, and benefits consultants • Monitor industry trends and recommend improvements to total rewards programs • Participate in organizational restructuring, mergers, acquisitions, and workforce optimization initiatives from a compensation perspective • Prepare budgets and forecasts related to employee compensation and benefits costs • Lead and mentor compensation and benefits team members where applicable . Qualifications • Bachelor's degree in Human Resources, Business Administration, Finance, or a related field. • 7–10 years of HR experience, with several years specializing in compensation and benefits • Professional certifications (such as CCP, GRP, SHRM-CP/SHRM-SCP, or CIPD) are often preferred. • Experience with compensation benchmarking and job evaluation methodologies Show more Show less