Compensations & Benefits Manager

We are seeking an experienced and detail-oriented Compensation and Benefits (C&B) Specialist to join our HR team. The ideal candidate will have a deep understanding of compensation and benefits strategies, strong analytical skills, and a passion for creating fair and motivating reward systems. As a CnB Specialist, you will be responsible for designing, implementing, and managing our compensation and benefits programs to ensure they align with our organisational goals and support our employees’ well-being.

Key Responsibilities:

Organizational Design:

• Participate in the development of the organizational structure to support business objectives.
• Manage the size of the company, ensuring efficient use of resources and alignment with strategic goals.

Compensation Program Management:

• Develop and implement competitive compensation structures, including base and total remuneration, grading, and salary ranges.
• Conduct regular salary market analysis to ensure our compensation packages are aligned with industry norms.
• Design and manage the ESOP program in the company.
• Design and manage long-term incentive programs to attract and retain top talent.
• Develop and maintain a remuneration and short-term incentive programs that motivate employees and supports business objectives.

Benefits Program Management:

• Design, implement, and manage comprehensive and fair benefits programs.
• Stay updated on industry trends and legislative changes to ensure compliance and competitiveness of benefits offerings.
• Communicate benefits information to employees and provide guidance on medical plans.

Policy Development and Compliance:

• Develop and maintain compensation and benefits policies and procedures to ensure consistency and compliance with legal requirements.
• Ensure all programs comply with local regulations.

Data Analysis and Reporting:

• Conduct regular compensation and benefits surveys and analyze data to make informed recommendations.
• Prepare and present reports on compensation and benefits trends, costs, and program effectiveness to senior management.
• Utilise HRIS and other tools to manage and analyse compensation and benefits data.

Budgeting:

• Formulate and summarise a budget for employee costs, ensuring efficient allocation of resources.
• Monitor and manage the budget for compensation and benefits programs, ensuring cost-effectiveness.

Employee Communication and Support:

• Provide guidance and support to HR and management teams on compensation and benefits-related issues.
• Develop communication materials and conduct training sessions to educate employees on compensation and benefits programs.
• Address employee inquiries and resolve issues related to compensation and benefits.

Qualifications:

• Bachelor's degree in Human Resources, Economics, Business Administration, or a related field.
• Minimum of 3 years of experience in compensation and benefits management.
• Strong knowledge of compensation and benefits principles, practices, and regulations.
• Excellent skills with Excel, Notion, etc
• Ability to quickly navigate through labor laws of different countries.
• Good knowledge of economics and taxation regulation.
• Knowledge of grading and remuneration systems.
• Skill in building motivational programs (long and short term).
• Strong interpersonal and communication skills, with the ability to effectively present information and respond to questions from employees and management.

What We Offer:

• Remote-based work, with optional office locations worldwide.
• Competitive salary and performance-based incentives.
• Compensation for medical expenses.
• Provision of necessary equipment.
• 20 working days of paid vacation annually and 7 days off per year for individual needs.
• 14 days of paid sick leave to support your health and recovery when needed.
• Professional development opportunities and career advancement.
• A supportive and collaborative work environment.