Damen E-payment is immediately hiring a Senior Compensation and Benefits Specialist responsible for compensation planning, job evaluation, managing compensation structures and utilizing analytical skills to optimize employee benefits packages and ensure competitive remuneration as well as overseeing, managing, and administering our employees rewards, perks, and benefits. The successful candidate will also develop programs aiming at improving the performance, engagement, and satisfaction of our employees.
Responsibilities
Payroll
- Be responsible for payroll preparation/processing and tax reporting/records.
- Make monthly (regular) analyses for all payroll (pay codes), pinpoint the differences and report the reasons behind them.
- Comply with all applicable national laws and in particular those related to Employment, Insurance and Tax.
- HR Budgeting
- Prepare annual HR budget plans and update it on a quarterly basis, provide regular budgeting analyses and reports in collaboration with Finance.
Compensation
- Draft compensation plans (incentive system, annual raise, bonus system).
- Conduct regular reviews of all company incentive schemes, jobs, salaries and brackets.
- Assess the organization's pay structure and create a grading system.
- Compare benefits and compensation plans, job descriptions, and salaries through data and cost analysis.
- Develop internal best practices continually improving the annual increase process.
- Develop the compensation package based on business goals and strategy, and ensuring that compensation practices are following the labor law and regulations.
Benefits
- Research and propose employees benefits and administer the organization's benefits programs (insurance policies, etc.).
- Develop and maintain salary range structures, establish cost-effective allowances, and establish market-based benefits.
HRIS
- Responsible for our HRIS. Insert and follow up employees data to ensure information is current and complete. Do regular audits to HRIS to ensure it is current and functioning at its fullest.
Qualifications & Work Experience
- Bachelor's Degree in Business Administration or any related field. Human Resources are a plus.
- More than 3 years of relevant experience in payroll management.
- Solid knowledge of labor and social insurance laws.
- Very good command of the English language.
- Strong computer skills. Advanced Microsoft Excel is a plus.
- Reporting and analysis experience are a must.
- Working knowledge of job evaluation and job analysis systems are a must.
- Previous experience in creating pay structure, grading system, and market surveys is a must.
To Apply kindly send your resume on [Confidential Information] and don't forget to mention job title.
