The Compensation and Benefits Assistant Manager is responsible for overseeing payroll, benefits administration, and employee records management to ensure compliance with company policies and government regulations. This role supervises day-to-day operations, provides guidance to the team, and supports process improvements to enhance employee satisfaction and operational efficiency.
KEY RESPONSIBILITIES
Payroll Operations
- Manage the end-to-end payroll cycle, ensuring accuracy, compliance, and timely salary disbursement.
- Supervise and validate timekeeping data, including hours worked, overtime, and deductions.
- Analyze payroll metrics to identify discrepancies and recommend process improvements.
- Ensure compliance with tax regulations and labor laws in all payroll practices.
- Coordinate with the Finance team for payroll reconciliation and audits.
Benefits Administration
- Administer and monitor employee benefits, including HMO, group life insurance, retirement plans, and government-mandated benefits.
- Ensure timely processing of SSS, PhilHealth, and Pag-IBIG remittances.
- Coordinate with external providers on enrollments, renewals, and claims.
- Review and recommend improvements to benefits programs to support employee satisfaction and retention.
- Provide expert guidance to employees on benefits inquiries and claims resolution.
Employee Records Management & Data Privacy
- Oversee employee records in the HRIS, ensuring accuracy and compliance with labor laws.
- Supervise new hire entries and deactivation of separated employees.
- Maintain strict data privacy standards in handling sensitive information.
- Generate and analyze HRIS reports for management and regulatory compliance.
Communication & Employee Experience Support
- Communicate compensation and benefits policy changes clearly to employees.
- Provide feedback and guidance to the C&B team to support continuous improvement.
- Prepare and submit reports to regulatory agencies and internal stakeholders.
- Address employee concerns regarding compensation and benefits with professionalism.
- Collaborate with internal teams and vendors to resolve issues and improve service delivery.
- Gather and analyze employee feedback to propose actionable improvements.
JOB REQUIREMENTS
Education: Bachelor's degree in Accounting, Finance, Business Administration, or related field.
Experience: Minimum of 5-8 years in compensation and benefits administration or HR operations.
Skills & Competencies:
- Strong knowledge of payroll, compensation, benefits structures, and compliance regulations.
- Advanced proficiency in Microsoft Excel; skilled in Microsoft Office and HRIS systems.
- Excellent analytical, organizational, and communication skills.
- Proven ability to manage confidential information with discretion.
- Strong interpersonal skills and ability to collaborate across all organizational levels.