About the Role
The Compensation & Benefits Specialist is responsible for the administration, implementation, and monitoring of the organization's compensation and benefits programs. This role ensures accurate payroll-related data, compliance with labor regulations, competitive compensation practices, and effective benefits management to support employee satisfaction and retention.
Responsibilities
Compensation Administration
- Administer employee compensation programs, including salary adjustments, promotions, and merit increases
- Assist in salary benchmarking and market competitiveness studies
- Maintain and update compensation records and employee data
- Support annual compensation reviews and budgeting activities
- Ensure compliance with company compensation policies and procedures
Benefits Administration
- Administer employee benefits programs, including government-mandated and company-sponsored benefits
- Coordinate enrollment, updates, and employee inquiries related to benefits
- Liaise with benefit providers and government agencies as needed
- Monitor benefits utilization and recommend improvements
Payroll Support & Compliance
- Validate compensation and benefits data to support payroll processing
- Ensure compliance with labor laws and statutory requirements (SSS, PhilHealth, Pag-IBIG, and BIR regulations)
- Assist in audits and preparation of government and internal reports
- Maintain accurate records and documentation related to compensation and benefits
Reporting & Analytics
- Prepare compensation and benefits reports and dashboards
- Analyze compensation and benefits trends to support management decisions
- Generate HR metrics related to employee costs, salary movements, and benefits utilization
Qualifications
- Bachelor's degree in Human Resources, Psychology, Business Administration, Accounting, or a related field
- At least 3–5 years of experience in Compensation & Benefits
- Strong knowledge of Philippine labor laws and statutory benefits administration
- Experience supporting payroll processes and HR data management
- Advanced proficiency in Microsoft Excel (Pivot Tables, VLOOKUP, reporting)
- Experience using Sprout HRIS is preferred
- Strong attention to detail, analytical skills, and numerical aptitude
Required Skills
- Compensation & Benefits Administration
- Salary Benchmarking
- Payroll Support
- HR Analytics & Reporting
- Government Compliance
- Benefits Management
- Microsoft Excel
- Data Analysis
- Attention to Detail
- Communication & Stakeholder Management
