Purpose: This position is responsible for designing, implementing, and administering comprehensive total rewards programs to attract, retain & motivate employees, aligning with the company's business objectives and strategic goals.
Job Summary: The incumbent goal is to collaborate with HR stakeholders to develop and implement competitive total rewards programs, ensuring compliance with regulatory requirements, industry best practices & internal policies.
Main Responsibilities & Tasks
- Research and analyze market trends, industry standards & regulatory requirements to inform total rewards program development and implementation
- Collaborate with HR stakeholders to design and implement comprehensive total rewards programs, including compensation, benefits, recognition & wellness initiatives
- Develop and maintain total rewards policies, procedures, and guidelines, ensuring alignment with company objectives & regulatory requirements
- Administer compensation and benefits programs, ensuring compliance with regulatory requirements, company policies & internal guidelines
- Conduct market analyses and provide recommendations for compensation & benefits adjustments, ensuring competitiveness and fairness
- Develop and maintain compensation & benefits reports, dashboards and analytics, providing insights to inform business decisions
- Communicate total rewards programs and policies to employees, managers & HR stakeholders, ensuring clarity and understanding
- Collaborate with HR stakeholders to develop and implement total rewards communication strategies, promoting transparency & awareness
- Provide guidance and support to employees & managers on total rewards programs and policies, addressing queries & concerns
- Analyze total rewards data and provide insights to inform business decisions, identifying trends & areas for improvement
- Develop and maintain total rewards reports, dashboards & analytics, ensuring data accuracy and integrity
- Collaborate with HR stakeholders to identify and address total rewards trends & issues, developing strategies for improvement
- Ensure compliance with regulatory requirements and company policies related to total rewards, minimizing risk & ensuring adherence
- Identify and mitigate total rewards-related risks, developing strategies for risk management & mitigation
- Collaborate with HR stakeholders to develop and implement total rewards compliance & risk management strategies, ensuring alignment with company objectives
Minimum Required Qualifications, Certificates & Skills
- At least a bachelor's degree in human resources, Business Administration, or a related field
- Minimum 3 years in total rewards, compensation, or benefits administration.
- Any relevant certification or training such as:
Certified Compensation Professional (CCP)
Certified Benefits Professional (CBP)
Society for Human Resource Management (SHRM) certification
