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Compensation and Benefits Specialist Job Description

A Compensation and Benefits Specialist job description template to hire for your Human Resources (HR) department.

Compensation and Benefits Specialist

We are looking for a Compensation and benefits specialist to oversee and administer the employees perfect rewards and smart benefits. You will assess personnel needs and draft targeted programs that will increase performance٫ organisational trust and satisfaction.

The goal is to attract٫ retain and motivate high quality employees while reducing turnover and enhancing our company’s profile as best place to work.

 

Compensation and Benefits Specialist responsibilities are:

  • Ensuring that indemnity is in accordance with the laws/regulations
  • Making financial decisions
  • Creating evaluations and job descriptions
  • Preparing monthly/quarterly reports
  • Keeping up to date with the labour market to be aware of policies on pay ratesŮ« etc.
  • Implementing new strategies/metrics

Compensation and Benefits Specialist requirements are:

  • Experience as a Compensation and benefits Specialist
  • Knowledge of compensation cycle management
  • Excellent analytical skills
  • Knowledge of organizational psychology surveys
  • Up to date to with labor laws/policies
  • Proficient in MS Office
  • BA/Bsc degree in Human ResourcesŮ« Business or a related field

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