Compensation and Benefits Specialist

Industry Category	Admin / Human Resources	Position	Human Resources
Recruitment Department		Number Of Recruits	several
Work Location	Metro Manila (NCR) Makati	Nature Of Work	Full Time
Gender Requirements	Male	Marriage Requirement	No marital status restrictions
Education Level	College Diploma	Work Experience	No work experience restrictions
Age Requirement	Above 18 years old	Salary Package	Negotiable
Updated Date	2022-09-24	Valid Until	Valid for a long time

ROLE

The HR Specialist supports the Assistant Manager - Compensation and Benefits in the employee services operations of the company. This includes the daily operational aspects of Compensation and Benefits such as timekeeping preparation, government, and statutory benefits compliance, management and implementation of the company’s group life insurance, health care, and other employee benefits. He/She is also responsible for providing day-to-day support in terms of planning, coordination, execution, and monitoring of Human Resource Management activities related to compensation and employee benefits management.

RESPONSIBILITIES

Will work with the Asst. Manager, Compensation, and Benefits in implementing compensation and benefits programs for the company to attract top talents in the industry, increase employee retention and reduce employee turnover.

○       Compensation / Salary Leveling - that will also be used for annual performance increases, promotions, etc.

○       Employee Benefits - HMO, Group Life, Accident Insurance, and other benefits suitable to the needs of the employees.

Attends and resolves any Compensation & Benefits issues/ challenges raised by employees and escalates to Asst. Manager, Compensation, and Benefits for complex cases covering the whole employee lifecycle - onboarding, movement, and offboarding.

○       onboarding - enrollment to the company’s payroll bank account, processing of government numbers, etc. related to pre-employment requirements.

○       Movement - preparation of Notice of Personnel Action (NOPA) for any employee movements - transfer, promotion, salary adjustments, merit increase.

○       Offboarding - processing of clearance, final pay, quit claims.

Ensures that salaries and employees' benefits are efficiently computed, taxes are duly deducted, and government-mandated benefits are timely remitted by closely collaborating with the HR Employee Services Team, Accounting, and government agencies.Prepares and reviews HR vendor billings eg. HMO, Group Life & Accident InsurancePrepares and submits accurate HR reports on a weekly, monthly, quarterly, and yearly in order to provide information to the immediate head.

○       Cost to Company Manpower Expense Report

○       Employee Benefits (HMO, Group Life and Accident Insurance, etc.) per current employee

○       Government Reports (SSS, PhilHealth, HDMF, BIR)

○       Salary Competitiveness Ratio

○       Percentage of cost of workforce

○       Other Compensation and Benefit reports

Disseminates relevant information on employee benefits and the procedures on how these can be applied or availed.Participates in workgroups/projects where C&B expertise is required.May perform other tasks as assigned.

QUALIFICATION

Graduate of a 4-year course like BS HRM, Psychology, or any Behavioral Science course.With at least 5 years of related work experience in a related industry of notable size, complexity, and significance.With at least 2 to 4 years of supervisory experience.Knowledgeable of all government regulations and compliance requirements related to employee compensation and benefits.Knowledgeable of the compensation and benefits market trends in the industry.Strong analytical skills and ability to interpret and communicate dataVery Proficient in MS Excel.Knowledge of retail organization’s systems and processes is a plus.Experience managing several tasks and priorities and exercising independent workingExcellent communication, problem-solving, and collaboration skills.Can start immediately.

Philippines' based company with over 30 years of optical industry experience in the distribution of the world's most prestigious eyewear and eye care brands.Founded on establishing and maintaining solid relationships with leading optical store partners, setting the pace of the branded eyewear market in the Philippines.Today remains the largest eyewear wholesale and distribution company in the Philippines, providing leading branded eyewear to our valued clients.