Compensation and Benefits Specialist

Purpose of the Job:

Researching employee motives, implementing appealing rewards and tailoring benefit programs based on staff needs. To be successful in this role. you will build fair and attractive compensation and benefits plans that help us improve employee satisfaction.

Roles & Responsibilities:

Design compensation packages and bonus programs that align with the company’s strategic plan.

Ensure salaries and benefits comply with the current legislation about human rights and pay equity.

Identify trends and implement new practices to engage and motivate employees

Conduct research on employee satisfaction (e.g. using surveys and quantitative data)

Renew our compensation plans with monetary and non-monetary benefits based on employee needs

Keep track of prevailing pay rates and make sure we offer competitive compensation plans Draft job descriptions, job analyses and classifications

Structure compensation in ways that will yield the highest value for the organization

Evaluate and report on the effectiveness of employee benefit programs

Track compensation and benefits benchmarking data.  

Required Skills:

Experience as a Compensation and Benefits Manager or similar role

Knowledge of building compensation packages and bonus programs for various departments and seniority levels

Excellent understanding of job evaluation and job analysis systems

Good analytical skills

Familiarity with labor legislation

Experience with salary bench marking reports, employee satisfaction surveys

Experience with rewards and recognition

Graduation in Human Resources Management, Organizational Psychology, or relevant field.