One of our business divisions, operating in the Travel industry with over 2 million monthly visitors, is growing fast, and we are looking for a detail-oriented Compensation and Benefits Team Lead to join our HR team.
This role involves designing and managing our compensation and benefits programs to attract and retain Top talent. The ideal candidate will have a strong understanding of market trends, excellent analytical skills, and the ability to ensure compliance with relevant regulation
Responsibilities:
- Lead and develop existing C&B team.
- Create, support, and automate C&B dashboards.
- Create report calendar and ensure timely delivery of reports to TOP management and other stakeholders.
- Provide proactive approach in investigating business data and providing insights.
- Conduct regular market analysis to ensure our compensation remains competitive in the industry.
- Develop and implement calculations and guidelines for salary adjustments and promotions.
- Design, implement, and manage effective annual bonus estimations and determinations that align with organizational goals and market practices.
- Conduct internal reviews and assessments of employee perks and benefits.
- Conduct regular and thorough salary reviews to ensure alignment with market trends and industry benchmarks.
- Ensure compliance with local specifics and regulations in compensation and benefits practices.
- Work closely with the Finance team to ensure alignment with overall compensation strategies.
- Collaborate with HR and leadership to ensure fairness and equity in pay practices and accessibility of benefits.
- Develop and maintain spreadsheets to model compensation scenarios and forecast budgetary impacts.
- Provide data-driven recommendations for salary adjustments and incentive structures.
Requirements:
- Bachelor’s degree in Human Resources, Business Administration, Mathematics, or related quantitative field.
- Proven experience in leading C&B, Financial Reporting or similar function.
- Strong experience in conducting salary calculations, reviews, and implementing effective compensation and benefits strategies.
- Advanced proficiency in Microsoft Excel, including the ability to create complex formulas, pivot tables, and charts.
- Strong analytical skills to interpret and leverage compensation data for decision-making.
- Strong project management skills with the ability to lead and execute multiple initiatives concurrently.
