Manager, Total Rewards
1 week ago
We are looking for a **Manager, Total Rewards (Human Resource)**to join the team.
**Responsibilities**:
Compensation Management:
- Develop and maintain competitive compensation structures and salary ranges based on market research and internal equity considerations.
- Administer annual salary review processes, including merit increases, promotions, and adjustments.
- Evaluate job roles and responsibilities to ensure accurate job descriptions and appropriate classification within the organization's pay structure.
- Partner with leadership to make data-driven decisions regarding compensation strategies and practices.
Benefits Administration:
- Oversee the design, implementation, and administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other fringe benefits.
- Serve as the primary point of contact for employees regarding benefits-related inquiries, concerns, and issue resolution.
- Evaluate and negotiate contracts with benefits providers to ensure cost-effectiveness and quality of services.
- Conduct regular audits of benefits programs to ensure compliance with legal and regulatory requirements.
HR Policy and Compliance:
- Develop, update, and communicate HR policies and procedures to ensure compliance with applicable laws, regulations, and industry best practices.
- Stay informed about changes in employment laws and regulations and make recommendations for policy revisions as needed.
- Partner with other stakeholders to address legal and compliance issues related to compensation, benefits, and HR policies.
Data Analysis and Reporting:
- Collect, analyse, and interpret HR data related to compensation, benefits utilization, turnover rates, and other relevant metrics.
- Prepare regular reports and presentations for senior leadership to communicate key findings, trends, and insights.Utilize data analytics to identify opportunities for process improvement and optimization of compensation and benefits programs.
**Requirements**:
- Bachelor's degree in Human Resource, Business Administration, Finance, or related field; Master’s degree or relevant certifications preferred.
- At least 5 years of experience in compensation and benefits management, preferably in a corporate HR environment.
- Thorough understanding of compensation practices, benefits administration, and relevant laws and regulations.
- Strong analytical skills with the ability to collect, analyse, and interpret data to inform decision-making.
- Excellent communication and interpersonal skills, with the ability to effectively communicate complex information to diverse audiences.
- Proven ability to manage multiple priorities and projects in a fast-paced, deadline-driven environment.
- Proficiency in HRIS systems and Microsoft Office Suite; experience with data visualization tools is a plus.
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