Senior Total Rewards Specialist
- Compensation Management
Develop, implement, and maintain the company's compensation structure, salary scales, and pay policies.
Conduct annual salary reviews, merit increases, promotions, and market adjustments.
Ensure internal pay equity and external market competitiveness.
- Salary Benchmarking & Job Evaluation
Participate in compensation and salary surveys to benchmark market practices.
Conduct job evaluations using the company's approved methodology.
Recommend appropriate job grades and salary ranges for new and existing positions.
- Benefits Administration
Manage and continuously improve employee benefits programs, including medical insurance, life insurance, transportation, and other employee benefits.
Coordinate with benefit providers to ensure high-quality service and cost-effectiveness.
Monitor benefit utilization and recommend enhancements where appropriate.
- Rewards & Recognition
Design and administer employee recognition and reward programs that support employee engagement and performance.
Monitor the effectiveness of recognition initiatives and recommend continuous improvements.
- Policy Development & Governance
Develop, review, and update compensation, benefits, and rewards policies and procedures.
Ensure all Total Rewards practices comply with labor laws, company policies, and internal governance standards.
- HR Analytics & Reporting
Prepare compensation, benefits, and workforce cost reports for HR management and executive leadership.
Analyze reward-related data and provide recommendations to support strategic decision-making.
- Budget Management
Assist in preparing and monitoring the annual compensation and benefits budget.
Track reward-related expenditures and identify opportunities for cost optimization.
- Employee Support
Provide guidance and respond to employee inquiries regarding compensation, benefits, grading, and rewards.
Conduct awareness sessions to improve employee understanding of Total Rewards programs.
- Continuous Improvement
Monitor market trends and industry best practices in Total Rewards.
Recommend and implement improvements to compensation and benefits processes, systems, and programs.
Participate in HR projects related to organizational development, HRIS, and performance management where Total Rewards expertise is required.
- Stakeholder Collaboration
Partner with HR Business Partners and department managers to provide Total Rewards solutions that support business needs.
Collaborate with Finance, Payroll, and external vendors to ensure accurate and timely implementation of reward programs.
Bachelor's degree in Human Resources Management, Business Administration, Finance, Accounting, or a related field.
Professional certification in Compensation & Benefits or Total Rewards is preferred.
HR certifications such as SHRM-CP/SHRM-SCP , PHR/SPHR are considered an advantage.
Strong knowledge of compensation structures, job evaluation methodologies, salary benchmarking, and employee benefits administration.
Good understanding of labor laws, taxation, social insurance, and employment regulations related to compensation and benefits.
Proficiency in Microsoft Excel and HR Information Systems (HRIS); experience with ERP systems such as SAP, Oracle, or Microsoft Dynamics is preferred.