Section head compensation & Benefits

Job Summary: –

Defining a fair, equitable and competitive total compensation and benefits package. Developing a consistent compensation philosophy. Ensuring that compensation practices are in compliance with current legislation.

Job Description: –

• Process payroll for employees in coordination with Finance and banks.
• Manage organization budget and expenses.
• Address and resolve employee complaints relating to the payroll system.
• Prepare reports to relevant departments about payroll, company budget and expense.
• Analyze payroll issues and recommend corrective actions.
• Maintain payroll system up-to-date and accurate.
• Review the monthly salary, overtime, deductions, bonuses, etc on excel and ERP
• Responsible for all reporting and reliability of the data and update Payroll databases.
• Prepare and review payroll account reconciliations.
• Monitoring internal HR systems and databases
• Maintain knowledge of current, local employment laws, best practices, and ensure company policies are legally compliant.
• Preparing bank transfers.
• Review new hires’ offers with database sent from the operations
• Review all wage types related to location for all employees
• Collects and reviews all time sheets regarding operations sites and HQ
• Design and implement comprehensive compensation and benefits programs, ensuring they are competitive, cost-effective, and aligned with industry standards and company objectives.
• Conduct job evaluations and market analysis to determine appropriate salary ranges and benefits packages for various positions within the organization.
• Develop and manage the annual salary review process, including coordinating with managers to ensure accurate and timely completion of salary adjustments.
• Manage the administration of employee benefits programs, including health insurance, retirement plans, and other voluntary benefits.
• Stay updated on relevant legislation, regulations, and trends related to compensation and benefits, and ensure compliance with all legal requirements.
  Conduct regular audits and analyses of compensation and benefits programs to assess their effectiveness and make recommendations for improvements.
• Collaborate with cross-functional teams, including HR, finance, and legal, to ensure effective communication and coordination of compensation and benefits initiatives.
• Provide guidance and support to HR team members and managers regarding compensation and benefits-related matters.
• Maintain accurate and up-to-date records and documentation related to compensation and benefits programs.