Compensation and Benefits Manager

7 days ago

Lahore, Punjab, Pakistan Zag Outsourcing Full time

A compensation and benefits manager is responsible for developing, implementing, and administering the organisation's rewards and benefit policies. This includes salaries, bonuses, and employee benefits such as pensions, life assurance, profit-sharing, company cars, and medical insurance packages. They may also handle relocation and expatriate packages.

Key Responsibilities
  1. Monitoring the organisation's salary structure and benefits to balance cost control with attracting and retaining staff.
  2. Researching and analysing salary rates and benefits offered by other employers in the sector.
  3. Undertaking job evaluations to ensure fair pay differences within the organisation.
  4. Recommending changes to pension and insurance schemes.
  5. Identifying causes of personnel problems and developing improvement recommendations.
  6. Developing and implementing competitive benefit packages compliant with legal requirements.
  7. Negotiating with union representatives on pay and benefits issues.
  8. Managing the payroll system.
Job Specification
Skills
  • Motivating, developing, and directing staff effectively.
  • Effective written and verbal communication skills.
  • Active listening and understanding others' points of view.
  • Logical reasoning and problem-solving abilities.
  • Understanding system operations and environmental impacts.
  • Awareness of others' reactions and motivations.
Knowledge
  • Principles and procedures related to personnel recruitment, selection, training, compensation, benefits, and labour relations.
  • Curriculum and training design, delivery, and evaluation methods.
Abilities
  • Reading and understanding written information.
  • Listening and comprehending spoken information.
  • Effective speaking and writing skills.
  • Identifying potential issues and solutions.
Tasks
  • Administering and reviewing employee benefit programs.
  • Analyzing compensation policies, regulations, and wage rates to develop competitive plans.
  • Analyzing data to identify personnel issues and recommend improvements.
  • Designing and updating benefits policies for compliance and competitiveness.
  • Communicating benefits, compensation, and policies to employees.
  • Formulating policies for recruitment, testing, placement, and labor relations.
  • Developing tools for benefits selection and compensation decision-making.

Location: Information Technology and Services - Lahore, Pakistan

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