Salary and Benefit Strategist

5 days ago

Lahore, Punjab, Pakistan beBeeCompensation Full time 800,000 - 1,500,000
Job Title: Compensation and Benefits Manager

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.

Key Responsibilities:
  • Monitoring the organisation's salary structure and benefits to balance cost control with attracting and retaining staff.
  • Researching and analysing salary rates and benefits offered by other employers in the sector.
  • Undertaking job evaluations to ensure fair pay differences within the organisation.
  • Recommending changes to pension and insurance schemes.
  • Identifying causes of personnel problems and developing improvement recommendations.
  • Developing and implementing competitive benefit packages compliant with legal requirements.
  • Negotiating with union representatives on pay and benefits issues.
  • Managing the payroll system.
Job Requirements: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.
Benefits:
  • 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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