Senior Role - Compensation & Benefit - FMCG

- Daily responsibilities and duties of compensation and benefits specialists include:

- Researching compensation and benefits policies and plans

- Ensuring compensation and benefits plans are cost-effective and competitive

- Monitoring and researching compensation and benefits trends

- Comparing benefits and compensation plans, job classifications, and salaries through data and cost analyses

- Designing reports and recommendations based on research and analysis for senior executive team

- Preparing and updating job descriptions and occupational classifications

- Ensuring company is compliant with state and federal laws

- Collaborating with outside vendors, such as investment brokers and benefits vendors

Job duties for compensation and benefits managers, organized by HR area, include:

Compensation :

- Assessing the organization's pay structure

- Researching compensation trends and reviewing compensation surveys

- Evaluating compensation policies

- Ensuring that the pay practices comply with state and federal laws and regulations

Benefits :

- Administering the organization's benefits programs (e.g., retirement plans, leave policies, wellness programs, insurance policies, etc.)

- Researching and analyzing benefits plans, programs, and policies

- Making recommendations based on data analyses

- Monitoring government regulations, legislation, and benefits trends

- Working with insurance brokers and benefits careers

- Managing the enrollment, renewal, and distribution processes

Job Analysis :

- Writing and revising job descriptions

- Determining position classifications

- Preparing and updating salary scales

- Making recommendations to managers regarding job descriptions, salaries, and classifications

- This job description is created internally may differ with actual responsibilities a bit