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Title

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Compensation and Benefits Specialist

Description

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We are looking for a Compensation and Benefits Specialist to join our Human Resources team and help us design, implement, and manage competitive compensation and benefits programs. This role is critical in ensuring that our organization attracts and retains top talent through fair and motivating reward systems. The ideal candidate will have a strong understanding of compensation structures, benefits administration, and compliance with labor laws and regulations. As a Compensation and Benefits Specialist, you will analyze market trends and internal data to develop salary structures and benefit offerings that align with our strategic goals. You will work closely with HR business partners, finance teams, and external vendors to ensure our compensation and benefits programs are competitive, cost-effective, and compliant with all applicable laws. You will also be responsible for conducting job evaluations, preparing compensation reports, and advising management on pay decisions and policy interpretations. In addition, you will manage the annual benefits enrollment process, coordinate with insurance providers, and respond to employee inquiries regarding benefits and compensation. To succeed in this role, you should have excellent analytical skills, attention to detail, and a deep understanding of compensation and benefits best practices. Strong communication and interpersonal skills are essential, as you will be working with employees at all levels of the organization. This is a great opportunity for someone who is passionate about employee well-being and wants to make a meaningful impact on our workplace culture and employee satisfaction.

Responsibilities

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  • Design and implement compensation structures and benefit programs
  • Conduct job evaluations and salary benchmarking
  • Ensure compliance with labor laws and compensation regulations
  • Manage annual benefits enrollment and vendor relationships
  • Analyze compensation data and prepare reports for management
  • Advise HR and management on compensation strategies
  • Develop and maintain compensation policies and procedures
  • Respond to employee inquiries about compensation and benefits
  • Support performance management and incentive programs
  • Monitor market trends and recommend adjustments to programs

Requirements

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  • Bachelor’s degree in Human Resources, Business Administration, or related field
  • 3+ years of experience in compensation and benefits
  • Strong knowledge of labor laws and compensation regulations
  • Proficiency in HRIS and compensation analysis tools
  • Excellent analytical and problem-solving skills
  • Strong communication and interpersonal abilities
  • Attention to detail and high level of accuracy
  • Ability to handle confidential information with discretion
  • Experience with benefits administration and vendor management
  • Certification such as CCP (Certified Compensation Professional) is a plus

Potential interview questions

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  • What experience do you have with designing compensation structures?
  • How do you ensure compliance with labor laws in compensation planning?
  • Describe a time you improved a benefits program.
  • What tools do you use for compensation analysis?
  • How do you handle sensitive employee compensation data?
  • What is your approach to salary benchmarking?
  • Have you worked with external benefits vendors before?
  • How do you stay updated on compensation trends?
  • Describe your experience with annual benefits enrollment.
  • What strategies do you use to communicate benefits to employees?