Senior Compensation and Benefit Specialist

Job Title: Senior Compensation and Benefits Specialist

Department: Human Resources

Job Summary:

We are seeking a detail-oriented and proactive Senior Compensation and Benefits Specialist to join our HR team. The ideal candidate will have a solid background in payroll processing, social insurance compliance, grading structures, and merit-based compensation systems. This role plays a key part in ensuring fair, compliant, and competitive total rewards practices across the organization.

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Key Responsibilities:

Payroll Management:

• Ensure accurate and timely processing of monthly payroll in coordination with Finance.
• Maintain payroll records and handle payroll adjustments, bonuses, and deductions.

Social Insurance & Labor Law Compliance:

• Manage all matters related to social insurance registration, reporting, and updates.
• Ensure compliance with local labor laws and governmental regulations.

Compensation Structure & Grading Systems:

• Support the development and maintenance of salary structures and job grading systems.
• Analyze market trends to ensure compensation practices remain competitive.

Merit & Annual Increases:

• Coordinate annual performance review cycles and apply merit increase guidelines.
• Prepare reports and analytics to support salary adjustment decisions.

Benefits Administration:

• Manage medical insurance programs and other employee benefits.
• Act as a point of contact for employee benefits inquiries and issue resolution.

HR Reporting & Analytics:

• Prepare regular compensation and benefits reports for management.
• Monitor and analyze compensation data to support strategic HR decisions.

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Qualifications:

• Bachelors degree in Human Resources, Business Administration, or related field.
• 2 to 4 years of experience in a similar role.
• Solid understanding of payroll systems, social insurance laws, and employee benefits.
• Hands-on experience with grading systems and performance-based compensation.
• Proficient in MS Excel and HRIS systems.
• Strong analytical, organizational, and communication skills.
• High level of confidentiality and attention to detail.

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Preferred:

• Experience in a multinational or large-scale organization is a plus.
• Certification in compensation or HR (e.g., GRP, SHRM, CIPD) is an advantage.