Compensation and Benefit Specialist at Medplus Ltd

Job Summary

• To drive the payroll strategy that supports business divisions by delivering accurate, timely, and compliant payroll services, while providing proactive, customer-focused support, guidance, and resolution of compensation and benefits matters for staff.

Core Responsibilities and Key Result Areas Payroll, Compensation, and Benefit Management activities:

• Conduct market research and analyze data to determine compensation and benefit trends and industry standards.
• Develop and maintain compensation structures, including job evaluations, salary ranges, and incentive plans.
• Collate all pre-payroll data for employees (new hires, terminations, leaves, promotions, etc.) and input approved changes into the HRIS.
• Ensure all new hires and reinstated employees are accurately captured in the system for payroll processing.
• Prepare final entitlements for employees exiting the organization.
• Monitor the accurate processing of staff appointments, transfers, promotions, and terminations.
• Prepare payment requests in alignment with payroll summary totals.
• Monitor and ensure compliance with legal requirements, statutory regulations, and company policies related to compensation and benefits.
• Prepare and execute monthly payroll activities, ensuring all employees are paid promptly and accurately.
• Collate exit data collected via email.
• Employee Support & Issue Resolution
• Address payroll inquiries promptly and professionally.
• Support the employees on Pension and Tax registration
• Guide employees on payroll policies, payslips, and document approval.
• Collaborate with other HR/Benefits teams to ensure correct benefits are captured
• Ensure all inquiries and complaints received via email/ salary complaint forms are responded to and resolved within the timeline
• Analyze and report on employee satisfaction with compensation and benefits programs.
• Monitor and manage compensation and benefit costs to ensure alignment with budget and financial goals.
• Maintain accurate and up-to-date compensation and benefit data and reports.
• Build and maintain positive relationships with all stakeholders

Qualifications And Skills

• Bachelor’s Degree in Human Resources, Business Administration, Finance, or related numerical/analytical discipline from a reputable university.
• Strong knowledge of compensation and benefits practices, principles, and regulations.
• Familiarity with HRIS (Human Resources Information System) software and payroll systems.
• Analytical skills to evaluate data, conduct market research, and make informed recommendations.
• Excellent communication and interpersonal skills, with the ability to build relationships and collaborate with stakeholders at all levels.
• Strong attention to detail and accuracy, particularly in handling sensitive employee information.
• Proficient in using spreadsheet software (e.g., Microsoft Excel, Google Sheets) to analyze and present data.
• Knowledge of relevant labor laws and regulations related to compensation and benefits.
• Ability to maintain confidentiality, integrity, and professionalism in handling employee information and sensitive matters.