Compensation and Benefits Manager at Ascentech Services Limited

Industry: FMCG

Responsibilities:

• Designing fair and attractive bonus programs.
• Evaluating how effective the benefit packages are in terms of employee satisfaction.
• Ensuring our compensation plans comply with the relevant legislations.

• Design compensation packages and bonus programs that align with the company’s strategic plan.
• Ensure salaries and benefits comply with the current legislation about human rights and pay equity.
• Identify trends and implement new practices to engage and motivate employees.
• Conduct research on employee satisfaction (e.g. using surveys and quantitative data).
• Renew our compensation plans with monetary and non-monetary benefits based on employee needs.
• Keep track of prevailing pay rates and make sure we offer competitive compensation plans.
• Draft job descriptions, job analyses and classifications.
• Structure compensation in ways that will yield the highest value for the organization.
• Evaluate and report on the effectiveness of employee benefit programs.
• Track compensation and benefits benchmarking data.

Requirements

·         BSc in Human Resources Management, Organizational Psychology, Finance or relevant field.

• Minimum of 5 years as a Compensation and Benefits Manager in the FMCG industry.
• Hands-on experience with HRIS or payroll software.
• Knowledge of building compensation packages and bonus programs for various departments and seniority levels.
• Excellent understanding of job evaluation and job analysis systems.
• Good analytical skills.
• Familiarity with labor legislation.
• Experience with employee satisfaction surveys.