Compensation & Benefits Specialist at Deloitte

Job Description

Role Summary
The Compensation & Benefits (C&B) Specialist role is responsible for providing support in rewards management strategy, delivery of payroll administration, benefits administration and HRIS management.

Responsibilities
Reward Management

• Actively support in review and update of compensation (reward management)– related policies and initiatives in line with global best practices.
• Actively support in the preparation of annual salary scales in line with the firm’s leadership decision.
• Participate actively in compensation review processes – employee bulk allowances, salary review, statutory payments.
• Innovatively develop and recommend reward and recognition programmes to ensure market competitiveness (for talent attraction & retention).
• Review market benchmark surveys, analyze competitive market data and develop recommendations.
• Identify compensation trends and continually review current practices and policies to ensure best practices are utilized.
• Perform first level review of employment offers in line with the salary scales and applicable remuneration policies, compile and review employee promotion/salary review letters.
• Coordinate all employees’ external financial relations - bank loan requests, relations with staff cooperative, pensions, personal insurance plans, etc.
• Track and monitor compensation and benefits issues- ensure issues are promptly addressed, processed and appropriately communicated (where applicable) i.e. final entitlement to exiting employees.
• Initiates new reward initiatives, track updates on compensation and reward policies, SOPs and other relevant T&T initiatives

Payroll Administration

• Initiate prompt capturing of employee monthly salary inputs and accurate communication to all concerned.
• Manage monthly payroll circle, accurately and promptly.

Benefits Administration

• Initiate prompt payment of employee allowances/benefits, final entitlements and firm’s statutory obligations - productivity, NSITF payment, Group life and ITF.
• HMO administration – work with HMOs to resolve staff issues, ensure up-to-date HMO database with prompt input of updates, etc.

HRIS Management

• Coordinate all SAP/Greatsoft input and queries – leave (maternity, annual, sick, compassionate, etc.).
• Prepare and compile HRIS reports – employee movement report, SAP, Talent Metrics, employee turnover, and other data analytics reports for management.
• Manage the transition process of manual employee records filling to electronic filing management systems.
• Supervise the filing administration of employee records and documents.
• Review employee files from time to time to ensure accuracy in employee records.

Qualifications

• Possess a Bachelor’s degree (B.Sc., B.A., B.Eng./B.Tech., etc.) or Higher National Diploma (HND) in any discipline with a minimum of Second Class Lower/Lower Credit division
• Have a minimum of five credits in WASSCE Ordinary Level/NECO subjects or acceptable equivalent examination, including Mathematics and English Language in one sitting only
• 2-4 years cognate experience

Additional Information

The Impact You Will Make

Every day, your work will make an impact that matters, while you thrive in a dynamic culture of inclusion, collaboration, and high performance. As the undisputed leader in professional services, Deloitte is where you will find unrivalled opportunities to succeed and realize your full potential.