Compensation & Benefits Specialist at SycamoreNG

About the job

• The Compensation & Benefits Specialist will manage and continuously improve the organization’s compensation, benefits, and payroll-related processes to support fair, competitive, and compliant reward outcomes. The role requires a highly analytical professional with strong attention to detail and the ability to translate workforce data into actionable insights.
• The role will also support performance management processes to ensure strong alignment between pay, performance outcomes, and organizational objectives.

Primary Responsibilities - Compensation & Benefits

• Design, implement, and continuously improve compensation structures and reward frameworks to attract, retain, and reward high-performing employees.
• Oversee payroll operations ensuring timely, accurate, and compliant processing of employee salaries, allowances, deductions, and statutory payments.
• Conduct regular salary benchmarking and market surveys to ensure competitiveness and fairness.
• Perform detailed compensation analysis, including pay equity reviews, merit increase modeling, and cost impact analysis.
• Manage bi-annual salary review cycles, bonuses, allowances, and other variable pay programs.
• Administer employee benefits programs (health insurance, leave allowances, pensions, 13th month payments, etc.).
• Ensure compensation and benefits programs comply with labor laws, tax regulations, and internal policies.
• Prepare compensation reports, dashboards, and insights for HR leadership and management.

Secondary Responsibilities - Compensation & Benefits

• Support the design and administration of performance management cycles (goal setting, mid-year reviews, and annual appraisals).
• Analyze performance data to identify trends, gaps, and opportunities for improvement.
• Use performance outcomes to support fair and data-driven compensation decisions, including merit increases, bonuses, and rewards.
• Provide analytical support for talent reviews and workforce planning discussions.

Academic Qualification & Work Experience

• Bachelor’s degree in Human Resources, Finance, Economics, Accounting, Statistics, or a related business discipline.
• Minimum of 3–5 years’ experience in Compensation & Benefits, with demonstrable exposure to performance Management.
• Hands-on experience working with HR data and payroll.

Competences Required (Knowledge, Skills, and Attributes)

• Compensation and Benefits Management
• Strong Analytical and Numerical Skills
• Advanced Data Analysis skills
• Attention to Detail and High Accuracy
• Knowledge of Labour Laws, Tax Regulations, and Statutory Compliance
• Process Improvement and Operational Efficiency
• Strong Written and Verbal Communication Skills
• Ability to Translate Data into Clear Insights
• Confidentiality, Integrity, and Professional Judgment
• Sound Decision-Making