HR Business Partner - Compensation & Benefits

- Compensation Strategy Development: Collaborate with HR leadership to develop and implement compensation strategies that align with the organization's goals, market trends, and internal policies.

- Benefits Program Design and Management: Design, manage, and review employee benefits programs, ensuring they meet employee needs while being cost-effective and competitive in the market.

- Market Benchmarking and Analysis: Conduct regular market research and benchmarking to ensure the organization's compensation structure remains competitive. Analyze compensation data and provide insights to drive decision-making.

- Salary and Incentive Administration: Oversee the administration of salary adjustments, bonuses, and incentive programs. Ensure the consistency and fairness of compensation decisions across the organization.

- Policy Compliance and Updates: Ensure that compensation and benefits policies are up-to-date and comply with all relevant labor laws and regulations. Keep informed of changes in legislation and update policies as needed.

- Job Evaluation and Grading: Conduct job evaluations and establish job grades to create a structured and equitable framework. Support leaders in understanding role classifications and their impact on compensation.

- Data Analysis and Reporting: Analyze compensation and benefits data to generate insights on trends, costs, and employee satisfaction. Provide regular reports and recommendations to senior management.

- Employee Communication and Education: Develop and deliver communication strategies to educate employees on compensation, benefits, and reward programs. Enhance understanding and utilization of available benefits.

- Budget Management: Work with finance and HR teams to create and manage the C&B budget. Monitor expenditures, forecast costs, and ensure that compensation and benefits programs align with financial constraints.