Compensation Specialist
1 week ago
Moneta is seeking a skilled Compensation Specialist to lead its global compensation operations.
Key Responsibilities:- Develop and implement internal equity and external competitiveness analyses, ensuring the company's positioning analysis aligns with market standards.
- Coordinate the design and update of salary charts based on organizational policies, maintaining compliance and accuracy.
- Lead salary review processes, ensuring fair and competitive compensation practices.
- Draft and update the Firm's compensation policies, reflecting industry best practices and regulatory requirements.
- Develop and submit the Firm's compensation structure to the Executive Committee for discussion and approval purposes.
- Provide advisory services regarding compensation, ensuring data-driven decision-making.
- Analyze and interpret salary and benefit surveys, defining actions based on Firm policies and industry trends.
- Communicate salary increases to employees and notify relevant areas, maintaining transparency and consistency.
- Design and propose variable payment plans and schedules, balancing employee needs and business goals.
- Calculate bonuses, controlling compliance with bonus policies and individual performance levels.
- Negotiate with consulting companies to secure high-quality survey data and optimize services.
- Participate in salary payroll budget preparation, controlling and validating booking accuracy.
- Maintain and implement employee benefits, analyzing acceptance and use levels to optimize their effectiveness.
- Coordinating and controlling the follow-up and management of additions/deletions and changes in employee benefits.
- Stay up-to-date with new trends in benefits, conducting feasibility and cost-benefit analyses to develop implementation proposals.
- Select benefit suppliers and negotiate scope, terms, and costs with them.
- Evaluate and maintain the accuracy of monthly cost reports, working closely with Finance/ Payroll teams.
- Lead the Comp & Ben and HR Operations Team, overseeing team members' performance and development.
Requirements:
- At least 8 years of experience in compensation and benefits management,
- Advanced analytical skills and ability to interpret data for decision-making,
- Proficiency in MS Office applications (especially Excel); experience with SAP is a plus
- Strong knowledge of labor regulations, payroll processes, and advanced skills in statistics and mathematical calculations.
- Advanced proficiency in English.
Mid-Senior level
Employment typeFull-time
Job functionHuman Resources
IndustriesStaffing and Recruiting
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