Compensation And Benefits Specialist Resume
Summary : As a Compensation And Benefits Specialist, analyzed the current compensation and benefits programs and recommend improvements or changes based on market trends, best practices, employee feedback and organizational needs, participated in appropriate competitive salary surveys and benchmarking studies to determine pay levels and ranges for different positions and locations.
Skills : Analytical Skills, Knowledge of Compensation Practices.
Description :
- Developed and maintained job descriptions and salary structures.
- Administered all compensation and rewards programs, including but not limited to annual salary review, bonus programs, recognition program, promotion processes, and equity reviews.
- Collaborated with members of the People Team, develop effective communication programs and trainings to build understanding among managers and employees of program design, use, and administration.
- Reviewed, designed and implemented a global benefits framework for all European employees based on country laws, regulations and best practices.
- Worked with benefits brokers and other vendors to design and administer employee benefits programs, such as health insurance, retirement plans, wellness programs, and employee assistance programs.
- Negotiated with vendors and brokers to obtain the best rates and services for benefits plans and monitor their performance and quality.
- Participated in Rho’s US-based healthcare and retirement committees.
Experience
10+ Years
Level
Senior
Education
Bachelor of Human Resources Management
Compensation And Benefits Specialist Resume
Summary : As a Compensation And Benefits Specialist, managed Open Enrollment for US benefits, supported monthly benefit invoice reconciliation, ensured compliance with health and welfare related notifications and required reporting.
Skills : Understanding of Benefits Programs, Communication.
Description :
- Educated and advised employees and managers on the compensation and benefits policies and procedures and resolve any issues or queries that may arise.
- Prepared and maintained reports, budgets, and records related to the compensation and benefits programs, and ensure accuracy and confidentiality.
- Stayed updated on the latest compensation and benefits trends, laws, and regulations, and ensure the organization's compliance with them.
- Collaborated with other human resources professionals and departments to support the organization's strategic objectives and initiatives.
- Attended in-person meetings as required.
- Exhibited Rho’s Core Values at all times.
- Provided excellent customer service to internal and external clients in a timely and professional manner.
Experience
7-10 Years
Level
Management
Education
BBA
Compensation And Benefits Specialist Resume
Headline : As a Compensation And Benefits Specialist, responded to email and other communication requests in a timely fashion using a variety of methods including but not limited to email, instant messaging and other communication tools, worked independently and as part of a team.
Skills : Attention to Detail, Problem-solving.
Description :
- Responsible for assisting HR department in resolving complex employee issues related to wages, overtime calculations, or classification disputes through careful investigation and analysis of facts.
- Responsible for administering performance-based incentive and bonus plans, encouraging employee excellence.
- Responsible for developeing and maintaining comprehensive job evaluation system for equitable compensation.
- Responsible for reducing turnover rates by conducting regular surveys and addressing employee concerns regarding pay equity.
- Responsible for developing comprehensive job descriptions to accurately reflect roles, responsibilities, and necessary skills for successful performance in each position.
- Responsible for developing custom reports and dashboards to provide management with up-to-date information on key compensation metrics.
- Responsible for conducting wage and salary surveys to build competitive compensation plans.
Experience
5-7 Years
Level
Executive
Education
BBA
Compensation And Benefits Specialist Resume
Objective : As a Compensation And Benefits Specialist, helped create and optimized salary structures and bonus programs. Responsible for collaborating with recruiters to help develop compensation packages and maintain fair employee pay levels.
Skills : Interpersonal, Technical Proficiency.
Description :
- Responsible for analyzing data from internal sources and external benchmarks to continually assess the effectiveness of current compensation strategies.
- Responsible for participating in industry conferences and workshops to stay current on best practices in the field of compensation management and bring innovative ideas back to the organization.
- Responsible for improving employee satisfaction by developing and implementing competitive compensation programs.
- Responsible for delivering targeted advise on issues such as applicable employment regulations, compensation strategies, and internal systems to help companies update antiquated or ineffective approaches.
- Responsible for creating detailed job description library for organization and maintained relevance with regular updates..
- Responsible for evaluating job positions within the organization to ensure consistent and equitable pay structures across all departments.
- Responsible for implementing new software tools for more efficient tracking of employee salaries, bonuses, and benefits packages.
Experience
2-5 Years
Level
Executive
Education
BBA
Compensation And Benefits Specialist Resume
Objective : As a Compensation And Benefits Specialist, responsible for providing expert guidance on compensation-related matters to managers during recruitment, promotion, or reassignment processes, responsible for administering annual merit increase process by working closely with department heads to determine appropriate adjustments based on individual performance evaluations.
Skills : Proficiency in HRIS, Regulatory Knowledge.
Description :
- Responsible for managing various compensation projects such as salary structure development, incentive plan design, and executive compensation analysis.
- Responsible for conducting annual salary reviews to maintain competitiveness in the market and retain top performers within the organization.
- Responsible for educating employees on their compensation packages through clear communication materials including written summaries, presentations, or one-on-one consultations as needed.
- Responsible for maintaining strong working knowledge of Department of Labor's Fair Labor Standards Act and other regulations.
- Responsible for recommending successful approaches to help resolve complaints with salaries and classifications.
- Responsible for negotiating vendor contracts for benefit plans with a focus on cost savings without sacrificing quality coverage for employees.
- Responsible for organizing positions by factors such as salary and status to develop effective categories and operational strategies.
Experience
2-5 Years
Level
Executive
Education
BBA
Compensation And Benefits Specialist Resume
Summary : As a Compensation And Benefits Specialist, responsible for analyzing and evaluating existing compensation and benefits programs and recommended improvements, responsible for streamlining salary administration process for increased efficiency and accuracy.
Skills : Compensation analysis, Benefits administration.
Description :
- Responsible for enhancing company's ability to attract top talent by conducting thorough market research on industry compensation trends.
- Responsible for gathering information about each position and related occupation with employee interviews, field observations, and industry research.
- Responsible for researching most current job trends and made recommendations to management regarding salary compensation.
- Responsible for updating personnel handbooks and individual records to keep filed accurate and detailed.
- Responsible for assisting with design and implementation of various employee benefits programs.
- Responsible for preparing and updating job description records for all employees across company.
- Responsible for demonstrating creativity and resourcefulness through the development of innovative solutions.
Experience
7-10 Years
Level
Management
Education
BBA
Compensation And Benefits Specialist Resume
Headline : As a Compensation And Benefits Specialist, collaborated with HR team members, finance department, and external vendors to coordinate payroll processing, benefits administration, and reporting. Responsible for providing professional services and support in a dynamic work environment.
Skills : Job evaluation and benchmarking, HRIS and payroll systems.
Description :
- Conducted analysis of employee compensation levels, including salary, bonuses, and incentives, to ensure competitiveness with industry standards and internal equity.
- Developed and maintained salary structures and pay grades based on job evaluations, market research, and compensation surveys.
- Managed employee benefits programs, including health insurance, retirement plans, wellness programs, and other fringe benefits, to ensure comprehensive and competitive offerings.
- Ensured compliance with federal, state, and local regulations related to compensation, benefits, and employment practices, such as FLSA, ADA, FMLA, and ERISA.
- Conducted job evaluations, benchmarking positions against market data, and recommending adjustments to job classifications and pay grades as needed.
- Collaborated with the payroll department to ensure accurate and timely processing of employee payroll, including salary changes, bonuses, and deductions.
- Managed open enrollment processes, communicating benefits information to employees, and assisting with benefits orientation for new hires.
Experience
5-7 Years
Level
Executive
Education
BBA
Compensation And Benefits Specialist Resume
Objective : As a Compensation And Benefits Specialist, responsible for learning and adapting quickly to new technology and software applications. Developed and administered compensation and benefits programs.
Skills : Compliance management, Data analysis and reporting.
Description :
- Analyzed data, designed competitive compensation packages, and ensure compliance with regulations.
- Expertised in compensation and benefits management to a progressive organization.
- Designed, implemented, and administered compensation and benefits programs, including salary structures, incentive plans, health insurance, retirement plans, and wellness programs.
- Conducted job evaluations and market research to determine competitive salary ranges and benefits packages for different job roles and levels.
- Analyzed compensation data and trends, provide recommendations for salary adjustments, promotions, and bonus allocations based on performance and market benchmarks.
- Managed open enrollment processes, communicate benefits information to employees, and address inquiries related to compensation and benefits programs.
- Ensured compliance with federal and state regulations, such as FLSA, ADA, FMLA, and ERISA, and maintained accurate records and documentation.
Experience
2-5 Years
Level
Executive
Education
BBA
Compensation And Benefits Specialist Resume
Objective : As a Compensation And Benefits Specialist, responsible for gaining extensive knowledge in data entry, analysis and reporting, responsible for organizing and detail-orienting with a strong work ethic.
Skills : Communication and interpersonal skills, Attention to detail and accuracy.
Description :
- Responsible for participating in team projects, demonstrating an ability to work collaboratively and effectively.
- Responsible for cultivating interpersonal skills by building positive relationships with others.
- Responsible for assisting with day-to-day operations, working efficiently and productively with all team members.
- Responsible for developing strong organizational and communication skills through coursework and volunteer activities.
- Responsible for managing time efficiently in order to complete all tasks within deadlines.
- Responsible for developing strong communication and organizational skills through working on group projects.
- Responsible for gaining strong leadership skills by managing projects from start to finish.
Experience
2-5 Years
Level
Executive
Education
BBA
Compensation And Benefits Specialist Resume
Headline : As a Compensation And Benefits Specialist, prioritized and managed multiple tasks and projects. Responsible for using strong analytical and problem-solving skills to develop effective solutions for challenging situations.
Skills : Project management, Team collaboration.
Description :
- Responsible for using critical thinking to break down problems, evaluate solutions and make decisions.
- Responsible for promoting a culture of transparency surrounding compensation practices by regularly sharing relevant data and insights with employees.
- Responsible for acting as a team leader in group projects, delegating tasks and providing feedback.
- Responsible for collaborating with HR team to design performance management systems that aligned with company goals and encouraged employee growth.
- Responsible for assisting with administration of bonuses, cash incentives for home offices and executive programs.
- Responsible for guiding managers and supervisors on methods for conducting accurate job evaluations.
- Responsible for researching and analyzing wage, salary and other industry trends.
Experience
5-7 Years
Level
Executive
Education
BBA
