Compensation and Benefits Analyst

3 weeks ago

Melbourne, Australia HOBAN Recruitment Full time

With this fantastic opportunity, you will be a part of HR department and has responsibility for execution and administration of the company's Compensation & Benefits programs. This includes, but is not limited to, benefits (including health & welfare, risk, retirement and savings plans, wellness), leaves/absence management and renumeration including base pay, long and short-term incentives, job evaluations and pricing, allowances, one-time payments, and recognition programs.

**Responsibilities**
- Define a fair, equitable and competitive total renumeration and benefits package that fits and is aligned to the company's strategy and business goals
- Develop a consistent compensation philosophy in line with work culture and organisational objectives
- Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc)
- Use various methods and techniques and make data based decisions on direct financial, indirect financial and nonfinancial compensations
- Assess employees needs by conducting organisational psychology surveys to find out what motivates and engages employees
- Prepare job descriptions, job analysis, job evaluations and job classifications
- Participate in salary and labour market surveys to determine prevailing pay rates and benefits
- Differentiate pay systems to invest in the segments of workforce that contribute the most value
- Deploy effective communication strategies and success metrics
- Conduct ongoing research into emerging trends, issues and best practices
- Conduct periodic audits and prepare reports
- Respond to enquiries and questions related to renumeration & benefits from employees
- Participate in regular meetings
- Support mini projects related to renumeration and benefits if required
- Handle any ac-hoc duties and tasks assigned by managers

**Desired Requirements and skills**
- Proven working experience as a Comp and Benefits, HR etc
- Prior experience in HR practices and compensation cycle management
- Working knowledge of job evaluation and job analysis systems
- Previous experience with organisational psychology and labour market surveys
- Adequate knowledge of current labour rules and regulations
- Familiarity with various types of incentives and benefits
- Experience with HR system (such as Workday - Training will be provided)
- Excel (Intermediate to advanced level)
- Strong quantitative and analytical skills
- BS degree in human resources, business administration or similar

**Conditions**
- Must have full working rights in Australia
- flexible working arrangements are available with the expectation of 50:50 remote:office work
- Full time temp via HOBAN Recruitment
- 12 month and then potential to be ongoing/extend
- Exposed to related experience for APAC and/or Japan is a super bonus

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