Compensation and Benefits Specialist

2 months ago

Sydney, New South Wales, Australia QIC Full time

About the Role

QIC is seeking a talented Compensation and Benefits Analyst to drive market research, benchmarking, and analysis, ensuring our compensation and benefits programs are competitive and compliant with global standards.

Key Responsibilities:

  • Conduct comprehensive market research on compensation and benefits trends in the financial services sector, both locally and internationally.
  • Benchmark QIC's compensation and benefits programs against industry standards, using various data sources and methodologies.
  • Assist in the design, implementation, and administration of diverse compensation and benefits programs, including remuneration structures, incentive plans, equity plans, retirement plans, health and wellness benefits, and more.
  • Maintain up-to-date benchmarking survey data and position matches in the MyQ system, ensuring timely and accurate survey submissions.
  • Ensure compliance with local and international compensation and benefits regulations, including tax, social security, labour laws, and data privacy.
  • Prepare and manage accurate compensation and benefits data, reports, and documentation for internal and external use.
  • Collaborate with internal stakeholders and external consultants to gather and validate compensation and benefits data, services, and solutions.
  • Evaluate the effectiveness and competitiveness of our compensation and benefits programs and suggest improvements and enhancements.
  • Serve as the Subject Matter Expert for compensation/benefits systems, including MyQ.
  • Stay informed about the latest trends and developments in the compensation and benefits field, recommending best practices and innovative solutions.

About You

If you're passionate about diving into the world of international compensation and benefits, and eager to build a career with a global perspective, we want to hear from you. We're looking for someone with hands-on experience in compensation and benefits analysis who is ready to grow and thrive in a dynamic environment.

What You'll Bring to the Table:

  • Sharp analytical and numerical skills with a knack for problem-solving and attention to detail.
  • Proven ability to work collaboratively with a business-focused, adaptable mindset.
  • Strong communication skills to break down complex concepts into easy-to-understand insights.
  • A drive to foster a culture of collaboration, innovation, and excellence.

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