Compensation & Benefits Specialist

The Compensation and Benefits Specialist will be responsible for the administration and management of the organization’s compensation and benefits programs. This role requires a deep understanding of compensation structures, benefits offerings, and regulatory compliance to ensure that the company remains competitive in attracting and retaining talent.

REQUIREMENTS

• Minimum of 2 years of experience in compensation and benefits administration, preferably in the IT services sector
• Strong knowledge of compensation practices, benefits administration, and relevant employment laws. Knowledge of Ukrainian Labor Legislation
• Strong user in HRIS and compensation management software (e.g., Workday, ADP)
• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field; Master’s degree preferred
• Upper-intermediate level of English
• Excellent analytical skills with a keen attention to detail
• Strong communication and interpersonal skills, with the ability to work collaboratively with various stakeholders
• Ability to manage multiple priorities and projects in a fast-paced environment
• Ability to work in multicultural, diverse environment; ability to define priorities in conflict situations

RESPONSIBILITIES

• Administer and maintain compensation programs
• Oversee the daily operations of employee benefits programs, including health insurance, retirement plans, and wellness initiatives
• Develop and implement compensation and benefits policies and procedures to ensure compliance with legal regulations and company standards
• Maintain accurate compensation and benefits data in HR systems and generate reports for analysis and decision-making
• Act as a point of contact for specialists regarding compensation and benefits inquiries, providing guidance and resolving issues
• Develop and deliver training materials and presentations to educate specialists about compensation structures and benefits programs
• Collaborate with other teams to align compensation and benefits programs with performance management processes, ensuring equitable and performance-based rewards
• Support the development of incentive programs that motivate and retain high-performing employees
• Manage relationships with external vendors and service providers related to compensation and benefits, ensuring effective service delivery
• Evaluate vendor performance and recommend changes or improvements as necessary
• Lead or participate in special projects related to compensation and benefits, such as system upgrades or program enhancements
• Collaborate with cross-functional teams to ensure successful implementation of new compensation and benefits initiatives.