Compensation and Benefits Specialist Duties & Responsibilities

The role and function of a Compensation and Benefits Specialist includes the following duties and responsibilities:

Design a compensation package based on business goals and strategy
Create a consistent compensation guideline that matches our work and organizational culture
Create and analyze job descriptions evaluations and classifications
Keep abreast with new trend and best practice in the filed
Ensure that compensation practices are in compliance with current laws and regulations
Conduct periodic audits, prepare and present reports
Conduct salary and labor market research to define benchmarks
Apply effective communication strategies
Assess employees needs by conducting organizational surveys

Note that this is not an exhaustive list of Compensation and Benefits Specialist duties and responsibilities. Job functions for specific Compensation and Benefits Specialist roles may vary, depending on the industry and type of employer.

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