Compensation Manager Job in Elasticrun

Job Description for Compensation Manager

Candidate responsible for overseeing, monitoring and administering the employees reward, perks and benefits. Your role will directly link to the performance, engagement and satisfaction of the employees. Should be well aware of the current market trends and market situations.

Roles and responsibilities.

• Design a compensation package depending on the business needs and goals

• Create and analyze job descriptions to prepare a compensation package

• Prepare a base compensation guidelines that will match the work and business.

• Sound knowledge of labor laws and compensation laws.

• Conducting market s compensation and salary research to determine the threshold.

• To conduct organizational surveys regarding compensation to understand the needs of the employees.

• Keeping updates of the new trends in the market.

• Ensuring the compensation is in compliance with current laws and regulations.

• Updating the data with the relevant stakeholders.