Compensation & Benefits Lead

Support the development, implementation, and continuous improvement of compensation and benefits strategies, policies, and frameworks.Manage salary benchmarking activities and market surveys to ensure competitive and equitable compensation practices.Administer annual salary reviews, promotions, allowances, and incentive programs in line with approved guidelines.Support the design and administration of short-term and long-term incentive programs and employee recognition initiatives.Monitor and administer employee benefits programs, ensuring effective utilization, cost efficiency, and employee satisfaction.Ensure that the issued offers in alignment with approved salary structures, budgets, and internal equity guidelines.Analyze offer acceptance and rejection rates, identify trends, and provide recommendations to enhance the organization's talent attraction and competitiveness.Analyze compensation and benefits data and provide recommendations to support workforce planning, retention, and cost optimization initiatives.Participate in the preparation of the annual manpower cost and compensation budget, ensuring alignment with organizational objectives and approved workforce plans.Monitor compensation and benefits expenditures against the approved budget and provide monthly variance analysis and recommendations to management.Ensure compensation and benefits practices comply with applicable labor laws, company policies, and governance requirements.Prepare compensation reports, dashboards, workforce analytics, and management presentations to support decision-making.Participate in compensation-related projects, HR system enhancements, and continuous process improvement initiatives.

• Education: Bachelor's degree in Human Resources, Business Administration, Finance, Economics, or a related field.- Previous Experience: 7–10 years of experience in Compensation & Benefits, Total Rewards, Human Resources, or related functions.Experience within large organizations, real estate developers, holding groups, or diversified business environments is preferred.- Special requirements: Strong expertise in compensation management, salary benchmarking, job evaluation, and benefits administration.Proven ability to analyze compensation data and develop recommendations that support business and workforce objectives.Strong knowledge of job grading methodologies, salary structures, and total rewards practices.Excellent analytical, reporting, and problem-solving skills.Strong stakeholder management, communication, and advisory capabilities.Proficiency in HR systems, Excel, and compensation analytics tools.