Compensation Practitioner

Job description

The employee is expected to assimilate HR culture and best practices, gain customer understanding, increase knowledge of policies, guidelines, and processes to support administration of Compensation.

Compensation Practitioner will be responsible in the administration of compensation processes such as base pay, stock options, awards, bonus, incentives, profit-sharing, etc.

He/She will be assigned to handle one or more countries or accounts depending on volume transactions or complexities.

The Compensation practitioner meets the job requirements of this role by meeting Service Level Agreements and delivering productivity and process improvements.

·  Perform eligibility checking, validation of supporting documents and securing necessary approvals on awards, bonuses, incentives, stock options, salary increases, allowances to be granted to employees
·  Maintain compensation records of employees, update appropriate systems that support compensation processes
·  Manage different compensation & performance management tools & databases including cycle data administration, investigation and resolution of errors, system testing, etc.
·  Calculate percentages and validate rates for increases, bonus and incentives
·  Ensure accuracy of compensation related payments and deductions calculated in the payroll or any other payments system. This requires in-depth knowledge of company policies & other systems interface.
·  Handle enrollment, termination of employee stock options and other data maintenance and administrative Stock processes including coordination with vendor
·  Communicate compensation rules, policies, and delivery to employees
·  Generation, printing and distribution of increase notifications and stock statements
·  Generation and delivery of reports to various requesters (employees, third parties, HR, etc.) as requested/needed
·  Interface with customers to resolve questions and issues regarding compensation administration/processes
·  Interface with Third Party Providers on processes which impact compensation administration deliverables
·  Act as Tier 2 for issue resolution of compensation related queries. Communicate or respond promptly to queries or for any changes to Contact Center.
·  Responsible for document management, develop and keep current complete process documentation including flow charts with key control points, process narratives and desk procedures.
·  Provide the client with support and data for internal and external audits. Ensure compliance to existing standards and other applicable laws.
·  Implement internal control measures and perform compliance testing to ensure that processes meet business controls requirements.
·  Maintain Service Level Agreement (SLA) and/or Internal Measures for the processes handled
·  Document monthly compensation scorecard, including issue/resolution tracking, running of regular control reports and track volume metrics
·  Serve as back up resource for other service owners as needed
·  Create Root Cause Analysis (RCA) for any service delivery upset or misses
·  Identify work process improvements and issue prevention

Auto req ID

265119BR
Required Education

Bachelor's Degree
Role ( Job Role )

HR Service Administrator
State / Province

NATIONAL CAPITAL REGION (MANILA)
Primary job category

Human Resources
Company

(0856) IBM Business Services
Contract type

Regular
Employment Type

Full-Time
Is this role a commissionable/sales incentive based position?

No
Travel Required

No Travel
IBM Business Group

CHQ/OTH
Preferred Education

Bachelor's Degree
City / Township / Village

QUEZON CITY
Being You @ IBM

IBM is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. IBM is also committed to compliance with all fair employment practices regarding citizenship and immigration status.
Required Technical and Professional Expertise

·  You possess at least a Bachelor's/College Degree, Psychology / Human Resource Management, Business Studies/Administration/Management or equivalent.
·  Amenable to work on a client-based schedule (day shift, mid-shift or night-shift)
·  Amenable to work in Quezon City (Eastwood City Libis)
Country/Region

Philippines
Preferred Technical and Professional Experience

·  Above average to excellent communication skills.
Secondary Job Category

Business Outsourcing Delivery - Human Resources
Eligibility Requirements

·  Bachelor's Degree
Position Type

Early Professional
Early Professional Track

No Track
Location Statement

For additional information about location requirements, please discuss with the recruiter following submission of your application.
New Collar Role

No
Introduction

The HR Service Administrator is an integral part of IBM and HR. Your goal is to create an outstanding employee experience for IBMers by delivering HR-related services and supporting our employees as they support our customers and clients. Help IBMers to build their career by providing them with a personalized experience. In this role, you can be part of a team that works with all areas of our global organization and is empowered to achieve goals that align with IBM strategy.
Your Life @ IBM

What matters to you when you're looking for your next career challenge?

Maybe you want to get involved in work that really changes the world? What about somewhere with incredible and diverse career and development opportunities – where you can truly discover your passion? Are you looking for a culture of openness, collaboration and trust – where everyone has a voice? What about all of these? If so, then IBM could be your next career challenge. Join us, not to do something better, but to attempt things you never thought possible.

Impact. Inclusion. Infinite Experiences. Do your best work ever.
About Business Unit

IBM Corporate Headquarters (CHQ) team represents a variety of functions such as marketing, finance, legal, operations, HR, and more, all working together to solve some of the world's most complex problems, help our clients achieve success and build collaborative work environments for IBMers.
About IBM

IBM's greatest invention is the IBMer. We believe that progress is made through progressive thinking, progressive leadership, progressive policy and progressive action. IBMers believe that the application of intelligence, reason and science can improve business, society and the human condition. Restlessly reinventing since 1911, we are the largest technology and consulting employer in the world, with more than 380,000 IBMers serving clients in 170 countries.