Compensation & Benefits Specialist managing employee compensation and benefits in Europe. Ensuring compliance with trends and laws for locations including the Netherlands and the UK.
Responsibilities
Overseeing Compensation & Benefits for our European offices located in the Netherlands, Germany, Romania, Hungary and the UK.
Analyse and evaluate our company’s current compensation and benefits programs.
Assist in the design of new cost-effective and attractive compensation and benefits programs for both current and new countries.
Review changes to the legal landscape to ensure the company’s policies remain compliant.
Recommend employee benefit programs to management by examining, evaluating, and optimizing employee understanding, and interests, costs, regulatory requirements, and competitive advantage.
Evaluate proposed employee benefit contracts by studying provisions; estimating impact e.g. new pension plan (WTP).
Perform Benefit plan audits.
Prepare, collect, and organize data for actual assessments and yearly corrections.
Perform compensation analysis and recommend pay adjustments.
Perform benchmarking of compensation and benefits by using compensation tools, market surveys and reports by third parties.
Collaborate with 3rd party benefit providers, brokers and vendors to ensure smooth delivery of benefits services to employees.
Coordinate daily benefits processing, including enrollments and terminations.
Submit benefits input to payroll at the start of each calendar month, ensuring accurate benefits deductions.
Launch employee benefit announcements.
Update Benefit platforms such as ABC Pension.
Audit employee compensation & benefits data in Workday.
Work together with our Workday team to configure new leave, time off and benefit plans.
Review monthly pension invoices, calculate monthly pension deductions as well as yearly pension corrections.
Review vendor invoices and audit for discrepancies before submitting to accounting by end of month.
Review the designation of employee expenses and monitor the WCR free space.
Support the HR Generalist with responding to employee compensation & benefit questions. When needed, refer employees to specific benefit partners e.g. for retirement planning.
Create compensation and benefit reports for management.
Requirements
You have at least 2 years of experience in HR or Compensation & Benefits.
You speak fluent English and Dutch.
You are highly analytical, accurate, detail-oriented and organized.
You have strong Excel skills; comfortable using PivotTables and VLOOKUP.
Experience with Workday strongly preferred.
Good understanding of employee benefits laws, regulations and best practices.
Knowledge of Dutch pension plans and WCR administration (WKR) preferred.
Benefits
Coordinate employee wellness events such as Wellness Month for our European offices.
Manage Company Medical Plans.
Participate in new hire orientation and enrollment of new hires together with HR team members.
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