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Compensation Specialist
3 weeks ago
Companies are seeking highly skilled compensation specialists to oversee the smooth execution of payroll operations across various regions, ensuring accuracy and compliance with local statutory regulations.
- Global Payroll Management: Process, review, and validate payroll for multiple countries in adherence to country-specific labor laws, income tax, PF, social security, pension schemes, and other statutory contributions.
- Payroll Compliance & Risk Management: Identify potential risks and implement strategies to ensure adherence to regulatory requirements, thereby safeguarding the company from penalties and reputational damage.
- Strategic Partnerships: Collaborate with international vendors, HR, and finance teams to streamline data flow and synchronize payroll cycles.
- Process Enhancement: Develop and implement process improvements to increase efficiency, accuracy, and employee satisfaction.
- Communication & Stakeholder Management: Effectively communicate payroll-related information to employees, management, and other stakeholders while addressing their queries and concerns.
- Confidentiality & Data Protection: Maintain the confidentiality and integrity of employee payroll data in compliance with GDPR and other relevant data protection standards.