Necessary skills for Compensation Benefit Lead: skills and requirements
General requirements of a Compensation Benefit Lead
• Bachelor's degree in Human Resources, Business, or related field
• At least 5 years of experience in compensation, benefits, or related field
• Excellent organizational, communication and problem-solving skills
• Knowledge of employee benefits and compensation laws and regulations
• Proficiency in Microsoft Office and HRIS systems
Skills and Behaviours for a Compensation Benefit Lead
Compensation & Benefits Management
Compensation & Benefits management
Employee Pension
Employee Rewards
Incentives
Financial accounting
Financial Reporting
HR Systems
HR technology
Oracle HCM
SAP SuccessFactors
Knowledge of regulatory frameworks
Regulations
Statutory Requirements
Payroll Management
Payroll
Payroll Administration
Payroll Processing
Performance Management
Performance Appraisals
Performance Management
Policy & Compliance Management
Company Policies
Compliance Management
Legal Compliance
Policy Control
Analytical thinking
Gathering information and data
Identifying cause and effect relationships
Communicating information
Asking the right questions
Influencing and persuading others
Synthesizing information
Developing others
Coaching others to succeed
Enhancing individual and professional development
Sharing knowledge, skills and expertise to others
Problem solving
Making fact based decisions to solve problems