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Compensation Officer
Not Disclosed
- Kingston and St. Andrew
- Not disclosed
- Permanent full-time
- Updated 01/09/2025
- CAREERS
The Compensation Officer is responsible for the effective administration of payroll, people cost reporting, and employee benefits within the organization.
The role ensures accuracy and compliance in compensation management while supporting strategic decision-making through reporting, variance analysis, and recommendations on compensation and benefits packages. The Officer will play a key role in enhancing employee satisfaction, aligning compensation with business objectives, and maintaining compliance with relevant Jamaican labor laws and tax regulations.
Key Responsibilities
Payroll Administration
Key Responsibilities
Payroll Administration
- Manage end-to-end payroll processing for all employees, ensuring accuracy, timeliness, and compliance with Jamaican statutory requirements (e.g., NHT, NIS, PAYE, HEART).
- Maintain and update payroll records, allowances, and deductions in the HRIS/payroll system.
- Liaise with Finance to reconcile payroll accounts and resolve discrepancies.
- Prepare monthly, quarterly, and annual reports on people costs and benefits expenditure.
- Monitor and analyze compensation budgets to identify variances, investigate root causes, and recommend corrective actions.
- Support Finance and HR leadership in workforce cost forecasting and annual budget planning.
- Research and benchmark market compensation practices to support proposals for competitive compensation packages.
- Administer employee benefits programs including health insurance, pension, motor vehicle allowances, and other perks.
- Ensure allowances (e.g., transport, petrol, housing) are correctly applied, monitored, and reported.
- Review and recommend adjustments to compensation structures to maintain competitiveness and equity.
Employee Support & Services
- Provide guidance to employees on payroll, allowances, benefits, and related queries.
- Coordinate with external benefit providers (e.g., insurance companies, pension administrators).
- Bachelor’s degree in Human Resources, Business Administration, Accounting, or related field.
- 3–5 years’ experience in payroll, compensation, or HR services
- Strong knowledge of Jamaican labor laws, payroll taxation, and statutory reporting.
- Experience with HRIS/payroll systems and advanced proficiency in Microsoft Excel.
- High attention to detail and numerical accuracy.
- Strong analytical and reporting skills.
- Excellent interpersonal and communication abilities.
- Ability to maintain confidentiality and handle sensitive information.
- Problem-solving and process improvement mindset.
- Strong organizational and time management skills.
Ref: Compensation Officer
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