This role is responsible for overseeing Compensation & Benefits for our European offices located in the Netherlands, Germany, Romania, Hungary and the UK.

The Compensation & Benefits Specialist needs to have a good understanding of compensation and benefit trends, laws, and regulations and be able to use this knowledge to recommend competitive and cost-effective programs for our employees.

Key Responsibilities:

• 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 enrolments 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.

• Coordinate employee wellness events such as Wellness Month for our European offices.

• Manage Company Medical Plans.

• Participate in new hire orientation and enrolment of new hires together with HR team members.

• 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.

• Other duties, responsibilities as assigned by management.

Experience

• 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

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We are an Equal Opportunity/Affirmative Action Employer.