Compensation Specialist
2 weeks ago
We are seeking a skilled Compensation Specialist to join our team at Beacon Hill Staffing Group. In this role, you will be responsible for managing the company's payroll, ensuring that employees receive accurate and timely compensation.
Salary InformationThe estimated annual salary for this position is $63,000 - $80,000, depending on experience and qualifications.
Key Responsibilities- Gathering information on hours worked for each employee
- Calculating wages based on hours worked, incorporating overtime, deductions, bonuses, etc., using payroll software
- Receiving approval from upper management for payments when necessary
- Preparing and executing pay orders through an electronic system or distributing paychecks
- Administering statements of payment to personnel electronically or on paper
- Processing taxes and payment of employee benefits
- Maintaining records of hour rates, wages, compensation benefit rates, new hire information, etc.
- Addressing issues and questions regarding payroll from employees and superiors
- Preparing reports for upper management and the finance department
- Proven experience as a payroll specialist or payroll manager
- Solid understanding of accounting fundamentals and payroll best practices
- Excellent knowledge of relevant legislation and regulations
- Proficiency in MS Office and familiarity with software such as Kronos and Payforce
- Trustworthiness with attention to confidentiality
- Outstanding organizational ability with great attention to detail
- Excellent communication skills
- High school diploma or equivalent; BSc/BA in business, accounting, or a relevant field is a plus
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Compensation Specialist
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Compensation Specialist
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