Compensation & Benefits Sr Specialist

Confidential Careers; Ciudad de México; Presencial; MXN 700,000 - 900,000; Jornada completa

Descripción de la vacante

A strategic staffing firm is seeking a Compensation Specialist to provide analytical and operational support in Mexico City. The role includes developing salary structures, analyzing market surveys, managing employee benefits, and ensuring compliance with local regulations. The ideal candidate has strong analytical skills, advanced knowledge of Excel and data management, and is proficient in English and Spanish. This is a key role for optimizing compensation strategies across the LATAM region.

Formación

• Strong analytical and quantitative skills.
• Advanced Excel and data management required.
• Knowledge of local labor and tax legislation in LATAM.
• Excellent communication and stakeholder management skills.
• Strategic thinking and financial acumen required.
• Ability to maintain confidentiality and attention to detail.
• Proficiency in English and Spanish; Portuguese is a plus.

Responsabilidades

• Develop and maintain salary structures and pay bands.
• Participate in and analyze market salary surveys.
• Support annual compensation review cycles.
• Conduct ongoing salary competitiveness analysis.
• Evaluate and manage employee benefit programs.
• Coordinate administration of employee benefits.
• Ensure compliance with local regulations.
• Update compensation policies for the LATAM region.
• Develop reports and insights for management.
• Coordinate with local brokers for renewals.

Conocimientos

Analytical skills

Advanced Excel

Data management

Communication skills

Stakeholder management

Strategic thinking

Financial acumen

Confidentiality

Bilingual (English and Spanish)

Herramientas

Power BI

Workday

SAP SuccessFactors

Excel Advanced

Descripción del empleo

Provide analytical, operational, and coordination support to the LATAM Compensation & Benefits function, ensuring the effective implementation of regional programs and policies. The role focuses on data analysis, market benchmarking, benefits administration, and preparation of reports and recommendations that ensure competitiveness, internal equity, and compliance with local regulations across all countries in the region.

Main Responsibilities:

• Develop and maintain salary structures, job leveling, and pay bands aligned with market benchmarks and internal equity.
• Participate in and analyze market salary surveys (e.g., Mercer, WTW, Aon) to define pay positioning by country and job family, and provide recommendations to HR and business leaders on salary adjustments and incentive design.
• Support annual compensation review cycles, merit increases, promotions, and variable pay processes
• Conduct ongoing analysis to ensure salary competitiveness and compliance with internal policies.
• Evaluate, propose, and manage employee benefit programs (health insurance, savings funds, food vouchers, pensions, etc.) ensuring competitiveness and fiscal efficiency.
• Coordinate the administration, renewal, and enrollment of employee benefits across countries; monitor utilization and costs to ensure competitiveness and efficiency.
• Ensure full adherence to local labor, social security, and tax regulations related to compensation and benefits. Support audits, internal controls, and corporate reporting requirements.
• Update and document compensation policies and procedures for the LATAM region.
• Develop regular reports and insights for management (Head of HR, Finance, and Regional President). Track compensation KPIs (pay equity, turnover, benefit cost per FTE, etc.) to support business decisions.
• Coordinate with local brokers and vendors for renewals, negotiations, and employee communications. Monitor benefit utilization and cost efficiency to align with budget targets.
• Maintain regional dashboards and key compensation indicators (e.g., compa-ratio, pay-mix, turnover cost, SG&A vs. revenue ratios).
• Use HRIS or analytics tools (Workday, SAP SuccessFactors, Power BI, Excel Advanced) for data accuracy and visualization.

Profile of the candidate:

Strong analytical and quantitative skills

Advanced Excel and data management (Power BI preferred)

Knowledge of local labor and tax legislation LATAM (Mexico, Chile, Colombia, etc.)

Excellent communication and stakeholder management skills

Strategic thinking and financial acumen

High level of confidentiality and attention to detail

Proficiency in English and Spanish (Portuguese is a plus)

Compensation Specialist • Mexico City Metropolitan Area, Mexico