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Home/Jobs/Savii 2/Compensation & Benefits Officer
S2

Compensation & Benefits Officer

Savii 2

Makati - RemoteFull-timePosted 4 months ago
General

Summary

Savii 2 is hiring a Compensation & Benefits Officer to join their remote team. ✨ Be Part of SAVii: Empowering Change & Transforming Lives!

About the role

✨ Be Part of SAVii: Empowering Change & Transforming Lives! 🌍
 
About SAVii
At SAVii, we’re on a mission to revolutionize the employee wellness landscape. Since our founding in 2017 as SAVii PH, we’ve been changing the way employee benefits work by providing 360° salary-linked wellness services in emerging markets like the Philippines and India. Our platform empowers HR leaders to support their teams’ financial wellness, both personally and professionally. As the leaders in the Philippines, we’re now expanding, and we’re looking for passionate individuals to join us! 🚀
Are you ready to be part of something that’s changing lives? 💡
 
Our Culture: Empowering You to Thrive
At SAVii, people are at the heart of everything we do. We believe in the power of individuality and the strength of a team that values each person's unique perspective. As a remote-first organization, we trust you to work where you’re most productive and happiest. We’re all about flexibility and work-life harmony, so you can focus on what matters most, whether that’s your career growth or personal well-being. 💡
 
We foster a culture of collaboration, respect, and continuous growth, where every voice is heard and every idea is valued. We know that our success comes from embracing diversity, and we welcome all the different backgrounds, talents, and experiences that each team member brings. Together, we’re not just achieving
goals—we’re transforming lives and making a meaningful impact every day. 🌍
 
We work fast, execute faster, and challenge ourselves to constantly evolve. SAViiers are encouraged to take bold steps, learn from every experience, and push the limits of what's possible. Bring your whole self to work, because we believe that’s how the best ideas happen and how we’ll continue to lead in the employee wellness space. 💫
 
Job Purpose
As a Compensation and Benefits Officer  will generally be responsible in overseeing and administration of the employees compensation and benefits as well as development and design of compensation packages and policies aligned with the organization's strategy.

Your Impact: What You’ll Do

  • Prepare, validate, and submit semi-monthly payroll inputs (new hires, terminations, variable pay, overtime, other income and deduction) to the payroll provider. (PH)
  • Review payroll outputs and resolve discrepancies in coordination with the payroll vendor.
  • Coordinate with internal stakeholders (e.g., Finance,) for timely and complete data collection.
  • Sanitize payroll output (removing confidential or personal data) before sharing with Finance for accounting and cost center tracking.
  • Assist Finance with reconciliations and documentation needed for audits
  • Compute and coordinate final pay (last pay) for resignations, retirements, and terminations including earned leaves, 13th month pay, prorated benefits, and tax adjustments.
  • Work with payroll vendors to ensure timely release of final pay and documentation (e.g., BIR 2316).
  • Administer statutory benefits (SSS, PhilHealth, Pag-IBIG) and assist employees with claims, loan applications, and updates.
  • Coordinate with providers for HMO, group insurance, and other company-initiated benefits (wellness programs, allowances).
  • Monitor and track benefits utilization, enrolments, and removals.
  • Ensure compliance with DOLE, BIR, SSS, PhilHealth, and Pag-IBIG requirements.
  • Support statutory report preparation and respond to regulatory audits when needed.
  • Liaise with payroll, insurance, and benefits vendors for issue resolution and service delivery.
  • Monitor provider service levels and escalate concerns as needed.
  • Undertake any other duties and responsibilities as assigned by the immediate manager to support organizational objectives
  • What We’re Looking For: Skills & Experience:

  • Finance/Accounting degree holder
  • Extensive experience in compensation and benefits processing thorough understanding of benefits administration and in-depth understanding of existing compensation
  • Proficient in MS Excel
  • In-depth knowledge of current labor rules and regulations
  • Extensive knowledge of HRIS and MS Office
  • Strong quantitative and analytical skills
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