Global Compensation & Benefits Specialist
Employer · Trax Retail
HR specialist
Payroll clerkFlexibleFull-timeBudapest
We are looking for a motivated Compensation & Benefits Specialist to join our People team in Budapest. This role plays a key part in supporting the company's global Total Rewards strategy, with a particular focus on compensation benchmarking including equity, benefits administration, and annual reward processes.
Tasks
- Support the implementation and administration of global compensation and benefits programs, policies, and processes.
- Conduct salary benchmarking and market analysis to assess the competitiveness of salaries, bonuses, equity, and benefits.
- Participate in salary surveys and support annual compensation reviews, bonus cycles, and benefits renewals.
- Provide compensation-related reporting, analysis, and insights to HR and management.
- Ensure compliance with relevant labor laws, tax regulations, and local requirements.
- Manage end-to-end payroll processes across multiple countries, ensuring accuracy and timely execution.
- Validate payroll inputs, including salary changes, bonuses, deductions, taxes, and statutory contributions.
- Collaborate with external payroll providers and Finance to reconcile payroll data and resolve discrepancies.
- Partner with HR, Finance, and other stakeholders on compensation, benefits, and payroll-related matters.
- Support employee inquiries related to compensation, benefits, and payroll.
Conditions & benefits
Cafeteria packageHome office allowanceLearning & development opportunities
Requirements
- 4–5 years of experience in Compensation & Benefits, Payroll, HR Operations, or a related field.
- Solid understanding of compensation principles, salary benchmarking, and benefits administration.
- Hands-on experience managing payroll processes, including payroll inputs, deductions, and tax-related matters.
- Good understanding of accounting principles, employment taxation, and payroll compliance.
- Advanced Excel skills, including formulas, pivot tables, and data analysis.
- Strong analytical, organizational, and problem-solving skills with excellent attention to detail.
- Proactive and independent working style, with the ability to manage multiple priorities.
- Excellent communication and stakeholder management skills.
- Fluent English, both written and spoken.