HR Payroll & Compensation Officer

Job Description

Title: HR Payroll & Compensation Officer

Company Name: Mutual Trust Bank Ltd.

Vacancy: Not specific

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Bachelor degree in any discipline
∎ No 3rd division (below 2.50) is allowed.
∎ Candidate must be from a UGC-approved university.
∎ Skills Required: Ability to Work Under Pressure, Analytical and problem solving skills

Experience Requirements:
∎ At least 6 year(s)

Job Responsibilities:
∎ Candidate must have current or previous experience in HR Payroll.
∎ Processing, maintaining and updating Employees Salary, Bonus, Allowances, Incentives, Commission and other benefits.
∎ Maintaining payroll system by designing, calculating and processing of data.
∎ Implementation, calculation and upgrading current Tax implications in relation to benefits and pay.
∎ Reporting to NBR under section 50, section 108 and section 108 (A).
∎ Plan, design and evaluate and modify benefits policies, processes, and practices to ensure that programs are current, competitive, and in compliance with legal requirements.
∎ Monitor salary structure and benefits, balance cost control in line with best compensation and benefits practices in the banking Industry.
∎ Compile statistical reports concerning personnel-related data, which also fulfill reporting requirements of relevant government rules and regulations.
∎ Assist to conduct annual salary and benefits survey.
∎ Develop, analyze and update HR annual budget.
∎ Having sound and update knowledge about Bangladesh Labour Law, NBR Regulations and Income Tax Ordinance.
∎ Issuance of Individual Tax Card, Calculating and publishing Investment Requirements along with updating AIT and individual Tax Rebate issues.
∎ Assisting in merit matrix, broad-banding and other fringe benefits.

Additional Requirements:
∎ Age at most 45 years
∎ Candidates with CACC certifications will be preferred.
∎ Minimum 3 years of work experience in Payroll & Compensation.
∎ Proficiency in MS Office applications, especially advanced level in MS Excel is a must.
∎ Comprehensive Knowledge of Income Tax and Bangladesh Labor Law.
∎ Professional Certification in HR/ Compensation will be considered as added advantage.

Salary: Negotiable

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 20 Nov 2023

Company Information:
∎ 13 Nov 2023
∎ Mutual Trust Bank Ltd.

Category: Bank/Non-Bank Fin. Institution

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Interested By University

University Percentage (%)
National University 16.55%
University of Dhaka 6.33%
Jagannath University 2.88%
Jahangirnagar University 2.07%
University of Rajshahi 1.87%
Daffodil International University 1.70%
University of Chittagong 1.70%
Southeast University 1.50%
North South University 1.18%
East West University 1.09%

Interested By Age Range

Age Range Percentage (%)
20-30 36.50%
31-35 32.89%
36-40 17.88%
40+ 7.30%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 5.06%
20K-30K 24.35%
30K-40K 21.06%
40K-50K 16.66%
50K+ 32.87%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 10.34%
0.1 - 1 years 3.93%
1.1 - 3 years 12.21%
3.1 - 5 years 17.23%
5+ years 56.29%

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