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Assistant Manager/Senior Executive, Compensation and Benefits

Assistant Manager/Senior Executive, Compensation and Benefits

m1 limited
5-7 Years
Early Applicant
  • Posted 19 days ago
  • Be among the first 10 applicants

Job Description

We are looking for a business-minded and forward-thinking teammate to join our Compensation and Benefits (C&B) team. This role is responsible for managing, and administering the organization's compensation and benefits programs, ensuring they are competitive, equitable, and compliant with legal and regulatory requirements.

a. Compensation Management:

  • Support the C&B Lead in the development and maintenance of competitive salary structures and compensation policies.
  • Conduct salary benchmarking and market analysis to ensure compensation packages are in line with market.
  • Ensure compensation and benefits decisions and administration comply with company policies and regulatory requirements.
  • Responsible for maintaining accurate C&B records, preparing management reporting, drafting and updating of Company policies documents and processes, as well as employee communications.

b. Performance Appraisal & Annual Salary Review

  • Support the C&B Lead in managing the end-to-end Performance Appraisal and Annual Salary Review exercise.
  • Collaborate with the HR Business Partners on the execution and calibration reviews.
  • Work with Digital Office to ensure the system readiness for the mid-year and year-end performance appraisal.
  • Responsible for issuance of e-letters for employees.

c. Sales Incentive

  • Support the C&B Lead in the design, review and administration of Sales Incentive Plans.
  • Work with the line managers on the computation of sales incentives.
  • Ensure data integrity, perform validation, and clarify with the line as required.
  • Ensure sales incentive payout in an accurate and timely manner.

d. Benefits Administration:

  • Administer and review employee benefits programs, including medical, group insurance, wellness programs, and other benefits.
  • Work with benefits providers to ensure smooth plan administration, timely renewals, and cost-effective solutions.
  • Review costs and benefits assumptions for annual budgeting exercise.
  • Initiate and implement changes to benefits policies and programs in line with statutory guidelines and/or market practices and facilitate effective change management.
  • Ensure timely update of Company policies documents and processes, as well as employee communications.

e. Collaboration

  • Support C&B Lead in any initiatives, projects and activities as required.
  • Partner other HR team members on HR projects or initiatives as needed.

Requirements:

  • University degree or equivalent in the field of Human Resources, Business Administration or relevant field, with IHRP preferred.
  • Solid track record with a minimum of 5 years relevant experience.
  • Good knowledge in local employment laws and regulations.
  • Hands-on, meticulous, and has strong ability to execute.
  • Good communication skills, and proven ability to collaborate and influence key stakeholders.
  • Possess high integrity and sensitivity, and good data analytic skills.
  • Proactive, resourceful, and has good network in the C&B community.

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