The Compensation and Benefits Specialist plays a key role in supporting the Centre of Excellence to harmonise HR policies and benefits programme across the company. This will be achieved through diagnosing existing programmes and structure, designing, developing, evaluating and implementing appropriate Benefit programmes across the organisation.
Through close collaboration with HR Business Partners and HR Shared Services, referencing industry benchmarks and the total rewards philosophy of the organisation, the Benefits Specialist grounds decisions in sound reasoning and is able to communicate and justify rationales to others in a diplomatic and engaging manner.
Job Responsibilities:
- Prepare job descriptions, job analysis, job evaluations and job classifications.
- Assist in the devise of commission/incentive scheme.
- Participates in market surveys and completing the necessary data submission for survey to determine the market competitiveness.
- Performing salary tagging and reviewing of compensation for new hires as well as periodic salary review requests for incumbents.
- Use various methods and techniques and make data-based decisions on direct financial, indirect financial and nonfinancial compensations.
- Review employee benefits and proposing solutions to drive employee behaviour and support business goals
- Responsible for the preparation of annual compensation review exercises including the consolidation and extraction of relevant from the performance appraisals, computation of salary, promotion increments and bonus pay-outs.
- Support the team in the strategic analysis of data for various levels of management reporting.
- Preparation of annual and quarterly manpower and budget planning for the organization.
- Support the regional entities on all compensation related matters.
Requirements:
- At least 3 to 5 years relevant working experience, preferably with consultancy experience.
- Proven track record in compensation and benefits.
- Meticulous and detail oriented.
- Good analytical skills.
- Strong Microsoft Excel Skills is a pre-requisite.
- Ability to Multi-Task is preferred.
- Mature and able to handle/manage highly sensitive and confidential information.
- Team player.
- Familiar with various types of incentives and benefits.
- Well-versed with local and regional employment legislation and industry HR practices.
- Good interpersonal and communication skills.
- Able to influence at multiple levels within the organisation.
- Hands-on and able to multi-task in a lean structure.
