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Compensation & Benefits Partner
As the Compensation Business Partner, you will partner with various functions, departments, or business units within the Group. Primary responsibilities include development and ongoing administration, design, analysis and implementation of various compensation programs across the organization, including annual salary adjustment, salary structure design and modeling, complex costing scenarios and design and administration of incentive plans.
This position plays a key role in designing, administering, and optimizing employee compensation and financial benefits programs that align with the business objectives and talent strategies. This role serves as a strategic advisor and operational expert, ensuring program effectiveness, regulatory compliance, and employee engagement across all reward mechanisms.
Key responsibilities include but are not limited to:
C&B Center of Excellence (COE)
• Conducts job analysis, market analysis, pay and classification reviews and develop compensation recommendations and costing. Conduct the job evaluation process, consult with Human Resource Business Partners and managers who are creating or revising positions to develop job descriptions that meet internal standards and that reflect actual essential functions and minimum requirements.
Review job descriptions for content. May request revisions to clarify or enhance the quality and
consistency.
• Research market data and select appropriate benchmarks. Analyze the position completely to
determine its relationship to other positions within the organization to ensure internal equity.
Prepare cost analysis and pay grade recommendations.
• Maintain reports and summaries of results. Perform employee equity review and analysis as needed if concern of inequity is present. Participate in audits to ensure adherence to compensation programs, policies, guidelines and regulatory requirements.
Payroll (Group)
• Ownership of Payroll for Group employees & Senior Executives, process payroll for group employees based in Singapore and review (oversight responsibility) of payroll for group employees based in other location.
• Serve as the primary contact point for all compensation and benefits related to group employees.
• Overseeing the execution, administration, compliance, and continuous improvement of benefits and payroll operations while ensuring the highest level of confidentiality and care of personal data. This role is responsible for ensuring high-quality service delivery, optimal employee experience, regulatory compliance, operational efficiency, driving innovation and maximizing outsourcing opportunities.Compensation Review Process
• Lead cyclical compensation work for the assigned business areas including market benchmarking reviews, budget recommendations and allocation, compensation planning, recognition programs, retention exercises, etc. relationships and influence the right outcomes for the business, ensuring equitability and simplicity
• Advise and educate, leaders, Human Resource Business Partners and Talent Acquisition Partners in- cycle and out-of-cycle about our compensation programs and philosophy balancing all levers in compensation including base pay, variable/incentive pay. Serve as a resource to explain compensation policy and systems. Provide training on compensation related programs. Act as a subject matter expert in areas of compensation practices.
• Work in collaboration with function leadership to develop and implement uniform compensation practices (such as policies, procedures and guidelines). Evaluate market and economic trends. Leverage analytics to stay on top of internal trends, relevant pay legislation and competitive market intelligence, anticipating and navigating potential impact to our pay philosophy, benchmarks and practices
Qualifications & Skills:
• Bachelor's degree in human resources, Business, or a related field.
• 7+ years of progressive experience in compensation, with at least 3 years in a global or regional capacity.
• Deep knowledge of global compensation practices, regulatory environments, and market trends.
• Strong analytical and quantitative skills; proficiency with Excel and compensation tools (e.g., Mercer, Towers Watson, Payfactors, AON etc.).
• Strong communicator with proven relationship management skills and the ability to work with
executives and employees at all levels
• Demonstrated experience leading complex projects, change management and collaboration with multiple stakeholders
• Experience in high-growth, multinational organizations preferred.
Job ID: 148974231
Skills:
Excel, Quantitative skills, GSuite
Skills:
advanced Excel, Workday, Job Evaluation, HRIS systems, Compensation Design, Market Analysis
Skills:
Workday, Change management, Excel, Pay for performance culture, Performance management, Project management, Executive remuneration, compensation strategy, Short-term incentives, Benefits structures, Strategic partnering, Job architecture
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