Rewards Manager

Job details

Job type

Full-time

Shift and schedule

Monday to Friday

Location

Full job description

Rewards Manager

Together with the Head of HR, be responsible in designing, implementing, and managing the organisation’s rewards programmes. Collaborate with various stakeholders to ensure programmes are competitive, aligned with business objectives, and support employee attraction, retention, and engagement. Additionally, takes the lead to ensure efficiency and data accuracy of activities within the spectrum of compensation and benefits.

Responsibilities

Ensure effective and efficient delivery of the compensation, and performance management matters: -

• Work with the Head of HR to develop and implement a compensation strategy aligned with the organisation’s goals and industry benchmarks.
• Participate in all HR projects initiated by the Head of HR, such as job evaluations, market analysis, salary surveys, etc. to establish competitive salary structures and pay ranges.
• Oversee the administration of the annual bonus and increment processes ensuring fairness, equity, and consistency.
• Ensure all processes and information are properly documented and filed for business continuity and ease of retrieval.
• Provide guidance and support to HR team and stakeholders on compensation-related matters, including offers, promotions, and salary adjustments.

Benefits Administration: -

• Work with the Head of HR to design, implement, and administer employee benefits programmes, such as health insurance, retirement plans, wellness initiatives, etc.
• Evaluate and recommend changes to benefit plans to ensure competitiveness, cost effectiveness, and compliance with regulations.
• Collaborate with benefits vendors, brokers, and consultants to manage relationships, contracts, and programme enhancements.
• Communicate benefits information to employees and facilitate open enrolment processes, as and when required.

Data Analysis and Reporting: -

• Collect, analyze, and interpret compensation and benefits data to identify trends, insights, and opportunities for improvement.
• Prepare regular reports and presentations on compensation and benefits metrics as and when requested by the Head of HR.
• Monitor industry trends and market practices to make data-driven recommendations for programme enhancements and adjustments.
• Ensure data accuracy and integrity within HR information systems and other relevant databases.

Compliance and Policy Management: -

• Be conversant in all policies and tools of trade, e.g. Employment Act, EPF Act, Income Tax Act, SOCSO, HRDF, etc. and ensure accurate data maintenance in all areas managed.
• Develop and maintain compensation and benefits policies, guidelines, and procedures in alignment with legal and company requirements.
• Conduct audits and assessments, as and when required, to ensure policy adherence and address any compliance issues.

Strategic Partner: -

• to all HR Team Members by working closely with them and understanding their needs.
• Provide the required support and information to enable them to be a strategic partner to the line.

Education & Qualification

• Bachelor's degree is a must, or a related field.
• Proven experience as a Compensation & Benefits Manager or in a similar role, with in-depth knowledge of compensation practices, including job methodologies, salary structure, and pay equity.
• Experience working with HR Management Systems is a must. Work experience with Success Factors will be an added advantage.

Technical Skills & Professional Knowledge

• Ability to quickly comprehend requirements and carry out transactions in accordance with set standards.
• Strong understanding of employee benefits programme, such as health insurance, retirement plans, and wellness initiatives.
• Proficiency in data analysis and reporting using HR information systems and tools, including advance Excel programmes.
• Excellent analytical, problem-solving, and decision-making skills.
• Exceptional communication and interpersonal skills, with the ability to interact effectively with employees’ at all levels.
• Highly meticulous with strong attention to details, excellent management skills and ability to organize and plan effectively to meet both short and long-range goals and objectives.
• Strong project management and organisational skills, with the ability to handle multiple priorities and meet deadlines.
• High level of integrity and confidentiality when dealing with sensitive employee information.

Job Type: Full-time

Pay: From RM1.00 per month

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Sungai Buloh: Reliably commute or planning to relocate before starting work (Required)