Senior Analyst, Compensation & Benefits

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Job Description - Senior Analyst, Compensation & Benefits

The job holder is the subject matter expert for all direct rewards activities in Pacific countries (Hong Kong, China mainland, Singapore, Taiwan, Australia & New Zealand), and is accountable for designing, implementing and managing all rewards programmes and processes across multiple locations, to ensure we have the right rewards frameworks, and tools in place, effectively incentivize and recognize high performance to support the Company to achieve business objectives.

Key Responsibilities

Rewards programmes design and management

  • Contribute to the design and delivery of competitive direct rewards programmes that are aligned across all markets and are in compliance with country specific legal requirements.
  • Design and manage the implementation of employee incentive programmes; identify and respond to the needs of internal stakeholders; clarify the financial, business performance, and behavioral parameters that are to be met; ensure compliance with external legal requirements.
  • Design and manage implementation of Group bonus plan, including individual employee eligibility and special cases review and coordination, project and stakeholder management across internal working groups globally including subsidiaries.
  • Manage rewards review including cross-border package, localization and taxation studies and allowances review.
  • Provide support to the Asia Total Rewards leader including ad-hoc analysis and modeling/ material preparation, review of all temporary and permanent reward change submissions across all employee groups.
  • Renew & lead the benefit programs such as Employee benefit insurances, pension programs and wellness initiatives.

Total rewards advisory and management

  • Rewards advisory partner for HR business partners, Regional HR teams or line of business, provide COE advice on all direct rewards matters, supporting the business to acquire, motivate and retain talent.
  • Manage job evaluation, including salary benchmarking for new positions or changed roles, and ad-hoc job evaluation exercise, manage impact analyses and implementation planning.
  • Support Asia Total Rewards leader on day-to-day rewards operations, ensuring data integrity in HR systems
  • Participate in other HR or rewards initiatives and projects globally as assigned

Management Of Annual Compensation Cycle

  • Plan and manage annual salary structure and market range review.
  • Conduct regular pay and benefits benchmarking exercises, market analyses and other cost modeling.
  • Facilitate the regular salary review, discretionary bonus, and profit share scheme processes, including planning, modeling, and implementation.
  • Manage the annual compensation management cycle, including the compensation management technology system and any releases, enhancements, or improvements.

Education & experience requirements

  • 8+ years of progressive compensation experience 
  • Bachelor’s degree from an accredited institution; Masters in HR is preferred
  • Experience building and executing Asia countries global compensation programs
  • Knowledgeable of all major aspects of compensation delivery and design principles
  • Demonstrable experience with job architecture frameworks and salary structure design
  • Strong Excel, data collection, and data visualization skills
  • Executive presence and presentation skills
  • Certified Compensation Professional (CCP) or equivalent preferred
  • Experience working in the FMCD industry preferred
  • Strong communication, analytical, and human relations skills
  • Skilled at effectively managing and prioritizing escalations or business-critical situations
  • Consistently exhibits high levels of discretion, integrity, and confidentiality
  • Ability to work under pressure and independently, following tight deadlines and an agile approach.

Language Requirements

  • Professional standard experience in English
  • Good understanding of Simplified Chinese & Traditional Chinese
Original job Senior Analyst, Compensation & Benefits posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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