Manager, Compensation and Benefits (C&B)
SUMMARY OF THE ROLE
The Manager will develop competitive and cost-efficient programs that will enhance employee retention and talent attraction; and function as Subject Matter Expert to compensation and benefits related policies/ programs.
JOB RESPONSIBILITIES
- Develop and implement compensation and benefits programs, policies and procedures, align with company’s overall strategy and objectives
- Conduct market research and analysis periodically to ensure that the compensation and benefits programs are competitive and attractive to existing and potential employees and to ensure competitiveness and compliance with legal requirements.
- Oversee the design, implementation, and administration of employee benefits such as health insurance, retirement plans, and wellness programs.
- Establish frameworks to evaluate job roles, determine appropriate salary ranges, and ensure internal equity.
- Handle employee grievances related to compensation, conduct salary negotiations, and resolve disputes
- Support annual/ad-hoc salary & benchmarking, allowances and benefit review for multiple entities, including computation of increments and bonuses for different groups of staff and coordinate with the payroll personnel to ensure accurate and timely payments.
- Support the team lead in overseeing the administration of employee group insurance schemes and benefits and works with broker / consultant to follow up on insurance renewal matters.
- Provide guidance and support to various stakeholders on all compensation and benefits related matters.
- Educate employees about compensation and benefits programs, address inquiries, and provide guidance on policies and procedures.
JOB REQUIREMENTS
Education Requirements:
- Job-related bachelor’s degree
Other requirements/qualities required for the job:
- Candidate with experience in Compensation & Benefits will be preferred
- Ability to work within tight deadlines and engage stakeholders and partners from all levels
- Excellent skills in MS Office (particularly Word, Excel, PowerPoint)
- Highly numerate, meticulous and possess good analytical and problem-solving skills
- Aptitude to work in a fast-paced, changing environment and deal with ambiguity
Years of Experience:
At least 8 years of C&B experience which includes managing the Annual Salary Review cycle for Annual Increments and Performance Bonus
