This role supports Compensation & Benefits activities for the Singapore entity and potentially may expand to Asia Pacific office and local Opcos. The incumbent will be responsible for Comp & Benefits operational activities, including budgeting, costing, the review and implementation of existing C&B programs, ensuring they comply with current legislations and compliance requirements.
RESPONSIBILITIES
· Advisory and support the Singapore entity on all C&B related activities.
· Responsible for annual salary, bonus review cycles/process
· Responsible for job evaluation of new roles and benchmarking
· Responsible for manpower costing and resource planning
· Responsible for market benchmarking, salary surveys and benefits review
· Responsible for financial related activities, including budgeting, accrual, and re-charging processes.
· Work with team members to drive process review & improvements.
· Oversee and responsible for medical/insurance and benefits renewals and work with vendors on benefits renewal & administration.
· Escalation for Opco payroll related matters
· Oversee union industrial relations matter, disciplinary/ grievances, CA renewals etc
· Responsible for annual audit and work with HR teams
· Manage the Senior Management Remuneration Package and contract renewals.
· Mercer/SNEF/MOM/relevant bodies on salary benchmarking and industry surveys.
· Conduct market research, and carry out feasibility analysis, cost simulation / modelling.
· Maintain and ensure HR policies are updated.
· Work with Snr Manager on C&B projects
· Work with HR teams on assignees’ package
· Support team members on assignees’ process
· Coach, develop and guide team members.
REQUIREMENTS
· Minimum 8 years’ experience in Comp & Benefits work in an MNC. Knowledge and
experience in union collective agreement negotiation is preferred.
· Degree in Business Management/Adm, in HR and/or a Professional certification in Compensation & Benefits