The smart HR professional's blueprint for workforce strategy

Compensation & Benefits Manager

Position:Compensation & Benefits Manager
Company:Kelly Services Sdn Bhd
Company Description:Our client is one of the local banking Group in Malaysia holding significant share across Consumer and Investment banking products and services and has won numerous international and local banking awards and now looking for individuals with outstanding capabilities, talent, high intelligence and energy to be part of their dynamic workforce.
Role Description:

• Evaluate and review existing compensation approach of the Group, propose and implement improvement practices to enhance alignment between rewards strategies and Group objectives and business strategy;
• Design, develop and implement compensation and benefits initiatives including Long Term and Short Term Incentives (variable) within the Group and across Business Units driving performance, attraction, engagement and retention of workforce;
• Develop compensation tools, work flows, processes to facilitate the implementation and administration of compensation and pay initiatives;
• Assist in the area of conducting external compensation, benefits and HR practices benchmarking regularly and on needs basis, conduct data analysis, propose solutions to implement to ensure that the Group and its Business Units remain in line and competitive with the market and industry;
• Assist in conducting Job Evaluation to determine appropriate grade and salary structure administration;
• Develop Total Rewards communication strategy to ensure compensation strategy is clearly communicated to the workforce and to cultivate employee engagement within the Group.
• Provide advisory role and advising staff on HR Terms & Conditions and to prepare statistical reports and analysis on Compensation & Benefits
• Liaise with functional or operational managers to develop and implement local human resource strategies that are appropriate for their business needs, but consistent with the organisation's overall Remuneration & Talent strategy.
• Reviewing relevant Rewards (compensation) and Retention (talent management) policies and current practices for the purpose of supporting existing programs/services, ensuring compliance with legislative requirements, securing general information for planning and/or responding to requests.
• Formulates recommendations regarding development of salary structures, compliance and organizational structures for the purpose of bringing the salaries up to market.

Requirements:• Possess a Bachelor's Degree in Business Studies/Administration/Management/Human Resource Management /Actuarial Science or its equivalent.
• Minimum 5 years in Compensation & Benefits (C&B) experience, planning & operational experience in a Financial Institution/Multinational company or a consulting firm and excellent knowledge of the local law and C&B best practices.
• Articulate with good command of written and spoken English.
• Good track record in developing and driving execution of initiatives in managing employee rewards and retention programs (i.e. compensation & benefits, performance management, learning & development).
• Able to work under limited supervision following standardized practices and/or methods; leading, guiding, and/or coordinating others; and operating within a defined budget.
• Ability to work with a diversity of individuals and/or groups; work with data of varied types and/or purposes; and utilize a variety of job-related tools and methodology.
• Well developed skills and depth of a capability in the C&B areas like market pricing, C&B systems and/or process development, job evaluation, pay planning, benefits program design and administration.
• Excellent networking skills to identify external trends, best practices and vendor management.
Salary Range:
(SGD, annual)
Not stated
Country:Malaysia
Date Posted:Thursday, July 26, 12
Closing Date:Sunday, August 26, 12

To Apply:

Attention to: Afiza

Phone No.: +603 2142 8573

Email: afiza_momit@kellyselection.com

Website: www.kellyservices.com.my







Sunday, 26 May 2013, 11:02 AM


 Click for full gallery


-->