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Compensation & Benefits Manager

Closing: May 22, 2024

This position has expired

Published: Apr 24, 2024 (2 months ago)

Job Requirements

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Job Summary

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  • Responsible for performing the strategic planning, policy development, design, regulatory compliance, communication and administration of all corporate-wide employee compensation and benefits programs consistent with attainment of total reward objective.

  • Carry out job evaluation & salary surveys, develop pay structures & budgets, and implement merit, salary increases & incentive schemes.

  • Design benefits schemes including, health schemes retirement plans, bonus and commission schemes etc. Negotiate CBA & contracts terms with prospective employees and service providers.

  • Planning, preparation and management of HR Budget. Monthly monitoring of spend.



Responsibilities
  • Responsible for performing the strategic planning, policy development, design, regulatory compliance, communication and administration of all corporate-wide employee compensation and benefits programs consistent with attainment of total reward objective.

  • Carry out job evaluation & salary surveys, develop pay structures & budgets, and implement merit, salary increases & incentive schemes.

  • Design benefits schemes including, health schemes retirement plans, bonus and commission schemes etc. Negotiate CBA & contracts terms with prospective employees and service providers.

  • Planning, preparation and management of HR Budget. Monthly monitoring of spend.



  • Design, implement, manage and evaluate organizational total compensation and benefits philosophies and strategies with a linkage to organizations objectives in the short and long term.

  • Provide consultative technical expertise and guidance regarding compensation and benefit matters to executives, managers and human resource officers.

  • Recommend changes in methods or procedures to improve the efficiency of the time entry, benefits and compensation function.

  • Work with management, legal counsel, outside consultants and government agencies to ensure compliance to regulatory requirements.

  • Manage the company’s grading and pay structure in line with company and group guidelines.

  • Negotiate with prospective employees in line with the compensation policy.

  • Draft employment contracts in line with the company policies and local legal requirements.

  • Communicate policies, practices and guidelines to all levels of the Company.

  • In partnership with human resource team, monitor and analyze trends and issues relating to compensation and benefits within the Company and external market, such as turnover, recruitment, government regulation, market data/surveys, competitive practices, etc. to forecast the impact on the Company and implement initiatives to proactively respond.

  • Participate in Collective Bargaining Agreement meetings as required.

  • Manage the HR department budget and provide monthly analysis of spend.

  • Analyse payroll data, identify exceptions and implement corrective actions



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