Compensation and Benefits Specialist (Up to $5,200) #NJN

Tai Seng

Mon to Fri 8.30am to 5.30pm

Job Description

• Ensure that compensation practices are in compliance with current legislation (internal pay equity, local legislations etc).
• Assess employees needs by conducting organisational pulse surveys to find out what motivates and engages employees.
• Use various methods and techniques and make data-based decisions on direct financial, indirect financial and nonfinancial compensations.
• Responsible for the end-to-end annual salary review and bonus process by working closely with all Business Line leaders to ensure salaries and bonuses proposed are within approved budget.
• Lead the annual manpower budget exercise jointly with Finance to ensure timely and in full submission of the budget.
• Analyse trends in benefits especially medical benefits and insurances for insights and market trends in developing a compelling and competitive proposal for annual insurances renewal and forward-looking benefits to attract, retain and motivate high quality employees.
• Benefits / Leave administrator
• Prepare job descriptions, job analysis, job evaluations and job classifications for internal and external salary benchmarking purposes.
• Participate in salary and labour market surveys to determine prevailing pay rates and benefits.
• Deploy effective communication strategies and success metrics.
• Conduct ongoing research into emerging trends, issues, and best practices.
• Conduct periodic audits and prepare ad-hoc data requests or reports as required

Requirements

• Minimum 3 years of Compensation and Benefits experience, especially at handling the annual budgeting and salary revision exercise.
• HR stats reporting – recruitment, turnover, budget vs actual staff costs, leaves analysis, etc.
• Annual increment and bonus process
• Budgeting process
• Salary benchmarking proactively and reactively
• Benefits benchmarking including yearly medical insurance negotiations
• Reviewing of existing C&B and recommends enhancements.
• C&B onboarding for new joiners

Jessica Nguyen Huynh Thanh Truc

Recruiter (R23113787)

EA License No. 99C4599

We regret that only shortlisted candidates will be notified.