Assistant Manager, Compensation & Benefits

Yeo Hiap Seng (Yeo’s); Shah Alam; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading company is seeking an HR Business Partner to align HR initiatives with business objectives. The role involves managing compensation and benefits, collaborating with leaders on HR strategy, and maintaining HRIS records. Ideal candidates will have extensive HR experience, strong analytical skills, and a relevant degree. This position offers the opportunity to impact HR practices and employee satisfaction significantly.

Qualifications

• Minimum 5 years of HR experience with at least 2 years in payroll and compensation & benefits role.
• Strong knowledge of local labor laws and payroll regulations.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Manage compensation and benefits processes, including salary planning and medical insurance.
• Collaborate with business leaders for HR strategy alignment.
• Perform payroll support and ensure compliance with labor laws.

Skills

Analytical skills

Leadership

Interpersonal skills

Communication skills

Result-oriented

Education

Bachelor’s degree in Human Resources

Bachelor’s degree in Business Administration

Tools

HRIS

Payroll systems

Job description

Summarize / Overview of the objective of the role

This role will act as a strategic partner to business units, ensuring alignment between HR initiatives and business objectives. The ideal candidate will possess strong analytical skills, a solid understanding of HR processes, and experience managing payroll and benefits administration.

Main Responsibilities:-

1) Compensation & Benefits

• Assist in yearly manpower budget exercise, including analyze monthly manpower costs budget vs actual variance.
• Assist in managing C&B processes like salary planning, bonus planning.
• Manage employee benefits programs, including medical insurance renewal.
• Participate in various remuneration/benefits surveys such as Mercer TRS, conduct benchmarking exercise to determine prevailing pay rates and benefits.
• Evaluate and modify benefits policies to ensure that benefit programs are current, competitive, keep abreast with the market best practices and in compliance with legal requirements.

2) HR Business Partnering

• Collaborate with business leaders to understand workforce needs and develop HR strategies that align with business goals.
• Provide guidance on employee relations, performance management, and talent development.
• Support change management initiatives and drive HR-related projects.
• Act as a key point of contact for employees regarding HR policies, practices, and compliance matters.

3) HRIS and Payroll Support

• Periodically review HR records, ensuring data accuracy and confidentiality.
• Generate HR reports and analytics to support business decision-making.
• Backup for payroll and support audits and ensure compliance with labor laws and company policies.

Job Requirements:-

• Minimum 5 years of HR experience, with at least 2 years in a payroll and compensation & benefits role.
• Possess a recognized Bachelor’s degree in Human Resources, Business Administration, or a related field.
• Strong knowledge of local labor laws, payroll regulations, and benefits administration.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Proven track record of good leadership, developing people, interpersonal and communication skills.
• Result oriented with the ability to manage competing priorities and multiple stakeholder.
• Proficiency in HRIS and payroll systems.
• Able to maintain high level confidentiality.