CBS - Talent - Compensation & Benefits Specialist

EY; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A global consulting firm in Kuala Lumpur is looking for a Compensation and Benefits Specialist to support the design and administration of compensation programs. Responsibilities include market benchmarking, stakeholder engagement, and managing program delivery. Ideal candidates should have expertise in C&B programs, strong client focus, and good communication skills. This role offers the opportunity to work across borders with various stakeholders and contribute to continuous improvement initiatives.

Responsibilities

• Responsible for supporting the design and administration of Compensation and Benefits programs.
• Support stakeholder engagement and manage C&B enquiries.
• Manage delivery of specific program and related operational activities.
• Support market benchmarking and analysis on competitiveness of C&B structure.
• Manage the annual budget planning exercise on C&B’s budget proposals.

Skills

Good business acumen and commercial awareness

Ability to influence and implement change

Good communication skills

Strong client focus

Sound people management capabilities

Expertise in C&B programs

Experience in managing external vendors

Experience in remuneration review process

Job description

Key Responsibilities:

• Responsible for supporting the design, implementation and administration of Compensation and Benefits programs.
• Support the C&B Lead in program design and may lead on market and competitor analysis and on internal research to establish desired outcomes for the business.
• Support stakeholder engagement and communications and be a main point of contact for managing C&B enquiries.
• Manage or coordinate delivery of specific program and related operational activities - working closely with all those responsible for C&B delivery activities including payroll team and external consultants/vendors.
• By process
  • Market benchmarking and analysis
    • Support market benchmarking and analysis on competitiveness of C&B structure and practices against market data and best practices including liaising with external consultants/vendors and relevant parties on data input
    • Manage data submission for annual salary surveys
  • Pay structure
    • Support in job evaluation and pay structures for new roles and career frameworks
  • Annual budget, remuneration and benefits review
    • Support the annual budget planning exercise on C&B’s budget proposals and work with relevant teams on data input
    • Support semi-annual remuneration review including gathering relevant data input and business information, maintaining remuneration review worksheet templates and cost modeling.
    • Manage reporting requirements
  • Programs and projects
    • Manage the day-to-day administration and issue resolution of C&B activities and ensure delivery of operational elements of C&B programs
    • Participate in C&B-related projects and initiatives driven by region and global
    • Contribute to continuous improvement initiatives

Skills and Experience

• Good business acumen and commercial awareness
• Ability to influence and implement change
• Good communication skills
• Strong client focus with the ability to build constructive relationships and work virtually/ across borders with multiple stakeholders across the organisation at all levels
• Sound people management capabilities
• Expertise in the design, development, implementation, and administration of C&B programs and an understanding of how they fit within a wider Total Reward framework
• Experience in managing external vendors
• Experience of implementing the remuneration review process, coordinating with leadership (both talent and business) to ensure a successful cycle