Compensation & Benefits Executive

HRnetGroup; Kuala Lumpur; On-site; MYR 36,000 - 60,000; Full time

Job summary

A leading HR firm seeks a C&B Executive to enhance their compensation and benefits programs. The role involves performance management, payroll audits, and group insurance administration, requiring a blend of analytical expertise and strong communication skills. If you have a passion for HR and want to make an impact, apply today.

Qualifications

• Bachelor's degree in HR or related field required.
• Experience as a C&B Specialist or with regional payroll is advantageous.
• Advanced MS Excel skills essential.

Responsibilities

• Manage performance reports for compensation management.
• Ensure timely calculation and payment of incentives.
• Conduct audits of payroll data for accuracy.

Skills

Analytical skills

Problem-solving skills

Communication skills

Interpersonal skills

Advanced MS Excel skills

Education

Bachelor's degree in Human Resources

Business Administration

Job description

We are seeking a highly motivated and experienced C&B Executive to join our dynamic HR team. In this role, you will be responsible for the administration of our compensation and benefits programs. The ideal candidate will have a strong understanding of performance management, incentive programs, payroll audit, and group insurance administration. If you have a passion for HR and a desire to contribute to a thriving organization, we encourage you to apply.

Responsibilities:

1.Performance Management:

• Run and manage performance reports for performance and compensation management purposes.
• Provide information and data to guide leaders and HR intervention.
• Other performance management related tasks, such as assisting with salary review processes or developing performance improvement plans.

2.Incentive and Bonus Management:

• Ensure accurate and timely calculation and payment of incentives and bonuses.
• Develop and administer incentive and bonus programs aligned with business objectives.
• Analyze program effectiveness and make recommendations for improvements.

3.Payroll Audit:

• Conduct monthly audits of payroll data to ensure accuracy and compliance with regulations.
• Identify and resolve payroll discrepancies.
• Ensure compliance with current legislation and regulations related to compensation and benefits

4.Group Periodic Reporting:

• Prepare and submit accurate and timely reports on key HR metrics, including headcount, productivity, attrition rate, occupancy rate, and other relevant data.
• Analyze trends and provide insights to support decision-making.

5.Group Insurance Administration & Negotiation:

• Manage and administer group insurance programs, including health, life, and disability insurance.
• Negotiate with insurance providers to secure competitive rates and coverage.
• Ensure compliance with relevant regulations.
• Handle employee inquiries and claims related to group insurance.

Requirements:

• Bachelor's degree in Human Resources, Business Administration, or a related field.
• Proven experience as a C&B Specialist or hands-on experience with regional payroll is an added advantage.
• Strong understanding of compensation and benefits principles and practices.
• Excellent analytical and problem-solving skills.
• Advanced MS Excel skills (e.g., macros, VLOOKUP) are essential.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Ability to work under pressure and tough deadlines.