Compensation & Benefits Manager (Asia)

Ichor Systems, Inc.; Shah Alam; Hybrid; MYR 180,000 - 320,000; Full time

Benefits offered by this job

AWS

Quarterly variable bonus

Employee stock purchase plan

Medical benefits

Dental benefits

Optical benefits

Shift allowance

Job summary

Ichor Systems, Inc. is seeking an experienced Compensation & Benefits Manager to shape Asia reward strategies, with emphasis on Singapore and Malaysia. You will lead market benchmarking, salary structuring, and analytics to ensure equity and competitiveness across our growing product and manufacturing operations.

This role can be based in Malaysia, Kuala Lumpur, Shah Alam or Singapore. Work with leaders, manage incentives and benefits programs, and drive governance across Asia while leveraging

Qualifications

• Bachelor’s degree in HR, business, finance, accounting or related discipline.
• Minimum 8 years of experience in Compensation & Benefits or Total Rewards.
• Regional experience across Singapore and Malaysia; broader Asia a plus.
• Strong knowledge of compensation principles, benchmarking, job evaluation and benefits administration.
• Experience with variable bonuses, incentives and recognition programs.
• Advanced Excel and data analysis; Power BI preferred.
• Experience with HCM systems (Workday/SAP/Oracle); Oracle Fusion HCM preferred.
• Excellent attention to detail, organization and project management.
• Effective communication and stakeholder management across levels.
• Experience in semiconductor/high-tech manufacturing environment is preferred.

Responsibilities

• Develop, implement, and evaluate compensation and benefits programs for Asia.
• Conduct market benchmarking and salary surveys for competitiveness.
• Support annual compensation processes including merit increases and market adjustments.
• Build relationships with leaders across Operations and Engineering to enable business performance.
• Perform job evaluations, benchmark data review, salary range recommendations, and system updates.
• Administer incentive programs, bonuses, retention and recognition initiatives.
• Maintain compensation structures, job families, and salary ranges in Oracle.
• Administer and communicate benefits programs (health, life, wellness, leave).
• Collaborate with brokers/providers on renewals, claims, and communications.
• Provide analytics and reporting on compensation programs; support governance and audits.

Skills

Analytical skills

Excel

Data analysis

Stakeholder management

Communication

Project management

Education

Bachelor’s degree in HR/Business/Finance; regional experience across Singapore and Malaysia

Tools

Excel

Power BI

Oracle Fusion HCM

Workday

SAP

Job description

We are looking for an experienced Compensation & Benefits Manager to shape and drive reward strategies across Asia, with a key focus on Singapore and Malaysia. You will play a critical role in ensuring our compensation and benefits programs remain competitive, equitable and aligned with business and talent needs — leveraging market insights, analytics and data to influence reward decisions. This is an opportunity for a commercially minded C&B professional to make a meaningful impact on how we attract, reward and retain talent in a growing global product and manufacturing operations organization. This role can be based in Malaysia, Kuala Lumpur, Shah Alam or Singapore.

Responsibilities

Compensation

• Assist in the development, implementation, administration, and evaluation of programs, procedures, policies, and practices designed to provide for equitable and competitive employee compensation and experience.
• Conduct market benchmarking and salary surveys to ensure competitiveness and alignment with industry trends.
• Support annual compensation processes including merit increases, promotions, market adjustments, and salary structure reviews.
• Build trusted relationships with business leaders across Operations, Engineering and supporting functions to deliver people strategies that enable business performance
• Complete job evaluations on new or reclassified roles, review benchmark market data, make recommendations for salary range and job classification, and update systems post approval.
• Support the administration of incentive programs, variable bonus plans, retention programs, and recognition initiatives.
• Support maintaining and updating compensation structures, job families, and salary ranges in Oracle.

Benefits Administration

• Administer and communicate employee benefits programs including medical insurance, life insurance, wellness programs, and leave benefits.
• Work with insurance broker and benefit providers to manage renewals, claims administration, employee communications, and vendor performance.
• Conduct periodic reviews of benefits offerings and provide recommendations to improve employee value proposition while managing costs.
• Support employee inquiries relating to compensation and benefits matters.

Analytics and Reporting

• Provide technical, data preparation and modelling, and analytical support to a variety of compensation programs and tools, including, but not limited to, annual review process, short and long-term incentive plans, and other broad-based compensation and HR programs.
• Analyze compensation trends, pay equity, turnover, retention, and workforce demographics to support business decision-making.
• Prepare reports and presentations for senior management, HR leadership, and corporate stakeholders.

Compliance and Governance

• Ensure compensation and benefits programs comply with applicable labour laws, regulations, and company policies across Asia.
• Support internal and external audits related to compensation and benefits administration.

Requirements

• Bachelor’s degree in Human Resources, Business Administration, Finance, Accounting, or a related discipline.
• Minimum 8 years of relevant experience in Compensation & Benefits, Total Rewards, or a related HR function.
• Regional experience supporting compensation and benefits programs across Singapore and Malaysia; broader Asia experience is preferred.
• Strong knowledge of compensation principles, salary benchmarking, job evaluation methodologies, and benefits administration.
• Experience administering variable bonus, incentive, and recognition programs.
• Strong quantitative, analytical, and problem-solving skills with the ability to interpret data, identify trends, and provide actionable recommendations.
• Advanced proficiency in Microsoft Excel, including pivot tables, lookups, and data analysis. Experience with Power BI preferred.
• Experience enhancing and/or implementing compensation systems and reporting tools.
• Experience with Human Capital Management (HCM) System (e.g., Workday, SAP, or Oracle) for data management, extraction, and reporting. Proficiency in Oracle Fusion HCM preferred.
• Strong attention to detail with excellent organizational and project management skills.
• Effective communication and stakeholder management skills with the ability to work across all organizational levels.
• Ability to handle confidential and sensitive information with discretion.
• Experience partnering with leaders in a semiconductor, high-tech manufacturing or engineering environment is highly preferred.

Why Join Ichor?

• Competitive Rewards & Benefits – AWS, quarterly variable bonus, employee stock purchase plan, medical, dental, optical benefits, and shift allowance where applicable.
• Be Part of the Semiconductor Industry – Support advanced semiconductor manufacturing through innovative products, precision manufacturing and critical technologies.
• Learning & Development – Build your skills through hands-on experience, on-the-job learning, training and education upgrading support.
• Career Opportunities – Take on new challenges and build your career with a global organization that recognises and rewards your contributions.
• People & Culture – Be part of an inclusive workplace that values innovation, collaboration, operational excellence, honesty, reliability and employee wellbeing.