Lead, Compensation & Benefits

FGV Holdings Berhad; Kuala Lumpur; On-site; MYR 80,000 - 110,000; Full time

Job summary

A leading Malaysian organization is seeking a Compensation and Benefits Manager to develop and implement total rewards strategies. Responsibilities include leading salary reviews, managing benefits programs, and ensuring compliance with regulations. The ideal candidate has a Bachelor's degree and 5-8 years' experience in Compensation & Benefits, strong analytical skills, and project management capabilities. This position offers opportunities for career development in a dynamic environment.

Qualifications

• 5–8 years' experience in Compensation & Benefits or Total Rewards.
• Experience in large or complex organizations.
• Track record in managing compensation frameworks and benefits programs.

Responsibilities

• Develop and implement total rewards strategies aligned with organizational goals.
• Lead annual salary reviews and market adjustments.
• Oversee benefits programs design and administration.
• Ensure compliance with statutory regulations and internal policies.
• Provide analytical insights on compensation trends.
• Lead and develop the C&B team.

Skills

Compensation strategy understanding

Data interpretation skills

Negotiation skills

Stakeholder management

Project management

Analytical skills

Education

Bachelor’s degree in Human Resources, Finance, Business Administration, or Economics

Tools

HR systems

Advanced Excel

Job description

Total Rewards Strategy & Policy

• Develop, review, and implement total rewards strategies, policies, and frameworks aligned with organizational goals and market best practices.
• Design and maintain competitive remuneration structures, incentive schemes, and employee benefits programs.
• Conduct market benchmarking, salary surveys, and trend analyses to ensure external competitiveness and internal equity.

Compensation Management

• Lead annual salary reviews, market adjustments, and promotion-related pay processes.
• Provide expert guidance on compensation packages for new hires, promotions, and special adjustments.
• Manage job evaluation, grading structures, and pay frameworks to support organizational growth and transformation.

Benefits Administration

• Oversee the design, review, and administration of employee benefits programs, including medical and insurance coverage, allowances, and other perks.
• Evaluate benefits for cost-effectiveness, market relevance, and employee satisfaction.
• Collaborate with vendors and service providers to negotiate and deliver value-driven benefits solutions.

Compliance & Governance

• Ensure all compensation and benefits programs comply with statutory regulations, labor laws, and internal policies.
• Maintain accurate documentation and records to support audits and governance reviews.
• Uphold confidentiality and integrity in all rewards-related processes.

Analytics & Reporting

• Provide data-driven insights and recommendations on compensation trends, workforce cost planning, and rewards effectiveness.
• Prepare management and Board-level reports, proposals, and approval papers.
• Support strategic workforce decisions using analytics and scenario modeling.

Leadership & Stakeholder Management

• Lead, coach, and develop the C&B team to ensure high performance and service excellence.
• Partner with HR Business Partners and business leaders to address total rewards matters and provide expert advice.
• Drive continuous improvement and digitalization initiatives within the C&B function.

Requirements

• Bachelor’s degree in Human Resources, Finance, Business Administration, Economics, or a related discipline.
• Minimum of 5–8 years’ progressive experience in Compensation & Benefits or Total Rewards, preferably within a large or complex organization.
• Proven track record in designing, implementing, and managing compensation frameworks and benefits programs.

Specialized Knowledge & Skills:

• Deep understanding of compensation strategy, job evaluation, and employee benefits design.
• Strong analytical and data interpretation skills with proficiency in HR systems and advanced Excel.
• Excellent communication, negotiation, and stakeholder management skills.
• Strategic mindset with the ability to balance business objectives, cost management, and market competitiveness.
• Familiarity with employment laws and regulatory requirements related to compensation and benefits.
• Strong project management skills with experience leading end-to-end C&B initiatives.