Staff Compensation & Benefits Analyst

Micron Semiconductors; Seberang Perai; On-site; MYR 90,000 - 120,000; Full time

Job summary

A leading technology company is looking for a Staff/Senior Compensation and Benefits Analyst for its APAC region. The role focuses on Total Rewards programs specific to Malaysia. Responsibilities include benchmarking compensation programs, ensuring compliance, collaborating with internal partners, and producing detailed reports. Candidates must have at least 8 years of relevant experience in tech companies, strong Excel skills, and proficiency in English and Malay. This position offers opportunities for professional growth in a dynamic environment.

Qualifications

• Minimum 8 years of Compensation & Benefits experience in reputed tech companies in Malaysia.
• Must have very strong verbal and written communication skills.
• Ability to analyze data and provide solutions to data issues.

Responsibilities

• Benchmark current programs and identify areas for improvement.
• Communicate changes with impacted teams and ensure legal compliance.
• Develop and maintain program documentation and training.

Skills

Advanced Microsoft Excel Skills

Verbal communication in English

Written communication in English

Interpersonal skills

Time management skills

Ability to analyze data

Education

Bachelor's Degree or equivalent experience

Tools

Microsoft Excel

PowerPoint

Word

Job description

As Staff/Senior Compensation and Benefits Analyst at Micron Technology, Inc. for APAC, you will be responsible for regional support of Micron’s Total Rewards programs with primary focus on Malaysia. You will work under the direction of the Director for APAC Total Rewards. You will also be responsible for supporting continuous improvement of global rewards program and assist in the evaluation of the efficiency of the programs. You will help to evaluate Micron's reward competitiveness and alignment to the company’s business strategy and culture. You will partner, collaborate and advise key customers and internal partners globally.

Responsibilities and Tasks

• Benchmark current programs on a regular cadence and as requested for continuous improvement
• Evaluate program for inefficiencies and areas for improvement
• Work with internal partners and customers to identify and implement needed plan changes
• Gather and review employee and/or management feedback, current and future needs and industry trends
• Communicate and coordinate changes with impacted personnel team members, vendors, and management
• Develop and maintain program documentation and team member reference materials
• Ensure legal compliance
• Support team member onboarding/offboarding activities relating to those programs

Consult, Educate and Be A Great Partner with Customers

• Identify, clarify and research employee needs and address program questions
• Evaluate and critique options to recommend solution that best fits customer needs and align to business objectives and budget
• Develop and review proposed solution and cost modeling with vital internal experts and partners
• Build and provide training to managers and team members regularly on Total Rewards topics
• Solicit process feedback from global customers and peers and implement improvements
• Communicate and establish relationships and credibility with key contacts (site leaders, area leaders, business partners, executives)

Conduct New Job Analysis and Maintain Job Inventories

• Interview leaders and/or business partners to identify job description
• Determine best match by researching against current job library and other third party survey benchmark jobs
• Identify justification if a new job is needed (business, geographic, regulatory, population size)
• Determine recommended actions and follow-up with customers
• Build new job and update all reference material

Ensure Regulatory Compliance

• Keep up to date on the understanding of regulations and potential changes
• Consult with internal and external authorities
• Identify liabilities, recommend and implement solutions
• Implement, communicate, and maintain ongoing compliance processes where applicable

Establish and Maintain Pay Ranges

• Submit and collect data through third party market surveys
• Evaluate job matches to market for validity and analyze data
• Make recommendations for change to ranges based on comp philosophy and strategy
• Consult with Executives and business partner to validate ranges
• Perform continued evaluation

Produce and Analyze Compensation & Benefits Reports

• Assess needs, design, generate, maintain and distribute reports as needed to key customers and partners
• Analyze, interpret and present results to appropriate partners
• Complete modeling scenarios, develop recommendations and generate evaluation summaries based on data

Maintain Compensation & Benefits Data and Systems

• Receive, evaluate, process and audit data change request and results
• Update, troubleshoot and resolve system errors as needed
• Perform detailed global system testing
• Ensure data integrity in existing systems
• Raise issues to appropriate party(s) and validate issue resolution

Projects

• Participate on project teams as a representative of the Total Rewards team and act as the Malaysia subject matter authority to provide counsel, advice and support

Skills and Requirements

• Bachelor's Degree or equivalent experience in related field
• Must have advanced Microsoft Excel Skills
• PowerPoint and Word proficiency
• Ability to analyze data, identify data quality issues, and provide solutions or approaches to solve data problems with fair amount of knowledge in statistical methods
• Very strong verbal and written communication skills in English and Malay (prefer)
• Excellent interpersonal and time management skills
• Minimum 8 years of Compensation & Benefits experience in reputed tech companies in Malaysia

Preferred

• CCP or GRP designation