Total Rewards Head

Bank of the Philippine Islands (BPI)

Manila

On-site

PHP 1,800,000 - 3,000,000

Full time

4 days ago
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Job summary

Bank of the Philippine Islands (BPI) seeks a Head of Total Rewards to lead the strategy, design, and execution of the Total Rewards framework to attract, engage, and retain talent. You will provide consultative support to senior stakeholders, manage the Total Rewards team, and ensure alignment with talent strategies and business objectives.

The role requires a strong foundation in Total Rewards principles, compensation structures, and job evaluation, with 10–12 years in the field and at least 5

Qualifications

  • Knowledge of Total Rewards principles, compensation structures, and job evaluation.
  • Experience leading Total Rewards/HR strategy functions or teams.
  • Strong stakeholder management skills and ability to influence senior leaders.

Responsibilities

  • Formulates Total Rewards strategy aligned with talent objectives and business goals.
  • Designs and implements Total Rewards programs to attract and retain talent.
  • Leads Total Rewards team, budget, and objectives; provides strategic direction.
  • Engages with benchmarking groups to stay current with industry trends.

Skills

Total Rewards principles
Compensation structures
Job evaluation
Leadership and people management

Education

Bachelor's degree in HR/Business
Master's in HR Management or MBA (preferred)

Job description

Job Description:

The Head of Total Rewards leads the strategy, design, and execution of the Bank's Total Rewards framework to attract, engage, and retain talent. The role ensures equitable and compelling rewards programs that drive performance, support employee well-being, and contribute to organizational success. This position provides consultative support to senior stakeholders, manages the Total Rewards team, and ensures alignment with overarching talent strategies and business objectives.

Responsibilities
  • Formulates the Bank's Total Rewards philosophy and vision, ensuring alignment with talent strategies and business objectives
  • Designs and implements innovative Total Rewards strategies with senior leaders to position the Bank as a talent leader
  • Spearheads the design and development of programs targeted toward employee financial well-being
  • Provides consultative support and deliberates decisions with senior stakeholders on compensation management
  • Reviews benefits packages that meet employee profiles and organizational budget
  • Manages the Total Rewards team by providing strategic direction, managing budget, and guiding objectives to align with organizational strategy
  • Networks and engages with external benchmarking organizations and HR associations to stay current with industry trends and best practices
Qualifications
  • Bachelor's Degree in HR, Business, or related field
  • Master's in HR Management or Business Administration preferred
  • 10-12 years of experience in Total Rewards/HR Strategy
  • At least 5 years of leadership and people management experience
  • Knowledge of Total Rewards principles, compensation structures, job evaluation
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