12" VSMC Compensation Benefits Specialist

VisionPower Semiconductor Manufacturing Company Pte Ltd (VSMC); Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A semiconductor manufacturing firm in Singapore is seeking an HR Specialist for Compensation & Benefits. Responsibilities include designing compensation policies, conducting market analysis, and overseeing benefits programs. Ideal candidates should hold a degree in HRM, possess 3-5 years of relevant experience, and have strong analytical and interpersonal skills. Join us to help shape a promising future.

Qualifications

• Minimum of 3-5 years of experience in Compensation & Benefits.
• Good knowledge of employment laws and HR practices.
• Ability to develop a strong industry understanding.

Responsibilities

• Design and implement C&B plans and policies.
• Conduct market analysis to ensure competitive compensation.
• Oversee benefits programs including health insurance and retirement plans.

Skills

Analytical skills

Interpersonal skills

Proficiency in Microsoft Excel

Knowledge of employment laws

Ability to multitask

Education

Degree in HRM or related fields

Tools

Microsoft PowerPoint

PowerBI/Tableau

Workday

SuccessFactors

Job description

About VSMC VisionPower Semiconductor Manufacturing Company Pte Ltd (VSMC) is a new joint-venture 300mm semiconductor wafer manufacturing facility to be built in Singapore.

We are looking for committed, resilient, and passionate talents to launch a promising future that powers the next generation of devices and systems. If you share the same passion for pursuing excellence, join us to make an impact and be part of something special!

Role Summary

We are seeking HR Specialists in Compensation & Benefits and Total Rewards.

Key Responsibilities - COMPENSATION & BENEFITS & TOTAL REWARDS

• Design and implement C&B plans and policies, including wellbeing projects and processes to enhance employee experience for talent attraction and retention, aligned with company objectives. Develop and maintain policies related to compensation and benefits programs that comply with legal and regulatory standards.
• Salary Structure Design: Develop and maintain salary bands and structures to ensure fair and competitive pay for all positions.
• Market Analysis: Conduct benchmarking and market analysis regularly to ensure compensation remains competitive within the industry.
• Performance-Based Pay: Develop performance-based incentives, such as bonuses, to align employee goals with company objectives.
• Benefits Administration: Oversee benefits programs including health insurance, retirement plans, and wellness initiatives to support employee well-being.
• Compliance: Ensure all compensation practices meet regulatory requirements, including equal pay, wage laws, and tax regulations.
• Budgeting and Forecasting: Collaborate with finance to budget for compensation and forecast salary and benefit expenses.
• Employee Communication: Effectively communicate compensation policies and benefits to employees to drive engagement and satisfaction.
• Reporting and Analytics: Analyze compensation and benefits data to assess program effectiveness and support strategic decision-making.

Essential Experiences, Skills, and Attributes

Degree in HRM or related fields with good knowledge of employment laws and HR practices. Minimum of 3-5 years of recent experience in Compensation & Benefits and Total Rewards. Ability to develop a strong industry understanding, conduct benchmarking, and implement best practices. Strong analytical and problem-solving skills. Proficient in Microsoft Excel, PowerPoint, PowerBI/Tableau, Workday, and/or SuccessFactors is a plus. Strong interpersonal skills and the ability to build relationships with stakeholders. Flexible, multitasker, and an excellent team player capable of working under pressure in a dynamic, fast-paced environment. Possesses a growth mindset, prioritizing adaptability, resilience, innovation, and ongoing learning to support business needs.

VSMC promotes diversity and inclusivity; hiring will be conducted in phases.