Manager, Total Rewards (Compensation & Benefits) (Clementi)

-; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading company is seeking an experienced Manager of Total Rewards (Human Resource) to develop and manage compensation and benefits programs that align with organizational objectives. The ideal candidate will ensure compliance with regulations, oversee employee benefits, and utilize data analytics to inform decision-making in a fast-paced environment.

Qualifications

• 5+ years of experience in compensation and benefits management.
• Strong understanding of relevant laws and regulations.
• Proficient in data analysis and interpretation for decision-making.

Responsibilities

• Develop and maintain competitive compensation structures.
• Oversee design and administration of employee benefits programs.
• Collect and analyze HR data related to compensation and benefits.

Skills

Analytical skills

Communication skills

Interpersonal skills

Education

Bachelor's degree in Human Resource, Business Administration, Finance

Master's degree or relevant certifications

Tools

HRIS systems

Microsoft Office Suite

Data visualization tools

Job description

We are looking for a Manager, Total Rewards (Human Resource) to join the team.

We are seeking an experienced and dynamic Manager, Total Rewards (Human Resource) to join our team. The ideal candidate will be responsible for developing, implementing, and managing compensation and benefits programmes that align with our organisation's strategic objectives and support the attraction, retention, and engagement of top talent.

Responsibilities:

Compensation Management:

• Develop and maintain competitive compensation structures and salary ranges based on market research and internal equity considerations.
• Administer annual salary review processes, including merit increases, promotions, and adjustments.
• Evaluate job roles and responsibilities to ensure accurate job descriptions and appropriate classification within the organization's pay structure.
• Partner with leadership to make data-driven decisions regarding compensation strategies and practices.

Benefits Administration:

• Oversee the design, implementation, and administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other fringe benefits.
• Serve as the primary point of contact for employees regarding benefits-related inquiries, concerns, and issue resolution.
• Evaluate and negotiate contracts with benefits providers to ensure cost-effectiveness and quality of services.
• Conduct regular audits of benefits programs to ensure compliance with legal and regulatory requirements.

HR Policy and Compliance:

• Develop, update, and communicate HR policies and procedures to ensure compliance with applicable laws, regulations, and industry best practices.
• Stay informed about changes in employment laws and regulations and make recommendations for policy revisions as needed.
• Partner with other stakeholders to address legal and compliance issues related to compensation, benefits, and HR policies.

Data Analysis and Reporting:

• Collect, analyse, and interpret HR data related to compensation, benefits utilization, turnover rates, and other relevant metrics.
• Prepare regular reports and presentations for senior leadership to communicate key findings, trends, and insights.
• Utilize data analytics to identify opportunities for process improvement and optimization of compensation and benefits programs.

Requirements:

• Bachelor's degree in Human Resource, Business Administration, Finance, or related field; Master's degree or relevant certifications preferred.
• At least 5 years of experience in compensation and benefits management, preferably in a corporate HR environment.
• Thorough understanding of compensation practices, benefits administration, and relevant laws and regulations.
• Strong analytical skills with the ability to collect, analyse, and interpret data to inform decision-making.
• Excellent communication and interpersonal skills, with the ability to effectively communicate complex information to diverse audiences.
• Proven ability to manage multiple priorities and projects in a fast-paced, deadline-driven environment.
• Proficiency in HRIS systems and Microsoft Office Suite; experience with data visualization tools is a plus.