*Perm- NEW* Compensation & Benefits Analyst- East (up to $5500) #NJE

RECRUIT EXPRESS PTE LTD; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A recruitment agency based in Singapore is looking for an HR professional to manage compensation practices, conduct employee pulse surveys, and oversee salary reviews and bonuses. The ideal candidate should have experience in compliance with local legislation and a strong ability to analyze compensation data. This role is pivotal in shaping competitive and attractive benefits for employees.

Qualifications

• Experience in compliance with pay equity and local legislation.
• Ability to conduct organizational pulse surveys.
• Proficiency in data-based decision making regarding compensation.

Responsibilities

• Ensure compliance with compensation practices and legislation.
• Assess employee needs through surveys.
• Manage end-to-end salary review and bonus processes.

Job description

• Ensure that compensation practices are in compliance with current legislation (internal pay equity, local legislations etc).
• Assess employees needs by conducting organisational pulse surveys to find out what motivates and engages employees.
• Use various methods and techniques and make data-based decisions on direct financial,indirect financial and nonfinancial compensations.
• Responsible for the end-to-end annual salary review and bonus process by working closely with all Business Line leaders to ensure salaries and bonuses proposed are within approved budget.
• Lead the annual manpower budget exercise jointly with Finance to ensure timely and in full submission of the budget.
• Analyse trends in benefits especially medical benefits and insurances for insights and market trends in developing a compelling and competitive proposal for annual insurances renewal and forward-looking benefits to attract, retain and motivate high quality employees.
• Benefits / Leave administrator: drafts and/or recommends revisions to company leave policies to ensure compliance with local laws and regulations. Manage and maintain the leave module in the HRIS system and full spectrum of benefit programs (for example, medical insurance, dental claim).
• Prepare job descriptions, job analysis, job evaluations and job classifications for internal and external salary benchmarking purposes.
• Participate in salary and labour market surveys to determine prevailing pay rates and benefits.
• Deploy effective communication strategies and success metrics.
• Conduct ongoing research into emerging trends, issues, and best practices.
• Conduct periodic audits and prepare ad-hoc data requests or reports as required (eg, employment trends such as salary expectations predictions for the new year