Analyst - Compensation & Benefits

Education Qualification :
Any Graduate

Skills :
Primary -> Functional | Compensation and Benefits Components | Employee Benefits | 2 - Knowledgeable
Primary -> Functional | HR Analytics | Areas in HR Analytics | 2 - Knowledgeable
Secondary -> Functional | HR Operations / Administration Activities | Maintaining Employee Information | 2 - Knowledgeable
Secondary -> Behavioral | Aptitude | Tasks Related Skills | 2 - Knowledgeable

Details:
As a Compensation and Benefits professional, the role provides insights, consultation and advice to Human Resources Business Partners and the senior business leaders as required.

Roles and responsibilities:

• Manage all compensation processes: Cyclical processes, One-off compensation changes, Variable Compensation schemes, commission schemes, etc
• Provide compensation and benefits competitiveness and market trend insights to design appropriate programs to attract, motivate and retain talents.
• Analyze the sales/service/operations incentive plan effectiveness and develop and improve sales/service/operations incentive plan.
• Develop and update salary structure to ensure internal equity and external competitiveness.
• Participate in regional and global team providing local input into global compensation and benefits projects
• Responsible for regulatory and compliance matters related to compensation and benefits functions locally.
• Cultivate a thorough understanding of the total rewards framework of the Company by offering guidance and education to local HR team and/or senior business managers with regard to compensation and benefits programs and philosophies.
• Strengthen the communication in the area of total rewards to establish better understanding from senior stakeholders down to individual employees’ level.
• Partner with Human Resources business partners locally and regionally to ensure timely and effective communication, and implementation of HR strategy, policies and practices.