Compensation Strategy: Develop and execute a comprehensive compensation strategy that aligns with the company's goals and promotes fair and competitive pay practices.
Benefits Administration: Oversee the design, communication, and administration of employee benefit programs, including health insurance, retirement plans, leave policies, and other welfare initiatives, with a focus on meeting the unique needs of retail and blue-collar employees.
Medical Renewal: Lead the annual medical renewal process, working closely with insurance providers and brokers to evaluate plan options, negotiate costs, and make informed decisions that balance employee needs with financial considerations.
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Key responsibilities in relation to guaranteed compensation (salary, fixed allowances), variable compensation (performance bonus), benefits and perquisites, recognition programs, wellness programs, LTIP (if applicable) and International Mobility (expatriates / assignees) include:
Participate in market benchmarking exercises and conduct any statistical analysis on competitiveness of the rewards structure and practices against market data and best practices.
Conduct review of policies, guidelines and processes to ensure competitiveness and compliance (if relevant)
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• Process monthly payroll for all permanent and part-time employees in Singapore and Thailand, ensuring all applicable payroll components are accurately captured and processed.
• Oversea end to end HR operational which includes but not limited to ensuring proper payroll audit standard, expats visa application/renewal, Long Service Award Programme, Experience and sound HR advisory within department.
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Conduct benchmarking studies, surveys and research to assess external competitiveness and market practices
Coordinate and support the review, implementation and communication of rewards policies, programmes, guidelines and processes to ensure competitiveness, governance and compliance
Coordinate and support annual remuneration exercises, including salary reviews, incentive payments, benefits reviews and other rewards programmes
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