Kerja Sepenuh Masa, Lead (Compensation - Benefits) di Singapore Institute Of Management West Region (Singapore) - Maukerja

Key Responsibilities

1. Compensation & Benefits Strategy

• Develop, review, and implement compensation and benefits strategies, policies, and frameworks aligned with organisational objectives and workforce needs.
• Ensure compensation structures remain competitive, equitable, and sustainable through regular market benchmarking and analysis.
• Lead the review and enhancement of salary structures, incentive frameworks, benefits programmes, and reward initiatives.
• Support the development and administration of executive and C-suite compensation frameworks, including remuneration benchmarking and governance.

2. Performance Management & Annual Rewards Exercise

• Serve as the policy custodian for the organisation’s performance management framework, policies, guidelines, and processes.
• Review and enhance performance management policies and processes to ensure alignment with organisational goals, performance culture, and governance requirements.
• Lead and oversee the annual performance review cycle, annual salary increment exercise, and performance bonus payout process.
• Partner with HR Business Partners, Finance, and business leaders to ensure smooth execution, consistency, calibration, governance, and timely completion of annual reward exercises.

3. Market Benchmarking & Analysis

• Conduct local and regional compensation and benefits benchmarking using reputable market surveys and data sources.
• Analyse market trends, salary movements, and emerging practices to provide strategic recommendations to management.
• Partner with stakeholders to evaluate market positioning, affordability, and workforce competitiveness.
• Provide insights and recommendations relating to executive compensation trends and market practices.

4. Compensation Review & Implementation

• Drive the implementation of new compensation plans, benefits schemes, reward and mental well-being initiatives.
• Ensure smooth operational execution through effective planning, stakeholder engagement, communication, and governance.
• Support compensation-related matters for senior leadership and key appointments where required.

5. HR Policy Governance & Compliance

• Review and align HR policies, guidelines, and processes to support Compensation & Benefits strategies and organisational governance.
• Ensure compliance with employment legislation, statutory requirements, audit controls, and internal policies.
• Provide advisory support to management and HR Business Partners on compensation-related matters.

6. Workflow Optimisation & Digitalisation

• Lead process improvement and digital transformation initiatives relating to compensation, benefits, and performance management administration.
• Collaborate with HRIS and relevant stakeholders to streamline workflows, automate processes, and improve operational efficiency and employee experience.

7. Budgeting & Resource Allocation

• Plan and manage the annual budget of the Department. Prioritise the allocation of resources to achieve department's objectives within the approved budget.

Requirements

Qualifications

• Degree in Human Resource Management, Business Administration, Finance, Accountancy, or related discipline.
• Professional certifications in Compensation & Benefits, Human Resources, or Rewards Management will be an advantage.

Experience

• At least 8–10 years of relevant HR experience with strong specialization in Compensation & Benefits, preferably in a mid-to-large organisation.
• Preferably possesses prior HR Business Partnering (HRBP) experience with demonstrated ability to partner business leaders on workforce planning, organisation development, manpower strategies, executive and C-suite compensation matters and change management initiatives.

Knowledge & Skills

• Strong knowledge of compensation frameworks, rewards strategies, executive remuneration practices, performance management processes, and market benchmarking methodologies.
• Good understanding of employment legislation, HR governance, and regulatory requirements.
• Strong analytical, numerical, and problem-solving skills with the ability to interpret workforce and compensation data.
• Proficient in HRIS systems and Microsoft Office applications, especially Excel and PowerPoint.
• Strong project management and change management capabilities.

Competencies

• Ability to handle confidential information with integrity
• Excellent interpersonal, communication & presentation skills
• Able to exercise flexibility through creativity yet maintains a fair approach in problem solving and execution of processes, policies etc.
• Meticulous with an eye for numbers & details
• Team Player
• Service oriented

We regret that only shortlisted candidates will be notified.