Senior Compensation and Benefits Specialist
ComfortDelGro
Key Responsibilities:
Compensation & Benefits Management:
- Support administration of various compensation activities, including annual salary reviews, bonus calculations, annual budgeting, recognition program, sales incentive plans, job structures and international assignment benefits.
- Support the development and maintenance of the company's compensation structure, salary bands, and job grading systems.
- Assist in the administration of employee benefits programs (insurance, wellness, retirement), including vendor management and renewals.
- Maintain data on long-term incentive plans and coordinate with external consultants to manage executive compensation and reporting.
- Document, communicate, and maintain all compensation and benefits policies and procedures.
- Contribute to regional and global C&B initiatives and projects as assigned.
- Support and coordinate global mobility processes.
Market Research and Benchmarking:
- Conduct salary benchmarking market surveys with market analysis to understand industry compensation trends.
- Assist in recording job evaluation analysis, market pricing, and internal equity assessments.
- Monitor trends and legislative changes impacting compensation and benefits practices.
- Prepare reports and dashboards for HR and management.
- Support communication on education of employees on reward programs.
Budgeting & Reporting:
- Participate in the annual budget exercise with detailed analysis to support cost projections.
- Prepare regular compensation and benefits reports for the leadership team, showing trends, program effectiveness, and financial impact.
- Maintain and record negotiations with labour unions regarding compensation and benefits packages.
- Maintain and update employee compensation and benefits records in SAP SuccessFactors.
- Generate periodic reports on compensation, benefits, and payroll for management review.
Stakeholder Engagement
- As a member of the Rewards team provide support to Business Unit HR business partners, line managers on C&B matters.
- Ensure consistent communication and understanding of C&B policies across the organization.
Projects & Process Improvements
- Contribute to the development and rollout of new C&B initiatives or systems.
- Drive process improvement and automation efforts in the C&B space.
- Support internal audits and compliance-related documentation.
Requirements
- Bachelor's degree in human resources, Business, Finance, or related field.
- Minimum 5 years' experience in Compensation & Benefits, ideally in a regional or multinational setting.
- Strong MS Excel skills and proficiency in compensation benchmarking tools (e.g., Mercer, Korn Ferry, Willis Towers Watson).
- Knowledge of Microsoft Power BI and modelling skills will be advantageous.
- Experience with HRIS systems like SAP Success Factors, exposure to SuccessFactors Performance Management and Compensation modules would be advantageous.
- Exceptional attention to detail and ability to manage sensitive data with confidentiality.
- Proactive, organized, and capable of managing multiple priorities.
- Effective communicator and collaborative team player.
Vacancy posted 2 days ago
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