[ref. f65804004] Punggol - Assistant Manager/Manager, HR Rewards
ST Engineering Punggol Full-time
Job Responsibilities
- Design, develop and implement changes to the company’s total rewards structure for executives, including base salary, bonuses, stock options, benefits and other incentives. Ensure that the compensation plans align with organizational goals, performance objectives, market trends and adhere to relevant legislative requirements.
- Responsible for ensuring smooth execution of the annual calendar of executive compensation programmes and activities for the Group and overseas subsidiaries (i.e. target setting, funding, achievement and allocations for cash and share-based schemes; salary review and benchmarking; compensation-related corporate governance and reporting).
- Stay informed on legislative changes and tax laws impacting executive compensation. Work with external consultants to provide guidance to the Board of Directors, Compensation Committee, and senior leadership on executive compensation matters.
- Partner with other departments (e.g. HR business partners, talent acquisition, HR Shared Service, talent management, Finance, etc) to implement compensation & benefits programmes and ensure practices are consistent and in alignment with policies to achieve business objectives.
- Develop clear communication strategies to explain compensation structures and changes to executives and stakeholders. Prepare compensation-related materials for the Board of Directors and compensation committees.
- Manage yearly preparation and review of Annual Report, including updating key HR data and composing language for executive compensation related sections. Collaborate with other departments (Finance, Legal, Corp Comms etc.) to gather information and ensure consistency across the report.
- Provide support in operational matters regarding senior management staff.
- Participate/support in due diligence exercises for potential M&A projects.
- Participate in broader Rewards COE community meetings and provides support in other compensation, benefits or global mobility projects as required to promote cross-functional learning and development, balance team workload and enhance overall team productivity.
- A relevant Degree with post graduate C&B qualifications.
- At least 5 years of experience with proven technical knowledge and experience specializing in implementation of Rewards programs in a large organization.
- A strategic thinker with strong analytical skills and a deep understanding of compensation practice, benefits design, performance management and regulatory compliance. Experience with executive compensation, remuneration disclosures and shares plans is preferred.
- Expert in Excel and has a knack of structuring spreadsheets to handle large volume of data in the most efficient manner. Working knowledge on Excel macros and visual basic would be an advantage.
- Excellent proficiency in English (written and spoken), with emphasis on ability to write concisely and with clarity
- Attention to detail to ensure accurate calculations and reporting.
- Good team player attitude and able to work within a matrix environment.
- Strong project management skills, ability to multitask, plans activities timely and pre-empts stakeholders well ahead of time to ensure timelines are always met.
- Highly numeric, analytical mind with superb attention to detail and excellent statistical skills.
- Pro-active, works well under pressure and a hands-on independent operator.
- Fast learner, has a curious mind with a continuous process improvement mind-set and generates new ideas to improve ways of working.
- Good presence and confidence in dealing with senior Corporate office stakeholders
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