Director, executive compensation & benefits
Toa Payoh Full-time
Reporting to the Shareholder, this role will be responsible for executive compensation and benefit matters that require Shareholder’s and/or Board’s approval. This includes benchmarking executive positions to ensure the company is competitive in the market; making presentations to the Shareholder’s and recommending changes based on market trends; and negotiating individual employment offers/contracts with company executives.
He / she will play a critical role in benchmarking all base and variable pay programs (STIP and LTIP) for our senior executive team in multiple countries. Will also oversee the small team that manages executive payroll, global mobility and review of information that requires Shareholder’s approval.
Main Responsibilities
Strategy Development- Stays abreast of key market, industry and statutory trends / practices in executive compensation.
- Provides feedback on competitiveness of executive C&B offering/practices;
- Perform benchmarking on executive level positions within the industry and geographic locations where we operate (primarily China & Indonesia). Keep the Shareholders appraised of key findings and trends.
- Ensure compensation practices comply with all legal and tax regulations
- Draft individual executive offers/employment packages for new hires and internal promotions.
- Advise on relevant issues/topics, industry best practices and alternatives ensuring the company is able to attract and hire top talent;
- In collaboration with Global HR team, recommend base and variable compensation program changes to improve/drive company performance and retention of key individuals;
- Manage global mobility process for senior executives;
- Contribute to strategic and operational special projects withing both HR and the businesses.
- Collaborate with global recruitment and HR team and partner with internal stakeholders to align C&B practices, employee experiences and business objectives.
- Review/audit all C&B information which requires the Shareholder’s approval.
- Lead small team that manages executive payroll and global mobility processes.
- Ensure management of all programs and initiatives are administered in alignment with legislation and internal guidelines.
- Manage executive payroll process and screening of matters requiring Shareholders’ approval.
- Bachelor's degree with more than 10 years' experience in compensation and benefit and more than 5 years in a HR leadership role
- Ability to effectively interface with C-level executives and to translate complex data / regulations into understandable presentations
- A strong knowledge of compensation practices, legal/tax regulations concerning executive pay practices and reporting and governance practices in China and Indonesia
- Experience in the development, delivery and rollout of significant compensation programs or projects
- Strong project management, analytical, organizational and presentation skills
- Be able to set realistic deadlines and expectations
Search PersonnelToa Payoh
Duration: Permanent
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