Responsibilities

• Participate in market analysis and collate remuneration data for submission. coordinate all remuneration surveys, continuous update on Total Remuneration Statement (T RS) & other benefits.
• Support coordination of other reward related matters e.g., Overtime payment, annual merit increase, bonuses & incentives (ICA), long service award calculation and payment etc.
• Develop and implement benefits and rewards policies and procedures: Design, review, and update employee benefits packages, including health insurance, retirement plans, wellbeing programs, and other perks, ensuring they comply with legal requirements and meet the needs of diverse employee demographics.
• Conduct research and benchmarking: Stay updated on industry trends, best practices, and legislative changes related to employee benefits and rewards. Conduct regular benchmarking studies to evaluate the competitiveness of the company's benefits offerings.
• Collaborate with stakeholders: Partner with other departments to develop and execute effective benefits and rewards strategies. Coordinate with external vendors, such as insurance providers and benefits consultants, to negotiate contracts and ensure cost-effective solutions.
• Communicate benefits information: Develop communication materials and conduct presentations to educate employees about available benefits and rewards programs. Provide guidance and support to employees regarding benefit inquiries, claims resolution, and other related matters.
• Analyze and optimize programs: Utilize data analytics to evaluate the effectiveness of benefits and rewards programs in meeting organizational objectives and employee needs. Identify areas for improvement and implement enhancements to optimize program outcomes.
• Ensure compliance: Stay abreast of Federal, State, and Local regulations governing employee benefits and rewards. Monitor compliance with reporting requirements, disclosure obligations, and regulatory filings.
• Manage compensation and rewards initiatives: Develop and implement strategies for performance-based compensation, recognition programs, bonuses, and incentives to motivate and engage employees.
• Collaborate with leadership to ensure alignment with overall talent management goals.
• Foster a culture of well-being: Promote employee initiatives that support work-life balance. Advocate for initiatives that enhance employee engagement, satisfaction, and overall well-being.
• Work with external survey consultants on remuneration survey consultants.
• Complete and submit complex salary surveys within established time frames and forecasts budget for salary increases.
• Perform continuous computation and update of Total Reward Statement (TRS) and other benefits statements and ensures they are communicated to the employees when due.
• Support in facilitating various benefits payment for both existing and disengaged employees.
• Reporting Line: The role reports to the Human Resources & Development Manager