Compensation & Benefits Manager

2 weeks ago

Klang, Selangor, Malaysia GSK Full time

Site Name:
Malaysia - Petaling Jaya

Posted Date:
Feb

We are currently looking for a
Compensation & Benefits Manager to be part of our People Services team. This role will be reporting directly to the Compensation & Benefits Service Centre Lead.

You will be accountable for the core duties of a Compensation & Benefits Manager driving the rewards agenda and providing customer support/relationship building with the assigned markets.

This role will provide YOU the opportunity to lead key activities to progress YOUR career.

These responsibilities include some of the following:

Recognition Process

  • Leading the annual review of the recognition range for their countries, including managing local engagement via the Country Duty Holder (CDH)
  • Analysis of the recognition activity; working with HR Business Leaders as appropriate

Job Evaluation & Job Catalogue

  • Managing job evaluations in supported countries which include ensuring governance and equity of job evaluations by business and country, working with Compensation Managers in other regional hubs as required
  • Participating in the annual job catalogue refresh process, supporting to align the outcomes of the review with roles inRegion (in partnership with the Regional Process Lead and Global Benchmarking Team)
  • Participating in data verification processes specifically relating to the misalignment of job profiles

Performance & Reward Process (includes but not limited to the following)
-
APR Budget Setting

  • Make APR budget proposals based on the global principles and supporting data e.g. Finance plan, projected country wage inflation, competitiveness data, turnover etc
  • Agree APR budget proposals with Country Duty Holder and local Finance
  • Feed proposals into the Regional Process Manager who will consolidate the proposals for the Region
-
Performance

  • Management of Performance configuration for all countries within remit
  • Providing support and guidance relating to the management review process
-
APR Process

  • Ensure correct merit plan assignment
  • Guide 'in flight' merit transactions and oversee completion
  • Support managers with questions around making salary decisions and 'data behavior'
-
Bonus

  • Manage bonus for the aligned group of countries including
  • Validation checks on bonus plans and business alignment (outside of the Manager Data Verification process)
  • Perform validation checks on the bonus calculations coming out of Workday
  • Calculate any bonuses where manual intervention is required e.g. due to unpaid / unbonusable leave periods being captured in local T&A systems
  • Feed all final bonus calcs into the Regional Process Manager for consolidation

Equity Reviews

  • Conduct Analysis using standard tools and processes.
  • Resolution of issues related to the process or technical side of the equity review
  • Records retention of documents related to equity reviews

Salary Management

  • Supports leaders with salary decision guidance either based on specific requests via ServiceNOW or as per Workday escalations e.g. as part of the Request Comp Change, Job Change and Ready Recruit processes. All salary management guidance should be provided within global guidance and using global tools
  • Responsible for proactive salary management within the aligned countries reaching out to groups where competitiveness is concerning, highlighting issues
  • Accountable for records retention process of compensation related documents

Market Data

  • Carries out job mapping/matching for benchmarking as per the guidance provided by the Global Benchmarking Team
  • Supports the Global Benchmarking Team to investigate data issues, matching errors or data gaps
  • Validates job family ranges for countries within remit, supported by the Country HR Teams (if applicable)

Total Employment Cost Analysis

  • Oversees the analysis of the employment cost and resolves any inconsistencies working with Payroll, Finance and Tier 1 as applicable
  • Consolidates submissions and multipliers for the countries within remit passing these to the Regional Process Manager for final validation and coordination
  • Manages the Benefits elements of the analysis to refresh the multipliers on an annual basis.

International Assignments / Permanent International Relocations (PIRs)

  • Support HR Business Leaders and line managers with the salary proposals for inbound or transferring International Assignees
  • Provides supports for the package calculations for Permanent International Relocations, using global processes and tools
  • Is aware of and will uphold Mobility minimum standards to ensure consistency in approach and management of IAs and PIRs

Benefits Benchmarking

  • Supports the Global Benchmarking Team with Benefits survey submissions providing insights and information on top of the data contained in Workday (with support from the applicable Benefits Administration Teams)
  • Supports the Global Benchmarking Team to investigate

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