Compensation & Benefits Specialist
2 weeks ago
HRnetGroup WP. Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Compensation & Benefits SpecialistWe are seeking a highly motivated and experienced C&B Specialist to join our dynamic HR team. In this role, you will be responsible for the administration of our compensation and benefits programs. The ideal candidate will have a strong understanding of performance management, incentive programs, payroll audit, and group insurance administration. If you have a passion for HR and a desire to contribute to a thriving organization, we encourage you to apply.
Responsibilities:
- Performance Management:
- Run and manage performance reports for performance and compensation management purposes.
- Provide information and data to guide leaders and HR intervention.
- Other performance management related tasks, such as assisting with salary review processes or developing performance improvement plans.
- Incentive and Bonus Management:
- Ensure accurate and timely calculation and payment of incentives and bonuses.
- Develop and administer incentive and bonus programs aligned with business objectives.
- Analyze program effectiveness and make recommendations for improvements.
- Payroll Audit:
- Conduct monthly audits of payroll data to ensure accuracy and compliance with regulations.
- Identify and resolve payroll discrepancies.
- Ensure compliance with current legislation and regulations related to compensation and benefits.
- Group Periodic Reporting:
- Prepare and submit accurate and timely reports on key HR metrics, including headcount, productivity, attrition rate, occupancy rate, and other relevant data.
- Analyze trends and provide insights to support decision-making.
- Group Insurance Administration & Negotiation:
- Manage and administer group insurance programs, including health, life, and disability insurance.
- Negotiate with insurance providers to secure competitive rates and coverage.
- Ensure compliance with relevant regulations.
- Handle employee inquiries and claims related to group insurance.
Requirements:
- Bachelor's degree in Human Resources, Business Administration, or a related field.
- Proven experience as a C&B Specialist or hands-on experience with regional payroll is an added advantage.
- Strong understanding of compensation and benefits principles and practices.
- Excellent analytical and problem-solving skills.
- Advanced MS Excel skills (e.g., macros, VLOOKUP) are essential.
- Excellent communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Ability to work under pressure and tough deadlines.
Mid-Senior level
Employment typeFull-time
Job functionHuman Resources and Analyst
IndustriesHuman Resources Services
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