Specialist, Rewards

3 weeks ago


Kuala Lumpur, Malaysia RHB Banking Group Full time

Working Hour
- Regular Hours
- Monday - Friday- Business Area
- Human Resource- Location
- Malaysia - Kuala LumpurDescription

Primary Objective:

- Provide input on strategic design, development and implementation of compensation and benefits programs.
- Manage Total Rewards Philosophy and oversee implementation of rewards/ mobility programs

**Key Responsibilities**:

- Develop, review & update reward & salary competitiveness within industry as part of motivation factor towards achieving highly effective performance to meet total business needs & objectives - local & overseas
- Analyse the market trend and develop strategies for competitive market outlook
- Analyse and evaluate reports on rewards in areas such as compensation and benefits
- Benchmarking reward policies and processes against industry practices.
- Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plan.
- Design & implement the framework for annual increment & bonus and to establish a structured Reward Framework
- Provide input & recommendation on retention case of talent & critical staff
- Develop and implement benefits packages that are competitive and in line with corporate guidelines.
- Taking lead in reviewing existing policies for expatriate management and streamlining them down to a consistent framework
- Design, evaluate and modify benefits policies to ensure that programs are current, competitive and in compliance with legal requirements.
- Provide input on business unit’s needs to enable support the business partners in meeting their objectives.
- Provide expertise, guidance and support on matters related to Compensation & Benefits to all staff

**Other skills required**:

- Excellent interpersonal and communication skills
- Strong planning, organising and analytical skills
- Strategic thinker, proactive, able to multi-task
- Able to build relationships with strong diplomacy, negotiation and influence skills
Requirements

**Requirements**:

- Bachelor Degree in Business HR, Finance, Mathematics or or related discipline.
- Minimum 10 years experience in compensation and benefits.
Benefits

Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g. Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards



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