Benefits Specialist Total Rewards
1 week ago
Working hour: 9.30am to 5.30pm (2 days WFH arrangement)
Working location: Bangsar south office.
The _Benefits Specialist, Total Rewards - APAC _will be responsible for ensuring optimal execution of Total Rewards (TR) function in Human Resources. As an integral team member of TR function, and reporting to the Director, Total Rewards - APAC, this dual/hybrid role will focus 75% of the time managing benefits programs and 25% in managing compensation-related programs. The role is responsible for:
- supporting TR strategies and principles through processes, projects, and program/initiative deliveries within Herbalife at the APAC region level,
- participating in, supporting and/or leading either current, new, or future region/country TR programs/initiatives, projects, plan design and development, or other aspects as appropriate or assigned,
- collaborating and partnering with internal stakeholders (i.e. HR leaders, country HRBPs, HR Services team, HRIS team and potentially other non-HR functions) and external parties
**Benefits management support (75%)**:
- Support **overall benefits programs/initiatives management** in the APAC region through active collaboration with other team members within and outside of APAC Human Resources (HR).
- Support any **implementations and roll outs** that are regionally or locally, and at times globally (i.e. Employee Assistance Program) driven.
- **Participate and provide inputs in local, regional, and global discussions** on benefits programs/initiatives
- Support the **gathering of local benefits knowledge, policies, guidelines and best practices** of countries in APAC region which includes both onboarding and offboarding of benefits and or changes to existing benefits not supported by GBS
- Assist and support in **reviewing benefits policies, guidelines, and programs/initiatives** in APAC. This includes **consulting and collaborating with Global Total Rewards team, APAC HR Leadership and HR Business Partners (HRBP)** when:
Ø **developing and reviewing strategies, policies, guidelines, and programs/initiatives for revisions** or **during finetuning stage** to ensure:
- best practices, while staying comparable and competitive in the market, and
- adherence to local country legislations is considered.
Ø **preparing the necessary supporting analysis, assessment, market benchmarking and insights** (including internal data/metrics and external market emerging trends and best practices) to support benefits design proposals or recommendations.
- Act as a point of contact to provide **guidance and advice** **on benefits management** in the APAC region and **escalate issues** where necessary to relevant parties e.g. Global Total Rewards team, HRBPs, GBS HR Services team etc.
- Assist in benefit programs/initiatives **communication to APAC employees where necessary**, and if required, **with support from consultants, vendors, service providers or suppliers**.
- Lead Herbalife’s **participation in benefits survey**s and **work closely with GBS HR Services** team to ensure timely and high-quality submission.
- **Identify potential gaps and opportunities to enhance and implement innovative benefits** in APAC where possible, according to local country market practices, and **increase the use of digital platforms (i.e. APAC HR Intranet) and tools to support benefit program/initiatives communications**, where possible.
- In consultation with country HRBPs**, ensure benefits practices are in compliance** with APAC countries’ **local laws and regulations** and also **according to local country market best practices.**
- **Manage ongoing benefits vendor/external service providers relations** to ensure timely and satisfactory service delivery levels and standards.
- **Supports annual insurance renewals activities** which includes:
Ø **monitoring and reviewing company provided medical and risk insurance** for APAC employees in timely manner,
Ø **analyzing market and benchmarking data, plan options and recommends changes and enhancements,** if necessary,
Ø **liaising, coordinating, discussing with the brokers and insurance providers**, together with APAC Group Strategic Sourcing team and country HRBPs.
- **Build strong partnerships and collaborates closely with HR Leaders, GBS HR Services team, HR Business Partners, other HR COEs (e.g. APAC HRIS) and other internal non-HR partners** (i.e. Group Strategic Sourcing, Finance, Legal) where required, to deliver effective and compliant benefits programs and strategies in an efficient manner.
**Compensation management support (25%)**:
For **selected APAC countries (approximately 3 - 4 out of 14 countries) that are identified for the role to support**, the incumbent will:
- partner closely with APAC Compensation Specialist (i.e. Compensation SME) and country HRBPs in **evaluating and designing market-competitive compensation programs** that:
Ø align with regional and global principles and guidelines,
Ø are in line with local market pr
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