Compensation & Benefits Manager

1 week ago


Kuala Lumpur, Malaysia HR First Sdn Bhd (Recruitment Firm) Full time

**OVERALL PURPOSE OF THE JOB**:
Manage the compensation policies and procedures with the flexibility while keeping the internal equity and the external competitiveness in mind. Monitors the job market, the modern trends in the compensation and finds the best practice for the implementation in the organization without the major impact on the personnel expenses costs. Manages different compensation components as the rise of the costs is manageable and balances employees’ satisfaction in the area of C&B.

**PRINCIPLE DUTIES**:
1. Reviews, designs and implements the set of different compensation and benefits policies ensuring it is in line with market norms. Proposes amendments with support of market information and strong evidence of need for reviews.

2. Drafts board papers for changes / implementation of new policies.

3. Designs the basic compensation structures in the organization (grading system, job evaluation system, job description policy, promotion policy, etc) aligned with the corporate culture and the corporate values

4. Leads different HR Projects (not just projects from the compensation and benefits area)

5. Coordinates compensation processes like the salary planning, bonus planning and incentive schemes development

6. Integrates with HR team and work closely with Heads of Business Units on working of proposals for packages, including new recruits, promotions, ad-hoc adjustments, etc.

7. Act as business partner to Business Units, understanding their needs on C&B related matters, and developing, reviewing / implanting C&B initiatives.

8. Works closely with Finance on monitoring of C&B related expenses. Manages C&B budgets.

9. Oversees the administration of C&B related functions (i.e. medical / insurance, leave, etc.).

10. Reviews monthly payroll, ensuring accuracy and timely processing and payouts.

Contract length: 6 months

**Job Types**: Full-time, Contract

**Salary**: RM8,000.00 - RM12,000.00 per month

Schedule:

- Day shift
Work Remotely:

- No



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