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Regional Compensation & Benefits Partner

Samsung Electronics

Samsung Electronics

Accounting & Finance
Singapore
Posted on Saturday, November 18, 2023

Position Summary

This role will be in charge of managing and administering compensation and benefit to drive the performance and satisfaction of our SEAO employees.

Role and Responsibilities

  • Review, analyze, design and enhance existing compensation and benefits policies and incentive programs to improve employee satisfaction and drive business needs
  • Responsible / “go to person” for HRIS (Workday) in Performance Evaluation, Goal Setting, Compensation modules & etc.
  • Churning reports from HRIS (Workday) and monitor the progression status of the Performance Evaluation and Goal Setting processes.
  • Coordinating with BU/Dept in completing of the Performance Evaluation and Goal Setting processes.
  • Provide Training to Managers and Employees on the C&B related HRIS (Workday) e.g. Performance Evaluation, Goal Setting, Compensation modules, etc.
  • Responsible in coordinating the regional wide annual merit increment, promotion, bi-annual retention incentive plan exercises in a timely and efficient manner for Subsidiaries.
  • Managing the annual merit increment, promotion, bi-annual retention incentive plan, bi-annual bonus in a timely and efficient manner for RHQ.
  • Supporting and reviewing the Job Evaluation results and process for Subsidiaries and RHQ.
  • Monitor market trends and evaluate the effectiveness of existing compensation and benefits programs
  • Ensuring C&B policies and practices are legally compliant across the region and in line with business strategy and goals
  • Manage and participate in compensation and benefits benchmarking surveys by Mercer or other consultancy companies, analyze the outcomes and provide suggestions accordingly
  • Propose compensation and benefits packages that are aligned with the Company’s policy and guidelines and yet competitive to the market/ industry
  • Ensure salaries and benefits comply with the current legislation and internal equity, work on leveraging an ideal variable pay platform and pay mix
  • Identify and recommend solutions and improvements to the current compensation and benefits work flow
  • Participating in HQ/RHQ C&B projects
  • Any other ad-hoc duties assigned

Skills and Qualifications

  • Degree in any related discipline with a minimum of 5 years in regional C&B role in a MNC environment
  • Good understanding of compensation and benefits fundamentals, experience with mercer
  • Hands-on team player with strong analytical and communication skills
  • Min 5 years working experience in HRIS related to C&B, regional experience preferred
  • Experience in working with Mercer data
  • Prior working experience/knowledge in Payroll would be advantageous but not mandatory
  • Intermediate proficiency in Microsoft Excel, Words and PowerPoint

#LI-SEAO #LI-MidSenior

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