Compensation & Benefits Executive

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HRnetGroup
Kuala Lumpur
MYR 100,000 - 150,000
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Yesterday
Job description

We are seeking a highly motivated and experienced C&B Executive 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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
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