Country Compensation & Benefits Specialist (SG & MY)

POSITION SUMMARY

The Country Compensation & Benefits Specialist (SG & MY) is responsible for overseeing and administering compensation and benefits programs for employees in Singapore and Malaysia. This role involves assessing business and employee needs to develop targeted programs that enhance performance, foster organizational trust, and improve employee satisfaction. The objective is to attract, retain, and motivate high-quality talent while minimizing turnover and strengthening the company’s reputation as an employer of choice.

ROLES & RESPONSIBILITIES

• Ensure compensation practices comply with internal pay equity standards and local legislation.

• Prepare bi-monthly HR statistic reports, covering turnover/attrition analysis, manpower costing (budget vs actual), overtime, benefits utilization (leaves, medical, etc.), and headcount (actual vs budget).

• Oversee the end-to-end annual salary review and bonus process, collaborating with Business Line leaders to ensure proposals align with the approved budget.

• Lead the annual manpower budget exercise in partnership with Finance to ensure timely and complete budget submissions.

• Analyze market trends in benefits, particularly medical and insurance, to develop competitive proposals for annual insurance renewals and forward-looking benefits strategies.

• Serve as the Benefits & Leave Administrator, recommending policy revisions to ensure compliance with local laws and regulations.

• Manage and maintain the leave module in the HRIS system, along with the full spectrum of employee benefits (e.g., various insurance and dental claims).

• Collaborate with HRBPs to facilitate career growth progression for all job roles within the organization.

• Conduct salary benchmarking exercises and market analysis, both proactively and reactively.

• Participate in salary and labour market surveys to assess prevailing pay rates and benefits.

• Conduct periodic audits and generate ad-hoc reports on employment trends (e.g., salary expectation forecasts for the upcoming year).

• Process training claims.

• Conduct C&B onboarding sessions for new joiners.

• Any other duties as assigned by the head of department that is part of HR business partnering.

Employee Engagement

• Collaborate with HRBPs to conduct pulse surveys and focus group discussions to enhance employee engagement.

• Organize employee engagement activities centered around wellness initiatives.

WORKING EXPERIENCE, KNOWLEDGE AND ABILITIES

• Bachelor's degree in Business Management or Human Resources Management with a major in C&B or its equivalent.

• Minimum 3 years of solid compensation and benefits experience (Singapore and Malaysia) supporting different stakeholders in established MNCs or local international companies with at least 500 headcounts per country.

• Proven solid experience in HR practices, compensation cycle management (annual bonus, annual increment, budget exercises).

• Adequate knowledge of current labour law and regulations.

• Knowledge of leading practices and trends in Total Rewards including compensation, benefits, rewards and HR systems.

• Proficient in HRIS system, Microsoft Word, Microsoft Excel, and MS PowerPoint.

• Proficient in the English language, both verbal and written. The ability to speak a 2nd or 3rd language will be an advantage.

• C&B experience in “blue collar” workforce will be a huge advantage.

• C&B experience in handling Malaysia will be a huge advantage.

PERSONAL CHARACTERISTICS

• Discipline and trustworthiness when handling confidential information.

• Strong interpersonal and communication skills, with the ability to build rapport and maintain positive relationships at all levels of the organization with a good business aptitude.

• Detail-oriented, organized and able to handle multiple tasks effectively.

• Proven complex analytical skills.

• Driven and a self-starter who enjoys learning and working in a fast-paced environment to develop structure and procedures from scratch for greater efficiency.

• Flexibility and adaptability to changes with creative thinking out of the box mindset.

• Ability to work independently as well as in a team knowing that as a team we will achieve greater heights instead of individual.

• Be able to accept disagreement in ideas and at work and mature to know it’s all about work.