Compensation & Benefits Manager (C&B) - Singapore - MORGAN MCKINLEY PTE. LTD.

Description

This role supports Compensation & Benefits activities for the Singapore entity and potentially may expand to Asia Pacific office and local Opcos. The incumbent will be responsible for Comp & Benefits operational activities, including budgeting, costing, the review and implementation of existing C&B programs, ensuring they comply with current legislations and compliance requirements.

RESPONSIBILITIES

· Advisory and support the Singapore entity on all C&B related activities.

· Responsible for annual salary, bonus review cycles/process

· Responsible for job evaluation of new roles and benchmarking

· Responsible for manpower costing and resource planning

· Responsible for market benchmarking, salary surveys and benefits review

· Responsible for financial related activities, including budgeting, accrual, and re-charging processes.

· Work with team members to drive process review & improvements.

· Oversee and responsible for medical/insurance and benefits renewals and work with vendors on benefits renewal & administration.

· Escalation for Opco payroll related matters

· Oversee union industrial relations matter, disciplinary/ grievances, CA renewals etc

· Responsible for annual audit and work with HR teams

· Manage the Senior Management Remuneration Package and contract renewals.

· Mercer/SNEF/MOM/relevant bodies on salary benchmarking and industry surveys.

· Conduct market research, and carry out feasibility analysis, cost simulation / modelling.

· Maintain and ensure HR policies are updated.

· Work with Snr Manager on C&B projects

· Work with HR teams on assignees' package

· Support team members on assignees' process

· Coach, develop and guide team members.

REQUIREMENTS

· Minimum 8 years' experience in Comp & Benefits work in an MNC. Knowledge and

experience in union collective agreement negotiation is preferred.

· Degree in Business Management/Adm, in HR and/or a Professional certification in Compensation & Benefits