Lead, Total Rewards
Position Summary:
Within the Department of Human Resources, provides professional guidance, coordination and support in the effective and consistent development, management and implementation of total rewards initiatives and strategy (i.e. global job grading & salary structure, benefit policies and compensation administration practices). Develops and implements various compensation-related data management systems and facilitates the implementation of corporate-level compensation programs and initiatives.
Performs benchmarking and review to ensure competitive and cost-efficient programs related to compensation and benefits which are compliant to the current legislation and supportive to the business needs.
Essential Duties and Responsibilities:
- Conducts detailed analysis of compensation packages, including base pay, incentives, and benefits, ensuring competitiveness and alignment with institutional standards.
- Collects, maintains, and analyzes compensation-related data, ensuring accuracy, integrity, and adherence to regulations.
- Assists in the development and implementation of compensation policies, procedures and guidelines, ensuring alignment with institutional goals and compliance with legal and regulatory standards.
- Conducts market benchmarking studies to evaluate the competitiveness of compensation and recommend adjustments as necessary
- Serves as an advisor to HR Business Partners and business leaders by addressing compensation -related inquiries and clarifying institutional policies.
- Works closely with the vendors, accredited broker or third-party services to discuss changes and enhancements as well as solutions to benefit related matters for both RCG Manila and India offices.
- Ensures strict compliance in the management and implementation of compensation and benefits policies, processes and system.
- Promotes positive feedback and partnership from the line of business and stakeholders.
- Stay up to date with the new systems and upgrades, market trends and industry practice.
- Ensures accurate computation and timely payout of Sick Leave conversion for both RCG Manila and India offices.
- Maintains accurate Monthly headcount/movement and people cost budget forecast review with Finance Team.
- Oversees Medical Insurance, Group Life Insurance, Corporate Travel Insurance, Retirement Plan benefit administration for both RCG Manila and India offices
- Acts as the myHR Benefits Tool Administrator
- Gathers, interprets and analyzes data and generate reports.
- Analyze effectiveness of total reward programs and suggest improvements if needed.
- This job description in no way states or implies that these are the only duties to be performed by the employee occupying the position. The employee will be required or assigned to handle any other job-related activities or tasks.
Qualifications:
- Bachelor's degree in human resources management, business administration, or a related field with at least 6 years of experience in the field of compensation and benefits administration or in a related role.
- Relevant certifications in compensation or SHRM is an advantage.
- Extensive knowledge and experience in benefits and compensation programs, policies, procedures, and applicable legislation.
- Proficiency in MS Office (i.e. excel, Power Apps, power point, etc.)
- strong analytical, problem solving and project management skills
Knowledge and Skills:
- Ability to work in a fast-paced environment that demonstrates a sense of urgency.
- Knowledge in implementing and integrating new people technology systems preferably Success Factors.
- Understanding of the different facets and structure of basic HR practices particularly talent attraction and retention, talent management and employee enablement.
- Ability to translate and summarize queries, concerns and complex information for quick solution
- Excellent communication and stakeholder management skills
- Very good presentation skills
- Data base management skills
- Position requires the use of expertise in job analysis and job evaluation and knowledge of organization structure to audit and classify staff positions at all levels.
- Working knowledge of computerized applications and procedures as applied to compensation management.
- Knowledge of career development and career laddering concepts, principles, and processes.
Physical Demands:
The physical demands described here are representative of those requirements employees must meet to perform the essential functions of this job with or without reasonable accommodations. While performing job functions, the employee is regularly required to sit, stand, write, review and type reports, compile data, operate a pc, communicate, listen, and assess information. The employee may move from other office locations as required and may be required to travel to other office locations either local or international if needed.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of the job. The environment includes work inside/outside the office.
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