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Compensation & Benefits Analyst (Total Reward) – Leading global payments firm

Job Title: Compensation & Benefits Analyst (Total Reward) – Leading global payments firm
Contract Type: Permanent
Location: Hong Kong
Industry:
Reference: GT/16447
Contact Name: Garrett Tardrew
Contact Email: gt@elliottscotthr.com
Job Published: February 25, 2022 17:13

Job Description

Compensation Rewards:

  • Job Descriptions: Develop and maintain global JD template, and a global repository for all Job Descriptions.

  • Market Data & Analysis: Develop and maintain global repository of all survey matches against Job Descriptions. Manage and conduct annual survey job matching (with HRBP & Business Leaders) and survey data submission process.  Conduct analysis and establish recommendations for review.

  • Functional Audits:  On an annual basis perform a compensation audit of each functional area of Validating Accuracy of Job Descriptions, Review of Roles in Grid Placement, local and global review, discussing business growth/decline/consolidation impacts to organizational design and positions.  Establish recommendations for review.

  • Rewards Cycle:  Support the head of TR with compensation budget planning analysis (Salary/STI/LTI). Review and prepare cycle timelines, communication materials, and in partnership with HR Operations, any system configuration preparation or changes needed.  Partner aligned HRBPs to deliver program education sessions and information timely.

  • Maintain global inventory of all benefits, allowances, awards, gifts.  Conduct Semi-Annual Review to maintain accuracy as well as potential changes for the following year with budget implications. 

  • Stay abreast of evolving local market requirements and best practices to consult HRBPs and Business Leaders accordingly.

  • Oversee and manage all enrollment periods – plan details, communication to employees, etc.

  • Follow the TR branded communication strategy for all TR programs and processes.  Develop materials, conduct education and training session for HR and the business, etc.   Provide reminders for time sensitive processes.

  • Develop, provide and review language in all onboarding (offer-letter for FTE & FTC)/offboarding processes, employee handbook policies related to TR to ensure accuracy, and global compliance.  Semi-Annul review to be conducted. Establish recommendations for review.

  • Stay abreast of regional Compensation & Benefit legal and regulatory requirements to ensure Payoneer Compliance as applicable.  Determine process and program change needs and develop plan to address.  

  • In alignment with the global TR, develop and implement TR Process Controls to mitigate risk.  Perform annual TR process reviews to evaluate the effectiveness of the controls.

  • Monitor compensation rewards data for data accuracy/integrity, trends, themes, opportunities, and any potential areas of concern.

 

Skills, Experience and Education

  • 5 – 8 years C&B experience from a leading financial services firm or blue chip

 

For further details please contact Garrett Tardrew by sending your details to gt@elliottscotthr.com

Job Code: GT/16447

 

 

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Please note that only short-listed candidates will be contacted.