Human Resource Executive
10 hours ago
Key Responsibilities:
1. Annual Compensation Processes
- Prepare and validate data for bonus payouts and salary increment exercises to ensure accuracy and timeliness.
- Generate reports and dashboards for management approvals and decision-making.
- Support the communication of compensation changes to employees.
2. Yearly Budget Preparation and Forecasting
- Assist in salary and compensation budget planning for the fiscal year.
- Collaborate with finance and HR teams to ensure budget alignment and cost controls within predefined limits.
- Prepare forecasts for labor costs based on headcount projections and organizational needs.
3. Labor Cost Control and Analysis
- Monitor labor cost trends and identify opportunities for cost optimization without compromising competitiveness.
- Track actual expenses against budgets and highlight variances for management review.
- Provide insights and recommendations to control costs while supporting business growth strategies.
4. Welfare and Benefits Review (CTAP)
- Revamp and review welfare and benefits programs under CTAP to enhance employee engagement and satisfaction.
- Analyze employee feedback and benchmark industry trends to propose improvements in welfare and benefits offerings.
- Develop and implement policies to support work-life balance, healthcare benefits, and other employee retention programs.
- Collaborate with HR and external vendors to optimize the administration and cost-effectiveness of benefit programs.
5. Data Analysis and Market Benchmarking
- Conduct market salary analysis and benchmarking studies to maintain competitive pay structures.
- Participate in salary surveys and job evaluations to support internal equity and external competitiveness.
- Prepare detailed reports and recommendations based on analysis findings.
6. Compliance and Policy Support
- Ensure all compensation and benefits processes comply with internal policies and local labor regulations.
- Assist in reviewing and updating compensation policies to reflect regulatory changes or market trends.
7. General Administrative Support
- Manage festive season and birthday voucher purchases and oversee their distribution to employees.
- Provide administrative assistance for employee engagement initiatives such as gifts, celebrations, and recognition programs.
- Maintain records and ensure proper documentation related to vouchers, benefits, and other support programs.
- Collaborate with vendors and service providers to manage procurement and timely delivery of vouchers or other rewards.
8. Sales Commission Enquiries and Support
- Handle sales commission enquiries by verifying calculations, addressing discrepancies, and ensuring payouts align with company policies.
- Support sales commission processing by preparing reports and validating commission structures.
- Provide timely responses to employee queries regarding commission payments to ensure transparency and trust.
- Assist in improving commission processes and documentation to streamline workflows and enhance accuracy.
Qualifications:
- Min. Bachelor’s degree in Human Resources, Business Administration, or equivalent
- Min. 3 years of experience in Compensation & Benefits, HR administration, or a related field.
- Proficient in Microsoft Excel and data analysis tools.
- Familiarity with HRIS (Human Resource Information Systems) and compensation management software.
- Knowledge of local labor laws and compensation regulations.
- Strong attention to detail and data accuracy.
- Analytical skills with the ability to turn data into actionable insights.
- Excellent communication and interpersonal skills.
- Strong organizational skills and the ability to manage multiple tasks effectively.
- Proactive and collaborative with a focus on continuous improvement.
Tell employers what skills you have
Forecasting
Growth Strategies
Microsoft Excel
Data Analysis
Strong Attention To Detail
compensation budget
Compensation & Benefits Programs
Administration
Employee Engagement
Compliance
Welfare Benefits Administration
labour control
Compensation Management
HRIS
Human Resources
Compensation Benchmarking
Cost Control
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