Performance and Rewards Manager

1 day ago

Singapore ONE SEVEN CONSULTING PTE. LTD. Full time
Job Title: Performance and Rewards Manager

We are seeking a highly skilled Performance and Rewards Manager to join our team at ONE SEVEN CONSULTING PTE. LTD. This role will be responsible for designing and implementing a comprehensive performance management framework, including policies and processes, to ensure they are robust, objective, and aligned with organizational goals.

Key Responsibilities:
  • Develop and enforce a company-wide performance management policy that accurately reflects individual and team performance.
  • Support middle and senior managers in communicating key performance indicators (KPIs) to their teams and in setting performance goals that align with business objectives.
  • Effectively communicate performance management programs and policies to staff, clarifying how performance will be assessed, rewarded, or developed.
  • Provide tools and guidance to managers and heads of departments for professionally delivering performance evaluation feedback to their teams on a one-on-one basis.
  • Monitor and assess the effectiveness of the performance management system and communication strategies, using data and feedback to drive continuous improvement.
  • Create and oversee compensation strategies designed to attract, motivate, and retain employees.
  • Conduct salary studies to recommend a compensation structure that balances organizational budgets with industry standards.
  • Ensure compensation remains competitive and relevant through job analysis, employee feedback, and external market analysis.
  • Develop and manage non-monetary compensation strategies to strengthen the organization's employee value proposition.
  • Design and implement employee benefits programs, including health and wellness initiatives, and group health insurance, within budget constraints.
  • Analyze financial and HR data using data mining, modeling, predictive analytics, and benchmarking to generate insights for decision-making.
  • Create data-driven presentations and dashboards to visualize HR metrics and benchmarking results.
  • Stay informed about local and global HR trends to provide insightful data analysis and benchmarking.
  • Implement and manage various HR services according to the service management framework and HR policies.
  • Lead HR transformation initiatives to enhance service delivery and cost efficiency.
  • Research and apply relevant labor policies, employment laws, and regulations, including those affecting foreign nationals and fair consideration frameworks.
  • Collaborate with the legal and compliance team to draft and issue employment contracts, ensuring compliance with statutory requirements.
  • Communicate with employees regarding benefits, payroll deductions, retirement, re-employment, and termination guidelines.
Requirements:
  • Bachelor's degree in HR, Business Administration, or a related field with at least 4 years of experience in analyzing, designing, or administering Total Rewards or Compensation and Benefits programs.
  • IHRP-CP certification is preferred.
  • At least 2 years of experience in developing and managing performance management frameworks and policies as part of a Total Rewards strategy.
  • A minimum of 2 years of experience in developing and executing short-term incentive plans (STIP) and annual increments across various functions such as sales, service, manufacturing, backend support, and retail.
  • Strong analytical skills with a passion for working with data to develop hypotheses and solutions.

We regret to inform that only shortlisted candidates will be notified.

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