Hr compensation

2 months ago


Singapore VisionPower Semiconductor Manufacturing Company Pte Ltd Full time

About VSMC Vision Power Semiconductor Manufacturing Company Pte Ltd (VSMC) is a new joint-venture 300mm semiconductor wafer manufacturing facility to be built in Singapore. We are looking for committed, resilient, and passionate talents to launch a promising future that powers the next generation devices and systems. If you share the same passion to pursue excellence, join us to make an impact and be part of something special Key Responsibilities - COMPENSATION & BENEFITS & TOTAL REWARDS Design and implement C&B plans and policies, including wellbeing projects and processes to enhance employee experiences for talent attraction and retention aligned to company objectives. Develop and maintain policies and procedures related to compensation and benefits programs that comply with legal and regulatory requirements. Salary Structure Design: Developing and maintaining salary bands and structures to ensure fair and competitive pay for all positions. Market Analysis: Conducting regular benchmarking and market analysis to ensure compensation stays competitive within the industry. Performance-Based Pay: Developing performance-based incentives, like bonuses, to align employee goals with company objectives. Benefits Administration: Overseeing benefits programs including health insurance, retirement, and wellness initiatives to support employee well-being. Compliance: Ensuring all compensation practices meet regulatory requirements, including equal pay, wage laws, and tax regulations. Budgeting and Forecasting: Collaborating with finance to budget for compensation and forecast salary and benefit expenses. Employee Communication: Effectively communicating compensation policies and benefits to employees to drive engagement and satisfaction. Reporting and Analytics: Analyzing compensation and benefits data to assess program effectiveness and support strategic decision-making. Essential Experiences, Skills, and Attributes: Degree in HRM or related domains with good knowledge of employment laws and HR practices. Minimum 3-5 years of recent experience in Compensation & Benefits & Total Rewards. Ability to develop a strong understanding of the industry, conduct benchmarking, and implement best practices for the organization. Strong analytical and problem-solving skills to achieve positive results and outcomes. Proficient in Microsoft Excel, Power Point, Power BI/Tableau, Workday, and/or Success Factors is a plus. Strong interpersonal skills, able to build strong relationships with stakeholders. Flexible, multitasker, and an excellent team player who can work under pressure in a dynamic and fast-paced environment. Has a growth mindset, prioritizing adaptability, resilience, innovation, and ongoing learning to support business needs. VSMC promotes diversity and inclusivity in our workforce; hiring will be conducted in phases. #J-18808-Ljbffr



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