Rewards, Principal

2 weeks ago

Singapore AIA Full time $90,000 - $120,000 per year
About the RoleResponsibilities
  • Responsible for designing, planning, and implementing benefits, wellness, and compensation programs, policies, and procedures that are aligned to the business strategy.
  • Represent the centre of expertise on all compensation matters, provide advisory on best practices and thought leadership on the development of total rewards methodologies and approaches.
  • Work closely with HRBP and other HR CoEs to analyse workforce trends & metrics, identify and plan for HR needs and programs to support the organization development / change efforts i.e. conduct job evaluations, anticipate & plan impact changes in rewards area. Lead the implementation of new projects and initiatives as a result.
  • Lead the annual PDD & TCR exercise including securing Board endorsement.
  • Budget management for entire AIAIM.
  • Plan and direct the implementation of all benefit plans.
  • Assess the effectiveness of current programs in relation to the company objectives and implement change where necessary.
  • Manage vendor relationships, contract and purchasing processes and negotiations i.e. survey vendors.
Requirements
  • University Degree with at least 10 years of relevant experience
  • Ability to conceptualize and advise at the organization wide level on the interventions, programs required in achieving business objectives.
  • Strong business acumen - maintains an effective level of business literacy about the business performance and its competition.
  • Strong communication & people skills to engage and influence stakeholders at all levels.
  • Strong team player, analytical, ability to think independently and be proactive.
  • Working knowledge of multiple human resource disciplines such as compensation, recognition, organizational diagnosis, union relations, performance management, and employment law.
  • Attention to detail, ability to communicate effectively and tactfully with all levels of stakeholders.
  • Ability to professionally handle confidential material and associated issues.

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