Global Rewards Associate Manager
1 week ago
The role of (Global) Rewards Associate Manager will be reporting to the Global Director of Total Rewards for Vision Care division. The main responsibility of this position will be to conduct rewards data analysis, market benchmaking, lead and/or participate in the Annual Compensation cycle (ie. salary review process, STI process, LTI nomination and administration processes) and budgeting processes.
In addition, the role will be involved in special rewards transformation projects, rewards program and policy creation.
The role to be successful, will involve close partnering and interface with various internal stakeholders such as country, regional and global HR and finance network, business managers, - but not limited to - ensuring that guidelines are understood, processes are followed, and proper governance is observed in the execution. In this capacity, you will also support HR projects on change management, organizational planning, company culture and values, HRIS implementation, organizational capability and competency development, standardization and harmonization of HR policies and practices, HR reporting and other topics as assigned from time to time.
The following is a detailed, but not exhaustive, listing of the hands-on tasks you will undertake in the role:
**General Rewards**:
- Provide technical and operational support and coordination on compensation (and benefits) programs, processes (Salary Increase, STI, LTI) and HR-related projects across HVC Division countries worldwide
- Support in updating and / or developing process guidelines for key rewards processes annually according to rewards principles.
- Collaborates with other HR functions within the Division and Corporate Rewards team on global and standard rewards processes.
- Participation in the development and review of compensation policies and programs
- Support in the roll out of Division and Corporate wide compensation programs
- Ensure rewards governance in implementing rewards programs, policy formulation, and rewards processes.
- Exchange with external networking groups and rewards consultants to keep abreast of latest compensation practices and trends.
**Market Survey and Analysis**:
- Conduct salary surveys; preparation of survey inputs and guarantee of job comparability and relevance of matches
- Implementation, analysis and interpretation of compensation surveys
- Research, analysis and assessment of pay programs and development of recommendations for changes and improvements
- Conduct market analysis and develop/update of pay structures
**Job Pricing and Benchmarking**:
- Ensure that the role description, organization chart and details (financial accountability, etc) required for proper job pricing and benchmarking are reviewed and available from hiring managers and/or HRDs.
- Evaluate and classify positions using market data and internal comparisons to ensure external competitiveness and internal equity.
**Projects**:
- Participation in the development and implementation of a job architecture framework and its maintenance thereafter.
- Participation in the development and implementation of ad hoc projects e.g rewards process improvements, and rewards reporting requirements
**Reports and Communication**:
- Prepare various rewards and HR reports, analytics and presentations as required from time to time
- Develop communication materials, education and training related to rewards
- Bachelor’s Degree in business administration, Economics, Finance, Industrial Engineering or a related field.
- At least 3-4 years of combined work experience in rewards role either in-house or rewards consulting companies
- Good MS Office skills and analytical tools
- Very good English language skills (spoken and written), and other language will be an advantage
- Strong analytical skills
- Good communication skills and assertiveness
- Behavioral attributes
- Independent working methods; open-minded towards change processes, and customer-oriented
- Humility and a collaborative mindset
- Initiative, proactiveness, and independence
- High levels of energy and enthusiasm, and a positive attitude
- High degree of Flexibility and willingness to work with ambiguity
- Solution focus and bias for action
- Attention to detail
- Time management, prioritization, and organizational skills
- Mobility: willingness to travel occasionally (around 10%)
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