Group Rewards Specialist

2 weeks ago

Singapore TECHNOLOGY SERVICES GROUP PTE. LTD. Full time

**Responsibilities**:

- Design and develop comprehensive KPIs to measure individual, team, and departmental performance in alignment with organizational goals.
- Collaborate with line managers, stakeholders to understand business objectives and translate them into measurable performance metrics.
- Create and implement reward systems, including bonuses, incentives, and recognition programs, to motivate and retain high-performing employees.
- Analyze performance data and trends to identify areas for improvement and adjust incentive programs accordingly.
- Communicate incentive plans and performance expectations effectively to employees at all levels of the organization.
- Monitor and evaluate the effectiveness of incentive programs, making recommendations for adjustments or enhancements as needed.
- Stay informed about industry best practices and trends related to performance management and incentives.
- Collaborate with HR, finance, and other departments to ensure compliance with legal and regulatory requirements regarding compensation and incentives.
- Provide guidance and support to managers and team leaders on performance management processes and incentive implementation.

Qualifications:

- Bachelor's degree in business, human resources, finance, or a related field.
- 3 years and above of proven experience in designing and implementing performance management systems, incentive programs, and commission structures.
- Strong analytical skills with the ability to interpret data, identify trends, and make data-driven decisions.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams.
- Strategic mindset with the ability to align incentive programs with organizational goals and objectives.
- Knowledge of relevant laws and regulations related to compensation and incentives.
- Ability to work independently, manage multiple projects simultaneously, and meet deadlines in a fast-paced environment.
- Proficiency in google sheets or software's for data analysis and reporting.
- Certification in performance management, compensation, or related fields is a plus

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