Senior / Analyst (Compensation & Benefits)
1 week ago
Assist in the management and analytics work of Compensation programs in the Corporate C&B team within Venture group of entities.
**Venture**, a public listed company in SGX, is a leading global provider of technology services, products and solutions with established capabilities spanning marketing research, design, research and development. Over the years, Venture has built know-how and intellectual property with expertise in several technology domains. These include life science & genomics, molecular diagnostics, medical devices and equipment, healthcare and wellness technology, lifestyle consumer technology, health improvement products, instrumentation, test and measurement technology, networking and communications, fintech, as well as computing, printing and imaging technology.
Headquartered in Singapore, the Group comprises over 30 companies with global clusters in Southeast Asia, Northeast Asia, America and Europe, and employs over 12,000 people globally.
At Venture, our people are our most valuable asset. We are committed to unifying culture, encouraging innovation, and harnessing the collective strengths and synergies of our human capital to deliver compelling differentiation, advancing Venture’s position as a leading global provider of technology solutions, products and services.
We’re looking to add a **Senior / Analyst (Compensation & Benefits) **in **Singapore**. The position will be based in our corporate office in AMK.
**As a Senior / Analyst (Compensation & Benefits) you will**:
Assist in the management and analytics work of Compensation programs in the Corporate C&B team within Venture group of entities.
As an Analyst / Senior Analyst, the incumbent is to manage end to end transactional and analytical aspects of compensation matters. The major duties as below but not limited to:
- Assist in managing the annual salary review cycle from benchmarking to analysis and creation of salary ranges and structures within the Venture group of entities.
- Participate in survey data analysis or gathering with local HR on annual market survey data submission.
- To partner with local HR in developing compensation solutions to support the people strategies of the Company
- To manage job evaluation and market benchmarking in accordance to company set principles.
- Assist in prepping and providing high quality analytics to management.
- Develop compensation training materials and train/educate HR Business Partners who in turn train the business they support
- To partner with the HR Operations group to develop technology/operational interfaces that support self-service or automation and facilitate ease of access to information.
- Develop data analytics and reporting on C&B analysis for quality decision-making.
- Manage compensation projects.
- Analyze cost containment strategies and growth strategies.
- Reviews proposed salary adjustments for conformance to established guidelines and recommends corrective or alternative actions to resolve compensation-related problems.
- Formulates recommendations regarding development of company salary structure, job revisions and organizational structures. Recommend company salary structure movements and salary increase budgets.
- Ensures company compliance with local legislation governing both compensation and benefits practices.
**What skills and experiences are we looking for?**
- Bachelor’s Degree in HR, Finance, Business or related disciplines
- 5 to 8 years’ relevant C&B experience from MNC or high-tech manufacturing industry.
- CCP / GRP is preferred.
- Excellent data analytics skills in MS Excel is a requisite; Power BI and design thinking is a plus
- Strong analytical and problem-solving skills and proven ability to exercise independent judgment and work independently.
- Strong interpersonal, organization and communication skills.
- Positive, can-do, mature attitude. Hands-on and able to work under tight deadlines and challenging environments.
- Good knowledge of C&B principles and concepts.
- Familiar with Asian compensation and benefits laws and regulations, experience in managing Europe and US markets a plus.
- Prior experience in a medium to large matrix organization, and managing stakeholders from different cultural backgrounds is a distinct advantage.
- Strong aptitude for statistical analysis and management reports.
**If you embody the spirit of excellence, passion for discovery, innovation and enterprise, and the desire to make a difference in the world of technology and electronics, come join the Venture team**
**Be Part of the Global Venture Family.
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Ang Mo Kio, Singapore Venture Corporation Limited Full time**Job Summary** The incumbent will be an integral member of the Corporate C&B team who will support in the management and analytics work of C&B programs within Venture group of entities globally. **Responsibilities**: As part of the team, the incumbent is to support end to end transactional and analytical aspects of full spectrum of C&B matters. The major...
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