Compensation & Benefits Manager

Our client is seeking an experienced Compensation & Benefits Manager to oversee regional rewards initiatives across Singapore and Malaysia. The role covers compensation benchmarking, salary reviews, benefits administration, HR analytics and compliance.

Our client is looking for an experienced Compensation & Benefits Manager to support and enhance its regional rewards strategies, with a primary focus on Singapore and Malaysia.

This role will be responsible for developing and administering competitive compensation and benefits programmes that support business objectives, strengthen employee engagement, and attract and retain talent. The successful candidate will work closely with HR teams and business stakeholders to drive data-informed decisions and ensure alignment with market practices and applicable regulations.

Key Responsibilities

Compensation & Rewards

• Support the development, implementation and review of compensation policies, programmes and practices.
• Conduct salary benchmarking, market surveys and compensation analysis to maintain market competitiveness.
• Coordinate annual salary review processes, including merit increases, promotions and market adjustments.
• Conduct job evaluations and provide recommendations on job grading, salary ranges and job classifications.
• Support the administration of incentive schemes, variable bonus plans, retention initiatives and employee recognition programmes.
• Maintain compensation structures, job families and salary frameworks within the HR system.

Benefits Administration

• Manage employee benefits programmes, including medical coverage, insurance, wellness initiatives and leave benefits.
• Liaise with insurance brokers and external service providers on renewals, claims, employee communications and service performance.
• Review existing benefits offerings and recommend improvements while considering cost effectiveness and employee needs.
• Address employee enquiries relating to compensation and benefits matters.

Analytics & Reporting

• Prepare compensation data, reports and analytical models to support annual salary reviews and incentive programmes.
• Analyse compensation trends, pay equity, employee turnover, retention and workforce demographics.
• Develop reports and presentations to support management decisions and regional HR initiatives.

Compliance & Governance

• Ensure compensation and benefits practices comply with relevant employment legislation, regulatory requirements and internal policies.
• Support internal and external audits relating to compensation and benefits processes.
• Maintain accurate records and handle confidential employee information with discretion.

Requirements

• A bachelor's degree in Human Resources, Business Administration, Finance, Accounting or a related discipline.
• At least 8 years of relevant experience in Compensation & Benefits, Total Rewards or a related HR function.
• Must have prior experience managing or supporting Compensation & Benefits programmes across both Singapore and Malaysia markets.
• Strong knowledge of salary benchmarking, job evaluation, compensation structures and benefits administration.
• Experience supporting variable bonus schemes, incentive programmes and employee recognition initiatives.
• Strong analytical and numerical skills, with advanced Microsoft Excel proficiency, including pivot tables, lookups and data analysis.
• Experience using HRIS or Human Capital Management systems for data management, reporting and analysis. Familiarity with Oracle Fusion HCM, Workday or SAP would be advantageous.
• Experience with Power BI or similar reporting tools would be an advantage.
• Strong stakeholder management, communication, organisational and project management skills.
• High attention to detail and the ability to manage sensitive information professionally.
• Experience supporting leaders within a manufacturing, engineering or technology-related environment would be advantageous.

Zhan Meng Wong
Direct Line: [6697 7937](tel:6697 7937)
EA License No: 91C2918
Personnel Registration Number: R26160614