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Manager, Compensation and Benefits (European MNC)

Our client is a renowned European MNC and they are looking for a Manager, Compensation and Benefits. This person will lead a team of 3 staff, reporting to the Head of HR. Regional role covering APAC.

Key responsibilities include:

  • Develop and implement the compensation and benefits strategy for the Asia Pacific region. Work with regional management to determine a total rewards philosophy and programs aligned with company goals.
  • Design and manage compensation programs such as base salary, bonuses, long-term incentives, sales commission plans, etc. Conduct regular benchmarking to ensure competitiveness.
  • Oversee the annual salary review and bonus process. Make recommendations on budget allocation and work with HRBPs to determine fair and equitable packages across the region.
  • Manage relationships with benefit brokers and providers. Determine the optimal mix of benefits such as medical, life insurance, retirement plans to offer employees at minimum cost.
  • Overseeing the global mobility for employees transferring to APAC
  • Oversee the payroll maintained / calculated by the C&B team with a headcount of 600
  • Stay up to date with trends, regulations and best practices in compensation and benefits. Monitor changes in policies, government regulations, taxation, etc to assess impact and identify need for modifications.
  • Analyze data on compensation, benefits costs and take necessary actions to optimize spend and value. Prepare regular reports on budget, costs and key metrics for regional and global management.
  • Address queries and handle communication related to compensation, benefits and HR policies. Resolve or escalate issues as needed. Provide advice and recommendations to managers on complex cases.
  • Lead projects to enhance the compensation & benefits approach such as developing career frameworks, improving payroll processes, implementing new HRIS modules, etc.

The successful candidate will possess:

  • Bachelor’s degree in Business, HR or related field.
  • Excellent communicator and fluent in English and Cantonese is required
  • 8-10 years of relevant experience in compensation and benefits, preferably at a regional level
  • Technical knowledge of compensation design, benefit programs and regional regulations
  • Experience with HR metrics, data analysis and reporting
  • Project management skills and ability to handle complex implementations
  • Strong communication abilities with experience advising, negotiating and influencing stakeholders

Interested candidates, please send your CV through Apply Now or to the email address shown in the company overview. For more suitable opportunities in your specialised industry, please visit our website at www.lauriswalton.com.

Job Type: Full Time Permanent
Job Location: Hong Kong

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