Manager, Policy & Rewards Management

About the Role:

Reporting to the VP, Human Capital & Administration Asia Pacific, you are responsible to manage the design and development of company-wide Compensation & Benefits (C&B) strategy, ensuring integration and alignment of C&B strategies with overall company goals and objectives.

This role provides subject matter expertise and strategic direction in company’s rewards philosophy. The job holder is required to oversee, manage and design Compensation & Benefits framework, deliver end-to-end solutions for the organization while ensuring that the robust C&B structure supports the attraction, motivation and retention of Borouge talents.

The job holder is responsible for overseeing the design and development of HC&A policies and the underpinning procedures.

In order to achieve desired level of performance, the job holder needs to possess excellent partnering and consultation skills, demonstrate ability to think strategically, understand business plans and relate those plans to C&B strategy development.

This position is based in Singapore

Key Accountabilities:

C&B Partnering and In-house Consultative Services

• Proactively partner with HR Business Partners and Functional Leaders to provide knowledgeable and seasoned consultative services to evangelize Borouge’s C&B philosophy
• Provide strategic direction and in-depth technical expertise through delivering of end-to-end competitive C&B solutions to support HR strategy of talent attraction, motivation and retention
• Direct the development of strategic compensation mechanisms and salary management principles to support the ‘Pay-for-Performance’ culture and promote such culture through delivery of comprehensive communication plans to ensure clarity and compliance company-wide
  
  

Market Research and Legal Compliance

• Lead analytical research, benchmarking and peer company comparison to ensure company competitiveness in the marketplace
• Monitor and assess legislative developments and government initiatives in order to deviseand structure effective C&B programs / procedures to ensure compliance with all applicableregulations
• Evaluate and manage third party data providers to ensure appropriate use/assessment ofrelevant market data
  
  

Upstream C&B Strategy and Program Development

• Manage the development of C&B initiatives by evaluating current program gaps, redesign, recommend and implement best in class C&B programs and systems that support company business objectives
• Presentation of well formulated points of view with good data support to influence the C&B decision making at Executive Team / HR & Remuneration Committee level
• Co-operate with Abu Dhabi HR team in Job Architecture Framework design and Job Evaluation activities to support the career progression of Borouge employees
  
  

C&B Structural Review

• Manage the development of Asia Pacific country specific Salary Structure in accordance to compensation guidelines and market analysis to support the compensation strategy of external competitiveness and internal equity
• Develop market competitive benefits structure in Asia Pacific countries. Lead the regularly review and/or implementation of new benefits programs with the aim of optimizing cost effectiveness
• Lead the development and proposal of Annual Merit/Market Increase budgets
• Oversee the Annual Merit Increase and Bonus Payout exercise. Lead the development of functional Compensation Analysis Tools to direct HRs and Functional Leader in making sound salary decisions
  
  

Policy & Procedure Management

• Policy Development: Oversee the design and development of HC&A policies and underpinning procedures. Keep abreast of market talent trends, identify policy gaps, propose policy development opportunities with functional owners, ensure HC&A policies are integrated, consistent and harmonised to support HC&A and business strategic directions.
• Internal Consultation: Communicating policy/procedure changes for implementation. Provide advice on interpretation and application of Policies for operational efficiency and effectiveness.
• Legal Compliances: Ensure policies and procedures are compliant with appropriate local legislative requirements.
  
  

About You:

• Bachelor’s Degree in Human Resources or related field. Master’s degree is highly desirable
• Minimum 10 years of progressively responsible C&B experience including the design and development of regional C&B structures
• Experience in managing International Mobiilty programs from market positioning to program design
• Experience working with Compensation Committee of Executive Teams
• In-depth knowledge of Asia Pacific country specific employment law pertaining to Compensation and Benefits
• Possess excellent technical knowledge in job evaluation methodologies utilizing multiple techniques
• Possess knowledge of the market developments, trends and best practices related to C&B fundamentals and its application / implications in respective Asia Pacific market
• Strategic and consultative, able to build relationships & credibility in influencing the Executive Team
• Possess strong business acumen
• Excellent interpersonal skills and customer service orientated
• Ability to effectively present material to all level of audience, including Executive Team and Owners
• Forward thinker with exceptional verbal and written communication skills
• Leadership skills balanced with a willingness to play a ‘hands-on’ role with key projects
• A wide degree of creativity and latitude is expected
• Ability to work to tight deadlines with multiple priorities, and across multiple countries
• Proficient at being a mentor and coach
  
  

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