Vice President of Compensation and Benefit

Job Description:

• Develop and implement the overall compensation and benefits strategy and programs for the organization.
• Ensure that the compensation and benefits programs align with the company's goals and objectives, as well as industry best practices.
• Oversee the design, implementation, and administration of competitive salary structures, incentive plans, and employee benefit programs.
• Conduct regular market analysis and benchmarking to ensure the organization's compensation and benefits remain competitive and attractive.
• Collaborate with HR leadership and business leaders to review and update job descriptions, job classifications, and salary ranges.
• Lead the annual salary review process, including performance-based salary adjustments and bonus programs.
• Manage the administration of employee benefits programs, including health insurance, retirement plans, and other employee welfare programs.
• Ensure compliance with all legal and regulatory requirements related to compensation and benefits, including relevant labor laws and tax regulations.
• Monitor trends and developments in compensation and benefits practices and recommend adjustments or enhancements to the programs to attract and retain top talent.
• Provide guidance and support to HR teams and business leaders on compensation and benefits matters, including advising on job offers, promotions, and retention strategies.
• Collaborate with external consultants and vendors as needed to ensure the effectiveness and competitiveness of compensation and benefits programs.
• Monitor and analyze compensation and benefits data, prepare reports, and provide insights to senior management.
• Lead and develop a high-performing compensation and benefits team, providing mentorship, guidance, and performance management.
• Manage enhancement projects for HRIS

Requirements:

• Bachelor's degree in Human Resources or a related field.
• Extensive experience in compensation and benefits management
• In-depth knowledge of compensation and benefits practices, trends, and regulations.
• Strong analytical skills and the ability to interpret data and market trends to inform decision-making.
• Excellent understanding of job evaluation methodologies, salary structures, and incentive programs.
• Familiarity with HRIS and other compensation and benefits systems.
• Exceptional communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels.
• Good written skills in English and Chinese

If this job isn't quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer HKD1000 in Apple gift cards for every referred candidate who we place in a role. Terms & Conditions Apply. https://www.ambition.com.hk/refer-a-friend