Compensation & Benefits Manager

Site Name: Malaysia - Petaling Jaya Posted Date: Feb 13 2023 We are currently looking for Compensation & Benefits Manager to be part of the new People Services Team. This role will be reporting directly to the Compensation & Benefits Service Centre Lead. You will be accountable for the core duties of a Compensation & Benefits Manager driving the reward agenda and providing customer support/relationship building with the assigned markets. Other Key Responsibilities: Recognition Process Leading the annual review of the recognition range for their countries, including managing local engagement via the Country Duty Holder (CDH) Analysis of the recognition activity; working with HR Business Leaders as appropriate Job Evaluation & Job Catalogue Managing job evaluations in supported countries which include ensuring governance and equity of job evaluations by business and country, working with Compensation Managers in other regional hubs as required Participating in the annual job catalogue refresh process, supporting to align the outcomes of the review with roles in-Region (in partnership with the Regional Process Lead and Global Benchmarking Team) Participating in data verification processes specifically relating to the misalignment of job profiles Performance & Reward Process (includes but not limited to the following) APR Budget Setting Make APR budget proposals based on the global principles and supporting data e.g. Finance plan, projected country wage inflation, competitiveness data, turnover etc Agree APR budget proposals with Country Duty Holder and local Finance Feed proposals into the Regional Process Manager who will consolidate the proposals for the Region Performance Management of Performance configuration for all countries within remit Providing support and guidance relating to the management review process APR Process Ensure correct merit plan assignment Guide 'in flight' merit transactions and oversee completion Support managers with questions around making salary decisions and 'data behavior’ Bonus Manage bonus for the aligned group of countries including Validation checks on bonus plans and business alignment (outside of the Manager Data Verification process) Perform validation checks on the bonus calculations coming out of Workday Calculate any bonuses where manual intervention is required e.g. due to unpaid / unbonusable leave periods being captured in local T&A systems Feed all final bonus calcs into the Regional Process Manager for consolidation Equity Reviews Conduct Analysis using standard tools and processes. Partners with HR Business Leaders to ensure the correct application of the methodology and supporting the process Resolution of issues related to the process or technical side of the equity review Records retention of documents related to equity reviews Salary Management Supports leaders with salary decision guidance either based on specific requests via ServiceNOW or as per Workday escalations e.g. as part of the Request Comp Change, Job Change and Ready Recruit processes. All salary management guidance should be provided within global guidance and using global tools Responsible for proactive salary management within the aligned countries – reaching out to groups where competitiveness is concerning, highlighting issues Accountable for records retention process of compensation related documents Market Data Carries out job mapping/matching for benchmarking as per the guidance provided by the Global Benchmarking Team Supports the Global Benchmarking Team to investigate data issues, matching errors or data gaps Validates job family ranges for countries within remit, supported by the Country HR Teams (if applicable) Total Employment Cost Analysis Oversees the analysis of the employment cost and resolves any inconsistencies – working with Payroll, Finance and Tier 1 as applicable Consolidates submissions and multipliers for the countries within remit passing these to the Regional Process Manager for final validation and coordination Manages the Benefits elements of the analysis to refresh the multipliers on an annual basis. International Assignments / Permanent International Relocations (PIRs) Support HR Business Leaders and line managers with the salary proposals for inbound or transferring International Assignees Provides supports for the package calculations for Permanent International Relocations, using global processes and tools Is aware of and will uphold Mobility minimum standards to ensure consistency in approach and management of IAs and PIRs Benefits Benchmarking Supports the Global Benchmarking Team with Benefits survey submissions providing insights and information on top of the data contained in Workday (with support from the applicable Benefits Administration Teams) Supports the Global Benchmarking Team to investigate data issues, matching errors or data gaps Utilises the Benefits benchmarking data provided by the Global Benchmarking Team to validate the competitiveness of Benefits packages within the defined area of responsibility Identifies opportunities to change / update the Benefits offering, including reviewing take-up data to determine whether the Benefit is being used by employees Benefits Vendor Management Management of the relationships with existing vendors including acting as TPO, managing data privacy etc Vendor negotiation, ensuring the best possible coverage / offering for employees at the best rate for GSK GSK ownership of the vendor platform – includes monitoring the performance of the platform, that the data contained within the platform / provided to GSK employees via their representatives is up to date and correct Ensuring vendors deliver against their agreed SLAs and with high levels of quality and customer experience Monitoring of budgets / spends Capability Building Holds expert global process knowledge and knowledge of Benefit packages within the Region which enables the upskilling of colleagues Delivers education / capability building within the countries including for managers and employees as required Governance & Risk Management All the above is underpinned by the Reward Governance Framework (RGF) Must be familiar with, always educate on and apply the RGF Contribution to the local risk management process Why you? We look for people who appreciate the importance of safety and quality and strive to continuously improve our performance and practices. We work in an open and transparent environment so you’ll be someone who treats others with respect and integrity – as you will be treated yourself. Ideally, we are looking for someone with: Bachelor Degree in Business Administration or equivalent 8 – 10 years of experience of diverse Reward experience (ideally gained in a large Corporation or a specialist consulting organization) Experience coordinating efforts across multiple countries with direct exposure to specific regional requirements affecting project deliverables. Experience of managing global processes and / or projects using ADP / equivalent PM tools, evidence of delivery to deadlines/ effective management of multiple activities with conflicting timelines. Significant experience in compensation process delivery gained over multiple, annual process cycles and ongoing operational delivery requirements across multiple countries. Why GSK? GSK is a global biopharma company with a special purpose – to unite science, technology and talent to get ahead of disease together – so we can positively impact the health of billions of people and deliver stronger, more sustainable shareholder returns – as an organisation where people can thrive. Getting ahead means preventing disease as well as treating it, and we aim to impact the health of 2.5 billion people around the world in the next 10 years. Our success absolutely depends on our people. While getting ahead of disease together is about our ambition for patients and shareholders, it’s also about making GSK a place where people can thrive. We want GSK to be a place where people feel inspired, encouraged and challenged to be the best they can be. A place where they can be themselves – feeling welcome, valued and included. Where they can keep growing and look after their wellbeing. So, if you share our ambition, join us at this exciting moment in our journey to get Ahead Together. If you would like to join us in innovating and inspiring changes in the industry, we urge you to apply online.
LI- GSK GSK is a global biopharma company with a special purpose – to unite science, technology and talent to get ahead of disease together – so we can positively impact the health of billions of people and deliver stronger, more sustainable shareholder returns – as an organisation where people can thrive. Getting ahead means preventing disease as well as treating it, and we aim to impact the health of 2.5 billion people around the world in the next 10 years. Our success absolutely depends on our people. While getting ahead of disease together is about our ambition for patients and shareholders, it’s also about making GSK a place where people can thrive. We want GSK to be a place where people feel inspired, encouraged and challenged to be the best they can be. A place where they can be themselves – feeling welcome, valued and included. Where they can keep growing and look after their wellbeing. So, if you share our ambition, join us at this exciting moment in our journey to get Ahead Together. Important notice to Employment businesses/ Agencies GSK does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact GSK's commercial and general procurement/human resources department to obtain prior written authorization before referring any candidates to GSK. The obtaining of prior written authorization is a condition precedent to any agreement (verbal or written) between the employment business/ agency and GSK. In the absence of such written authorization being obtained any actions undertaken by the employment business/agency shall be deemed to have been performed without the consent or contractual agreement of GSK. GSK shall therefore not be liable for any fees arising from such actions or any fees arising from any referrals by employment businesses/agencies in respect of the vacancies posted on this site.