Compensation Manager
บริษัท เดอะคอนซัลแตนท์ จำกัดTotal Reward Manager (90K-100K)
Working near BTS Krung Thonburi
Job Summary:
The Total Reward Manager is responsible for developing and managing the total rewards strategy of the organization. This includes compensation, benefits, work-life initiatives, recognition programs, and any other rewards systems that are in place. The role is key to ensuring that the organization's reward programs are competitive, cost-effective, and aligned with the overall business objectives.
Key Responsibilities:
1. Compensation Management:
o Design, implement, and manage the organization’s compensation strategy, including salary structures, incentive plans, and executive compensation.
o Conduct market research and benchmarking to ensure competitive compensation packages.
o Oversee the annual salary review process, including merit increases, promotions, and bonus distributions.
o Ensure compliance with all relevant compensation regulations and reporting requirements.
2. Benefits Administration:
o Manage the design and administration of employee benefits programs, including health insurance, retirement plans, wellness programs, and other perks.
o Evaluate existing benefits programs and recommend improvements to enhance employee satisfaction and retention.
o Negotiate with vendors and service providers to secure cost-effective benefit options.
o Ensure benefits programs are compliant with legal requirements.
3. Work-Life Balance Initiatives:
o Develop and promote work-life balance programs such as flexible working arrangements, paid time off, and family leave policies.
o Monitor the effectiveness of these programs and recommend changes as necessary.
4. Employee Recognition Programs:
o Design and implement employee recognition programs that reward outstanding performance and contributions to the organization.
o Work with department heads to ensure recognition programs are implemented effectively across the organization.
5. HR Metrics & Analytics:
o Analyze HR metrics related to compensation, benefits, and employee satisfaction to measure the effectiveness of total rewards programs.
o Prepare reports and presentations for senior management on the status and impact of total rewards initiatives.
o Use data-driven insights to make recommendations for adjustments to the total rewards strategy.
6. Compliance and Risk Management:
o Ensure that all total rewards programs comply with local, state, and federal regulations.
o Mitigate risks associated with compensation and benefits programs by staying up-to-date on relevant legal and regulatory changes.
7. Stakeholder Collaboration:
o Work closely with HR, finance, and senior management to align total rewards strategy with business objectives.
o Partner with external consultants and vendors to design and implement reward strategies.
- Provident Fund
- 5-day work week
- Social security
- Health insurance
- Accident Insurance
- Employee's uniform
- Performance/results-based bonus
- Annual bonus