Compensation & Benefits, Performance Management, International Mobility, People Analytics, HR Shared Services

Compensation & Benefits, Performance Management, International Mobility, People Analytics,

1)Annual Salary ReviewDevelop salary increment modelling and provide necessary guidelines on the annual salary reviewReview and provide recommendations on businesses reversion for the annual salary review from a bank-wide, business and individual perspective2)Performance Bonus AllocationDevelop performance bonus modelling and provide necessary guidelines on the performance bonusReview and provide recommendations on businesses reversion for the performance bonus allocation from a bank-wide, business and individual perspective 3)Medical Benefits AdministrationMonitor closely the medical accrual against actual expenses. Revise the medical accrual where necessaryWork closely with the vendors or broker and related departments, e.g. Procurement, Finance, to review and renew the medical benefits programs where required Work closely with the vendors or broker to implement relevant wellness programs or communications4)Equity Program AdministrationCalculate the required taxes to be paid by the participants on the equity programsWork closely with Account Payable Units to ensure taxes are promptly processedProvide details to Payroll to ensure complete declaration of taxable income for the equity programs participantsProvide necessary local support, i.e. provide instruction to make dividend payment to the equity programs participants5)Annual Incentive Plans ReviewReview and provide recommendations on the businesses annual incentive plans Obtain the necessary approvals on the implementation of the annual incentive plans6)Market SurveysParticipate, collect and assist in providing data for market surveys on salaries, benefits and employment conditions for C&B planningPrepare, analysis and make recommendations where appropriate to the yearly C&B planning7)Ad-hoc projectInvolve in C&B related projects as required, i.e. salary and grade realignment exercise for the identified business units

1)Competitive Pay Analysis / Pay Benchmarking Conduct market competitiveness study, provide observations and make recommendations for various employee levels (junior to top) 2)Job Evaluation Conduct job evaluation exercise using point factor and career ladder framework3)Grade Structure, Salary Structure and Benefits PackageReview and refine existing grade and salary structure, develop and design new grade, salary structure and benefits package, provide high level implementation guidelines 4)Short Term Incentive Review and design short term incentive plans (performance bonus plans)5)Long Term IncentiveReview and design employee stock option scheme programs6)Performance Management Performance management effectiveness assessments for listed companies7)Compensation and Benefits SurveyExtensive experience in operating and managing compensation and benefits survey for Salary Increment Survey – Asia PacificFinancial Services Industry – Asia PacificGeneral Industry – Asia PacificHi-Tech Industry - Asia Pacific Business Processing Outsourcing (BPO) / Global Shared Services Centers (GSSC) - Malaysia Pharmaceutical Survey - Malaysia. 8)OthersProvide support in data collection for employee engagement study, scholarship scheme design Provide support in developing business driver frameworkProvide support in due diligence exerciseMy project clients are from various industries both in Malaysia and Singapore such as local and foreign financial institutions, contract manufacturing services provider, media and entertainment services, shared services organizations, tele-communication providers, automotive organizations, government-linked-companies and regulatory bodies.

1)C&B Programs and Job EvaluationExecution of compensation programs.Audit and review the benefits' programs and assist in making recommendations. Participate in job evaluation, maintain and manage database for job evaluation and job descriptions for the positions in Malaysia.2)HR Policy & ProceduresWork together with other members of the HR department as and when necessary to formulate and implement other HR policies and procedures.3)Market SurveysParticipate, collect and assist in providing data for market surveys on salaries, benefits and employment conditions for C&B planningPrepare, analysis and make recommendations where appropriate to the yearly C&B planning4)Headcount Planning & BudgetingHeavily involve in the annual headcount budgeting processes and allocation of headcount costs for the whole organization (local and expatriate costs).Work, liaise and coordinate with line managers at each budgeting cycle to clarify their headcount requirements. Manage, update and maintain the headcount tracking to ensure accurate and updated headcount numbers for reporting purposes5)HR Reporting & Year-End AccrualsAssist in preparing various kind of HR reporting (period reports as required by local management, Regional HQ, external parties) and year-end accruals for expatriates’ payroll in ensuring the reports are accurate and updated6)Expatriates TaxationMonitor and work closely with the tax consultants and Finance on expatriates’ taxation matters Submit the remuneration details to the tax consultants promptly for annual tax return preparation. Provide information for registration and cessation of expatriates and assignees 7)Inter-Company RechargesMonitor, review, validate and process inter-company recharges.