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Prudentials purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured for our people customers and partners. We provide a platform for our people to do their best work and make an impact to the business and we support our peoples career ambitions. We pledge to make Prudential a place where you can Connect Grow and Succeed.
Roles & Responsibilities:
Total Remuneration Management
Collate data prepare and submit for remuneration survey participation.
Extract market report and analyze data for recommendation / implementation.
Draft recommendation for management approval.
Co-own new initiatives / implementation of newly introduced policies and remuneration and benefit items.
Conduct job evaluations and market surveys to ensure internal equity and external competitiveness.
Provide advice on appropriate market price job grade and compensation package for promotion and salary adjustment.
Payroll & Cash Component Administration Payroll & Cash Component Administration
Regular monitoring on the employee movement
Consistent and accurate deduction
Check and review payroll data (check vendor data vs original source)
Check accurateness and amend discrepancy
Benefit Management
Local Scheme Coordinator (LSC) of PruEmpire :
Update the TDE fund price in Shareworks and PruEmpire website daily and the staff TDE purchased units in Shareworks.
Prepare monthly deduction & contribution report to HR payroll personnel and Finance respectively for salary deduction and purchase of TDE fund.
Provide support to staff on enrolment change of contribution and withdrawal etc.
Local Scheme Coordinator (LSC) of PruEmpire
Draft and send out employee communication for KPI planning mid-term review and year-end review.
Follow up submission of performance result analyze or prepare reports for management action.
Participate in any improvement to the process and system related to performance management.
Conduct training briefing and roadshow to create awareness on performance management and system enhancements.
Liaise with other departments in HR for staff performance improvement initiatives.
Policy & SOP Management and HR Projects & Strategic Initiatives
Prepare draft update for related SOP/manual
Periodic maintenance of the Employee Handbook and an initiative to revisit the relevance of benefits offered.
Perform periodic reconciliation on reward transactions and ensure system data accuracy and conformity to policies and related laws.
Provide HR initiative/project support as and when required such as the strategic workforce planning (SWP) initiative analytics and insights on medical costs and support the superior in designing a sustainable approach to the medical cost containment initiative.
Job Requirements:
Bachelors Degree in HR Business Administration Finance or a related discipline.
Minimum 6 years of working experience with minimum 4 years in Compensation & Benefits and Performance Management.
Proficient in Microsoft Excel and PowerPoint
Familiarity with HRIS compensation tools (e.g. Mercer WIN WTW)
Exposure to data visualization tools like Power BI or Tableau (added advantage)
Prior experience in multinational or matrix organisations is an advantage.
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex race age ethnic origin educational social and cultural background marital status pregnancy and maternity religion or belief disability or part-time / fixed-term work or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
Required Experience:
Manager
Full-Time