Compensation & Benefits Specialist (SG)

Compensation & Benefits Specialist (SG & KL)

We are looking for a hands-on and detail-oriented Compensation & Benefits Specialist who thrives in a fast-paced environment. This role is ideal for someone who enjoys working with data, managing HR budgets, and supporting compensation and benefits (C&B) operations for a sizeable workforce.

He/she will play a key role in managing annual HR budgeting, increment, and bonus cycles and supporting compensation programs for around 500 employees. The position offers strong development potential with the opportunity to grow into a C&B Manager role over time.

Responsibilities:

• Support the full spectrum of compensation and benefits activities for Singapore and Malaysia, excluding payroll processing.
• Ensure compensation practices comply with internal pay equity standards and local legislation.
• Partner with HR and Finance teams to prepare the annual HR budget, salary review, and bonus cycle.
• Maintain and analyse employee compensation data to ensure internal equity and competitiveness.
• Conduct salary benchmarking and participate in market surveys as needed.
• Prepare reports and analytics for management reviews.
• Administer employee benefits programs and support policy implementation.
• Ensure compliance with local employment regulations and company policies.
• Drive process improvement initiatives to enhance efficiency and data accuracy.
• Partner with HRBPs to conduct pulse surveys and focus group discussions.
• Collaborate with HRBPs to facilitate career growth progression in the organisation.
• Any duties as assigned by head of department that is part of HR business partnering.

Requirement:

• Bachelors Degree in Human Resources or related discipline.
  

• Minimum 3 years of relevant HR experience, preferably with exposure to C&B or HR operations in fast-paced environments (e.g. MNCs or large local enterprises).
• Strong Excel and analytical skills (pivot tables, formulas, charts, data validation).
• Proven track record in managing HR budget exercises, salary increments, and bonus cycles.
• Detail-oriented, proactive, and able to work independently with tight deadlines.
• Good interpersonal skills and the ability to work with multiple stakeholders.
• High integrity and confidentiality when handling employee data.

To apply, please send your cv to talentagent@innergy-consulting.com.

We regret that only shortlisted candidates will be notified. Thank you for your understanding!

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We are looking for an experienced and reliable Compensation & Benefits Specialist for one of our established clients. The candidate will oversee and administer employees compensation and benefits, assess business and employees needs, and propose targeted programs to enhance performance, organizational trust, and employee satisfaction. The ideal candidate should have at least 2-3 years of solid experience in compensation and benefits, HR practices, and compensation cycle management (annual bonus, annual increment, budget exercises).

Responsibilities

• Compensation & Benefits Strategy: Use various methods and data-driven insights to make informed decisions on direct financial, indirect financial, and non-financial compensation.
• Compliance & Policy Management: Ensure all compensation practices align with internal pay equity policies and local regulations. Draft and recommend revisions to company leave policies to maintain compliance with legal requirements.
• Annual Salary & Bonus Review: Oversee the end-to-end annual salary review and bonus process, collaborating with Business Line leaders to ensure proposals align with the approved budget.
• Manpower Budgeting: Lead the annual manpower budget exercise in partnership with Finance, ensuring accurate and timely submissions.
• Market Research & Benchmarking: Participate in salary and labor market surveys to determine prevailing pay rates and benefits. Conduct ongoing research on emerging trends, issues, and best practices.
• Employee Engagement & Insights: Assess employee needs through pulse surveys to understand key motivators and engagement drivers. Analyze medical benefits and insurance trends to develop competitive proposals for annual renewals and forward-looking benefits.
• HRIS & Benefits Administration: Maintain the leave module in the HRIS system and manage the full spectrum of benefits programs, including medical insurance and dental claims.
• Job Evaluation & Classification: Prepare job descriptions, job analyses, and job classifications for internal and external salary benchmarking purposes.
• Reporting & Audits: Conduct periodic audits, prepare ad-hoc data reports, and analyze employment trends such as salary expectations for the upcoming year.
• Communication & Implementation: Deploy effective communication strategies and success metrics for compensation and benefits initiatives.
• Other Responsibilities: Support HR business partnering and undertake any additional duties as assigned by the Head of Department.

Requirement:

• Minimum Bachelor's degree in Business Management, Human Resources Management or equivalent.
• Minimum 2-3 years of solid compensation and benefits experience, supporting different stakeholders in established MNCs or local international companies with at least 500 headcounts
• C&B experience in blue collar workforce will be a huge advantage.
• Proven solid experience in HR practices, compensation cycle management (annual bonus, annual increment, budget exercises).
• Adequate knowledge of current labour law and regulations.
• Knowledge of leading practices and trends in Total Rewards including compensation, benefits, rewards and HR systems.
• Proficient in HRIS system, Microsoft Word, Microsoft Excel, and MS PowerPoint.

Interested candidates, please send your CV to talentagent@innergy-consulting.com.

We regret that only shortlisted candidates will be notified. Thank you for your understanding.