Design Rewards Programs / Solutions

• Support the design and review of the reward programs in close partnership with internal and external experts of various areas such as compensation, benefits, and mobility
• Support various business divisions from rewards perspective in alignment with the overall compensation and benefit philosophy. Provide analysis on plan effectiveness
• Lead regular Retail Compensation and Sales Incentive plans review and propose changes as appropriate
• Conduct regular and insightful analysis on the pay competitiveness against comparable market and industry
• Advise market P&O teams and business managers regarding rewards programs and offer proposals
• Provide analysis and market intelligence supporting union negotiation process / cycles in close partnership with market P&O, employee relations team and business HR
• Support the implementation of competitive benefits and wellness programs with selected vendors and in close partnership with Benefits/Wellness expert

Job Architecture and Job Evaluation

• Conduct job evaluation in close partnership with Comp expert, market P&O and business managers
• Manage job evaluation records and conduct annual review on job grades
• Advise appropriate Job Profiles and benchmark proposal for new and/or evolved positions

Annual Compensation & Benefits Review Process Management

• Manage Annual Compensation Review (ACR) cycles
• Collect and analyze market trends on merit increase and macro economic data in order to prepare merit increase proposal
• Provide rewards related budgetary advice to market P&O and Finance as necessary
• Develop, maintain and execute manager trainings for ACR
• Conduct annual benefits review to ensure competitiveness of benefits provisions
• Participate in annual salary and benefits surveys, manage data submission, analyze results and recommend appropriate market adjustments as necessary

Other Rewards Related Projects

• Manage and partner with service providers to ensure professional and cost effective service delivery
• Keep abreast of emerging market trend and network with industry peers
• Manage other rewards projects as assigned

Key Requirements:

Academic / Professional Qualifications / Language

• University degree or higher, major in HR, Business Administration or related disciplines
• Fluent in spoken and written English
• Fluency in Korean is a plus

Work Experience & Required Competencies

• Minimum 10 years’ experience with specialized expertise in rewards management, preferably in multinational organizations, retail business or companies in innovative industries
• Strong experience leading and implementing rewards projects. Well versed with local employment law
• Working knowledge on designing sales incentive plans and expatriate compensation management is essential
• Good knowledge on job evaluation methodology
• Good interpersonal skills to engage professionally with different levels of stakeholders for close work partnership locally and regionally

Key Interactions / Stakeholders:

• Regional Rewards, P&O Leaders, Market P&O Community
• Market Business Leaders / Market Finance Community
• Consulting Firms, Tax Consultants, Service Providers, Professional Network