Total Rewards Lead (FMCG)

Job Description

Company: Bien Hoa Consumer (TTC AgriS Group)

Location: 62 Tran Huy Lieu str, Phu Nhuan Dist, HCMC

Job Description

1/ Policies and Procedures
- Provision of a comprehensive total rewards solution for the organization
- Lead the review of the remuneration strategy, remuneration policy, remuneration systems, and guidelines
- Guide and assist in the development, implementation, and administration of rewards and employee benefits policies

2/ Remuneration
- Serve as a liaison with reward companies on compensation and benefits issues for salary benchmarking purposes
- Conduct market analysis and ensure that all programs (pay structures, benefit plans, etc.) are competitive
- Engage in wider remuneration and benefits communities and participate in industry activities by providing appropriate insights and inputs
- Advise the organization on compliance requirements of reward policies, relevant systems and tools
- Monitor the impact on budget and payroll margins and advise the organization accordingly

4/ Staff appointment analysis
- Provide recommendations on salary offers and promotions in accordance with the organization’s policies to prevent anomalies
- Ensure that the quarterly appointment reports are prepared and analyzed to ensure the effectiveness of our attraction and retention strategy

5/ Annual performance reviews
- Manage the organization’s annual performance process ensuring that contracting and assessments are done periodically
- Lead the promotions cycle processes and provide analysis of the impact of the outcome to ensure efficiency and effectiveness
- Assist in drafting submissions to the organization’s leadership and BoD

6/ Bonus program
- Coordinate the annual bonus process and its implementation

7/ Staff turnover analysis
- Ensure that staff turnover analysis is provided quarterly and the organization is informed of major challenges
- Ensure consolidated turnover reports are submitted annually in preparation for annual increases
- Establish the effectiveness of the organization’s attraction and retention strategy

8/ Benchmarking and survey participation
- Conduct internal and external benchmark studies to ensure that the organization’s salaries, incentives, and retention strategy are competitive and responsive to the market
- Participate in salary, benefits, and relevant industry surveys and provide a proactive review of market pay and benefit position
- Participate in salary and wage movement surveys to determine annual increases and prepare annual budgets
- Ensure understanding of survey processes and interpretation or results in the organization
- Oversee that the job matching exercise is done to ensure the accuracy and relevance of the information provided for benchmarking

9/ Employee Recognition
- Review the recognition statement document periodically to ensure its relevance and alignment with organizational objectives
- Ensure alignment between organization-wide and unit recognition statements
- Facilitate the organization’s wide program biennially
- Prepare presentations to the organization’s leadership for approval

10/ Long-term and short-term incentives
- Review and maintain the awards policy for relevance
- Develop and maintain short-term incentives for the organization

Job Requirement

• Bachelor‘s degree in human resources, business administration, finance, or a related field 

• Minimum 5 years of experience in total rewards within fields of FMCG, retail,... 

• Have experience working with rewards service providers (Mercer, Hay, Willis Towers Watson) 

• Experience in designing and implementing total rewards programs 

• Strong knowledge of local and federal laws related to compensation and benefits 

• Proficient in Microsoft Office and HRIS systems 

• Excellent analytical and problem-solving skills