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Head of Rewards (FMCG)

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Head of Rewards (FMCG)

  • Location:

    Indonesia

  • Sector:

    Monroe FMCG

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Ratna S.

  • Contact email:

    ratna@monroeconsulting.com

  • Job ref:

    BBBH429869_1693274903

  • Published:

    25 days ago

  • Expiry date:

    2023-09-28

  • Client:

    Monroe Consulting Group

Executive recruitment consultant Monroe Consulting Group Indonesia is recruiting on behalf of one of the leading Fast Moving Consumer Group Companies in Indonesia. Our respected client is seeking a Rewards professional. The job is based in Indonesia.

Job Responsibilities:

  1. Strategy Development:

    • Collaborate with senior leadership to develop and align rewards strategies with the overall business goals and objectives of the FMCG company.
    • Conduct market research and benchmarking to ensure the company's rewards offerings are competitive and reflective of industry standards.

  2. Compensation and Benefits:

    • Design and manage a competitive compensation structure that includes salary ranges, bonuses, incentives, and benefits packages tailored to attract and retain top talent.
    • Oversee the administration of benefits programs, ensuring they remain relevant, compliant, and attractive to employees.

  3. Performance Management:

    • Develop and implement performance appraisal systems that align with the company's goals, emphasizing a fair and transparent process.
    • Collaborate with HR and business leaders to link rewards to individual and team performance outcomes.

  4. Recognition and Engagement:

    • Create and implement employee recognition programs to acknowledge and reward outstanding performance, fostering a culture of appreciation and engagement.
    • Develop initiatives to enhance employee engagement, job satisfaction, and overall workplace morale.

  5. Data Analysis and Insights:

    • Utilize data-driven insights to analyze the effectiveness of rewards programs and adjust strategies accordingly.
    • Monitor industry trends and emerging practices in rewards and recognition to ensure the company remains competitive in the market.

  6. Communication:

    • Develop clear and compelling communication materials to educate employees about the company's rewards programs, compensation philosophy, and performance expectations.
    • Work closely with the HR and communication teams to ensure consistent and effective messaging.

  7. Compliance and Legal Considerations:

    • Ensure rewards programs are compliant with relevant labor laws and regulations.
    • Partner with legal and compliance teams to manage any potential risks associated with rewards practices.

  8. Team Leadership:

    • Lead and mentor a team of rewards professionals, fostering their growth and development within the organization.
    • Collaborate with cross-functional teams to ensure alignment with HR, finance, and business objectives.

Job Qualifications:

  • Bachelor's degree in Human Resources, Business Administration, or a related field (Master's degree preferred).
  • Extensive experience (typically 8+ years) in compensation, rewards, or HR leadership roles, preferably within the FMCG sector.
  • Strong understanding of compensation trends, benefits administration, and performance management.
  • Excellent data analysis skills and ability to derive actionable insights from HR metrics.
  • Strong communication and presentation skills, with the ability to articulate complex concepts to diverse audiences.
  • Leadership and team management experience, with a track record of developing high-performing teams.
  • Proficiency in HRIS (Human Resources Information Systems) and related software.