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Reward Performance Management (Financial Services)

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Reward Performance Management (Financial Services)

  • Location:

    Jakarta

  • Sector:

    Monroe Banking & Finance

  • Job type:

    Permanent

  • Salary:

    Negotiable

  • Contact:

    Irfan R

  • Contact email:

    irfan@monroeconsulting.com

  • Job ref:

    BBBH435351_1704694295

  • Published:

    about 2 months ago

  • Expiry date:

    2024-03-08

  • Client:

    Monroe Consulting Group

Monroe Consulting Group seeks a Reward and Performance Management professional for Financial Services Institutions in Indonesia. This pivotal role involves shaping and executing strategies to attract, motivate, and retain talent. You'll collaborate across departments, designing competitive compensation programs aligned with business objectives and enhancing employee engagement in Jakarta.

Responsibilities:

  • Develop and implement global talent-focused compensation and rewards strategies.
  • Analyze industry benchmarks for compensation, benefits, and incentives.
  • Collaborate with HR, finance, and leadership to align plans with business goals and budgets.
  • Lead annual salary reviews, ensuring fairness and compliance.
  • Advise on compensation matters, job leveling, and incentive plans.
  • Monitor market trends and regulatory changes, ensuring compliance.
  • Manage variable pay programs and maintain compensation systems.
  • Analyze data for insights and improvements.
  • Communicate and educate employees on rewards programs.
  • Lead special compensation projects, ensuring smooth integration.
  • Cultivate relationships with vendors for program effectiveness.
  • Support budgeting by providing compensation insights.
  • Stay updated on industry best practices for program enhancement.


Qualifications:

  • Bachelor's degree in HR, Business Administration, Finance, or related field, preferred someone coming from top-notch university.
  • 8+ years working experience, Prior experience in compensation within Professional Services, Company with big Sales Team ecosystems or HC/HR Reward management consulting.
  • Proficiency in compensation principles, market trends, and regulations.
  • Track record of designing and implementing comprehensive programs.
  • Strong analytical skills and proficiency in HRIS and Excel.
  • Knowledge of employment laws across various regions.
  • Excellent communication and influencing abilities.
  • Strong project management skills and proactive approach to improvement.
  • Integrity in handling sensitive information.
  • Ability to thrive in a dynamic, global environment.
  • Collaborative team player passionate about driving engagement.