Manager, Performance and Rewards Strategy

Overview

This role is responsible for developing the performance management strategy and total rewards philosophy to attract and retain talent. Additionally, this role involves establishing a performance management framework and a total rewards philosophy for the organisation. It includes managing performance review cycles, planning compensation and benefits policies, and enhancing the employee value proposition.

Responsibilities :

A) Performance Management

• Lead the development of performance management philosophies and frameworks for all employee groups as directed.
• Engage with business leaders to clarify business strategy and co-develop key performance indicators (KPIs) for senior leaders.
• Manage the annual performance management process / cycle, including progress monitoring of annual performance planning, the mid-year review and annual review.
• Provide training to managers on effective performance management techniques.
• Conduct calibration sessions where managers discuss and align their assessments to minimise bias and achieve a more objective evaluation.
• Consult and work with Industrial Relations or Employee Relations specialists to resolve any performance review grievances.
• Work together with Strategic Planning to cascade divisional KPI and track the progress of KPI.
• Be the point person for CGC e-PMS module rollout, enhancement, and maintenance.
• Align the organisation's rewards management policies and practices with organisational needs.
• Conduct market research to continuously track prevailing pay rates and benchmark compensation and benefits against industry standards.
• Develop and implement competitive rewards programs for attracting and retaining talent.
• Monitor and evaluate the effectiveness of the organisation's rewards programs for compensation and benefits decision-making.
• Lead the job matching process to ensure alignment of job matching and competitive compensation for all levels.
• Manage the organisation’s increments and bonus exercise, including the rewards technology system and any releases, enhancements, or improvements.
• Ensure that compensation practices follow Bank Negara Malaysia (BNM), Malaysian Acts and international legislations (pay equity, human rights, etc.).
• Provide clear and consistent communication to employees regarding the organisation's rewards programs.
• Establish and maintain relationships with Rewards representatives from leading companies and industry experts.
• Be familiar with the relevant compensation and benefits policies and regulations in Malaysia.
• Review and update performance and rewards policies regularly to ensure accuracy, compliance, and efficiency of the relevant processes.
• Conduct thorough research and feasibility studies before initiating HR projects or initiatives related to performance and rewards.

D) Others

Requirements :

Seniority level

Employment type

Job function

Industries

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