Lead Compensation & Benefits Analyst, APAC

What you will do

Under general supervision, primary responsibility for designing, planning, and facilitating implementation of Compensation and Benefits solutions so as to address business challenges in a timely, accurate and value add manner. Implement the organization's compensation programs following established standards and policies so these programs are administered effectively and in accordance with the organization's reward strategy. Responsible for job analysis and evaluation, salary administration, analyze compensation surveys and obtain all necessary information to prepare compensation proposal and budgets.

The role collaborates with HR Business Partners, the International & US Compensation Team and relevant Stakeholders to develop and implement comprehensive reward processes and systems in line with the company’s reward philosophy, strategy and policy. This would be a regional role providing support to all 11 countries in Stryker APAC on various compensation and benefits projects

• Conduct market benchmarking, salary surveys, and job evaluations to ensure competitive pay structures.
• Support the design and implementation of salary structures, incentive programs, and merit-based pay adjustments.
• To liaise closely with industry peer groups and assimilate emerging C&B trends and practices so as to explore potential fit with Stryker’s existing and anticipated business / people challenges
• Assist in annual salary review and bonus planning processes, ensuring alignment with company policies and market trends.
• To partner with the country HR in developing C&B solutions to support the people strategies of the Company
• To take up projects across the APAC region so as to drive consistency of practices across the region and facilitate development of common leveraged C&B solutions
• Oversee sales incentive programs, analyzing their effectiveness and ensuring they drive desired business behaviors and outcomes.
• Work with Global Brokers to drive a seamless end to end management of insured benefits across the region
• Provide recommendations for benefits enhancement based on market trends, cost analysis, and employee feedback.
• Ensure compliance with local labor laws and benefits regulations.
• To partner with global Total Rewards team on various regional and global projects around DE&I, Benefits, Pay Equity, Pay Transparency etc
• Develop and maintain compensation and benefits dashboards, providing insights to senior management.
• Work with stakeholders to ensure clear understanding of compensation and benefits programs and ensuring excellence in their delivery
• Provide training and education to HR Business Partners on compensation and benefits strategies, policies, and market trends to enhance their understanding and ability to support employees effectively.
• To partner with the HR Operations group so as to develop technology/operational interfaces that support self service and facilitate ease of access to information and analytics to improve quality of compensation decisions
• Identifies opportunities and implements process improvement.

What you need

• Bachelor's degree in HR, Finance, Business or related discipline.
• 5+ years of work experience in Human Resources required or related field
• Demonstrated excellence in Microsoft Office (Excel, Word & PowerPoint)
• Strong analytical and problem-solving skills
• Ability to work under tight deadlines and in a rapidly changing regulatory and business environment
• Exercise independent judgment
• Strong communication skills                 

Preferred:

• Experience of working in multiple countries and dealing in a diversified cultural setup would be a distinct advantage
• Prior experience in Workday rollout and system proficiency preferred