Compensation & Benefits Business Partner APAC

Job Title

Compensation & Benefits Business Partner APAC

Job Description Summary

Job Description

Role Summary

The Compensation & Benefits Business Partner, APAC is an individual contributor with responsibility for supporting the full spectrum of Performance & Reward Programs and delivering effective reward strategies and frameworks across the Asia Pacific region, with a special focus on Singapore & Malaysia markets.

The Compensation & Benefits Business Partner, Asia Pacific is a hands-on strategic role, required to advise, develop and deliver relevant, innovative and consistent performance and total rewards programs, processes and solutions to support the attraction, retention and motivation of an engaged workforce.

The Compensation & Benefits Business Partner will be responsible for developing and leading strategic initiatives which improve the efficiency and effectiveness of Total Reward and Performance frameworks and processes, supporting the enhancement of the Cushman & Wakefield Employee Value Proposition, while also ensuring that the region’s pay and performance practices remain aligned with the Asia Pacific and Global Cushman & Wakefield philosophy and local market strategy. This role will be focused on execution of strategy, key stakeholder management, and working closely with a specialist team of compensation and benefits professionals in the region.

About the role

Performance & Total Reward Programs:
• Develop total reward and performance programs which advance the achievement of the total reward strategy across service line and country, ensuring pay and performance practices meet the changing people needs of the business.
• Able to design compensation structures and develop competitive pay structures and allowances programs which is aligned to the Global Job Architecture framework

• Manage & coordinate the Annual Performance and Compensation Reviews across Asia Pacific
• Provide subject matter expertise, guidance and consulting support in relation to performance and total reward best practices to Business Leaders and HRBPs teams as required;
• Program Planning & Execution: Responsible for end-to-end management and implementation, including ensuring the scope of each C&B initiative is delivered in full and on time. Day-to-day project management including monitoring progress, governance, adhering to agreed ways of working, running stakeholder meetings.
• Stakeholder management: Consult, advise and influence senior executives on performance and total reward strategies and solutions that improve and sustain business success and retention of key talent. Partner and collaborate with senior executive stakeholders, business leaders and HR teams across the organization (both Globally and within the APAC region) to understand their needs, seek buy-in and endorsement of objectives, receive input where required, and keep up to date.
• Drive Reward Effectiveness: Ensure effective employee incentive communications; provide ongoing reward and performance education, including targeted initiatives to improve employee and manager comprehension of variable compensation programs to maximize perceived value. Conduct compensation and benefits studies and analysis to measure the program's effectiveness.

• Specific initiatives this position will require to support: Participate in salary and benefit surveys, analysis of results to calibrate pay bands and to benchmark company’s practices to the market; design and improvement of variable compensation plans (including sales compensation), reviewing and improving policies & processes to support the “workplace of the future”, as well as conducting other modelling and analysis to support M&A activities or strategic hires.

Projects:
• Support ad-hoc project work and provide expertise where necessary.

Key skills

Performance & Total Reward Knowledge:
• Understanding of the full spectrum of Performance & Total Rewards with emphasis in the following areas: compensation strategy, job architecture, benefits structures, pay for performance culture, short-term incentives, executive remuneration, performance management, change management, and strategic partnering.
• Highly developed commercial acumen with strong capability to market and position pay and performance philosophies and practices.
• Understands and keeps pace with market trends and practices in relation to reward plans, practices and
design. Ability to provide insight into the economic climate and related market developments and identify
trends which may present opportunities or reflect gaps in the performance and reward structure.

Strategic thinking:
• Quickly understand business and profitability drivers, formulate strategies and implement solutions in an
appropriate and timely manner.
• Understand strategic priorities and governance requirements to identify opportunities and risks.
• Understand strategic organizational issues.
• Develop and implement HR initiatives in a business-oriented and cost-effective manner.

Project management:

• Accountable for end-to-end project design and delivery in complex, multinational and matrixed organizations.

Leadership:

• Exceptional leadership skills and change management with the ability to motivate others and drive multiple initiatives simultaneously. Previous virtual leadership experience and the ability to effectively manage and build relationships with leaders and team members in geographically dispersed environments. Able to lead and influence change.

Collaboration and communication:
• Strong interpersonal skills – adept at collaborating, influencing, and developing relationships at all levels of the organization, even in demanding situations.
• Ability to operate effectively in a matrix environment while cultivating strong relationships locally, regionally, and globally with many businesses and functional areas.
• Translate back-office complexities into meaningful information for the business.

Personal qualities:
• Ability to work well under pressure, balance multiple priorities, and produce results.
• Proactive approach, commercially focused execution skills.
• Prioritize tasks efficiently, maintain attention to detail, and adapt to change.
• Strong personal integrity and the capability to deal with confidential information.
• Tenacity and patience to deal with ambiguity and change.
• Personal and professional credibility.
• Strong qualitative, analytical, and statistical skills.
• Excellent written, verbal, and listening capabilities, critical thinking, and problem-solving skills.

About You

• 10+ years of relevant Human Resources, Compensation, and/or consulting experience.
• Experienced Compensation & Benefits professional recognized for accomplishments relating to hiring,
retaining, and developing a highly skilled and diverse people culture. Proven experience managing regional initiatives with a track record of growing functional capabilities.
• Bachelor’s degree required, MBA or MS degree in business, finance, or human resources preferred.
• Progressive hands-on experience in compensation and benefits management, including planning,
administering, researching, and designing.
• Hands-on experience translating business requirements into functional solutions. Demonstrated track record of managing large-scale, multinational HR projects, including project solutions, planning, delivery and continuous improvement.
• Strong depth in the Asia Pacific region (especially Singapore & Malaysia markets), leading and working across diverse cultures and business environments. Knowledge of the regional regulatory environment and applicable laws affecting reward plans in related countries.
• Hands-on experience with WorkDay to manage compensation, performance and reward activities, and working with Excel and a variety of payroll platforms.
• A capable and confident communicator and people manager, with strong personal presence. Ability to communicate effectively at all levels of an organization.
• Strong data mining, analytical skills, with a high attention to detail and proficiency in use of excel is required.

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