Compensation Specialist
il y a 1 semaine
The Compensation Analyst will play a key role in supporting the development, implementation, and management of Hyatt's regional and sub-regional compensation programs, total rewards initiatives, and applicable policies. This position will involve preparing senior hotel compensation and hub packages, analyzing market trends, internal salary structures, and employee compensation data to ensure competitive and equitable pay practices for the Asia Pacific region.
Key Responsibilities- Develop and present compensation packages for GMs and ASPAC office associates, conducting cost analytics taking into account individual performance, market data, and company policies.
- Conduct market research and salary surveys to assess competitive compensation rates.
- Benchmark company compensation practices against industry standards and competitor data.
- Analyze compensation data to ensure alignment with market trends and company goals.
- Assist in the design and implementation of salary structures, pay grades, and job leveling frameworks.
- Review and update salary ranges and compensation policies based on analysis and market data.
- Process and analyze compensation data for merit increases, promotions, and adjustments.
- Ensure compliance with internal policies, external regulations, and legal requirements.
- Assist in conducting audits and cleansing of HR data in current HRIS to ensure accuracy, completeness, and compliance with company policies and legal requirements.
- Migrate HR data from the PeopleSoft system into the new Oracle system.
- Develop and maintain compensation reports, dashboards, and metrics to track and analyze compensation trends.
- Prepare detailed compensation analysis reports for senior management and other stakeholders.
- Conduct job evaluations to determine the relative worth of positions within the organization.
- Provide guidance and support to HR and management on compensation-related matters.
- Monitor changes in labor laws and regulations to ensure compensation practices remain compliant.
- Stay current on best practices and emerging trends in compensation management.
Experience:
- 2-4 years of experience in compensation analysis or a related HR role.
- Demonstrated experience with compensation software and data analysis tools.
Education:
- Bachelor's degree in Finance, Human Resources, Business Administration, or a related field.
- A master's degree or relevant certification (e.g., Certified Compensation Professional (CCP)) or CPA (Chartered Public Accountant) is a plus.
Computer Skills Needed to Perform this Job:
- Strong analytical and quantitative skills with the ability to interpret complex data.
- Proficiency in Microsoft Excel and experience with compensation management systems.
- Excellent communication and interpersonal skills, with the ability to convey complex information clearly.
- Knowledge of compensation practices, market trends, and employment laws.
- Proficiency in PowerPoint, MS Forms, etc. for survey and presentation of data.
Additional Comments and Requirements:
- Detail-oriented with a strong focus on accuracy and data integrity.
- Ability to handle sensitive information with discretion and confidentiality.
- Proactive and able to work independently as well as part of a team.
- Adequate fluency in English and Chinese.
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