Compensation & Benefits Business Partner, APAC

Job Title

Compensation & Benefits Business Partner, APAC

Job Description 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 regionâ™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.

Job Description

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 companyâ™s practices to the market; design and improvement of variable compensation plans (including sales compensation), reviewing and improving policies & processes to support the âœworkplace  of  the  futureâ,  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:

• Demonstrated business acumen with a proven ability to:

• 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:

• Demonstrated project management capability, with proven experience being 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 â“ 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.

 
Experience

• Provide demonstrated background experience, minimum amount of education required, legally required qualifications or licenses

• 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.

• Bachelorâ™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.

Why join Cushman & Wakefield?

As one of the leading global real estate services firms transforming the way people work, shop and live working at Cushman & Wakefield means you will benefit from;

• Being part of a growing global company;

• Career development and a promote from within culture;

• An organisation committed to Diversity and Inclusion

We're committed to providing work-life balance for our people in an inclusive, rewarding environment. We achieve this by providing a flexible and agile work environment by focusing on technology and autonomy to help our people achieve their career ambitions.

We focus on career progression and foster a promotion from within culture, leveraging global opportunities to ensure we retain our top talent. We encourage continuous learning and development opportunities to develop personal, professional and technical capabilities, and we reward with a comprehensive employee benefits program.

We have a vision of the future, where people simply belong.

That's why we support and celebrate inclusive causes, not just on days of recognition throughout the year, but every day. We embrace diversity across race, colour, religion, sex, national origin, sexual orientation, gender identity or persons with disabilities or protected veteran status.

INCO: âœCushman & Wakefieldâ