Compensation and Benefits Manager

2 months ago

Jakarta, Indonesia Mekari (PT. Mid Solusi Nusantara) Full time

**Key Responsibilities**:
**Compensation Strategy Development**
- Design, implement, and manage comprehensive compensation structures, including base salaries, variable pay, commissions, ESOPs, and incentive programs across all employee levels.
- Ensure all compensation schemes align with market trends, internal equity, and company performance goals.
- Benchmark salary data to ensure competitiveness within the SaaS and technology sectors in Indonesia and globally.

**Incentive, Commission, and ESOP Management**
- Create and manage dynamic incentive programs, including sales commissions, bonuses, and other performance based rewards that adapt to business goals.
- Oversee the management and administration of the Employee Stock Ownership Plan (ESOP), ensuring fair and transparent processes.
- Review raw data parameters affecting incentives to ensure that commissions and incentives paid out are accurate and valid.
- Collaborate with department heads to align incentive structures with their teams’ performance targets.
- Ensure that commission, incentive, and ESOP calculations are accurate, timely, and transparent.

**Benefits and Perks**
- Develop and oversee benefits packages, including health, insurance, retirement, and other employee perks.
- Regularly review and enhance benefit offerings to support employee well-being and retention.

**Budgeting and Financial Control**
- Manage and control compensation and benefits budgets on a monthly, quarterly, and annual basis in close collaboration with the finance team and budget holders.
- Track, analyze, and report on compensation spending, ensuring all expenses are within budget and accurately realized.
- Identify cost-saving opportunities while maintaining competitive compensation and benefits offerings.

**Compliance, Governance, and Remuneration Committee Management**
- Ensure all compensation and benefits programs comply with Indonesian labor laws and tax regulations.
- Manage the remuneration committee, working closely with board members to develop and maintain charters and policies related to executive compensation.
- Develop and maintain internal SOPs related to compensation and benefits, ensuring robust control processes are in place.
- Lead change management efforts associated with updates to compensation policies and systems, ensuring smooth transitions and stakeholder alignment.
- Oversee agreement management for compensation-related contracts and ensure alignment with legal and regulatory standards.
- Work closely with the legal and finance teams to ensure policies align with corporate governance standards.
- Manage any risks associated with compensation structures and employee relations.

**Reporting and Analytics**
- Develop regular reports and dashboards on compensation, benefits costs, ESOP, and employee performance outcomes.
- Use data analytics to provide insights and recommendations on compensation adjustments and new incentive models.
- Monitor industry trends and provide reports to senior management on best practices in compensation and benefits.

**Employee Communication and Support**
- Ensure clear and transparent communication with employees regarding compensation policies, benefits programs, ESOP, and changes.
- Provide guidance and support to HR business partners, managers, and employees on compensation-related issues.

**Qualifications**:

- Bachelor’s degree in Human Resources, Finance, Business Administration, or related field.
- 5+ years of experience in compensation and benefits management, preferably in a fast-paced, dynamic SaaS or technology company.
- Strong understanding of variable compensation models, including commissions, ESOP, and performance bonuses.
- Proven ability to manage budgets and control compensation costs effectively.
- Excellent knowledge of Indonesian labor laws and compensation regulations.
- Strong analytical skills with proficiency in compensation software and HRIS systems.
- Experience managing or supporting remuneration committees and charters is a plus.
- Experience with agreement management related to compensation and benefits is preferred.
- Ability to manage multiple projects and thrive in a fast-growing, dynamic environment.
- Strong communication and interpersonal skills, with the ability to influence and collaborate with senior leadership.

**Working arrangement: Hybrid.**
**Office locations: Mid Plaza, Jakarta, Indonesia.

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