Compensation and Benefit Specialist

2 weeks ago

Tangerang, Banten, Indonesia ISMAYA GROUP Penuh waktu
To design, develop, and continuesly enhance competitive and equitable Total Rewards schemes, including salary structure, employee benefits, and performance-based incentive schemes. As a senior individual contributor, this position is expected to lead reward-related initiatives, provide data-driven recommendations, proactively engage stakeholders, and ensure compensation practices remain competitive that support talent attraction, retention, employee motivation, and business performance. Job Desc Reward strategy & design
• Develop and propose compensation & benefit frameworks aligned with business requirement.
• Review salary structure, pay positioning, allowances, and benefits across business units.
• Identify opportunities to improve reward competitiveness, internal equity, and cost effectiveness.
• Assess job accountabilities, business contribution, and performance expectations as inputs to reward design Incentive & variable pay scheme design
• Design and propose incentive schemes tailored to different business models and position accountabilties, including outlet operations, culinary, and corporate functions.
• Translate businesss KPIs into measurable incentive criteria, such as revenue achievement, profitability, productivity, service quality, and individual performance.
• Develop incentive eligibility, calculation mechanisms, payout conditions, and governance.
• Evaluate the effectiveness of exisiting schemes and recommend improvements. Market benchmarking & pay competitiveness
• Conduct regular salary and benefits benchmarking, particularly within F&B, hospitaility, lifestyle, and relevant talent markets.
• Analyze external market data, industry practices, and compensation trends.
• Assess internal pay competitiveness and equity across comparable positions.
• Recommend salary ranges and market positioning strategies for critical positions. Reward governance & policy development
• Develop and maintain compensation & benefits policies, guidelines, and reward governance frameworks.
• Review proposed compensation and provide recommendations based on policy, internal equity, and business needs.
• Collaborate with Payroll, HR services, Finance to ensure effective implementation and compliance. JOB REQUIREMENTS Qualifications
• Bachelor's degree in HR, Business Administration, Finance, Economics, or related field.
• At least 3-5 years of relevant experience in Comben, Total Rewards, or Reward Consulting, with demonstrated experience in reward analysis and scheme design.
• Experience in F&B, hospitality, retail, lifestyle, or other multi-site is highly preferred. Technical Skills
• Strong knowledge of salary structures, job grading, market benchmarking, benefits design, incentive schemes, and variable compensation.
• Strong capability in compensation analysis, financial modeling, scenario simulations, and advanced Ms. Excel
• Regulatory knowledge
- of Indonesian employment regulations, minimum wage requirements, THR, BPJS, and other statutory compensation & benefits regulations.
• Ability to understand different business models, operational KPIs, organizational strucures, and position accountabilities. Soft Skills
• Ability to independently engage and influence business leaders, and other management stakeholders.
• Presentation, negotiation and communication skills, with the ability to translate compensation data into practical recommendations.