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Airbus

Compensation & Benefits Specialist

Posted 20 Days Ago
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In-Office
Singapore, SGP
Mid level
In-Office
Singapore, SGP
Mid level
The Compensation & Benefits Specialist supports compensation policies, manages employee benefits, and ensures compliance with local regulations. Responsibilities include job evaluation, salary benchmarking, policy updates, and vendor management, along with providing training and mentorship to HR peers.
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Job Description:

Job Objectives

  • This role will support the Regional Compensation & Benefits Manager with the compensation and benefits related topics in Singapore, the headquarters of the region. The scope also comprises of project management on various topics, eg. HRMS (Payroll), large scale job evaluation projects, etc. 

Job Responsibilities

Compensation & Benefits Operations

  • Supports the review and implementation of Reward policies (e.g. insurance, compensation & benefits campaigns, job evaluation, etc) across all Airbus entities.  
  • Have a continuous mindset for progression, simplification and harmonization on Compensation & Benefits (C&B) topics. 
  • Kept abreast and is knowledgeable to apply such updates of relevant government bodies and legislations such as Central Provision Fund (CPF), Inland Revenue Authority of Singapore (IRAS) and Ministry of Manpower (MOM) etc. to the Company. 
  • Supports in the management of any ad hoc, compensation & benefits related campaigns. 
  • Contributes to a full range of C&B and shared services topics; but not limited to job evaluation, salary benchmarking.   
  • Subject matter expert for C&B topics with internal customers (HRs) and external third parties (insurance provider & broker etc.)
  • Supports to update HR related policies (e.g. Handbook, C&B policy, etc) concerning C&B to reflect current, accurate and compliant content with local regulations, Ethics & Compliance policy and Airbus Values.
  • To be adept to the Company’s HRMS system in particular to the Rewards modules, i.e. payroll, attendance, leave and personnel.
  • Provide technical training and mentorship to other HR peers in the country.
  • Supports HRBP to respond to employee inquiries on Singapore compensation and benefit enquiries.
  • Other duties reasonably determined from time to time by the Company.
  • Needs to have the adaptability to work with changing strategies, initiatives, and projects directed by Group and Regional Rewards
  • May be required to support projects directed by Group and/or Regional Rewards
  • Represent Airbus at HR external conferences and related networking events.
  • Actively participate to internal company HR networks

Outputs Required

  • Statutory Compliance: 100% accuracy "on-time and error-free" execution of reward topics to be aligned with local regulation.
  • Salary Structures & Job Grading: Developing and maintaining internal salary bands, job grades, and grading systems.
  • Market Benchmarking Reports: Analyzing salary surveys (e.g., Mercer, WTW) to compare company pay against industry standards.
  • Annual Salary & Bonus Review: Executing the annual increment and performance bonus cycles, including budget simulations and payout calculations.
  • Benefits Administration: Managing employee enrollment for medical, dental, and group insurance plans.
  • Vendor Management: Liaising with insurance brokers for plan renewals, premium negotiations, and service issues.
  • HR Policy Advising: Providing guidance to HR Business Partners on rewards-related issues.
  • Project Management: Implementing new compensation tools, automation projects, or harmonizing policies.
     

Job Requirements

  • Degree and above in any discipline preferably in Human Resources, Business Administration or Economics
  • At least 2 years of working knowledge in Compensation & Benefits (in-house or as consultant), through such topics as: job evaluation and grading, benchmark, understanding of taxes and social contributions, benefits schemes, etc.
  • Good operational experience within fast pace and complex multinational environment
  • Possess excellent interpersonal skills and a strong customer oriented mindset to ensure proper stakeholder management and provide professional HR services to internal customers
  • Strong knowledge of major HR Management Systems (e.g. BIPO, Workday, etc)
  • Highly numeric, analytical mind with sharp attention to detail  and excellent statistical skills. Competent  in managing excel or G-sheets
  • Effective in presentations (ie. verbal and material references)

This job requires an awareness of any potential compliance risks and a commitment to act with integrity, as the foundation for the Company’s success, reputation and sustainable growth.

Company:

Airbus Singapore Private Limited

Employment Type:

Permanent

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Experience Level:

Professional

Job Family:

HR Expertise

By submitting your CV or application you are consenting to Airbus using and storing information about you for monitoring purposes relating to your application or future employment. This information will only be used by Airbus.
Airbus is committed to achieving workforce diversity and creating an inclusive working environment. We welcome all applications irrespective of social and cultural background, age, gender, disability, sexual orientation or religious belief.

Airbus is, and always has been, committed to equal opportunities for all. As such, we will never ask for any type of monetary exchange in the frame of a recruitment process. Any impersonation of Airbus to do so should be reported to [email protected].

At Airbus, we support you to work, connect and collaborate more easily and flexibly. Wherever possible, we foster flexible working arrangements to stimulate innovative thinking.

Airbus Singapore, Singapore, SGP Office

12 Seletar Aerospace Link, Singapore, Singapore, 797553

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