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Compensation Manager
full-timeShenzhen, Singapore

Summary

Location

Shenzhen, Singapore

Type

full-time

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About this role


Job Summary:

Responsible for developing, implementing, and administering compensation programs that support regional objectives and ensure competitive market positioning for the Asia Pacific (APAC) region, across 13 countries. This role leads the design and governance of broad‑based, incentive, and specialized compensation plans, provides strategic consultation to HR and business leaders, and ensures compliance with compensation policies, regulations, and best practices within the region.


Principal Responsibilities:

  • Helps to plan and develop compensation programs by evaluating cost and effectiveness of programs
  • Provides analytical and technical support in the design and implementation of the organization's compensation strategy
  • Provides HR and management with ongoing consultation, and develops and designs plans, programs, processes and tools which effectively manage competitive and compliant programs
  • Designs, implements, and administers base pay, incentive and other rewards programs
  • Provides compensation counsel and support to the HR Business Partners (HRBPs) and collaborates with department managers business leaders
  • Reviews proposed salary adjustments for conformance to established guidelines, and recommends corrective or alternative actions to resolve compensation-related problems
  • Recommends organization salary structure movements and salary increase budgets and administers annual compensation programs such as merit cycle
  • Provides guidance, advice, analysis and training of Human Resources departments in connection with compensation policies
  • Works closely with senior leadership to oversee the implementation and communication of compensation policies and programs
  • Provides guidance, advice and training to HR, leaders and team members on compensation plan design, administration and operations
  • Monitors and benchmarks the marketplace to determine organization's competitive position
  • Audits jobs for content and prepares job descriptions reflecting job responsibilities, activities, duties and requirements
  • Prepares special compensation studies and makes recommendations on compensation subjects
  • Ensures adherence to applicable organization policies and practices as well as tax and legal regulations
  • Audits the compensation function for process improvement opportunities and conducts research and internal/external benchmarking studies of best practices
  • Other duties as assigned


Job Level Specifications:

  • Mastery knowledge of industry best practices and disciplines. Considered a subject matter expert within the organization and contributes to the development of new concepts, techniques and standards.
  • Develops solutions to highly complex and uniquely challenging situations. Assignments require extensive evaluation of alternatives and variables. Expected to make improvements to policies and procedures.
  • Works independently toward long-range goals and objectives. Assignments are often self-initiated using independent judgment and discretion. May act as informal team lead and/or coach less experienced team members.
  • Serves as consultant to management and/or internal/external spokesperson for the organization on major initiatives related to policies, plans and long-range objectives.
  • Actions may impact the organization and its reputation. Effects of erroneous decisions may be long-lasting, influence the future course of the organization and/or require the expenditure of extensive additional resources.


Work Experience:

  • Typically 8+ years with bachelor's or equivalent.


Education and Certification(s):

  • Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.


Distinguishing Characteristics:

  • CCP preferred

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.

Other facts

Tech stack
Compensation Programs,Strategic Consultation,Compliance,Analytical Support,Job Evaluation,Salary Structure,Incentive Plans,Market Benchmarking,Policy Development,Training,Process Improvement,Communication,Leadership,Consultation,Technical Support,Research

About Avnet

We are Farnell Global. The fast and reliable distributor of products and technology for electronic and industrial system design, maintenance, and repair. From research and design through prototype to production, we are here to help you access the products and services you need 24/7. With more than 80 years of experience, 48 localised websites, and a dedicated team of over 3,300 employees, we provide every component you need to build the technology of tomorrow.

Farnell Global trades as Farnell in Europe, Newark in North America, and element14 throughout Asia Pacific. We also sell direct to consumers through a network of resellers, and our CPC business in the UK.

We have been part of the established global technology distributor, Avnet, since 2016. Today, this relationship allows us to support our customers at every stage of the product life cycle, offering a truly unique distribution model, as well as expertise in end-to-end delivery and product design.

For more information, visit: https://bit.ly/44I8osr

Team size: 1,001-5,000 employees
LinkedIn: Visit
Industry: Appliances, Electrical, and Electronics Manufacturing

What you'll do

  • The Compensation Manager is responsible for developing and administering compensation programs that align with regional objectives and ensure competitive positioning. This role includes providing strategic consultation to HR and business leaders while ensuring compliance with policies and regulations.

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Frequently Asked Questions

What does a Compensation Manager do at Avnet?

As a Compensation Manager at Avnet, you will: the Compensation Manager is responsible for developing and administering compensation programs that align with regional objectives and ensure competitive positioning. This role includes providing strategic consultation to HR and business leaders while ensuring compliance with policies and regulations..

Why join Avnet as a Compensation Manager?

Avnet is a leading Appliances, Electrical, and Electronics Manufacturing company.

Is the Compensation Manager position at Avnet remote?

The Compensation Manager position at Avnet is based in Shenzhen, Guangdong, China and Singapore, Singapore. Contact the company through Clera for specific work arrangement details.

How do I apply for the Compensation Manager position at Avnet?

You can apply for the Compensation Manager position at Avnet directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Avnet on their website.