Sr Mgr, Compensation & Benefits

Job Description

Job Summary】

This position will be responsible for leading compensation and benefits (C&B) strategies for the Japan market, ensuring alignment with both local regulations and global corporate guidelines. In addition, the individual will directly support the VP, C&B on executive compensation matters within the remit of the relevant Board Compensation Committee. The ideal candidate will possess deep expertise in both broad-based and executive compensation, a thorough understanding of benefits administration, and strong stakeholder management skills.

Responsibilities】

• Compensation & Benefits Administration Design, implement, and manage compensation structures, including base pay, bonus, and benefits programs tailored for the Japan market.Ensure local C&B practices align with corporate policies, regulatory requirements, and market competitiveness.
• Executive Compensation Support Partner with the VP, C&B to prepare and coordinate materials for the Compensation Committee, focusing on executive remuneration frameworks.Conduct market benchmarking, analyze compensation data, and provide recommendations to inform executive pay decisions.
• Stakeholder Management Collaborate closely with HR, Finance, Legal, and Payroll teams to ensure seamless administration of compensation and benefits programs.Develop and maintain strong relationships with external consultants and vendors to maximize service delivery and cost efficiencies.
• Program Management Lead on the coordination of global compensation programmes, including the Company’s annual compensation planning cycle, working alongside C&B colleagues in other regions.Coordinate the determination and monitoring of annual compensation programme budgets, including annual merit increase budgets, and monitoring of annual bonus plan performance against performance targets.Evaluate existing C&B programs for effectiveness, cost efficiency, and alignment with the company’s strategic objectives.Provide recommendations for enhancements, process improvements, and best practices to bolster the overall rewards strategy.
• Leadership & Team Management Lead and mentor a team of C&B specialists, fostering a performance-driven and collaborative culture.Set team objectives, identify development opportunities, and implement strategies to build functional expertise.
• Compliance & Risk Management Monitor and ensure compliance with local labor laws and global corporate governance, working with relevant advisors as needed.
• Communication & Training Develop and deliver comprehensive communications and training materials in both English and Japanese to ensure employee understanding of C&B programs.Act as the subject matter expert for queries regarding compensation frameworks, benefits policies, and executive compensation processes.

Qualifications