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Senior Manager, Global Rewards

Country:  Singapore
State:  Singapore
Job Function:  Human Resources
Job Posting Date:  17 Dec 2024

ABOUT FRASERS PROPERTY LIMITED
Frasers Property Limited (“Frasers Property” and together with its subsidiaries, the “Frasers Property Group” or the “Group”), is a multinational investor-developer-manager of real estate products and services across the property value chain. The Group is listed on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore.

Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts (“REITs”) and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and is invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.com or follow us on LinkedIn.

Job Summary

The Senior Rewards Manager is responsible for managing the compensation and benefits programs for the organization, which includes data analysis and simulation, market research, designing and implementing competitive salary and benefit programs. The ideal candidate should have at least 5-8 years of rewards experience, preferably with consulting background, be proficient in Excel, and independent in carrying out market research.

Job Description

  • Conduct market analysis: The Rewards Senior Manager will need to conduct market analysis to ensure the group’s compensation and benefits programs are competitive with industry standards. This includes analyzing salary surveys, benchmarking against industry peers, and recommending appropriate salary ranges and benefits packages.
  • Manage the annual bonus and salary review process: The Rewards Senior Manager will be responsible for managing the annual bonus and salary review process, including proposing a bonus matrix, preparing salary increase recommendations, and effect the bonus and salary decisions in employees payroll.
  • Manage the benefits program: The Rewards Senior Manager will be responsible for managing the group’s benefits program, including health insurance, and other employee benefits. This includes negotiating with vendors, monitoring plan performance, and ensuring compliance with legal requirements.
  • Provide guidance and support to HR and management: The Rewards Senior Manager will provide guidance and support to HR and management on all matters related to compensation, benefits, and performance management. This includes providing advice on job offers, promotions, and other HR-related matters.
  • Develop and implement total rewards strategies: The Rewards Senior Manager will be responsible for developing and implementing total rewards strategies aligned with the group’s objectives, culture, and budget. This includes designing and implementing compensation and benefits programs, managing the annual merit review process, and ensuring compliance with legal requirements.

Key Qualification

  • Bachelor's degree in Human Resources, Business Administration, or related field.
  • 5-8 years of experience in total rewards management, preferably with consulting background.

Diversity brings us closer to the communities we serve.

Guided by our Purpose, we are creating, inspiring, and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Property forward. Our values drive everything we do, which are core to creating safe places where everyone belongs, is mutually respected and feels empowered to be authentic at work. Working collaboratively makes us progressively stronger and better as an organisation, which helps our people to thrive each day.

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