Vice President, Organisation & People (Total Rewards)
Singapore, SG, 238891
Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$389 billion (US$288b, €267b, £228b, RMB2.08t) as at 31 March 2024. Marking our unlisted assets to market would provide S$31 billion of value uplift and bring our mark to market net portfolio value to S$420 billion.
Our Purpose “So Every Generation Prospers” guides us to make a difference for today’s and future generations.
Operating on commercial principles, we seek to deliver sustainable returns over the long term.
We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.
For more information on Temasek, please visit www.temasek.com.sg
For Temasek Review 2024, please visit www.temasekreview.com.sg
For Sustainability Report 2024, please visit www.temasek.com.sg/SR2024
Introduction
Responsibilities
- Be a thought leader who can partner with HR Business Partners and Talent Acquisition to advise and deliver practical solutions to the business on compensation, mobility and benefits practices
- Collaborate with senior leaders and cross-functional teams to align reward strategies with business objectives while ensuring adherence to legal and regulatory requirements related to compensation processes and records
- Creativity in structuring compensation offers including valuing deferred compensation buyouts
- Conduct benchmarking studies and research industry best practices to support the development and enhancement of compensation and benefits strategies
- Drive effective communication and engagement strategies on rewards programs and initiatives.
- Develop and refine the compensation planning worksheets and excel-based simulations to support incentive plan designs
- Stay updated on emerging trends and developments in Total Rewards (including Mobility) and provide strategic recommendations based on market insights
- Build and maintain strong relationships with external vendors, consultants, and industry networks to leverage expertise and stay informed about emerging practices
- Own the incentives reconciliation and financial reporting processes to analyse the financial impact of reward programs and provide recommendations for optimisation
- Work on audit requirements relating to compensation processes and records, ensuring accuracy and compliance
- Lead the development and implementation of any rewards projects, structure and processes
Requirements
- Minimally 12 years of relevant work experience in compensation
- Accounting/Finance/Economics/Statistics or related degree will be an advantage
- Excellent proficiency in Microsoft Excel and Powerpoint. Programming/computing knowledge is an advantage
- Strong communication and interpersonal skills are essential
- Ability to work collaboratively and pivot in a constantly evolving environment
- Self-starter who enjoys working in a fast-paced environment, strong attention to details and high degree of accuracy for both numerical and written work are critical success factors
- Knowledge of financial services industry will be an advantage
