Associate Compensation Partner Manager

Traveloka

  • Indonesia
  • Permanent
  • Full-time
  • 29 days ago
It's fun to work in a company where people truly BELIEVE in what they're doing!‎‎Job DescriptionThe Compensation Partner will develop and execute compensation strategies to ensure internal equity, market competitiveness, and alignment with business goals. This role will play a crucial role in developing, implementing, and managing compensation programs to attract, retain, and motivate talent while maintaining compliance with Travelokal policies and external regulations. The ideal candidate requires a strong understanding of compensation principles, excellence analytical skills, and the ability to collaborate effectively with stakeholders.Below are some of the key responsibilities but not limited to:Compensation Strategy and Analysis:Develop and implement compensation plans aligned with the company’s objectives.Conduct regular market research and analysis to ensure competitive pay practicesManage annual salary reviews, promotion adjustment, and bonus calculation ensuring fair and consistent application of compensation policies.Design, and evaluate base pay, variable pay, and equity compensation programs to attract, retain, and motivate talent.Maintain and update Traveloka’s job grading system, ensuring it remains relevant to evolving organizational needsBusiness Partnering:Collaborate with HR Business Partners and department heads to provide guidance on compensation-related queries and issues.Provide guidance and support on compensation matters during the hiring process, promotions, transfers, and restructures, ensuring alignment with company policies and strategies.Compliance and ReportingDevelop and update Compensation related policies/ guidelines to ensure they remain align with the Company’s directionEnsure compliance with local labor laws and regulations across all compensation programs.Prepare and analyze compensation reports, including budgeting, forecasting, accrual, and variance analysisOversee regular external audit on the compensation mattersContinuous ImprovementConduct compensation analytics to identify trends, gaps, and opportunities for improvementStay updated on compensation trends, best practices, and regulatory changesDrive continuous improvement initiatives in compensation processes and tools to enhance efficiency and effectiveness through the use of technology‎Requirements
  • Bachelor’s degree in Human Resources, Business Administration, or a related field
  • Proven experience in compensation management, preferably within a reward consultancy, technology firm, or multinational organization
  • 5+ years of experience in compensation management, with a good understanding of best practices and industry trends
  • Strong analytical skills and ability to interpret complex data sets
  • Proficiency in MS Excel and Google Sheets for data management and analysis
  • Familiarity with market survey and benchmarking analysis
  • Knowledge of relevant labor laws and regulations
  • Strong attention to detail and accuracy in managing compensation data.
  • Excellent self-awareness, communication, and interpersonal skills.
‎If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!

Traveloka