Job Description
About the team:
Performance & Incentives (P&I) are powerful tools for furthering the company's strategic goals. A robust Performance & Incentives (P&I) strategy influences the organisation's ability to attract and retain the best talent, while creating a strong alignment of individuals' interests with the organisation's strategic goals. The Performance & Incentives team at ByteDance, therefore, are constantly benchmarking and striving for the best practice & return on investment in developing competitive C&B policies. The Performance & Incentives team works on a lot of interesting problems. Whether it is developing new world-class compensation policies, diving deep into market research, analysing big data and benchmarking. The Performance & Incentives team work on a lot of cool and exciting projects to come up with the best ways to serve our organisation. Given the nature of our work, it also creates huge opportunities for collaboration with departments in and outside of the HR organisation.
Responsibilities:
Programme Design & Strategy
1. Responsible for benefit and leave programme design across the region with a focus on purpose, effectiveness and employee experience, underpinned by market practice, industry trends, regulations and compliance, and the principles of our global benefits philosophy set by the company.
2. Undertake detailed benchmarking exercises, research and analyse market and other relevant data to prepare strong written proposals to support your benefit programme design recommendations in order to obtain buy-in from leadership.
3. Maintain commitment to understanding relevant statutory requirements, legislation updates, relevant labour laws, collective bargaining agreements and Works Council arrangements.
4. Support and contribute to global projects and initiatives with local context in mind.
Vendor & Broker Management
1. Manage annual renewal activity working closely with our broker/consultant to support throughout, owning the relationship with your local broker, confident in leading benefits procurement from negotiating terms to pricing to ensure maximum value and compliance.
2. In time, you will also have the opportunity to lead on market review exercises.
Collaboration & Communication
1. Collaborate effectively and build strong working relationships with internal stakeholders from our HR partners (HR Operations, HR Business Partners) to cross functional teams (Procurement, Legal, Tax, etc.) to ensure the successful delivery of our work plan.
2. Serve as a regional subject matter expert who is comfortable meeting, sharing and discussing proposals, principles and programmes to stakeholders.