United States
Our foundation in family goes back to 1957, when entrepreneur Jay Pritzker purchased the original Hyatt House motel. Pritzker and his brother, Donald, worked to grow the Hyatt brand, powered by their belief in the importance of family and care. As of March 31, 2020, Hyatt is a global hospitality company with 20 premier brands and more than 900 hotel, all-inclusive, and wellness resort properties in over 65 countries across six continents.With more than 127,000 colleagues across 65 countries, we embrace all cultures, races, ethnicities, genders, sexual orientations, ages, abilities, perspectives, and ways of thinking. Our culture is one that empowers every individual to be his or her best, and such authentic connection inspires the way we care for each other and for our guests.Be a part of something bigger. Enjoy life every day. Make a difference in the lives of those around you. Love where you work. Join a company that values respect, integrity, humility, empathy, creativity, and fun. With careers spanning the globe, your perfect opportunity awaits. Discover why Hyatt is consistently ranked one of the world’s best places to work.
Industry : Hotels & Resorts
Department : Other Department
Location : Shanghai, China
Level : Staff Line level
Posted : 18 Dec 2024
Job Role : Other Role
Recruiter : Hyatt Hotels
Job Ref : HOZ83472
Employment Type: Permanent
Job Type :
Validate Through : 2025-01-16
Salary Description: Competetive Salary Offered
Description
Summary
We are seeking a highly motivated and detail-oriented Compensation and Benefits Specialist to join our HR team. The Compensation and Benefits Specialist will report to the Dir of Human Resources, Total Rewards & HR Analytics ASPAC. It will play a key role in supporting the development, implementation, and management of Hyatt's regional and sub-regional compensation programs, total rewards initiatives, and applicable policies. This position will involve preparing senior hotel compensation, analyzing market trends, building internal salary structures, doing data analytics, reviewing and designing benefits plans to ensure competitive and equitable practices for the Asia Pacific region.
Key Responsibilities
Total Rewards Package Proposals & Cost Analytics
- Develop and present compensation packages for hotel GMs, doing cost analytics taking into account individual performance, market data, and company policies. Ensure that all proposals are competitive, fair, and in compliance with local labor laws and regulations.
- Conduct market research and salary surveys to assess competitive compensation rates.
- Benchmark company compensation practices against industry standards and competitor data.
- Assist in the design and implementation of salary structures, pay grades, and job leveling.
- Review and update salary ranges and compensation policies based on analysis and market data
Compensation Administration
- Process and analyze compensation data for merit increases, promotions, and adjustments.
- Ensure compliance with internal policies, external regulations, and legal requirements.
- Assist with China SAFE filing for company stock recipients
Data Cleaning, Reporting and Data Management
- Assist in conducting audits and cleansing of HR data in HRIS to ensure accuracy, completeness, and compliance with company policies and legal requirements.
- Develop and maintain compensation reports, dashboards, and metrics to track and analyze compensation trends.
- Prepare detailed compensation analysis reports for senior management and other stakeholders.
Managing and Optimizing Insurance and Benefits Programs
- Annually review the insurance plan to ensure they remain competitive and meet the needs of our associates.
- Collaborate with insurance brokers to design and implement insurance plans that provide comprehensive coverage while managing costs effectively.
- Regularly review and assess the insurance benefits provided for hotels, ensuring they are in line with industry standards and company policies.
Communication and Advisory
- Provide guidance and support to HR and management on compensation-related matters.
- Communicate compensation policies and programs effectively to employees, addressing any questions or concerns.
Compliance and Legal
- Monitor changes in labor laws and regulations to ensure compensation practices remain compliant.
- Prepare for and support audits related to compensation and benefits.
Qualifications
Experience
• 2-4 years of experience in compensation or data analysis.
• Demonstrated experience with data analysis tools e.g. Pivot Table, Power Pivot, Power BI, Tableau
Education
• Bachelor's degree in Business, Statistics, Computer Science, Finance/Economy, Human Resources, or a related field.
• Relevant certification in compensation, analytics, finance (e.g., Certified Compensation Professional (CCP)) or CPA (Chartered Public Accountant) is a plus.
Skills Needed to Perform this Job
• Adequate fluency in English and Chinese.
• Strong analytical and quantitative skills with the ability to interpret complex data.
• Proficiency in Microsoft Excel (Pivot Table), Powerpoint, MS Form etc.,
• Good communication and interpersonal skills, with the ability to convey complex information clearly.
• Knowledge of Python, RPA programming and application, is a plus.
Additional Comments and Requirements
• Detail-oriented with a strong focus on accuracy and data integrity.
• Ability to handle sensitive information with discretion and confidentiality.
• Proactive and able to work independently as well as part of a team.
Rishi star
Mumbai, India
Awesome hotel !!