**Key Areas of Accountability:** 1. Compensation and Benefits + Analyze compensation policies, government regulations and market rates to develop competitive pay structure/compensation plans + Manage and monitor the compensation aspect of the promotion, pay equity adjustments, merit rating programs and adjustments to the minimum value of a salary range to ensure adherence to established policies + Oversee the administration of the base salary programs for employees to ensure internal and external equity + Plan, develop and design cost effective and competitive reward programs for employees + Identify local market trends, monitor competitiveness, cost implications and recommend innovative and effective programs and solutions + Establish and implement policies and procedures related to Compensation and Benefits and update the same for any significant changes + Analyze and evaluate jobs in order to establish internal relativities + Direct preparation and distribution of written and verbal information to inform employees of compensation and benefits programs and policies + Collaborate with Talent Acquisition and Hiring Manager on salary offer/compensation package for new employees + Provide business leaders with valuable information on C&B studies, analysis and market competitiveness + Prepare annual compensation, benefits and payroll budget + Monitor expenditures vis a vis approved budget + Research on economic predictors such as inflation rate, industry historical salary increases and projected merit budget to aid management in plan/update reviews + Manage the third party service providers (HMO representatives, consultants, etc.) to ensure timely and efficient delivery of services to employees 2. Payroll + Manage the payroll vendor to ensure timely and accurate processing of employee payroll, including sales commissions, incentives, bonuses, etc. + Review payroll register prior to submission to the Finance Director for review + Ensure that all taxes, Social Security contributions, contribution to employee programs, and other deductions are withheld from individual paychecks + Ensure accuracy of government payroll tax reports, including monthly remittance and year end returns + Determine taxability of non-wage payments + Prepare and create standard and ad-hoc reports and reconcile all payroll related general ledger accounts prior to uploading to BPCs + Compute for incentive payouts for non sale (support and marketing) employees + Calculate separation pay and other benefits related programs for terminated employees + Release separation pay check of employees once accountabilities are settled + Recommend changes in methods of procedures to improve efficiency of payroll function + Ensure compliance with corporate audit, relevant tax lays and government regulations 3. HR Database Management + Maintain all payroll related records + Update and maintain 201 file to ensure that all pertinent personnel information are properly captured. + Ensure the confidentiality of all personnel-related records 4. Report Generation + Prepare updated report on employee data to capture new hires and status changes + Prepare headcount report + Ensure timely submission of monthly KPI report to HR/Finance and Business Leaders + Prepare payroll related reports + Prepare government reports on headcount and turnover 5. Others + Act as subject matter expert for technical tax compliance issues, including tax liabilities and benefits of foreign nationals and expatriates assigned to the company + Administer the Employee Stock Purchase Plan + Administer the Clara Abbot Scholarship Fund + Participate in the on-boarding program by orient new hires on payroll and compensation and benefits policies and procedures + Develop, analyze and prepare strategic CI projects and sourcing savings proposals + Identify job processes for streamlining + Participate in various C&B related surveys and ensure the accuracy of data + Participate in various C&B project being initiated by the region **Job Specification** **Knowledge & Experience:** • Knowledge + Compensation and Benefits Process + Principles and Procedures + Labor Law + Government Mandated Benefits + Income Tax Regulations + Executive Orders + Statistics • Skills + Interpersonal + Written Communication + Oral Communication + Networking and Collaboration + Analysis + Critical Thinking + Problem Solving and Judgment + Strategic Thinking + Organization + Project Management + Leadership + Conflict Management + Team Management • Attitude + Customer Orientation + Integrity + Self-Motivated + Organized + Responsible • Experience + Minimum of 7 years managerial experience An Equal Opportunity Employer Abbot welcomes and encourages diversity in our workforce. We provide reasonable accommodation to qualified individuals with disabilities. To request accommodation, please call 224-667-4913 or email corpjat@abbott.com