Overview:

RMIT is committed to the rights of students and staff to be safe, respected, valued, and treated as an equal in their place of study and work.  All staff are expected to share this commitment and contribute to a safer community. While carrying out their role, staff are in a position of trust with students.  Staff have a duty of care to report wellbeing concerns about students through the designated channels and uphold to the code of conduct. RMIT Vietnam expects all staff members to comply with its Code of Conduct, policies and procedures, which relate to legal and regulatory requirements and our ways of working.

RMIT Vietnam is committed to excellence, innovation, and social responsibility. We welcome applications from qualified and passionate individuals who share our values and vision. RMIT University has a global reputation and ranks 123rd globally. To learn more about our rankings, please check out our latest facts and figures here Reputation and rankings - RMIT University

Rewards and Benefits:

• Competitive salary package and allowances

• Generous annual leave, carer leave and public holidays (Christmas and Tet Holidays)

• Private health insurance and wellness programs

• Professional development and career advancement

• Access to state-of-the-art facilities and resources

• A vibrant and diverse campus life and more!

RMIT Vietnam has been honoured with the respectable HR Asia Award as Top Employer to Work For in Asia. To find out more about RMIT Vietnam and our current vacancies, please visit our website: https://www.rmit.edu.vn/careers

The Total Rewards Specialist will play a crucial role within the People team, focusing exclusively on the University's total rewards strategy from a data and analytics perspective. Total rewards encompass all forms of value provided to employees, including monetary compensation, benefits, performance-based incentives, recognition programs, and development opportunities.

This role is responsible for conducting comprehensive analyses across all components of the total rewards package, including but not limited to base salary, performance-related bonuses, health and welfare benefits, retirement plans, work-life balance programs, and career development initiatives. A key focus of this role will be on analysing and optimising the relationship between performance management systems and reward structures to drive employee engagement and organisational success.

The specialist will use data-driven approaches to ensure RMIT Vietnam's total rewards offerings are competitive, cost-effective, and aligned with both market trends and the University's strategic goals. This includes developing and analysing key performance indicators (KPIs) and metrics that link individual and team performance to compensation and rewards.

Working collaboratively across the organisation, this role will interact closely with various teams and stakeholders, including:

1. HR Business Partners: Providing data-driven insights and recommendations on compensation, benefits, and performance management for their respective client groups.

2. Talent Acquisition team: Offering market insights and compensation benchmarks to support recruitment efforts and ensure competitive offers.

3. Learning and Development team: Collaborating on career development initiatives and their integration into the total rewards package.

4. Finance department: Working on budgeting and forecasting for compensation and benefits expenses.

5. IT department: Partnering on HRIS system enhancements and data management related to total rewards.

6. Senior leadership: Providing analysis and recommendations on total rewards strategies to inform decision-making.

7. Employee representatives: Engaging in discussions about employee needs and preferences regarding total rewards offerings.

The position will work closely with the Senior Manager, Compensation & Benefits and HR Services to provide insights that inform decision-making on matters associated with compensation strategy, benefits design, performance management systems, and talent retention.

This role will leverage strong analytical skills and a deep understanding of total rewards concepts to provide data-backed recommendations and support the development of innovative and effective total rewards programs that attract, motivate, and retain top talent while driving high performance across the organization.

Reports to:  Senior Manager – Compensation & Benefits and HR Services

• Conduct comprehensive market analysis and benchmarking studies across all elements of the total rewards package, including base pay, variable pay, performance-based incentives, benefits, and perquisites

• Perform detailed data analysis on various aspects of total rewards, identifying trends, gaps, and opportunities for optimization, with a particular focus on performance-reward alignment

• Develop and maintain sophisticated data models to support decision-making in total rewards strategy, including compensation structure, performance-based pay systems, benefits design, and recognition programs

• Analyse the effectiveness and ROI of current total rewards programs, including performance management systems, providing recommendations for improvements or new initiatives

• Support the annual performance review and compensation adjustment processes with data-driven insights, ensuring alignment with budget constraints, strategic objectives, and performance outcomes

• Conduct regular analysis of internal pay equity, performance ratings distribution, and external market competitiveness across all employee levels and job families

• Design and implement analytics to measure the correlation between performance ratings, compensation decisions, and key business metrics

• Prepare detailed reports and presentations on total rewards and performance data for senior management and executives, translating complex data into actionable insights

• Collaborate with HR Business Partners to provide data-backed advice on total rewards matters, including job evaluations, performance management practices, and salary recommendations for new hires and promotions

• Assist in the development and implementation of performance-based reward programs, ensuring they drive desired behaviors, outcomes, and overall organizational performance

• Analyse employee utilisation, satisfaction, and effectiveness data for various benefits, recognition programs, and performance management tools, recommending adjustments to maximise value and engagement

• Support the design and analysis of performance management frameworks, including goal-setting processes, performance metrics, and rating scales

• Maintain and update the HRIS system with accurate compensation, benefits, performance, and total rewards data

• Stay current with industry trends and best practices in total rewards and performance management, particularly in the higher education sector and the Vietnamese market

• Contribute to the development of total rewards and performance management communication materials, ensuring clear and effective messaging to employees about their total rewards package and performance expectations

• Support ad-hoc projects related to total rewards and performance management, such as evaluating new incentive structures or analysing the impact of changes to existing performance evaluation systems

• A tertiary qualification in Human Resources, Statistics, or a related field with a strong focus on data analysis

• Proven experience in total rewards analysis and performance management, preferably in a large, complex organisation or consultancy

• Comprehensive knowledge of total rewards concepts, including compensation structures, benefits design, job evaluation methodologies, performance management systems, and performance-based reward structures

• Advanced skills in data analysis and visualisation tools (e.g., Excel, PowerBI, Tableau)

• Experience with HRIS systems and ability to extract and manipulate large datasets related to compensation, benefits, and performance

• Demonstrated ability to translate complex total rewards and performance data into clear, actionable insights for diverse stakeholders

• Excellent attention to detail and high standards of data accuracy and integrity

• Strong written and verbal communication skills, with the ability to present technical information to non-technical audiences

• Ability to work autonomously and manage multiple projects with competing deadlines

• Knowledge of local labor laws and regulations related to compensation, benefits, and performance management in Vietnam is preferred

• Certification in compensation management (e.g., CCP, GRP) or performance management is desirable

English is the language of teaching and communication at RMIT Vietnam. For this role, the minimum requirement is IELTS General with a score of at least 6.5 (or equivalent, as outlined in the Recruitment, Selection and Onboarding Guidelines).

For any role, English Language Proficiency may also be proven by showing successful completion of secondary education to a level qualifying to enter university study while being instructed through the medium of English, as per the RMIT University recognised qualification list.

Applications Close:

6 thg 9 2024 11.59 pm

RMIT University Vietnam (RMIT Vietnam) is a campus of RMIT University. RMIT Vietnam is creating an innovative research, teaching and learning culture. We are committed to providing internationally recognised high-quality education and professional training for our students, clients and members of the community.  As an internationally recognised Australian university based in Asia, RMIT Vietnam is assisting in the development of human resources capability in Vietnam and the region.

https://www.rmit.edu.vn/about-us