Compensation Specialist

Job Summary: Reporting to the global head of compensation & benefits in Hong Kong, the Compensation Specialist will be responsible for administering and managing various compensation programs and processes within Johnson Electric. This role requires a strong understanding of Workday Advanced Compensation and experience in handling incentive plans, merit reviews, and compensation compliance. The ideal candidate will provide project-based analysis and advice to local HR teams to address compensation-related issues.

Key Responsibilities:

• Annual Merit Review: Administer Johnson Electric's annual merit review processes, including set up of Workday merit review processes, audit of merit plan alignment, monitoring of in-progress events, production of merit statements, and communication of final results to local payrolls globally.
• Long-Term Incentive Plan: Manage the long-term incentive plan using Computershare services, including entry of grants and vesting events, confirmation of payroll requirements for local entities, communication to plan participants, and reporting for SAFE compliance in China.
• Incentive Plan Administration: Support incentive plan administration by ensuring accuracy of plan assignments and targets, setup of Workday performance scorecards and results as well as bonus plan grids, confirm correct calculation and proration of bonuses and handle earnings overrides; ensure timely delivery of payroll results to local entities.
• Compensation Surveys: Maintain access for local HR teams to compensation surveys and determine salary ranges based on market data in accordance with Company policy, and perform ad-hoc competitive analyses as required.
• Compliance Monitoring: Monitor and audit compensation plan assignments to ensure accuracy of pay calculations and compliance with internal policies.
• Project-Based Analysis: Provide analysis and advice to local HR teams on compensation issues, supporting decision-making and problem-solving.