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Total Rewards Analyst - GCK

The Coca-Cola Company

  • Location: Shanghai, China - CHN
  • Post Date: 6/10/2019
  • Job Type: FULL TIME
  • Post End Date: July 30 - 2019
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Job ID: R-29647

Job Description Summary

Location(s):

China

City/Cities:

Shanghai

Travel Required:

Relocation Provided:

Job Posting End Date:

July 30, 2019

Shift:

Job Description Summary:

The role of the position is to manage the portion of compensation and benefits administration processes and services including the following:
• Compensation - ensure the yearly Salary and bonus cycle are run smoothly, ensure all compensation activities are undertaken correctly and work with Finance, SBPs and business leaders on headcount planning and employee cost planning;
• Benefits administration - responsible for researching, resolving and responding to benefits queries and escalations from employees, vendors, the HR function, and management.
• Payroll - Partner with Finance/SBPs to complete the Employee Cost Planning process by providing input for headcount and pertinent employee data when required.

Key Roles & Responsibilities

Compensation & Benefits

  • Support the delivery of Compensation-related processes, including merit, annual incentive, LTI and off-cycle reviews for Greater China & Korea Business Unit (China, Hong Kong, Mongolia, Taiwan & Mongolia)

  • Support the implementation of different compensation projects (i.e. market benchmarking) by providing data and implementing adjustments.

  • Perform due diligence in order to identify opportunities or concerns with ongoing plan administration, including monitoring vendor performance against SLAs

  • Preparation of attractive compensation package offers for new hires, promotions, lateral moves conforming to internal and external equity standards

  • Provide detailed, constructive impact analysis of proposed plan and legislative changes from legal, administrative, participant and other resources through in-depth research

  • Monitor changes and development in labour codes/legislation and inform COE accordingly

  • Responsible for successful implementation of annual rewards management cycle (including but not limited to training managers, supporting them on the recommendations, ensuring accurate rewards statements are prepared, off-cycle compensation process and implementation of global and local bonus plans.

  • Administer ongoing benefits programs and provide support to the COE as needed

  • Develop and execute implementation/communication strategies for any plan changes and other benefits initiatives

  • Ensure communication channels (My Coca-Cola, Employee Self Service, Manager Center, HighRoads, SOPs) are kept up-to-date of changes in benefit plans and programs, processes and tools

  • Process any benefits plans purchase orders, follow up and reconciliation

  • Advise customers on HR transactional policies, processes, practices and tools to ensure knowledge transfer and consistent delivery.

  • Respond to questions pertaining to benefit plans and programs from the GBS HR Tier 1, vendors, SBPs and management

  • Manage all Pension work and operate the pension System

  • Manage/update benefit system (Highroads) if needed

  • Partner with and support the C&B COE for local Comp & Benefit programs, production of reward statements, if required

Payroll

  • Partner with GBS Finance to complete the Employee Cost Planning process by providing input for headcount and pertinent employee data as required and when needed

  • Partner with GBS Finance to ensure payroll data extracted from the HR system is accurate to feed monthly payroll process

Operational Excellence (10%)

  • Make recommendations on plan changes based on experience and trends identified through escalations.

  • Identify process improvements and implementation of benefits plan or process changes.

  • Work with the COE to continue to achieve cost efficiencies in compensation and benefits administration through continual review of benefit take-up and performance review and analysis of Vendors.

  • Responsible and lead Group-level implementation of initiatives and program execution relating to compensation and benefits processes.

Market Research & Analysis (10%)

  • Support the implementation of different Compensation projects (i.e. data mining and analytics, market benchmarking) by providing data and implementing adjustments in partnership with the Compensation and Benefits COE.

  • Assist in completion of benefits surveys.

  • Provides accurate and consistent plan interpretation and recommendations for plan changes through in-depth research and knowledgeable consultation and discussion with others.

  • Provides detailed, constructive impact analysis of proposed plan and legislative changes from legal, administrative, participant and other resources through in-depth research.

Vendor Management

  • Serve as a focal point of contact for external compensation and benefits providers or vendors and inform them about KO guidelines.

  • Perform due diligence to identify opportunities or concerns with ongoing plan administration, including monitoring vendor performance against SLA's

What you need to be successful

  • 3-5 years in Compensation and Benefits administration

  • Experience in HR shared services

  • Balances Immediate and Long-Term Priorities - Meets critical objectives while considering the impact of those activities on longer term goals; Translates strategic direction into personal actions/plan

  • Delivers Results - Takes accountability, ensuring productive, efficient execution against priorities; Sets ambitious yet realistic goals and removes obstacles to ensure high quality results

  • Imports and Exports Good Ideas - Shares and adopts ideas in and outside the Company; Leverages insights to inform actions or gain support; Embraces change

  • Develops and Inspires Others - Develops others, improving their skills/capabilities; Provides, seeks and accepts feedback; Supports the diverse contributions of others; Engages others and influences our population.

  • Sets a Winning Example - Demonstrates integrity, including placing Company interests ahead of personal agendas; Makes sound decisions and follows-through on them; Demonstrates passion for the Company and its products. Demonstrates consistency in all decisions

  • Systemic Analytical thinking

Our Growth Culture:

One of the reasons our company continues to thrive after 130+ years is having a company culture that supports and rewards behaviors that lead to growth. Our “Growth Behaviors,” as we call them, are ways of being and working that help to make us successful. Think about how you can bring this to life in your next role at Coca-Cola.

Curious

Keep seeking, never settle.  Staying curious about what is outside, and two steps ahead inspires us to challenge the status quo. Having the courage to look and leap is the way we grow. Because asking “what if?” pushes us to the next level as people and as a company.

Empowered

Make it happen. True empowerment is the result of taking responsibility. This means giving yourself permission to see it, say it and do it, and owning the outcomes. Because we move forward faster when we all take action.

Version 1.0, 2.0, 3.0

Push for progress, not perfection. There are very few overnight successes. Greatness is borne of many little victories (and failures). Share v 1.0, test it, and make it better. Then create the next version. Because the moment we think something is perfect, it will be obsolete.

Inclusive

Include, value and trust each other. We are smart alone but together we are genius. This means being inclusive, giving the benefit of the doubt and being responsible for each other. Because, for our company to thrive for the next 100+ years, smart isn't enough. We need genius.

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