Compensation & Benefits Manager

About the role:
The Compensation & Benefits Manager is responsible for designing, implementing, and managing the company's compensation, payroll, benefits, personal income tax, social insurance, and total rewards programs to ensure:
- Attraction and retention of top talent.
- Market competitiveness.
- Full compliance with Vietnamese laws and regulations.
- Effective support for both local employees and expatriates.
- Provision of data-driven insights and strategic recommendations to Management.
Key Responsibilities
1. Compensation Strategy & Salary Structure
- Design and manage salary structures, salary bands, job grading, and annual salary review processes.
- Conduct compensation benchmarking against relevant market data.
- Propose short-term and long-term incentive programs, including bonus and retention schemes.
- Advise Management on compensation structures and internal equity.
2. Payroll & Tax Administration
- Oversee monthly payroll processing, including salaries, bonuses, allowances, overtime, and deductions.
- Ensure accurate calculation and declaration of Personal Income Tax (PIT), Social Insurance (SI), Health Insurance (HI), and Unemployment Insurance (UI).
- Ensure payroll is processed accurately, on time, and with strict confidentiality.
- Coordinate with the Finance team to reconcile payroll and personnel costs.
3. Benefits Management
- Design and administer employee benefit programs, including health insurance, annual health checks, meal allowances, and other welfare programs.
- Evaluate cost-effectiveness and market competitiveness of benefits programs.
- Liaise with insurance providers and other benefit vendors.
4. Expatriate Compensation & Mobility
- Manage compensation and benefits programs for expatriate employees.
- Advise and administer matters related to Work Permits, Temporary Residence Cards, and expatriate PIT obligations.
- Manage relocation, housing, schooling, and other expatriate allowances.
- Ensure compliance with labor, tax, and foreign exchange regulations.
5. Compliance & Legal Advisory
- Monitor and update regulations related to labor law, social insurance, personal income tax, foreign employee regulations, and foreign exchange control.
- Assess legal risks and recommend compliant solutions.
- Prepare documentation and liaise with government authorities during audits and inspections.
6. HR Systems & Automation
- Manage and optimize HRIS systems, especially MISA AMIS HRM.
- Automate payroll, leave, benefits, and reporting processes.
- Ensure HR data integrity, accuracy, and confidentiality.
7. Budgeting & Analytics
- Prepare annual personnel cost budgets.
- Analyze headcount costs, salary costs, and benefit costs.
- Develop dashboards and management reports.
- Recommend cost optimization initiatives while maintaining competitiveness.
8. Communication & Stakeholder Management
- Clearly communicate and explain compensation and benefits policies to employees and Management.
- Handle sensitive compensation matters with sound judgment and strong persuasion skills.
- Communicate effectively in English with expatriates and senior leadership.