Compensation and Benefits Manager | Afterschool.my

Compensation and Benefits Manager

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These HR workers develop, implement and administer a company’s rewards and benefits policies, including salaries, bonuses, pensions, life insurance and sometimes medical insurance packages.

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Market Demand

All industries will need a compensation and benefits specialist. As a company or organisation grows, a compensation and benefits specialist would be needed to attract and hold onto the most talented employees. They are crucial as they also determine which people need to be trained to take on more responsibilities.

In Malaysia, human resource specialists are just some of the professionals in high demand as the local economy continues to grow strongly. The financial services and IT sector, specifically in software development, are in need of HR specialists who can help build a strong candidate pool in these niche areas. One of the main hurdles these industries face is retaining locals as they receive better salary packages when working overseas. 

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Education

A bachelor’s degree in human resources management is a typical requirement. A master’s degree in management or human resources is helpful, as is at least five years of experience in the field or in a related area. Those who specialize in this area are paid well.

CLICK HERE TO FIND OUT WHERE TO STUDY HUMAN RESOURCES MANAGEMENT

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