This position will be responsible to develop, implement, maintain and administer compensation and benefits programs, policies, procedures, processes and systems for employees located in China and other Asia countries as needed ensuring locally competitive programs that meet business objectives.
The successful candidate will perform the following duties:
Provide internal consulting services as a subject matter expert on pay, promotions, job design/classification, new position offers and benefit programs in individual, business and regulatory matters. Provide guidance and recommendations to managers and Human Resources Generalists on all compensation and benefits issues. Communicate with, educate and train all levels of management and employees on compensation, classification and benefit matters.
In coordination with C&B process owners develop and monitor local compensation and benefit strategies to maintain market competitive benefit programs. Participate in surveys and analyze information from third party benefit survey providers to identify changes in the market; formulate recommendations for compensation and benefits changes and provide rationale for benefit plan design changes and/or changes to benefit policies and procedures. Coordinate with local agencies and create plan documentation in accordance with legal requirements. Coordinate business and corporate program approvals, providing rationale and business case for recommendations. Establish implementation schedules and coordinate with internal organizations (e.g. HR Service Delivery, Shared Services, Communications, Global Payroll, etc.) to implement changes for local benefit programs. As requested, draft plan documentation (e.g. summary plan description, plan amendments, summaries of material modifications, etc.) in accordance with legal requirements for review by management.
Monitor and analyze legislative and regulatory actions that impact compensation and benefit plans to develop recommendations as appropriate. Interprets local laws regulating compensation and benefit practices.
Review classification and compensation changes and makes recommendations within the classification system, qualifications of employee and company policy and budgetary limitations.
Analyze jobs and reviews job descriptions and specifications and evaluate jobs to establish externally competitive and internally equitable compensation rates.
Participate to local/international project teams with cross-functional representation as needed.
Audit and monitor performance metrics and standards for compensation and benefit programs.
Provide an advocacy role for employees with concerns related to benefit plans and resolve those concerns.
Working with HR Service Delivery document the Statement of Work for vendors. Working with Boeing Global Broker, Supplier Management and HR Service Delivery support benefit contract negotiations; audit vendor/carrier compliance to performance standards; represent the Company position in negotiations regarding benefits contracts, develop performance standards; discuss benefit contract terms, manage RFP process for new vendors/carriers and develop quality improvement plan as necessary.
Research and prepares ad hoc reports, as required, compile benefit data for audits and other legal inquiries, as directed by the Law Department, review and analyze benefit data; respond to general inquiries, audits, document requests; prepare draft response for approval by management and submission to requesting agency.
Boeing is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other characteristics protected by law.
This requisition is for an international, locally hired position. Candidates must be legally authorized to work in the country where the position is located. Benefits and pay are determined at the local level and are not on Boeing US-based payroll.
Bachelor's degree and typically 7-8 or more years' relevant work experience is required
Yes, 10 % of the Time
Human Resources & Admin
China; Boeing (China) Co., Ltd.