Competency Details ( Compensation and Benefits )

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Competencies

Jadarat Competencies

Compensation and Benefits

Efficiency Technical Competency

Maintains and applies knowledge of rewards management to develop total rewards philosophy and strategies. Ability to establish, maintain and evaluate compensation and benefits systems to ensure total rewards are competitive in the industry.

Jadarat Code: T77

Level 1

Demonstrates a basic understanding of rewards management. Shows awareness of the importance of having an effective compensation and benefits schemes.

Level 2

Applies specialised knowledge of rewards systems. Demonstrates specialised understanding to participate in job evaluation methods.

Level 3

Utilizes deep expertise in total rewards to oversee and enhance compensation and benefits strategy. Provides recommendations in utilising process, tools and techniques for job evaluation.

Level 4

Leads and provides expertise to establish, review and enhance rewards strategy that aligns with organisation’s objectives. Ensure effectivness of rewards system, taking into consideration the various factors of internal equity and industry competitiveness.

Level 5

Applies subject matter expertise in recommending an effective rewards strategy to achieve organisation’s goals and objectives. Draws from experience to evaluate the rewards strategy for equity and competitiveness. Provides own expertise across the organisation in designing and evaluating the overall rewards system.