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Job Title :
Director - Total Rewards
Job ID :
Category :
Human Resources
Location :
PHQC-Manulife Building, Quezon City PH
Job Type :
Full Time
Posted On :
Job Description :

Are you looking for unlimited opportunities to develop and succeed?  With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations. 

General Accountability:

This position is accountable for the development and maintenance of Total Rewards (TR) policies and programs that allow the Company to attract, reward, motivate and retain high-calibre talent within the Global Resourcing (GR) business units in Asia. Programs and policies will conform to Manulife Corporate Rewards philosophy and allow Asia-wide application but local adaptation.

The position has direct responsibility for Asia-wide programs and acts as a consultant to local HR Partners on country-specific policies.

  • Develop and promulgate a principle-based, pan-Asian TR program that meets the needs of a diverse group of rapidly-expanding GR businesses while adhering to the Corporate TR philosophy and guidelines
  • Develop and maintain formal cash compensation management programs and processes, including, market pricing, job evaluation and fixed remuneration management. Adapt these for local administration, taking into account market, legal, regulatory and cultural specifics.
  • Develop cost-effective employee benefit and retirement plans that meet GR norms and conform to local regulations, while remaining administratively simple.
  • Develop and maintain general and specialized cash incentive plans that meet GR needs. Plans for Corporate officers will be integrated with Company-wide bonus and equity plans.
  • Ensure alignment between performance and compensation.
  • Develop communication programs to introduce, explain and maintain awareness of the TR package provided to staff.
  • Consult on program administration processes with HR Shared Services Team.

  • University degree or equivalent work experience. Degree in Finance, Accounting, Human Resources or math-related field, preferred. Post-graduate degree in a business or finance discipline would be an asset.
  • A minimum of 10 years relevant business experience as a Rewards practitioner in large, progressive organizations. BPO/ITO experience in the financial services would be valuable. Consulting experience would be an asset.
  • A seasoned technical specialist, with expertise in direct compensation, incentive plans, and, group insurance and retirement benefits. Demonstrated ability to develop large-scale and department-specific compensation and incentive programs
  • Knowledge of legal and regulatory regimes, specifically, tax and employment law, compensation and benefits regulation, and how they impact on rewards programs
  • Excellent written and verbal presentation skills and experience presenting to senior executives. The ability to synthesize technical material and policies into easily-understood language
  • Ability to think conceptually and exercise flexibility and judgment in assessing business issues in a continuously changing dynamic environment.
  • Cultural awareness and sensitivity to local customs, practices and ways of doing business
  • Excellent consulting, listening, influencing and negotiating skills. Ability to build relationships, act as a trusted advisor to all levels within the organization, impact and influence the direction of the organization and of individuals.
  • Excellent analytical skills, project management and vendor management experience.
  • Team player who can easily handle shifting priorities.
Position Dimensions (Organizational Impact):
  • Countries – 3
  • Employees – 1,000+
About Manulife 

Manulife Financial Corporation is a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions. We operate as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2016, we had approximately 35,000 employees, 70,000 agents, and thousands of distribution partners, serving more than 22 million customers. At the end of 2016, we had $977 billion (US$728 billion) in assets under management and administration, and in the previous 12 months we made almost $26 billion in payments to our customers. 
Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. 
Manulife is committed to supporting a culture of diversity and accessibility across the organization.   It is our priority to remove barriers to provide equal access to employment.  A Human Resources representative will consult with applicants contacted to participate at any stage of the recruitment process who request an accommodation. Information received regarding the accommodation needs of applicants will be addressed confidentially.  

Human Resources
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