Reward Officer

Job Vacancy | Tuesday, December 3, 2024

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  • Reference Number 240810 Position Level NS 2 Department Budget, People, and Management Systems Department Division Reward, HR and Health Services Division Location Asian Development Bank Headquarters Date Posted Tuesday, December 3, 2024 Closing Date Tuesday, December 31, 2024 11:59 p.m. (2359 Manila Time, 0800 GMT)

    Join Our Mission to Foster Prosperity in Asia

    Are you ready to make a lasting impact on the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.

    Organizational Setting and Reporting Relationship

    The position of Reward Officer is assigned to the Reward, HR and Health Division (BPRS) within the Budget, People, and Management Systems Department (BPMSD). You will be based at our Headquarters in Manila, Philippines.

    You will report to Director, BPRS or designated International Staff and will be part of a small team of compensation experts.

    Your Role

    As a Reward Officer, your role is to ensure the effectiveness of reward and job evaluation policies and programs for International Staff (IS), National Staff (NS), and Administrative Staff (AS) in headquarters (HQ) and the field offices (FOs).

    You will support, coordinate, and aid the development and implementation of policies and implementing procedures of ADB's compensation and benefits programs for staff. This will include formulation of service conditions/employment terms in HQ and in field offices (FO), in a timely, effective and efficient manner. You will also support projects undertaken by the Division including providing technical support as required.

    You will:

    Reward policies

  • Conduct market benchmarking and analysis, presenting reward information to support the salary and benefit review/development of reward programs. Collaborate with third party survey providers and counterparts in other multilateral development banks and international financial institutions as necessary, to conduct market benchmarking.
Contribute to policy proposal papers for BPMSD Management and Board of Directors approval. Coordinate with BPMSD divisions and other departments on implementation procedures for reward policies, ensuring consistency and management exceptions. Carry out periodic reviews of overseas duty station allowances, rental ceilings, and other benefits for international staff assigned at ADB field offices. Coordinate and provide guidance to BPMSD colleagues and staff in all locations on the correct interpretation/implementation of reward policies.

Annual Salary Review process

Supervise the accurate processing and implementation of approved salary changes based on established compensation policies and implementing guidelines.

Job evaluation

Undertake evaluations and slotting of jobs against the ADB's job architecture, based on Hay methodology and maintain a central repository of job information, including evaluated scores and corresponding job descriptions. Support projects related to job evaluation, including the consistent implementation of procedures for internationally and locally sourced jobs.

Others

Ensure maintenance of accurate salaries database for all staff categories. Identify systems/procedural enhancements to ensure efficient maintenance and processing. Ensure accurate and timely updates in the BPMSD website for consistency with ADB's revised policies and procedures. Manage and support the full implementation of the IT system supporting the annual salary review. Coordinate within BPMSD on the update of Administrative Orders, guidelines, and policies. Collaborate with other Departments on ADB's responses to surveys and questionnaires requested by International Financial Institutions (IFIs) and other external parties. Coordinate on inputs to inter-departmental papers and documents such as the Work Program and Budget Framework (WPBF), annual report, etc. Gather and organize data to support the Division's/Office's research effort or to generate new or complex reports. Prepare write-ups and briefing materials, and maintain documents, records, files, and databases to ensure that information for research is updated and accurate. Conduct training on ADB reward policies and procedures, and disseminate related information to relevant stakeholders. Perform other related duties that may be assigned and reflected in the incumbent's workplan

Qualifications

You will need:

Bachelor's degree in Business Administration, Economics, Mathematics, Statistics, Psychology, or related fields preferably with advanced training At least 8 years' relevant work experience In-depth knowledge of reward policies and salary and benefits administration Working experience of Hay methodology Highly skilled in statistical analysis, analytical thinking, and presentation skills Proficiency in standard software for word processing and spreadsheets applications Strong interpersonal skills required in dealing with the diverse expectations and problems arising from a multicultural environment Ability to work collaboratively with teams as a constructive team member Strong planning and organizing skills to handle many tasks with deadlines Excellent oral and written communication skills in English

Please refer to the link for ADB Competency Framework for National Staff level 2.

Benefits

ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.

Paid leave (including parental) Medical and health benefits Life and other insurance plans Staff development Retirement plan

Additional Information

ADB will be rolling out a new job grading structure on 1 January 2025, which may result in a change of the position grade and title with no change in the terms of reference. By proceeding with your application, you acknowledge and accept all changes resulting from the new job grading structure.

About Us

Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.

ADB only hires nationals of its 69 members.

To view ADB Organizational Chart, please click here.

ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.

Visit ADB Careers FAQ for more information.

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