{"id":457,"date":"2017-08-16T10:01:51","date_gmt":"2017-08-16T09:01:51","guid":{"rendered":"https:\/\/www.chatworthrowe.co.uk\/?p=457"},"modified":"2017-08-16T10:01:51","modified_gmt":"2017-08-16T09:01:51","slug":"executive-compensation-7-10-yrs-exp-hong-kong","status":"publish","type":"post","link":"https:\/\/www.chatworthrowe.co.uk\/active-assignments\/executive-compensation-7-10-yrs-exp-hong-kong\/","title":{"rendered":"Executive Compensation 7-10 yrs exp &#8211; Hong Kong"},"content":{"rendered":"<p>Our Client is a regional corporate\u00a0heavyweight and a leader in their sector. They need to hire an experienced Executive Compensation professional who will have a background &#8216;in house&#8217; or in consulting who\u00a0may be already working in the region or in UK\/Europe\/US.<\/p>\n<p><strong>Roles and Responsibilities <\/strong><\/p>\n<p><strong><u>Executive Compensation<\/u><\/strong><\/p>\n<ul>\n<li>Manage compensation and benefits programmes and related issues for senior executives, including Group Executive Committee (EXCO), Entity CEOs,\u00a0 Entity CHROs and other Senior Leadership Team members<\/li>\n<li>Develop compensation proposals for new hires, promotions, terminations and other remuneration adjustments for Group EXCO, Entity CEOs, Entity\u00a0 CHROs and other Senior Leadership Team members<\/li>\n<li>Prepare employment contracts or termination agreements<\/li>\n<li>Manage the market benchmarking of the senior executives for the annual Total Compensation Review to ensure roles are competitively priced based on \u00a0 market data and internal positioning<\/li>\n<li>Manage participation in compensation or benefits surveys, and keep business partners informed and aware of the latest developments and trends observed in\u00a0the market<\/li>\n<li>Manage external tax consultants to receive advice on tax related issues for Group EXCO and maintain knowledge of taxation issues that may impact\u00a0\u00a0executive compensation practices<\/li>\n<li>Enhance policies and standards related to executive compensation<\/li>\n<\/ul>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>Group Remuneration Committee <\/u><\/strong><\/p>\n<ul>\n<li>Manage the preparation for meetings, including drafting of Remuneration Committee papers and work closely with external Remuneration Committee\u00a0 advisor provide thought leadership to influence the design of the executive compensation framework, including short- and long-term incentives<\/li>\n<li>Lead preparation of AGM Q&amp;A\u2019s for the Chairman of the Remuneration Committee<\/li>\n<li>Manage the budget and expenses related to Remuneration Committee advisory<\/li>\n<\/ul>\n<p><strong><u>Annual and Interim report &#8211; Directors\u2019 Remuneration Disclosure <\/u><\/strong><\/p>\n<ul>\n<li>Manage the Director\u2019s Representation Form for all Group EXCO members<\/li>\n<li>Manage the compensation disclosure section for interim and annual report with compliance to the regulatory and Hong Kong Stock Exchange (HKSE)\u00a0\u00a0listing requirements<\/li>\n<li>Monitor the regulatory and disclosure requirements with Company Secretarial, Legal and Group Finance on compensation disclosure<\/li>\n<\/ul>\n<p><strong><u>Other responsibilities<\/u><\/strong><\/p>\n<ul>\n<li>Maintains a working knowledge of country tax and legal legislation that may affect reward policies<\/li>\n<li>Participate in ad-hoc P&amp;R or HR projects as and when required<\/li>\n<\/ul>\n<p><strong><u>Non-Financial Measures<\/u><\/strong><\/p>\n<ul>\n<li>Accuracy of data and papers prepared for various P&amp;R programmes<\/li>\n<li>Timely and well-coordinated preparation and execution of Remuneration Committee requirements<\/li>\n<li>Prompt and effective handling of enquiries from HR community and various stakeholders<\/li>\n<li>Effective working relationship with management, department heads, HR Business Partners, Entity P&amp;R community, internal departments and external advisors<\/li>\n<li>Ensure adherence of P&amp;R programmes to policies, procedures and guidelines<\/li>\n<\/ul>\n<p><strong><u>Communication Requirements<\/u><\/strong><\/p>\n<p><strong><u>Internal<\/u><\/strong><\/p>\n<ul>\n<li>Group and Entity P&amp;R Teams: Discussion and sharing on technical reward- related issues and \/ or information request<\/li>\n<li>Business Partners: Facilitate the reward-related conversation with business<\/li>\n<li>Group Finance: Maintain close working relationship in terms of budget and target setting for incentive programmes, cost centre budget preparation and\u00a0 tracking, compensation disclosure requirement and financial \/ accounting\u00a0 standards<\/li>\n<li>Group Legal and Corporate Secretarial: Ensure compliance against relevant regulations governing the executive compensation programmes and\u00a0 employment contracts, as well as the required compensation disclosure of \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 senior executives<\/li>\n<\/ul>\n<p><strong><u>External<\/u><\/strong><\/p>\n<ul>\n<li style=\"text-align: left;\">Effectively manage external vendors on fulfilling our requirement with the best interest to the Company, for example the Remuneration Committee \u00a0 advisor, Remuneration survey vendor and tax consultants.<\/li>\n<\/ul>\n<p>Please contact us to discuss &#8211; rrowe@chatworthrowe.co.uk : 00 44 207 9369555<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our Client is a regional corporate\u00a0heavyweight and a leader in their sector. They need to hire an experienced Executive Compensation professional who will have a background &#8216;in house&#8217; or in consulting who\u00a0may be already working in the region or in UK\/Europe\/US. Roles and Responsibilities Executive Compensation Manage compensation and benefits programmes and related issues for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.chatworthrowe.co.uk\/wp-json\/wp\/v2\/posts\/457"}],"collection":[{"href":"https:\/\/www.chatworthrowe.co.uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chatworthrowe.co.uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chatworthrowe.co.uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chatworthrowe.co.uk\/wp-json\/wp\/v2\/comments?post=457"}],"version-history":[{"count":2,"href":"https:\/\/www.chatworthrowe.co.uk\/wp-json\/wp\/v2\/posts\/457\/revisions"}],"predecessor-version":[{"id":459,"href":"https:\/\/www.chatworthrowe.co.uk\/wp-json\/wp\/v2\/posts\/457\/revisions\/459"}],"wp:attachment":[{"href":"https:\/\/www.chatworthrowe.co.uk\/wp-json\/wp\/v2\/media?parent=457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chatworthrowe.co.uk\/wp-json\/wp\/v2\/categories?post=457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chatworthrowe.co.uk\/wp-json\/wp\/v2\/tags?post=457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}