Assistant C&B Manager

Founded in 1913 in Italy, the Prada Group was built on a tradition of excellence and with a vision of innovation. The Group, a world leader in the luxury sector, operates in more than 45 countries with the PRADA, Miu Miu, Church’s and Car Shoe brands, and has employees of over 100 nationalities.

The acquisition of Pasticceria Marchesi 1824 has marked the Group’s entry into the food sector, applying the same high quality criteria. Very proactive also in the art field, the Prada Group strengthens its presence through contemporary art projects in constant evolution.

Joining our Company means working in a creative and international environment, with teams of people motivated by curiosity and the quest for excellence. The engine of our success is the importance and value that we place on the talent and passion of our people leading to their own professional growth.

JOB PURPOSE         

The incumbent is responsible for managing labor cost budgeting and monitoring, and compensation analysis, program and processes design, to ensure local initiatives and global guidelines are well implemented.

RESPONSIBILITIES      

• Work with local HR to prepare budget and forecast for labor cost and HR related costs
• Administer total labor cost budgeting and forecasting in Masterfile, and prepare HQ review templates (Manpower planning, AW format, labor cost development, Other HR Expenses, etc.)
• Review the budget and forecast proposal and analysis with local National C&B Manager and country HR Director and make revision accordingly
• Work with HQ HR Cost Control department to ensure correct data load of the budget data in Budget system
• Make revisions as needed with business plan changes or top-down instructions, until the budget is finally approved
• Monthly Track and analyze cost actual spending for labor cost and HR related cost, versus business situation in line with local Finance/HQ HR Cost Control department schedule
• Work with National C&B Manager and country HR Director to come up with solution to control overspending, as needed
• Similar Forecast process for budget update during the year
• Generate the employee personal data and salary/benefits/commission data from HR related system and fill in the survey data collection template
• Work with survey vendor consultant to review job matching for data validation as needed and manage salary survey vendors to ensure quality market data is obtained for benchmark
• Support salary and commission/incentive structure design and analysis
• Work with C&B manager in compensation project/program, processes design (i.e. compensation review, bonus scheme, commission plan, etc.), to be in line with group direction and fit for local market prevalence
• Collaborate with retail functions and BPs to initiate, simulate, propose and monitor incentive programs for business needs. Make sure the incentive is well communicated to payroll vendor, to be in line with group direction and fit for local market prevalence
• Ad hoc mini-survey to understand market practice in compensation and benefit areas, e.g. fresh graduate offer, merit increase projection, probation practice, etc
• Coordinate with local HR partners, independently work out China HR scorecard reporting on quarterly basis or ad-hoc needs
• Work out productivity analysis or documents to HR & Business Functions
• Other reports per business needs
• Involve HR Digital Transformation Journey, to be familiar with related HR systems
• Be able to manage employee data entry and advanced reporting through HR related systems in utilizing effectively and comfortably
• Work with Group HR and IT to further enhance the HR systems on data management, reporting and business analysis support
• Ad hoc C&B policy review due to government policy change, company policy enhancement, global policy alignment, etc
• Involve/Support other C&B or HR Operations tasks and projects per needs
• Other projects assigned by manager

KNOWLEDGE AND SKILLS

Education:  University degree or above

Experience:  8 years of C&B experience preferred, especially in Compensation and data analysis professionalism

Special Knowledge:  familiar with HR business data and process, strong excel, good English writing/ reading proficiency

C&B working experience in Fashion Industry is preferable​​​​​​​

Strong logical thinking

Good data analytical skill

Quick learner

Good at Planning, priority setting, organized

Detailed and responsible

Effective Communication skill

Good team player