SKILLS FRAMEWORK FOR HUMAN RESOURCE
TECHNICAL SKILLS & COMPETENCIES (TSC) REFERENCE DOCUMENT
TSC Category
TSC
TSC Description
TSC Proficiency
Description
Knowledge
Abilities
- No more than ten (10)
Abilities items
- Should reflect the
ability to carry out the
Key Tasks
©SkillsFuture Singapore
Effective Date: May 2018, Version 1.1
Workforce Engagement
Compensation Management
Manage the implementation, review and administration of compensation to employees
Level 1 Level 2 Level 3
HRS-HRM-2012-1.1 HRS-HRM-3012-1.1
Process data and Administer compensation to
documentation required for employees
compensation management
• Types of employee • Legislative policies
compensation related to compensation
• Compensation system management
procedures • Features of
• Documentation required compensation systems
for administering • Components of
compensation compensation structure
management • Organisational policies
• Legal and ethical and procedures that
considerations related impact the
to compensation compensation
management management processes
• Privacy and
confidentiality
considerations that
govern all
compensation-related
transactions
• Formulas to calculate
compensation payout
• Impact of compensation
processes on
employees and the
organisation
• Organisational
procedures on reporting
format and templates
• Gather information • Consolidate information
required to perform required to perform
compensation compensation
calculation calculation
• Input data into • Calculate base salary,
compensation systems allowances and other
to support processing components of
and calculating activities compensation in
• Process routine accordance with
Page 1 of 2
Level 4 Level 5 Level 6
HRS-HRM-4012-1.1 HRS-HRM-5012-1.1
Implement compensation Develop compensation
management processes programmes and processes
• Industry codes of • Relationship between
practice related to compensation and
compensation organisational strategies
management • Emerging trends and
• Organisational policies developments impacting
and procedures compensation
impacting compensation management
requirements • Types of financial
• Models and methods for analysis for evaluating
managing compensation
compensation systems management processes
• Market trends and • Models and methods for
developments related to measuring the
compensation effectiveness of
management and compensation
processing processes
• Identify legal and • Review emerging
regulatory requirements compensation
impacting compensation management trends and
management activities processes to
• Align compensation understand current job
management activities market
with legal and regulatory • Develop compensation
requirements structures which reflect
• Engage stakeholders to organisation and labour
 SKILLS FRAMEWORK FOR HUMAN RESOURCE
TECHNICAL SKILLS & COMPETENCIES (TSC) REFERENCE DOCUMENT

compensation and organisational policies obtain approval on market conditions

related administration and procedures compensation • Develop processes and
reports • Reconcile calculations administration procedures which
• Disseminate endorsed with compensation procedures support the
documentation to allocations to ensure • Liaise with compensation
relevant parties accuracy organisational structures
• Review compensation departments to obtain • Engage key
and related compensation stakeholders to gain
administration reports information commitment and
• Implement annual • Verify compensation approval on
review cycles as per calculations and compensation
plan documentation to audit processes and
• Deliver reports in the anomalies procedures
requested formats • Resolve issues related • Align compensation
• Engage authorised to compensation programmes and
parties to obtain policies and procedures practices with
approval for payments • Formulate plans for organisational budgets
• Activate payments in annual reviews • Analyse measurement
accordance with • Develop processes and data and feedback to
organisational policies systems for gathering identify potential
and procedures data and feedback on improvements
• Update records to effectiveness of • Refine compensation
ensure accuracy and compensation programmes, policies
completion of programmes and processes
compensation • Review current
processing compensation
management trends and
practices
• Recommend
improvements to
compensation
management processes

©SkillsFuture Singapore
Effective Date: May 2018, Version 1.1 Page 2 of 2