Compensation and Benefits Manager

Compensation and Benefits Manager

OnePoint HR And Management Consultants
5-10 years
240000 - 300000 AED

Job Description

The ideal HR Compensation & Benefits Manager candidate will partner with the senior leadership team / business leaders and lead the compensation and benefit processes related to the assigned countries.

Key Responsibilities:

Compensation and Benefits

Strategic annual salary review and designing & implementing improvement plan for salary structure & reward schemes that drive biz performance and enhance employee engagement.

Partner with RHQ/HQ HR teams and business leaders to adapt compensation packages to meet changing needs of the business and external talent market.

Advise business on market trends in order to guide, support and facilitate decision making as well as implementation of best market practices.

Compensation & Benefits Benchmarking:

Participate in the annual market salary & benefits surveys and analyze the results.

Conduct market benchmarking analysis and internal peer analysis to ensure external and internal equity. Review benefits and allowances to ensure best market practice is delivered to the bank.

Compensation & Benefits Operations:

Receive, check and validate incentive payment requests provided by the business for approval by the related authorities in the organization.

Review and assist in the designing of new sales incentive plans.

Conduct annual compensation review: prepare proposals (salary, promotion, bonus) and ensure revisions are done as per the current policy.

Assist in the revision and designing of compensation structures and development of new best practice methodologies for the company.

Design compensation packages for all job vacancies / hires and internal transfers.

Qualifications

Min. Bachelor's Degree (Master Degree in Human Resources or relevant course is preferred)

8 -12 year experience in HR functions with minimum 5 year experience as C&B Manager. C&B and Talent acquisition experience.

Good written and verbal communication in English language

Experienced with high-level management decision making

Relationships with People: Persuasive, Socially confident & Caring

Thinking Style : Behavioral, Adaptable, Disciplined

Employment Type
Full-time

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