Benefits Manager

Roles and responsibilities

• Develop and implement compensation and benefits strategies aligned with organisational goals and objectives.
• Manage and administer employee compensation programs, including salary structures, incentives, and bonuses, salary increment and bonus cycles.
• Oversee the design and administration of employee benefits programs, including health insurance, and other welfare benefits.
• Conduct regular bench marking and analysis of compensation and benefits to ensure competitiveness in the market and ensure salary bands are available for each market in the region.
• Ensure compliance with local, state, and federal regulations governing compensation and benefits programs.
• Collaborate with HR leadership, headquarters to develop policies and procedures related to compensation and benefits administration.
• Provide guidance and support to HR team members and managers on compensation and benefits-related matters.
• Manage the periodic budget cycle.
• Design the monetary and non-monetary framework for the region.
• Review the incentive schemes.
• Lead the development and implementation of global mobility policies and procedures in the region.
• Manage international assignments, including assignment planning, tax compliance, and mobility support services.
• Collaborate with legal and tax advisors to ensure compliance with international regulations and tax laws.
• Partner with stakeholders across departments to facilitate smooth transitions for employees relocating internationally.
• Stay abreast of industry trends and best practices in compensation, benefits, and global mobility
• Design appropriate harmonisation programmes to support post-merger activities
• Proactively seek alternative systems and technologies to support organisational evolution and prepare appropriate proposals to drive continuously toward improvement and optimisation of HR / Reward services
• Contribute to strategic planning, monthly reporting, budgeting and other assigned special projects
  
  

The Successful Applicant

The successful candidate will have/be :

• Master's Degree, preferably in Business Administration or HR
• Minimum 10+ years of relevant HR experience with expertise in C&B and global mobility
• Project management experience is an advantage
• Knowledge of C&B practices in Middle east, India and Africa
• Extensive experience of job evaluation methodologies such as Mercer and their global mobility tools
• Experience from working with remuneration models, bonus schemes, corporate schemes (medical, life, workmen compensation etc.)
• Experience of HR systems and tools
• STI/ LTI experience (design and management) would be a plus

Desired candidate profile

• Program Development: Designing and implementing employee benefits programs, including health insurance, retirement plans, paid time off, and other perks.

• Vendor Management: Collaborating with insurance carriers and third-party administrators to negotiate contracts, manage relationships, and ensure service quality.

• Compliance: Ensuring that all benefits programs comply with federal and state regulations, such as ERISA, ACA, and other relevant laws.

• Communication: Developing and delivering clear communication strategies to educate employees about their benefits options and changes.

• Enrollment and Administration: Managing the enrollment process for benefits programs, ensuring accurate data entry and administration of benefits.

• Data Analysis: Analyzing benefits usage and costs to evaluate program effectiveness and make recommendations for improvements.

• Employee Support: Serving as a resource for employees regarding benefits inquiries, issues, and claims, providing guidance and resolution.

• Budget Management: Developing and managing the budget for employee benefits programs, ensuring cost-effectiveness and alignment with organizational objectives.

• Trends Monitoring: Staying informed about industry trends and best practices in employee benefits to recommend enhancements and innovations.

• Reporting: Preparing reports and presentations for senior management on the status and effectiveness of benefits programs.