HR Compensation and Benefits - Invesment

We are looking for a well experienced Compensation and Benefits Specialist to work on a ahort term project in the UAE.

Designs, implements, and manages salary and compensation programs.

• Conducts benchmarking market and industry trends across the region in terms of salary and benefits.


• Recommends, adjusts and implements new competitive compensation and benefits structure.


• Conducts market analysis of the compensation and benefits within the organization.


• Reviews performance results with across with the current company pay structure.


• Collaborates with the development of job descriptions for various positions / all positions and determines appropriate compensation and benefits structure.


• Responsible to conduct competitive analysis, merit increases and salary pay structure.


• Maintains accurate compensation and benefits processes to support the payroll, benefit administration and benefit communication.


• Coordinates and collaborates with the process and acquisition of the insurance coverage programs.


• Liaises as the representative for all health plan representative and employee benefits.


• Oversees pension and saving plans of the organization.


• Provides professional advice for bonuses, incentives, and salary increase requests.


• Monitors and reviews performance evaluation results and analyzes reports with the current pay structures.


• Prepares and communicate materials regarding the benefits package of all employees.


• Conducts and analyzes surveys to determine appropriate compensation and benefits structure for all employees.


• Identifies and allocates annual increment budget for each department and ensures compliance to allocations.


• Researches ways to offer excellent benefits while maintaining costs for both the organization and the employees


• Develops and disseminates management reports on employee turnover, salary inequity, and various other reports involving compensation and/or classification

Requirements

To be considered for the role, you need to meet the following requirements:

• Bachelor s degree in Human Resources, Business or related field.
• Minimum of 5 years experience in compensation & Benefits field.
• Preferably with regional & Middle East Experience
• Experience in compensation and benefits programs and models.
• Demonstrable experience with job evaluation and job analysis systems
• Knowledgeable of Human Resources processes and procedures.
• Knowledgeable with financial management and has budgeting skills.
• Knowledgeable with the structure of compensation and benefits packages, KPIs, balanced score card, bonuses/incentives and others (particularly for C suite level)
• Familiar and well versed with the Labor Laws of UAE and other Middle East countries.
  

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