Strategic Compensation Manager
2 weeks ago
Job Summary:
We are seeking a highly skilled Strategic Compensation Manager to join our Group Rewards team.
Key Responsibilities:
- Co-manage organization-wide annual pay planning process (salary and bonus) and all steps in the process thereof.
- Responsible for external market compensation benchmarking surveys - participation, analysis, and action planning.
- Research, analyze, and develop competitive market benchmarking for compensation structures for various Business Units using compensation reports and other data sources.
- Responsible for the design and review of Business Unit specific short-term incentives/variable pay.
- Collaborate closely with the HR business partners and recruitment teams to facilitate attraction, motivation, and retention of talent.
- Support staffing activities by conducting job evaluation, competitive benchmarking, and structuring of new hire and promotion offers.
- Analyze internal rewards data and effectiveness of compensation programs.
- Design, develop, and review reward policies, guidelines, and procedures to be consistent with company objectives.
- Co-manage various ongoing Compensation and Benefits automation projects.
- Actively participate in any other ongoing C&B projects from time to time.
- Network with peer organizations to compare reward practices and make recommendations as necessary.
Requirements:
- Bachelor's degree in Business Management/Human Resources or associated field.
- MBA/Master's degree in relevant field will be an added advantage.
- 7 to 10 years of relevant experience in Human Resources, of which at least 2 to 3 years should be in a team lead role handling Compensation, Incentive design, Benefits, Policies, Strategic Workforce Planning in a large and multi-business organization.
- Strong functional knowledge and concepts.
- Excellent ability to understand business needs and translate them into well-structured business enabling HR processes.
- Excellent analytical skills and detail-orientation, with expertise in MS Excel.
- Strong planning and organizing skills.
- High individual drive yet a good team player.
- Effective communication skills across hierarchical levels.
- Empathy, personal tact, and cultural awareness.
- Ability to handle very confidential information on a daily basis.
About Us: Alghanim Industries
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