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Compensation Expert
3 weeks ago
Job Title: Compensation Expert
We are seeking a detail-oriented and analytical expert to join our Human Capital team. The ideal candidate will play a critical role in designing, implementing, and managing total rewards programs to attract, retain, and motivate top talent across the organization.
Responsibilities:
- Compensation Strategy & Benchmarking
- Benchmark market trends and business goals to develop a compensation strategy that aligns with organizational objectives.
- Conduct regular market surveys to evaluate the competitiveness of salary offerings.
- Lead the annual salary review process, ensuring fairness, transparency, and performance alignment.
- Provide data-driven recommendations for salary adjustments, promotions, and merit increases.
Benefits Design & Administration
- Design, implement, and oversee employee benefits programs, including health insurance, wellness programs, retirement plans, and travel-related perks.
- Evaluate and select benefits vendors, negotiate contracts, and monitor service delivery and performance.
- Ensure all benefit offerings are compliant with local labor laws, tax regulations, and social security systems across all operating locations.
- Manage the administration of benefits and support employees in understanding and accessing them.
Job Evaluation & Grading Structure
- Implement and manage a formal job evaluation methodology to ensure consistency and equity across roles.
- Establish and maintain a clear grading structure, linking job levels to compensation bands and career progression pathways.
- Work with department heads to review job content and ensure accuracy of job descriptions and grading outcomes.
- Periodically review grading frameworks to reflect evolving organizational needs and market changes.
Employee Recognition & Rewards
- Design and implement recognition and non-monetary rewards programs to enhance employee engagement and motivation.
- Support initiatives like performance bonuses, long-service awards, and peer recognition platforms.
- Monitor effectiveness and propose enhancements to ensure alignment with organizational culture and strategic priorities.
Compliance & Governance
- Ensure all compensation and benefits practices comply with legal, regulatory, and tax requirements across the organization's operational jurisdictions.
- Develop and maintain policies for expatriate compensation, international mobility, and relocation packages.
- Keep abreast of changes in labor law and social security systems across countries of operation and adapt programs accordingly.
Analytics & Reporting
- Use HR analytics tools to assess the effectiveness of compensation and benefits programs.
- Prepare regular reports for management on compensation trends, benefits utilization, headcount cost, and total rewards ROI.
- Support audits and internal reviews by maintaining accurate and complete compensation data.
Qualifications:
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field (Master's degree or certification such as CCP, GRP, CBP, or CIPD is a plus).
- 4–6 years of experience in compensation and benefits, preferably within the aviation or transportation industry.
- Hands-on experience with job evaluation systems (e.g., HAY, Mercer).
- Strong knowledge of labor laws and regulatory frameworks in the Middle East.
- Advanced skills in MS Excel and HRIS systems.
- Excellent analytical, negotiation, and communication skills.