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Compensation & Benefits Specialist

Jeddah , Saudi Arabia Posted 2011/07/19 06:24:39 Expires 2017-07-07 Ref: JB1694226

Job Description

Functional Description:

To Support corporate compensation & benefits activity including updating the value proposition, leading development of new compensation & incentive schemes, benchmarking company salaries & benefits against the external market, ensuring internal equity, overseeing the updating of job descriptions & job evaluation & ensuring that all compensation decisions in the organization are in line with agreed policies & procedures & support achievement of the company strategic objectives.

Major Duties and Responsibilities:

Business Strategy Formulation and Execution

 Ensure all relevant compensation & benefits information is available for recruitment purposes including job descriptions, person specifications & job evaluation data.

 Ensure all employees (particularly managers) have set objectives, measures & development plans at the start of each year linked to the compensation structure

 Implement compensation & benefits policies. Suggest ideas to corporate Comp & Ben for reward & recognition.

 Recommendations on organizational compensation policies & procedures, development of new compensation & benefits processes, compensation & benefits budget. Suggestions on use of market survey data.

Financial Management, Reporting and Budgeting

 Continuously educate management on the importance of pay for performance.

 Prepares audit reports on compensation & benefits for the HR Head by collecting all relevant data & carrying out analyses.

 Conducting salary surveys , benefits surveys and setting internal and external compensation benchmarks in the industry and comparing SAMACO compensation structure with external market and benchmarks

Leadership and People Capability Development

 Support People Performance by:

 Within own role – act as a role model for company ethics & values.

 Works closely (day to day) with the members of the Corporate HR team & the Dealership Managers to review compensation & benefits needs & support implementation of processes.

Operational Control and Continuous Improvement

 Develop & / or update compensation & benefits policies & procedures by consulting with the relevant parties to gain quality input to the policy development process.

 Works closely (day to day) with the members of the Corporate HR team & the Dealership HR Managers to review compensation & benefits needs & support implementation of processes.

Relationship Management

 Support Job Evaluation committees to evaluate job families by coordinating collection of data, preparing for the meetings & making significant contributions to the meetings to ensure all job are evaluated fairly.

Policy Compliance & Standards Implementation

 Carry out market surveys of compensation & benefits OR access the relevant surveys after thoroughly reviewing the options in order to ensure senior management are fully aware of compensation trends.

 Deliver awareness presentations to employees on compensation & benefits policy by visiting Business Units, presenting key information & answering questions to ensure all employees are aware of SAMACO’s approach to compensation & the links between pay & performance.

 Audit the implementation of compensation & benefits policies & procedures at group level by reviewing data from the business units & advising the HR Head on any deviations from group policy to ensure policies are consistently maintained.

Customer Value Delivery and Service Standards

 Based in KSA but frequent travel to regional dealerships is required. Main attention to compensation & benefits policies, processes & standards. Visit business units on a regular basis to ensure he is fully aware of business objectives, challenges, plans & compensation & benefits needs. Should meet regularly with key managers & coach & support HR teams in external business units on compensation & benefits processes.

Skills

• Excellent communication and interpersonal skills.

• Excellent written and verbal communication skills in Arabic and English.

• Excellent computer skills.

Education

Bachelor Degree in Human Resources Management, Business Administration or any related field.

Job Details

Job Location Jeddah , Saudi Arabia
Job Role Human Resources and Recruitment
Employment Status Full time
Employment Type Employee
Number of Vacancies 1

Preferred Candidate

Career Level Mid Career
Years of Experience Min: 3 Max: 5
Residence Location Jeddah , Saudi Arabia
Gender Male
Nationality Saudi Arabia

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