Compensation and Benefits Specialist

5 - 9 years

0 Lacs

Posted:1 week ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

Role Overview: As a Compensation and Benefits Specialist, you will be responsible for conducting studies, benchmarks, and surveys to evaluate the competitiveness of the company's compensation and benefit programs. Your role will involve designing and maintaining salary structures, bonus components, and ensuring the integration of compensation and benefits policies with other HR policies. By supporting the implementation of organizational HR strategies, you will play a vital role in maximizing the effectiveness of compensation policies and programs. Key Responsibilities: - Conduct studies, benchmarks, and surveys to assess the competitiveness of compensation and benefit programs - Design and maintain the company's salary structures and related bonuses - Ensure integration of compensation and benefits policies into other HR policies - Support implementation of organizational HR strategies for maximum effectiveness - Plan, conduct, and analyze third-party compensation surveys and benefit studies - Make annual bonus and salary review recommendations - Maintain comprehensive salary data for compensation-related decisions - Design and maintain retention programs including home ownership, medical coverage, and saving plans - Liaise with external consultants for compensation and benefits projects - Coach HR personnel on compensation and benefits policies Qualifications Required: - Bachelor's degree in Human Resources, Business Administration, or related field - 5+ years of experience in Compensation and Benefits roles - Strong understanding of Saudi Arabia's legal requirements for compensation and benefits - Excellent analytical and communication skills - Ability to work collaboratively and provide guidance to HR teams,

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