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Lead- Rewards

1.00 to 10.00 Years   Abu Dhabi, United Arab Emirates   11 Oct, 2022
First Abu Dhabi Bank - Other locations
1 Jobs Openings
Job LocationAbu Dhabi, United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryBanking
Functional AreaNot Mentioned

Job Description

JOB PURPOSE:To support the definition of organizations pay structure and benefits offerings while ensuring that employee remuneration is in alignment with Group policies, competitive and compliant with legal and fiscal regulations.KEY ACCOUNTABILITIES:Rewards Frameworks and Policies

  • Support VP, Performance and Rewards in developing Group-wide rewards frameworks in line with organizational requirements and market best practices.
  • Lead design of policies and practices aligned to the Group?s Rewards strategy and in line with agreed Rewards frameworks.
  • Manage implementation of benefits programs and administrative procedures across FAB Group, in coordination with external and internal stakeholders.
Compensation and Benefits Design
  • Manage compensation and benefits surveys with vendors and run analytics to support decision making.
  • Review and update compensation and benefits packages across FAB Group to maintain market competiveness.
  • Design and lead communication of compensation and benefits information to employees and other HR groups.
  • Act as an SME from Group perspective to provide compensation and benefits relatd advice to different HR teams, as required.
Variable Pay Management
  • Support the design of PBVR model and execution in an effective manner.
  • In conjuction with VP, Performance and Rewards, develop and execute incentive plans, bonus plans and LTIP.
Analytics
  • Define the templates and formats to run function / country specific compensation analysis.
  • Ensure that analysis is refreshed on a periodic basis and draw insights for senior management decision making.

Keyskills :

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