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Performance & Reward Specialist

1.00 to 10.00 Years   Jeddah , Saudi Arabia   30 Jun, 2021
Job LocationJeddah , Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryIndustrial Production
Functional AreaNot Mentioned

Job Description

  • Support the delivery of the annual remuneration cycle including delivery of the remuneration review and annual offers of the employee share plan?
  • ?Support key reward initiatives and projects, including the design, development and implementation of new reward frameworks or incentive plans?
  • ?Provide remuneration advice to key stakeholders within the HR team, including market benchmarking, market positioning, use of allowances and employee benefits?
  • ?Deliver data-based insights to HR stakeholders across reward and other employment issues?
  • ?Monitor the effectiveness of reward programs and make recommendations to improve their operation?
  • Liaise with payroll to ensure smooth management of employee remuneration arrangements?
  • Maintain a contemporary knowledge of employment law related to remuneration, including tax, regulation and market practice
  • Lead in identifying external best practices, trends, and industry new practices to engage and motivate employees.
  • Lead the research on compensation packages and bonus-schemes programs in alignment with company strategy to ensure the maintaining of an employer of choice
  • Develop and implement analysis of compensation data both within company and external market data to benchmark positions and determine classifications and remuneration for the overall company Compensation Plan.
  • Conduct research, develop and implement allowance schemes, employee benefits, recognition schemes and programs including non-monetary benefits based on employee requirements.
  • Lead the research and preparation of benchmarking exercises of company salaries and benefits against the external market annually to ensure we remain a competitive and fair employer.
  • Lead the development and review of the salary scale and classifications

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