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Senior Compensation and Benefits Specialist

Nagwa
Cairo, Egypt
Posted 5 years ago
61People have clicked1 open position
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Job Description

Job Summary

We are looking for an ambitious Senior Compensation and Benefits Specialist to join our team. As a senior compensation and benefits specialist, you will be responsible for overseeing, managing, and administering our employees’ rewards, perks, and benefits. You will also be developing programs that aim to improve the performance, engagement, and satisfaction of our employees.

Responsibilities

  • Developing the compensation package based on business goals and strategy and ensuring that compensation practices are following the labor law and regulations
  • Participating in salary and labor market surveys to determine prevailing pay rates and benefits, if needed
  • Developing and maintaining salary range structures, establishing cost-effective allowances, and establishing market-based benefits
  • Designing and implementing salary classification and compensation programs
  • Designing C&B reports and recommendations based on research and analysis for the management
  • Being responsible for payroll preparation/processing and for tax reporting/records
  • Assessing the organization’s pay structure and creating a grading system
  • Comparing benefits and compensation plans, job descriptions, and salaries through data and cost analyses
  • Collaborating with outside vendors, such as benefits vendors (e.g., medical insurance)
  • Developing internal best practices and continually improving the annual increase process
  • Generating all the reports needed to be submitted to the management
  • Administering health insurance for all the company’s employees and determining the company’s share as well as that of the employees’
  • Assisting in calculating the employees’ annual raise

Job Requirements

Qualifications & Work Experience

  • Bachelor’s degree in any field, preferably in law
  • 3+ years of relevant experience in personnel and payroll management
  • Solid knowledge of labor and social insurance laws
  • Very good command of the English language
  • Strong computer skills, preferably in advanced Excel
  • HR diploma or certificate is a plus.
  • Reporting & analysis experience is a must.
  • Working knowledge of job evaluation and job analysis systems is a must.
  • Previous experience in creating pay structure, grading system, and market surveys is a must.

Job Behavioral Competencies

    • Excellent communication skills
    • Very good presentation skills
    • Attention to detail
    • Creative thinking
    • Time and stress management skills
    • Self-motivation

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