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Senior Compensation And Benefits Specialist

Nagwa
Nasr City, Cairo
Posted 4 years ago
76People have clicked1 open position
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Job Details

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Job Description

Job Summary

We are looking to hire a Senior Compensation and Benefits Specialist to contribute to Nagwa with overseeing, managing, and administering our employees’ rewards, perks, and benefits. The successful candidate will also develop programs aiming at improving the performance, engagement, and satisfaction of our employees.

Responsibilities:

Payroll

  • Be responsible for payroll preparation/processing and tax reporting/records.
  • Make monthly (regular) analysis for all payroll (pay codes) and pinpoint the differences and report the reasons behind.
  • Comply with all applicable national laws and in particular with those related to Employment, Insurance and Tax.

HR Budgeting

  • Prepare annual HR budget plans and update it on a quarterly basis.
  • Provide regular budgeting analysis and report in collaboration with Finance.

Compensation

  • Draft compensations plans (incentive system, annual raise, bonus system).
  • Conduct regular reviews of all company incentive schemes, jobs, salaries and brackets.
  • Assess the organization’s pay structure and create a grading system.
  • Compare benefits and compensation plans, job descriptions, and salaries through data and cost analyses.
  • Develop internal best practices and continually improving the annual increase process.
  • Develop the compensation package based on business goals and strategy and ensuring that compensation practices are following the labor law and regulations.

Benefits

  • Collaborate with outside vendors, such as benefits vendors (e.g., medical insurance).
  • Research and propose employees’ benefits.
  • Administer the organization’s benefits programs (insurance policies, etc.).
  • Develop and maintain salary range structures, establish cost-effective allowances, and establish market-based benefits.

HRIS

  • Responsible for our HRIS, BambooHR.
  • Insert and follow up employees’ data to ensure information is current and complete.
  • Do regular audits to HRIS to ensure it is current and functioning at its fullest.

Job Requirements

Qualifications & Work Experience

  • Bachelor’s Degree in any field. Law and Human Resources are a plus.
  • More than 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. Advanced Microsoft Excel is a plus.
  • Reporting and analysis experience are a must.
  • Working knowledge of job evaluation and job analysis systems are a must.
  • Previous experience in creating pay structure, grading system, and market surveys is a must.

Job Behavioral Competencies

    • Effective communication.
    • Teamwork.
    • Result orientation.
    • Accountability.
    • Strategic thinking.
    • Attention to detail.
    • Time management.
    • Self-motivation.

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