Senior Compensation & Benefits Specialist
New Cairo, CairoPosted 9 years ago81Applicants for1 open position
- 53Viewed
- 12In Consideration
- 9Not Selected
Job Details
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Job Description
- Assessing the organization’s pay structure
- Researching compensation trends and reviewing compensation surveys
- Design, implement, and manage salary classification and compensation programs
- Conduct analysis of compensation and benefits within company.
- Oversee competitive analysis, merit increases and salary structure.
- Analyze surveys to ensure appropriate compensation across all departments.
- Forecast budget for salary increases
- Administer and manage employee insurance plans.
- Define a fair, equitable and competitive total compensation package that fits and is aligned to our company’s strategy and business goals
- Develop a consistent compensation philosophy in line with work culture and organisational objectives
- Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc)
- Use various methods and techniques and make data based decisions on direct financial, indirect financial and nonfinancial compensations
- Participate in salary and labour market surveys to determine prevailing pay rates and benefits
- Differentiate pay systems to invest in the segments of workforce that contribute the most value
- Conduct ongoing research into emerging trends, issues and best practices
- Conduct periodic audits and prepare reports
Job Requirements
- 4 years of benefits, insurance or human resources experience.
- BS degree in human resources, business administration or finance
- Proven working experience as a compensation and benefits specialist
- Prior experience in HR practices and compensation cycle management
- Working knowledge of job evaluation and job analysis systems
- Previous experience with organisational psychology and labour market surveys
- Adequate knowledge of current labour rules and regulations
- Familiarity with various types of incentives and benefits
- Extensive knowledge of HRIS and MS Office
- Strong quantitative and analytical skills
