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Compensation & Benefits Manager

PICO
Zamalek, Cairo
Posted 2 years ago
165Applicants for1 open position
  • 24Viewed
  • 145In Consideration
  • 3Not Selected
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Job Details

Experience Needed:
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Job Description

Compensation Planning

  • Design, implement and update company compensation and benefits policies and procedures.
  • Design compensation packages based on the business goal, strategy and market forces.
  • Create a consistent compensation guideline that matches our work and organizational culture.
  • Conduct job evaluation and determine the right job grade and level.
  • Participate in salary and labor market surveys to determine prevailing pay rates and benefits.
  • Assess employee's needs by conducting organizational surveys.
  • Conduct periodic audits, prepare and present reports.
  • Design benefits plans and build an attractive benefits network with external suppliers; negotiating collective agreements on behalf of employers or workers.

Payroll Operations

  • Determine the right payroll amount by calculating overtime, bonuses etc.
  • Process payroll for employees in coordination with Finance and banks.
  • Manage organization budget and expenses.
  • Address and resolve employee complaints relating to the payroll system.
  • Respond to payroll queries from employees in a timely manner.
  • Prepare reports to relevant departments about payroll, company budget and expense.
  • Ensure that employee payroll processing is in compliance with the Egyptian labor law and income tax law.
  • Review payroll reports and time sheets for correctness before payroll transactions.
  • Analyze payroll issues and recommend corrective actions.
  • Maintain payroll system up-to-date and accurate.
  • Set up payroll arrangements for new hires and terminate ex-employee profiles.

Analysis and Reporting

  • Use various methods and techniques and make data-based decisions on direct financial, indirect financial and non financial compensations.
  • Conduct competitive analysis on merit increases and salary structure.
  • Forecast budget for salary increases.

Job Requirements

Qualifications

  • Bachelor's in Commerce or related disciplines.
  • HR Diploma from a recognized body is a plus.
  • Minimum 6 years of experience in the same role with exposure over planning and development activities.

Knows about:

  • The Egyptian labor law and income tax laws.
  • Latest trends and best practices in total reward management.
  • Egyptian market situation and compensation trends.
  • Grading methodologies and salary structuring techniques.

Skilled at:

  • MS Office (MS Excel, MS Outlook, MS PowerPoint)
  • Emotional Intelligence
  • Planning and Organization
  • Communication Skills
  • Negotiation Skills
  • Problem Solving Skills
  • Analysis and Reporting Skills

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