Compensation and Benefits:

• Design, evaluate, modify and implement Compensation and benefits strategies, policies, programs, wage and salary structure and reviews the variable pay systems including bonuses and raises to ensure that C&B programs are competitive and in compliance with legal requirements, Organization C&B Strategies and market demands.

• Lead and participate in competitive market surveys to establish pay practices and pay ranges that help to develop competitive salary structures and pay ranges and incentive plans (Fix and Variable), and to recruit and retain the best performers.

• Recommend corrective or alternative actions to resolve compensation-related problems or benefits offered aiming employees satisfaction and retention.



Total Compensation Management:

• Follow a Communication approach which ensures a consistent link with performance “Pay for Performance”.

• External market is systematically monitored for compensation practices.

• Support Management Team in the new schemes for local Incentive Systems.

Retention:

• Act as Custodian to the Firm Ethical Business Practices & Compliances.

• Ensure core Values and Branding are embedded in all HR/Business initiatives and programs.

• Study turnover rate Root Cause Analysis.

• Initiate Reward and Recognition (R&R) Programs that drive positive performance and healthy competitive working environment and ensure they are optimized and fully utilized.

• Create a formal system of upward communication to ensure that Leaders are aware of the views of their people and can take them into account in action planning.

Job Details

Preferred Candidate

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