
Compensation and Benefits Associate
3 weeks ago
**Position Summary**
Perform all activities related to employee contracts to ensure compliance with the Saudi Labor Law and regulations. Provide inputs to the design and implementation of policies, systems, and procedures so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service.
**Major Accountabilities**
**Workforce Planning and Analytics**
- Assist in understanding business plans for future manpower capacity and translate business requirements into clear workforce needs.
- Analyze employees' demographic data, projections of their internal and external movements, and functions’ vacancy requirements for the preparation of workforce demand and supply analysis.
**Compensation and Benefits Management**
- Analyze KAPSARC’s compensation and benefits programs against competitive benchmarks in the local and international markets where KAPSARC operates, in order to provide findings and insights on KAPSARC’s competitiveness.
- Provide data analysis on employees’ benefits, salaries, and eligibility for promotions on an annual basis to support the management team in making decisions based on fairness and consistency across the workforce.
**Payroll Management**
- Collect monthly payroll data and conduct payroll calculations to ensure timely and efficient execution of payroll.
**Employment Contracts**
- Perform all activities related to employee contracts to ensure compliance with the Saudi Labor Law and regulations.
**Policies, Systems, Processes and Procedures**
- Provide inputs to the design and implementation of policies, systems, and procedures so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service.
**Innovation and Continuous Improvement**
- Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
**Reporting**
- Analyze the information and prepare reports and dashboards in a timely and accurate manner to meet the requirements, policies, and quality standards.
**Related Assignments**
Perform any other duties which the organization may require to be carried out.
**Qualifications and Experience**
**Recommended Qualifications and Years of Experience**
**Associate**
- Bachelor´s degree in Human Resources, Business Administration, or any other related field. With 4-6 years of relevant experience or
- Master’s degree in Human Resources, Business Administration, or any other related field. With 2-4 years of relevant experience
- Prior experience in the Saudi Labor Law and using methods and systems related to organizational design, workforce planning, job analysis, and job evaluation is a must
- Professional certification such as CIPD/ SHRM/ SPHR is highly preferable
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