Compensation & Benefits Strategist

2 days ago


Medina, Al Madīnah al Munawwarah, Saudi Arabia Rua Al Madinah Holding | رؤى المدينة القابضة Full time

Establishing a competitive edge in compensation and benefits is vital for attracting, retaining, and motivating top talent. As the Compensation & Benefits Lead at Rua Al Madinah Holding | رؤى المدينة القابضة, you will design, implement, and manage total rewards programs that align with the Company's strategic objectives.

Salary

A key aspect of your role will be to lead the development of salary structures, bonus programs, and employee benefits packages. This involves conducting regular market research studies to identify pay options and performing financial analysis to support compensation and benefits strategy.

Job Description
  • Develop and review current policies and procedures, identifying gaps and suggesting modifications and improvements based on analysis and best practices.
  • Ensure a consistent rewards approach for all levels across organizational levels and develop both short-term and long-term incentive plans.
  • Communicate total reward programs and their benefits effectively to employees through various channels, ensuring compliance with relevant local regulations.
  • Manage the total rewards budget and make strategic recommendations to maximize program impact.

You will also be responsible for preparing analyses and presentations on total rewards initiatives and their impact on the Company. Design, evaluate, and administer employee compensation and benefits programs, including base pay and incentives.

Required Skills and Qualifications
  • Bachelor's degree in human resources management, business administration, management, or any related field.
  • Minimum of 5 years of relevant experience.
  • Professional certifications or master's degree is preferred.


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