Compensation, Supervisor
3 weeks ago
**Job brief**:
Prepare the calculation of all monthly entitlements and variable payments according to the compensation plans.
**Responsibilities**:
- Calculate the Company Incentive Plan payment, linking individual and company performance to the payout as per the set plan.
- Calculate the Sales Incentive, plan commissions payment for direct sales employees after receiving and reviewing achievement results of the various sales channels.
- Prepare the Budget for various compensation items such as frozen leaves, telephone allowance, employee share plan in alignment with the Budgeting team.
- Participate in annual salary surveys and seminars, study and conduct various complex analysis for top management to base decisions for the annual plan.
- Participate in the preparation of the annual presentation to be presented to the board of directors and C&B committee.
- Conduct various analysis to evaluate and enhance the implemented compensation programs and raise solutions for potential challenges
- Set and negotiate appropriate package for new hires based on their experience/weight to attract best calibers while maintaining internal equity.
- Participate in the Performance management cycle.
- Prepare monthly entitlements for new or existing employees and submit to the payroll for implementation, Compensation Dashboard, hot & bright spots.
- Responsible for submitting monthly reports for mother company.
- Calculate annual salary increase for employees.
- Participate in calculation of salary and merit increase for permanent employees.
- Review and update compensation policies and communicate to Business Units.
- Participate in other compensation projects and assignments, as requested.
- Responsible for handling international mobility cases according to their remuneration package and entitlements.
- Work on different compensation programs including life insurance.
**Requirements**:
**Experience:**:
- Experience in dealing with Numbers, Excel & PowerPoint.
- Minimum of 3 years experience in a similar position.
**Skills and Abilities**:
- Excellent English both spoken and written.
- Very good computer skills.
- Strong negotiation, communication and presentation skills.
- Excellent people management skills.
- Excellent analytical skills.
**Education**:
- University graduate from a recognized university.
- Advanced studies in HR is an asset.
**Contract**:
Regular
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