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Group Compensation and Benefits Manager

2 months ago

مصر, Egypt PetroApp Full time

**Compensation and Benefits Analysis and Strategy**:

- Conduct market research and analysis to benchmark compensation levels against industry standards and trends.
- Develop compensation strategies to attract and retain top talent, considering factors such as job roles, experience, and performance.
- Review and update salary structures, incentive plans, and bonus programs as needed.

**Benefits Administration**
- Oversee the administration of employee benefits programs, including health insurance, paid time off, commissions, bonuses, and other perks.
- Evaluate existing benefits packages and recommend enhancements or changes to improve employee satisfaction and retention.
- Stay updated on regulatory changes and compliance requirements related to employee benefits, ensuring the organization's programs remain compliant.

**Policy Development**
- Develop and maintain policies and procedures related to compensation, benefits, and payroll administration.
- Ensure that compensation and benefits policies are communicated effectively to employees and are consistently applied across the organization.

**Performance Management**
- Collaborate with HR and management teams to align compensation and benefits programs with performance management processes.
- Assist in developing performance-based incentive programs and metrics to measure employee performance and productivity.

**Budgeting and Financial Analysis**
- Work closely with finance teams to develop budgets for compensation and benefits programs.
- Monitor and analyze financial data related to compensation and benefits expenses, identifying areas for cost savings or optimization.

**Employees Communication and Education**
- Serve as a point of contact for employee inquiries related to compensation, benefits, and payroll matters.
- Develop and deliver employee education programs and materials to help employees understand their compensation and benefits packages.

**Requirements**:

- Bachelor's degree in human resources, Business Administration, Finance, or related field.
- 8-12 years of proven experience in HR with focus on compensation and benefits management
- Strong understanding of compensation principles, benefits administration, and regulatory compliance
- Excellent analytical skills with the ability to interpret data and trends to make informed decisions
- Advanced proficiency in HRIS software, Microsoft Excel, and other relevant tools
- Exceptional communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams
- Strong attention to detail and ability to maintain confidentiality

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