Compensation and Benefits Analyst

To assist with development and implementation of effective remuneration and employee benefits program strategies, policies, rewards systems, human capital information management system and procedures as well as to create organizational competitive advantage in order to attract and retain talent.

Responsibilities:

• Prepare offers, promotion and allowance business cases for review by the Head of Compensation and Benefits CoE.
• Support the Head of Compensation and Benefits CoE.
• Assist to develop and implement all remuneration, benefit and administration related policies, systems and procedures.
• Assist with development, management, and maintenance of effective HR information systems i.e Record and processing data.
• Assist to develop, maintain and make recommendations in respect of the organization’s salary range structure and fringe benefits to establish market-based benefits to ensure the acquisition, motivation and retention on key critical positions.
• Analysis and annual update of Salary Scales based on midpoints against the benchmarked external market.
• Develop and maintain Human Capital integrated reports for relevant stakeholders.
• Provides data for and preparing management information reports and documents.
• Analyze trends and metrics in partnership with the Head of the Compensation and Benefits COE to develop solutions and programs.
• Establish and develop a dialogue and relationship with head of business units and other key stakeholders to understand the key issues associated with employee compensation & benefits for further in-depth discussion & consideration with the Head of the Compensation and Benefits COE.
• Work closely with management and employees to improve work relationships, build morale, and increase productivity and retention.
• Provides Remuneration policy guidance and interpretation.
• Deliver the annual remuneration process (bonus and salary increments).

Knowledge and Experience:

• Job evaluation methodology (preferable)
• Analytical, statistical and qualitative skills
• Knowledge of compensation and benefits practices
• Advanced computer, Powerpoint and Excel skills
• Knowledge of the local and international labour law
• Deep rewards and benefits knowledge and proven expertise
• Design thinking
• Business and global acumen
• Ability to work under pressure
• Ability to work independently
• Be solutions focused
• Sense of urgency 
• Able to operate in an environment with high levels of ambiguity
• Good interpersonal and communication skills
• 3 - 4 years of HR compensation and benefits experience across multiple markets
• Ability to work accurately with great attention to detail (critical and non-negotiable)

Qualifications:

• Degree Human Resources Management, Organizational Psychology, Finance or relevant field
• Professional Membership of a Remuneration Body/Association highly advantageous (Certified Global Remuneration Practitioner)