Compensation and Benefits Specialist

Overview:

To serve as an analyst responsible for the management of employee compensation and benefits, including the design, development and implementation of the compensation and benefit policies and programs to support the Company's strategy and objectives, both short and long terms.

Work under the general directions of the Superintendent Rewards & HR Policies develop and maintain competitive compensation and benefit programs for the entire workforce of the Company. Ensure that the reward policies meet the needs of the human resources functions and support the needs of employees across the Company.

Key Duties, Responsibility & Accountabilities:

1. Conduct studies, benchmarks and surveys to determine the feasibility and competitiveness of the Company's compensation and benefit programs.
2. Ensure that the Company's compensation and benefit programs meet the employees' needs and comply with legal requirements in Saudi Arabia.
3. Design and maintain Company's salary structure(s), over base components, merit and promotional increases and other related bonuses.
4. Ensure that compensation and benefits policies and processes are integrated into other HR policies, specifically performance management, talent management, career development and recruitment.
5. Support the implementation of various organizational HR strategies and programs to maximize their effectiveness, ensuring that compensation policies and programs are well understood and fully adopted.
6. Plan, conduct and participate in third-party's compensation surveys and benefit studies, analyze results to determine market competitiveness and provide recommendations on compensation and benefits issues.
7. Make/propose annual bonus recommendations and salary review recommendations.
8. Maintain comprehensive salary data to make and support compensation-related decisions in coordination with all other HR functions.
9. Coordinate with Training and Career Development Division to ensure that performance appraisals for all Company's employees are submitted promptly to process pay and bonus changes.
10. Work with the Organization and Job Evaluation Analyst to assist in conducting job evaluations and ensure that pay rates are equitable and justifiable for all jobs across the Company.
11. Design and maintain Company's retention programs, including home ownership program, medical coverage for the employees, saving/thrift plan.
12. Liaise with the external consultants and third-parties appointed by the Company to carry out compensation and benefits related projects.
13. Act as a coach to other HR Department personnel with regards to compensation and benefits policies.
14. Perform other related duties as assigned by the HR Policies & Planning Superintendent.

Requirements Minimum Qualifications:

Bachelor's Degree in Human Resource, Accounting, Business Administration or equivalent.

Minimum Experience:

Six (6) years of experience in Organizational Compensation and Benefits, of which at least Two (2) years in a similar position.

Job Specific Skills:

• Strong knowledge of the development and management reward strategies and data analysis.
• Strong knowledge of best compensation and benefits practices locally and internationally.
• General understanding of commercial markets and local labor market.
• Strong analytical and quantitative abilities.
• Good knowledge of the Refinery professions.
• Ability to function independently and effectively in a self-directed environment.
• Ability to plan, organize, and prioritize work effectively.
• Conversant with SAP and Microsoft Office applications.
• Strong interpersonal communication skills.
• Ability to perform work under pressure and meet tight deadlines.
• Strong command of oral and written English.