Compensation and Benefits Manager

United Pharmaceuticals Company; Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading pharmacy chain in Saudi Arabia is seeking a Compensation and Benefits Manager to develop and implement effective compensation and benefits strategies. The ideal candidate will have at least 3 years of experience in HR, especially in compensation and benefits, and a Bachelor's degree in a related field. Responsibilities include overseeing payroll, managing benefits programs, and ensuring compliance with labor laws. This full-time position is based in Jeddah, Saudi Arabia.

Qualifications

• 3+ years of experience in compensation and benefits or HR.
• Experience in salary analysis and benchmarking.
• Knowledge of labor laws and regulations.

Responsibilities

• Develop compensation and benefits strategy aligned with HR objectives.
• Manage payroll operations and annual salary reviews.
• Conduct compensation analysis and market surveys.
• Oversee employee benefits programs.
• Prepare reports and dashboards for performance and costs.

Skills

Analytical skills

Financial skills

Negotiation abilities

Stakeholder management

Attention to detail

Education

Bachelor’s degree in Human Resources Management or Finance

Job description

Company Description:

United Pharmaceuticals Company (UPC) is one of the leading retail pharmacy chains in Saudi Arabia. UPC aims to be your one-stop shop for all healthcare needs, offering a wide range of products and services. The company prioritizes quality and customer satisfaction in its pursuit of excellence.

Job Overview:

The Compensation and Benefits Manager will be responsible for contributing to the development and implementation of compensation and benefits strategies and policies that ensure internal equity and external market competitiveness, support Human Resources objectives and the company’s overall strategy, oversee compliance with approved regulations and policies, and enhance the efficiency of payroll and benefits programs in order to attract and retain talent.

Responsibilities:

• Develop and implement a comprehensive compensation and benefits strategy aligned with HR objectives and company policies.
• Design, manage, and review salary structures and job grading frameworks to ensure internal equity and market competitiveness.
• Oversee payroll operations, annual salary reviews, incentives, and bonus programs in accordance with approved policies and regulations.
• Conduct compensation analysis, salary benchmarking, and market surveys to support strategic decision-making.
• Support recruitment teams by providing competitive salary recommendations and job offer packages.
• Manage and continuously review employee benefits programs, including medical insurance, allowances, and leave policies.
• Prepare periodic reports and dashboards related to compensation and benefits performance and costs.
• Ensure confidentiality, accuracy, and security of payroll and benefits data in compliance with company policies.
• Improve compensation and benefits processes to enhance efficiency and reduce operational errors.
• Participate in promotion committees, annual performance review cycles, and strategic workforce planning initiatives.
• Be updated on labor laws, regulatory requirements, and emerging trends in compensation and benefits.

Qualifications:

• Bachelor’s degree in Human Resources Management, Finance or an equivalent qualification.
• Minimum of 3 years of experience in compensation and benefits or a related HR function.
• Strong analytical and financial skills with proven experience in salary analysis and benchmarking.
• Solid knowledge of labor laws and relevant governmental regulations.
• Excellent planning, budgeting, and cost control skills.
• Strong negotiation and stakeholder management abilities.
• High attention to detail with the ability to handle sensitive and confidential information.
• Fluency in English.

Industry:

Retail Pharmacy

Employment Type:

Full-Time

Reporting To:

Head of Human Resources

Location:

Jeddah, Saudi Arabia