Analyst - Compensation & Benefits - FMCG

About the Company:

One of the Largest Food manufacturing companies in Saudi Arabia and Middle East, founded in 1980 .

Location : Jeddah, Saudi Arabia

Job responsibilities :

- Assists in the development of compensation philosophy, policies & procedures.

- Ensures compensation & benefits are in-line with the existing market and consistent with guidelines and government regulations.

- Designing & evaluating Bonus Schemes, variable pay components, Sales Compensation.

- Conduct analysis on internal & external compensation statistics, recommend, develop and implement appropriate employee compensation structure.

- Review, Recommend, Develop Salary Scales for different functions in line with Market practices.

- Evaluate existing & recommended compensation& benefits structure.

- Participates in reviews to monitor and maintain market positioning, and in market surveys.

- Assist in job evaluations and create/develop/ configure pay grades/structures.

- Merit Increments cycle/structure design & implementation

- Responsible for managing Merit increase cycle & promotion cycles.

- Develop, owns and maintains the compensation & benefits management system.

- Internal adviser on all projects/initiatives within compensation & benefits scope.

Qualifications, Experience, & Skills:

Minimum Qualifications:

- Bachelor/Master degree in Statistics, Mathematics, MIS, Economics, Master degree will be Big Plus

Minimum Experience:

- Min 3 years experience preferably in FMCG

Job-Specific Skills:

- Advanced Microsoft Excel skills

- High level of IT literacy and use of Microsoft office packages would be an advantage

- A proficiency in/experience using HR Information Systems (SAP) would be an advantage

Isha Singh

Consultant HR Hiring

Datawise Consultants .