Senior HR Role - Compensation & Benefits - BFS (6-15 yrs)

Job Purpose:

- Overall support in Compensation and Benefit portfolio.

- To drive Employee reward cycle for the Bank

- To drive Compensation and Benefit related deliverables

- To support in NRC / Board related agenda

Position Responsibilities

- Research on local /countrywide salary by city and Industry

- Benchmark current pay scale to competitors on a proactive basis

- Plan and Execute Annual/Mid-Year merit and benefit plans

- Supporting during NRC/Board Meetings i.e. assisting in finalising Agenda, supporting in drafting notes, minutes and maintaining records.

- Tracking and ensuring closure on NRC/Board related deliverables

- Act as a SPOC to employees encouraging conversations during and after onboarding

- Design and renew our compensation plans with monetary and non-monetary benefits based on employee needs and that will yield the highest value for the organization

- Ensure salaries and benefits comply with the current legislation

- Identify trends and implement new practices to engage and motivate employees

- Conduct analysis of Jobs, Salaries and Incentives to evaluate internal equality, external competitiveness

- Assist in development and monitoring of Incentive Programmes across the Organisation

- Undertaking overall Salary Benchmarking Exercise and making recommendations.

- Keep track of prevailing pay rates and make sure we offer competitive compensation plans

- Ensure job descriptions, job analyses and classifications