Compensation Consultant

Job Specific Accountabilities

1. Managing Compensation

• Recommends enhancements to compensation and benefits policies.
• Designs and updates salary structures aligned with job evaluations and market data.
• Manages annual compensation cycles (merit, salary reviews, bonus programs).
• Oversees short‑term and long‑term incentive programs.

2. Job Design & Workforce Planning

• Performs job analysis and job evaluations to determine proper salary grades.
• Creating and maintenance of job descriptions.
• Lead strategic and operational workforce planning by analyzing workload forecasts and staffing needs.

3. Compensation for Benchmarking

• Conducts regular market benchmarking to compare the organization’s compensation against peer companies.
• Analyzes market trends and legislation affecting compensation practices.
• Supports annual IKTRS studies to ensure Sipchem’s pay competitiveness.

4. Analytics & Reporting

• Develops and delivers regular compensation reports.
• Provides data‑driven insights to support leadership decision‑making.

5. Projects & Compliance

• Ensures compensation practices comply with labor laws and organizational policies.
• Conducts audits to identify and correct discrepancies.
• Participates in compensation-related projects and organizational initiatives.

6. Minimum Qualifications & Experience

• 10 + Years of experience.
• Education: Bachelor’s Degree Business Administration, Human Resources or related disciplines.
• HR Certifications (CIPD, SHRM, HAY preferred)
• Fluency in English language.