Purpose of the job
Responsible for preparing the calculation of all monthly entitlements and variable payments in alignment with the company's compensation plans.
Duties And Responsibilities
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Calculate Company Incentive Plan payments, linking individual and company performance to the payout in accordance with the set plan.
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Calculate Sales Incentive Plan commissions for direct sales employees after reviewing achievement results across various sales channels.
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Prepare HR budget including Staff Cost and Other HR Cost.
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Participate in annual salary surveys and seminars; conduct complex analyses to support top management decisions for the annual compensation plan.
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Assist in preparing the annual presentation for the Board of Directors and C&B Committee.
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Conduct analysis to evaluate and enhance existing compensation programs and propose solutions for potential challenges.
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Participate in the performance management cycle.
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Prepare monthly entitlements for new and existing employees and submit them to payroll for implementation.
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Prepare the financial entitlements for the separation employees.
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Prepare Compensation Dashboards highlighting hot spots and bright spots.
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Participate in calculating salary and merit increases for permanent employees.
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Review, update, and communicate compensation policies to Business Units.
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Contribute to compensation-related projects and assignments as requested.
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Handle international mobility cases in line with their remuneration packages and entitlements.
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Manage various compensation programs, including life insurance schemes and Pension Plan.
Job specification
Education
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University degree from a recognized institution.
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Advanced studies or certificates in Human Resources are considered an asset.
Experience
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Proven experience working with numbers, Excel, and PowerPoint.
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Minimum of 4 years experience in a similar role.
Skills And Abilities
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Excellent command of English, both spoken and written.
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Strong computer skills.
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Effective negotiation, communication, and presentation skills.
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Excellent people management capabilities.
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Strong analytical and problem-solving skills.