Compensation & Benefits Specialist

Compensation & Benefits Specialist

Job Description

• Flawless Execution of Annual C&B Processes - Support in the Market's implementation of the annual processes (Budget Request, Review of ABS, Reference Salary, STB, LTI) • Assisting in conducting a bench marking study and Design of Competitive Pay Structures - Support with the coordination of job matching and salary submission with external survey providers in order to ensure a robust bench marking process and reliable data. • Researching compensation and benefits policies and plans, and ensuring compensation and benefits plans are cost-effective and competitive. • Monitoring and researching compensation and benefits trends. • Comparing benefits and compensation plans, job classifications, and salaries through data and cost analyses • Keeping abreast with new trend and best practice in the field • Determining position classifications. • Preparing and updating salary scales. • Making recommendations to managers regarding job descriptions, salaries, and classifications. • Strategic KPIs- Preparing reports for the Strategic KPIs and Statistics related to Total Compensation for the Business to use in problem solving and decision-making. • Job Analysis and Job Evaluation - Effectively apply the Job Evaluation Methodology of the Group - follow the group process for HR governance model. • Internal Control - Ensure full internal controls in the remuneration area. • Total Rewards Cost Management - Support Market in Effectively tracking the costs of Total Rewards per employee. • ERP Database - Upload and maintain an up-to-date employee database on ERP for compensation info types. • Ensuring that compensation practices are in compliance with current laws and regulations. • Conducting periodic audits, prepare and present reports. • Assessing employees needs by conducting organizational surveys. • Applying effective communication strategy.

Requirements

• BA in Statistics, applied mathematics, Industrial engineering, accounting or similar relevant field • Previous working experience as a compensation and benefits specialist for 2 years • Prior experience in HR operations and knowledge of best practices • Hands on experience with quantitative and qualitative research • Good understanding of full cycle hiring process • Familiarity with current employment rules and regulations • Hands on experience with HR software (HRIS) • Strong interpersonal and communication skills • Local employment law & labor regulations • Experience in Employee Cost Management / budgeting • Advanced use of Microsoft Excel Professional Certification desired • WorldatWork Society of Certified Professionals • Certified Compensation Professional (CCP) • International Foundation of Employee Benefits Plans • Certified Employee Benefits Specialist (CEBS) • Compensation Management Specialist (CMS) • Group Benefits Associate (GBA) • Retirement Plans Associate (RPA) • Society of Human Resource Management (SHRM) • SHRM-CP (certified professional) • HR Certification Institute (HRCI) • Professional in Human Resources (PHR) • Global Professional in Human Resources (GPHR)

About Company

500 employees or more

Solico Group is an alliance of 33 companies with same majority shareholders and almost 14,000 employees. The group is the leading private owned food processing and distribution network that accounts for a major share of the Iranian market with exports to the regional countries such as Iraq, U.A.E., Canada, Oman and CIS countries. Solico Group is specialized in dairy and ice cream with a daily intake of 1.5 million liters of milk, as well as processed meat products, ready and frozen meals with a daily output of 50 tons. The other specialized fields are production of sauces and dressings. The group also enjoys the comfort of having its own plant for supply of packaging material. Solico is active in production, distribution and sales of several products such as: - Dairy - Meat - Ice Cream - Chocolate and Bread Solico focuses on improving the level of wellness, innovation and satisfac...

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