Compensation and Benefits Division Manager - Islamic Development Bank

 Design and administer a credible total compensation and benefits program to ensure competitiveness in the market, consistency with the IDB Group strategy and objectives and equity and fairness among employees

 Analyze compensation policies, government regulations, and prevailing wage rates to develop competitive compensation plans

 Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and personnel policies

 Develop new benefit packages ensuring that these are current and competitive and in line with legal requirements

 Identify and implement benefits to increase the quality of life for employees, by working with brokers and researching benefits issues

 Contribute to the development of and drive the implementation of HR strategies

 Supervise the development and maintenance of the policies, guidelines and plans of the Compensation and Relations Management Division’s functions such as Reward and Remuneration System, Personnel Services, Job Descriptions/Job Evaluations, Employee Relations, Staff Pension etc.

 Participate in market surveys and conduct benchmarking and analysis of compensation and benefit practices

 Manage research initiatives and analyses of salary rates and benefits offered by other employers in the same sector

 Monitor the organization’s salary structure and benefits provision to ensure a balance between control of costs and attraction and retention of staff

 Oversee and review job evaluation and job classification studies to highlight issues relating to appropriate grading and pay for positions under study

 Establish and maintain consistent job analysis procedures ensuring compliance with established job evaluation methodology

 Take the day-to day operational decisions ensuring the Compensation and Relations Management Division achieves its planned targets

 Manage the HR components of the HR Information Systems and Reports that support the decision making process

 Provide management with decision making support on Compensation and Relations Management issues as well as manpower issues

 Review the total compensation policies and practices ensuring compliance with legislative standards and guidelines

§ Provide clear direction, prioritize tasks, assign and delegate responsibility and monitor the workflow of the Division

§ Plan, manage and review individual performance and provide regular feedback, development and coaching, taking prompt action where necessary

§ Provide opportunities for Compensation and Relations Management Division members to suggest, participate in and contribute to improvement, innovation and knowledge sharing initiatives

 Ensure the Compensation and Relations Management Division complies with IDB’s policies, processes, practices and systems

Job Details

Date Posted:	2014-04-24
Job Location:	Jeddah , Saudi Arabia
Job Role:	Human Resources/Personnel
Company Industry:	Banking

Preferred Candidate

Career Level:	Management
Gender:	Male
Nationality:	Saudi Arabia
Degree:	Master's degree

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Date Posted: April 24, 2014 at 08:12AM

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Compensation and Benefits Division Manager - Islamic Development Bank