Manager Compensation & Benefits

Manager Compensation & Benefits

  May 6, 2024   

Manager Compensation & Benefits

Published
May 6, 2024
Location
Karachi
Category
Job Type
Departments
Human Resource
Field of Interest
Human Resources
Location
Karachi
Country
Pakistan

Description

 

The incumbent will be responsible for design and administration of compensation and benefits framework for all office and school staff of TCF. This also includes budget preparation and alignment with policy, analysis of compensation/benefits data for key decisions, as well as design and implementation of compensation programs.

  • Work with HR senior management to develop a compensation philosophy aligned with organizational culture and strategy.
  • Design and upgrade compensation frameworks for both office and school staff that are aligned with the organizational strategy.
  • Use data analytics to make data-driven decisions regarding design of monetary and non-monetary compensation and prepare cost-to-company analysis.
  • Carry out analysis of similar jobs for pay equity, and recommend models, principles and risk mitigation measures.
  • Formulate payroll and benefits budget, prepare budget updates and pitch for the board, including preparation of presentations, and work on calibration exercises to be presented to the top management
  • Prepare salary analysis and recommend compensation for hiring and promotions.
  • Plan and develop compensation related communications.
  • Regularly conduct research to stay updated on compensation and benefits trends and best practices.
  • Lead and contribute to any special projects that may arise under the ambit of compensation and benefits for the organization

Required Skills

  • Sound knowledge of compensation and benefits planning
  • Flexible in approach, able to work in a fast paced, dynamic environment
  • Excellent communication and interpersonal skills
  • Excellent coordination and follow-up skills
  • Excellent presentation skills
  • Ability to multi-task
  • Strong data analytical skills
  • Organized; can plan efficiently and meet delivery timelines
  • Advanced level proficiency in MS Excel
  • Proficiency in using MS Office with a strong group on presentation skills
  • Ability to build relationships and coordinate with multiple stakeholders
  • Committed and dependable
  • Can work independently as well as a part of the team

Education

Bachelors or Masters, preferably with a Finance and HR mix.

Experience

At least 8 years of relevant experience, with experience in Total Rewards, Compensation Design and Framework establishment.

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