Senior Vice President – Compensation & Benefits

Abu Dhabi

AA28

Permanent

30/04/2024

Our client who is a top tier listed entity in Abu Dhabi is looking to hire a SVP of Compensation and Benefits for the group.

Role:

- Custodian of group compensation and benefits structures, changes and amendments as per the DOA
- Conduct periodic benchmarks around the pay philosophy, assess competitive advantage in relation to the peer group
- Manage the STI and LTI structures and Programs, ensure proper grip over shares liquidation as per the LTI policy
- Review and manage employee relations processes to ensure an accurate HR services regarding leave, health, insurance policies, and terminations as per the labor law requirements and guidelines
- Develop and execute a comprehensive compensation and benefits strategy aligned with the organization's strategic goals and objectives;
- Manage the group compensation and benefits structure, changes and amendments as per the DOA;
- Lead the design, implementation, and management of the compensation programs;
- Conduct market research and analysis to ensure the compensation and benefits programs remain competitive and cost-effective. Stay informed about industry trends, benchmarks, and emerging practices in compensation and benefits;
- Assess competitive advantage concerning the peer group within the organization as well as conduct periodic benchmarks around the pay philosophy
- Lead the annual rewards cycle across the group as per the corporate policy; develop and announce the process and guidelines and conduct awareness sessions for CXOs;
- Review submissions of rewards nominations, discuss forced distribution and budget allocations with GCEO and CPCO
- Oversee the Employee Relations from payroll management process and ’ day-to-day’s operational duties (such as attendance, claim requests, certificates and insurance policies, etc.);
- Oversight on actioning the STIs, LTIs, Rewards program outcomes, coordinate the liquidation process of vests and link with employee(s) payouts, exits and enrollments;
- Identify benefits related policy enhancement areas and recommend to CPCO inclusion of new benefits as per local / regional / global trends;

Requirements:

- Proven track record in implementation of C&B initiatives
- Excellent analytical skills, excellent MS Excel
- Excellent financial skills and analysis of data
- Excellent knowledge of C&B best practices
- Good conflict resolution skills, communication, interpersonal and presentation skills
- Strong analytical skills
- Understanding of the impact of organizational culture on engagement and performance
- Min of 10+ years of experience in Compensation & Benefits
- Bachelor’s degree in engineering, business management or human resources




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Ashhar Ali

ashhar@markwilliams.ae

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