JOB PURPOSE
- 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 service regarding leave, health, insurance policies, and terminations as per the labor law
- requirements and guidelines.
ROLES AND RESPONSIBILITIES
Core Compensation and Rewards:
- 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 Aldar 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.
- Provide strategic guidance and recommendations to senior leadership on compensation-related matters, including salary structures, pay equity, incentive plans, and executive compensation.
