Manager Compensation and Benefits – Mashreq Bank Dubai Careers

Job Description:

Responsible for supporting the compensation and benefits initiatives of the Bank, including, compensation surveys, performance management and HRMS management. Job involves using analytical decision-support tools for various analyses and liaising with HR Coordinators and Business Partners for information and feedback.

Job Responsibilities:

• Base Pay Management:
• Assist the Manager, Compensation and Benefits (C&B) with conducting detailed job matching for the compensation surveys for UAE & Overseas (12 countries)
• Analyse the data generated through the surveys and report feedback to the Manager- C&B.
• Assist the Manager, C&B annually to prepare the recommendations for new Paybands & Benefits in line with the market for UAE & Overseas.
• Handle the compensation and benefits related MIS requests from Groups / Divisions.
• Implement the changes in compensation and benefit entitlements due to changes in positions in the hierarchy or transfer.
• Ensure accurate and complete system records of employees especially regarding the following: Job Title, Organisation Unit
• Handle all MIS / data requests from Group Heads like employee compensation history reports to assist in decision making.
• Others:
• Provide information / feedback to the HR Coordinators, HR Business Partners, Manager, Organisation Development and Manager, HR Administration on matters relating to policy implementation, clarification and interpretation.
• Assist the Manager, C&B with rolling out key benefit changes / initiatives and developing market compatible staff benefits policies.
• Assist the Manager, C&B with the roll out of specific HR initiatives.
• Ensure the availability of the employee compensation history to assist in decision making.
• Performance Management:
• Assist the Manager C&B to recommend the increment matrix and the increment and bonus budget for the Bank.
• Responsible for content managing the increment & bonus wizards (Master & Unit cuts – approx. 100 cuts) right from wizard creation until bank-wide issue of increment/bonus letters, as part of the annual performance review process.
• Assist the Manager, C&B with implementing performance management for the Bank, subsidiaries and overseas locations, as required.
• Assist in the timely execution of the Performance management cycle.
• Provide the support to Group Heads during the appraisal time regarding their queries on budgets / policy and be available for discussion about any individual cases.
• Policies:
• Maintain comprehensive list of policies and benefits. Liaise with the Manager, C&B to update policy manuals with approved changes.
• Follow up with the Organisation Development team to ensure that all changes are updated on the intranet / employee handbook.

Qualification & Experience:

• Graduate of Human Resources / Business Administration
• Interpersonal skills, proficiency with MS Office (particularly Word, Excel and Powerpoint)
• High analytical, MIS reporting skills
• 4-6 years of C&B experience similar to that stated in Key Result Areas above.

Job Details:

Company: Mashreq

Vacancy Type:  Full Time

Job Location: Dubai, United Arab Emirates

Application Deadline: N/A

Apply Here

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