Tuesday , December 5 2023

Manager Compensation and Benefits – Mashreq Bank Dubai Careers

Website Mashreq

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