Job Requirements:
SKILLS and QUALIFICATION
Should have a MA/MSc./MBA in human resources management. Certification in Performance Management, Competency Modelling or Compensation & Benefits is preferred.
EXPERIENCE
At least 7-10 years work experience as a Performance & Reward Management Professional is required. Experience of working in a large company and structuring and organising jobs on a large scale is essential.
KNOWLEDGE
Legislation: Knowledge of local compensation and benefits laws and labour and immigration laws.
Performance Management: Knowledge required to analyse, design, develop, implement and evaluate performance management systems for a large organization.
Job Analysis: Knowledge of Job Analysis and to relate jobs across the organization.
Job Evaluation Methods: Knowledge of the Hay Job Evaluation Method and experience of making Grade recommendations.
Job Pricing and pay structures: Ability to interpret Remuneration Survey data and draw numerical conclusions.
Reward Management: Knowledge of Reward Management tools & techniques:
-Base Pay Administration and Benefits Administration.
-Incentive and variable pay methods.
-Executive Compensation
-Non Cash compensation methods (for example, stock option plans).
-Benefit need analysis.
-Benefit Plans (for example, health insurance, life insurance, pension, education, health club).
-International compensation laws and practices (for example, expatriate compensation, socialized medicine, mandated retirement)
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