Lead Compensation And Benefits Specialist

Lead Compensation And Benefits Specialist

14 Feb
|
General Electric (GE)
|
United Arab Emirates

14 Feb

General Electric (GE)

United Arab Emirates

Lead Compensation and Benefits Specialist - MENAT Role Summary This role will provide analytical and other professional level support to the compensation function for Power This role will help lead in the design implementation communication and administration of competitive compensation programs that align with the business plans goals and objectives of our clients Essential Responsibilities Support Alignment of C B programs with companys business strategy for the region Collaborate with Global Compensation Programs and Regional C B Leads to support annual incentive compensation plan cycle annual bonus roll-out annual bonus pay-out on-going bonus queries Manage external Market Data and support development of salary structures Create innovative ways to deliver compensation education analysis and products Periodically review and assess internal pay competitiveness across business functions and bands identify inequities and recommend appropriate adjustments Monitor and review changes in compensation laws and regulations periodically reviews programs and processes for compliance Potentially support the management of variable incentive compensation programs including participant tracking payout calculations and payment processing and administration Advise regional HR Manager on the implementation and execution of global policies Location is flexible but preferably in cities regions with key GE presence GE Power relocation policy and approval process will be applicable REQUIREMENTS QualificationsREQUIREMENTS Bachelors degree from an accredited university or college or a high school diplomaGED with at least 4 years of experience in a human resources or compensation position At least 3 additional years of experience in compensation or in HR with functional knowledge of compensation concepts systems and administration Desired Characteristics Bachelors degree in Business Finance or Human Resources is preferred Prior experience with HR practices and applicable regulatory knowledge is preferred Prior knowledge of REWARD desired Strong analytical and quantitative skills Strong PC skills including MS Office and strong database skills Excel Strong project management skills Strong oral and written communication skills Strong interpersonal and leadership skills Ability to work in complex matrixed goal-driven organizations with a specific track record of working effectively with all levels of management

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