Compensation & Benefits Manager

Job Description

The C&B managers work with hiring managers, recruiters, and other humanresources personnel to ensure that job offers are both based on market rate and have internal equity; the C&B managers must evaluate every position and determine the proper market value for that job.

Responsibilities:

• Provide guidance to the business and develop creative solutions on a variety of total compensation issues including the setting of appropriate pay levels, base pay, annual incentive pay, and stock compensation.
• Analyze wage and salary reports, and create a comprehensive and competitive compensation program that is industry-specific and aligns with organizational objectives.
• Achieve HR financial objectives by anticipating requirements, submitting information for budget preparation, scheduling expenditures, monitoring costs, and analyzing variances.
• Design compensation and benefits services and strategies, make recommendations and prepare proposals for new and improved programs based on institutional needs and/or societal changes.
• Identify, select, and participate in compensation surveys to analyze the company's competitive market position for each in-country location.
• Review and develop new programs and/or existing plans to enhance retention and reduce unwanted turnover, while analyzing cost and making recommendations on cost sharing.

Requirements:

• Professional knowledge of Iran's labor law regulations.
• Ability to effectively manage communication and relationships in matrix organization structure.
• Extremely strong analytical and quantitative skills and a track record for planning, leading, and auditing work.
• Ability to seek out information, clearly communicate information and requests, and provide quality advice.
• Highly detail-driven with an emphasis on accuracy, coupled with the ability to see the wider picture.
• Ability to create tools and models to interpret and analyze data.
• Ability to work under pressure.
• Fluent in English.
• Bachelor's degree in Management, preferably in HRM.
• Over 5+ years of relevant experience in HR compensation and benefits with an in-depth knowledge of core compensation terminology and best practices.