Compensation & Benefits Manager
- DəmirBank ASC
-
Elanın qoyulma tarixi: 26.04.2015Vakansiyaya müraciət tarixi bitmişdir.
İşin təsviri
OJSC DemirBank is seeking a Compensation & Benefits Manager for its Head Office.
Today, more than 25 years on, we provide a wide variety of banking services for our customers as one of the leading banks of our country. By relying on our strong experience in this field, we aim to enhance our customers’ welfare in various regions of Azerbaijan. Therefore, more than 1000 of our employees tirelessly strive to fulfill this aim and we are pleased to state that we are proud of them. We also would like to invite you to join our DemirBank family, where you will see a lively corporate environment and a very friendly staff.
Position Summary
The Compensation and Benefits Manager (C&B Manager) is responsible for designing and implementing compensation and benefits programs that support the Bank's strategic goals. This is an excellent opportunity to join a winning team and develop your career through contributing to the success of one of the leading banks in Azerbaijan.
Reporting to HR Director, this role will focus on developing and maintaining reward and recognition programs, which contribute to the success of HR strategy and business objectives of the Bank. The C&B Manager is responsible for designing, developing and implementing attractive and cost effective employee compensation and benefits solutions. The C&B Manager will provide expert functional advice and guidance to all parts of the business, to ensure on-going competitive, creative remuneration solutions are in place enabling DemirBank to successfully attract and retain talents countrywide.
Main Roles & Responsibilities
• Manage the bonus and merit increase process and scenario simulation;
• Develop, implement and drive all compensation and benefits programs;
• Conduct job evaluations using market data and design appropriate and competitive salary structure;
• Conduct internal and external C&B Benchmarking;
• Work with HR Director to develop/revisit job grades and salary range, conduct and participate in various salary surveys to ensure market competitiveness;
• Implement, monitor, review and contribute to the development of compensation and benefits polices/programs to meet business needs. Ensure internal equity, external competitiveness, compliance to legislative requirement and consistence across the country;
• Direct preparation and distribution of written and verbal information to inform employees of benefits, compensation, and HR policies;
• Administer, direct, and review employee benefit programs, including the integration of benefit programs, identify and implement benefits to increase the quality of life for employees;
• Undertake projects relating to the formulation, development and implementation of salary, benefits and workplace policies;
• Plan, develop and implement a compensation strategy that effectively manages the Bank’s compensation philosophy and programs so that all employees are fairly paid, compensation is in line with the outside market where applicable and that total costs are within Bank’s compensation budget;
• Participate in various market surveys to maintain salaries and salary grade structure within the Bank’s guidelines;
• Administer the Bank’s Long Term Incentive Plans and bonus programs;
• Plan, design and implement programs to effectively communicate the value of benefits to employees and management;
• Provide a remuneration and progression framework to enable talent attraction and retention, whilst developing a clear link between performance, competence and pay;
• Monitor, develop, revise, implement, and administer compensation policies, guidelines and procedures that are cost effective and consistent with compensation trends, and objectives of the Bank;
• Drive annual compensation reviews and provide management insight and recommendations;
• Provide advice and counsel to managers on employee related compensation and benefit issues.
Main Requirements
• University degree in Business Administration, Human Resources or other related discipline (MBA is an advantage);
• Certified Compensation Professional (CCP) or SHRM Certified Professional (PHR) or Senior Professional (SPHR) or Certified Employee Benefits Specialist (CEBS) is preferred;
• Minimum of five years' experience in HR management with at least 2 years’ supervisory experience (exposure to C&B management in financial institutions is an advantage);
• Experience in consulting, developing, recommending, implementing, communicating and evaluating compensation and benefit policies and programs;
• Familiarity with incentive compensation, salary benchmarking, structuring and experience in conducting salary survey and reward analytics is an advantage;
• Sound knowledge of reward management concepts and practices, employment legislation and HR related regulations;
• A team player with strong cross-team collaboration and planning, organization and coordinating capability;
• Excellent communication, presentation and analytical skills;
• Strong coaching and team management skills;
• Strong sense of responsibility and good time management in a fast paced working environment;
• Self-motivated, independent and highly organized;
• Excellent interpersonal skills with positive thinking and open-minded;
• Excellent in Excel and strong knowledge on HRIS management;
• Excellent command of spoken and written English.
Candidates are requested to send their Application Forms/CVs to [email protected] until May 03, 2015.
Please indicate the name of the position (C&B Manager) you are applying for in the subject line of the email.
Otherwise the candidacy will not be considered in the review process of the applications collected.
Please be advised that only shortlisted candidates will be invited to the further stages of the recruitment process.
Above all, we value everyone as an individual and DemirBank’s HR team applies “Equal Opportunities” policy for all candidates. Applicants, who meet the requirements of the vacancy, are not discriminated or victimised due to their age, gender, race, physical appearances, family status, nationality, social status and for political views.
