Total Rewards Manager
OVERVIEW
NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next- infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.
As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.
As a workplace, it is a place for people who share our core values of care, curiosity, , passion, respect, and becoming a catalyst for change.
Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits to come? Then we want to hear from you!
ROLE OVERVIEW
Develop and direct implementation of compensation programs that provide a competitive level of pay, motivation, and reward to employees. Develop and recommend salary policy lines and administrative procedures. Develop and recommend incentives, cash programs (salaries, bonus) and cash-equivalent programs. Monitor competitive trends in compensation and identify the organization's position compared to other employers and conduct and participate in surveys. Monitor the effectiveness of programs and recommend modification
ROLE COMPETENCIES & ACTIVITIES
The Total Rewards Manager responsibilities will include, but not be limited to:
Annual Pay and Benefits Review
- Support the delivery of the annual review; provide relevant payroll, market pay, and employee engagement analyses and insights; draft employee communications and management briefings; prepare line-management decision-making tools.
Compensation and Benefits Program Design
- Develop and manage the delivery of employee compensation structures and benefit programs, ensuring the needs of internal stakeholders are met and ensuring compliance with legal requirements.
Executive Reward Program Design
- Develop and manage the delivery of annual and long-term executive compensation programs, providing effective support to the remuneration committee and ensuring that all regulatory and legal requirements are met.
Incentive Program Design
- Support the design and delivery of employee incentive programs; provide relevant financial, operational, and business performance analyses and insights; draft elements of the technical design; draft internal management reports.
HR Data Management
- Contribute to the development and testing of HR data collection forms or questionnaires in a specific area of expertise to ensure the collection of relevant data in line with defined requirements.
Leadership and Direction
- Explain the local action plan, to support team members in their understanding of what needs to be done, and how this relates to the broader business plan and the organization's strategy, mission, and vision; motivate people to achieve local business goals.
External Consultant or Contractor Engagement
- Prepare briefings and information for external consultants or advisers to support the delivery of key projects and/or ad hoc services. Monitor and evaluate outcomes and recommend remedial actions where necessary.
Culture and Values
- Embrace NEOM’s culture and Values https://www.neom.com/en-us/about
- Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
- Maintain fair, ethical and professional work practices in accordance with NEOM’s Values and Code of Conduct.
EXPERIENCE & QUALIFICATIONS
Knowledge, Skills and Experience
- 7+ years’ experience in Total rewards practices
- Ability to work with limited supervision.
- Strong writing, analytical skills, and organizational skills
- To manage records and data and meet deadlines.
- Advanced data skills and experience with excel and SAP.
- Sound knowledge of KSA labor laws regulating compensation and privacy standards.
- Strong analytical (modeling, regression analysis, etc.) and financial skills with the ability to analyze data, evaluate programs, and make data-driven recommendations.
- Ability to collaborate with senior leaders, department heads, and other key stakeholders to gain buy-in and support and build relationships to facilitate successful implementation.
Qualifications
- Bachelor’s degree in relevant field.
- CIPD or S/PHR, SHRM-CP, SHRM-SCP, CCP, CEBS certifications are a plus.