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naukri

Senior Manager - Compensation and Benefits

Qiddiya Investment Company
Riyadh, KSA
Senior
2 months ago
LeadershipStrategic PlanningBudgetingTeam ManagementPerformance ManagementProject Management
Free

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Overview

  • Develop job architecture, grading structures, salary bands, incentive frameworks, and allowance structures tailored to each operating company s business model.
  • Ensure compensation strategies align with organizational strategy, financial constraints, and regional market practices.
  • Design, develop, and recommend benefits programs for each operating company, including medical, insurance, allowances, and statutory benefits.
  • Balance competitiveness, affordability, and sustainability when structuring benefits packages for early-stage companies.
  • Ensure benefits programs comply with local labor laws and regulations across Middle East jurisdictions.
  • Partner with brokers, insurers, and vendors to source and manage benefits solutions.
  • Work closely with external compensation consultants and survey providers to obtain reliable market data and benchmarks.
  • Analyze market data to inform compensation structures, pay positioning, and benefit offerings for different industries and geographies.
  • Partner with the HR Incubation team to support the setup and launch of new subsidiary companies.
  • Act as a subject matter expert to HR Business Partners and leadership teams on compensation and benefits matters for OpCos.
  • Prepare presentations, business cases, and recommendations for senior leadership and governance committee.

Skills & Competencies

  • Strong expertise in compensation and benefits design within start-up, or rapid-growth environments.
  • Experience working in a matrixed environment
  • Experience in job evaluation from trusted international methodologies
  • Deep understanding of Kingdom of Saudi Arabia and wider GCC labor laws, compensation practices, and benefits structures.
  • Strong analytical skills with the ability to interpret market data and translate insights into practical frameworks.
  • Project management skills with an ability to develop frameworks & trackers (RACIs etc)
  • Proven ability to work with ambiguity and build structures from scratch.
  • Excellent stakeholder management and communication skills.
  • Commercial mindset with strong cost and financial awareness.

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