Compensation and Benefits Specialist

İşin təsviri

OJSC DemirBank is looking for a Compensation and Benefits Specialist for its Head Office.

Position Summary:

As part of the team, you'll be working closely with Compensation and Benefits Manager to assess personnel needs and draft targeted programs that will increase performance, organizational trust and satisfaction.

Main Roles & Responsibilities:

 Define a fair, equitable and competitive total compensation package that fits and is aligned to our Bank’s strategy and business goals;
 Develop a consistent compensation philosophy in line with work culture and organizational objectives;
 Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc.);
 Use various methods and techniques and make data based decisions on direct financial, indirect financial and nonfinancial compensations;
 Assess employees needs by conducting organizational psychology surveys to find out what motivates and engages employees;
 Prepare job descriptions, job analysis, job evaluations and job classifications;
 Participate in salary and labor market surveys to determine prevailing pay rates and benefits;
 Differentiate pay systems to invest in the segments of workforce that contribute the most value;
 Deploy effective communication strategies and success metrics;
 Conduct ongoing research into emerging trends, issues and best practices;
 Conduct periodic attendance audits and prepare reports;
 Oversee competitive analysis, merit increases and salary structure;
 Analyze surveys to ensure appropriate compensation across all departments and branches;
 Conduct analysis of compensation and benefits within the Bank.

Main Requirements

 Prior experience in HR practices and compensation cycle management;
 Working knowledge of job evaluation and job analysis systems;
 Previous experience with organizational psychology and labor market surveys;
 Adequate knowledge of current labor rules and regulations;
 Familiarity with various types of incentives and benefits;
 Extensive knowledge of HRIS and MS Office;
 Strong quantitative and analytical skills;
 University degree in human resources, business administration or finance;
 Advanced PowerPoint skills required;
 Excellent presence in presentation situations;
 Domestic travel may be required;
 Excellent written (e-mail) and verbal (phone) skills;
 Excellent communication and English language skills (oral and written);
 Excellent knowledge in Excel.

Candidates are requested to send their Application Forms/CVs to hr@demirbank;az until January 16, 2015; Please indicate the name of the position (Compensation and Benefits Specialist) 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.

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