Vice President of Compensation and Benefits
1 month ago
Position Overview
This role is critical in overseeing the organization's compensation and benefits framework, ensuring alignment with strategic objectives and compliance with regulations.
Key Responsibilities
- Strategic Development: Formulate and implement a holistic compensation and benefits strategy that supports the overarching goals of Aldar.
- Compensation Structure Management: Oversee the group compensation and benefits framework, including necessary modifications and updates in accordance with the Delegation of Authority (DOA).
- Program Leadership: Spearhead the design, execution, and oversight of compensation initiatives, ensuring they meet organizational needs.
- Market Analysis: Conduct thorough market research and analysis to maintain the competitiveness and cost-effectiveness of Aldar's compensation and benefits offerings. Stay abreast of industry trends and best practices.
- Competitive Assessment: Evaluate the organization's competitive positioning in relation to peer groups and perform regular benchmarking of pay philosophies.
- Strategic Guidance: Provide insights and recommendations to senior management on compensation issues, including salary frameworks, pay equity, incentive structures, and executive remuneration.
- Internal Equity Analysis: Collaborate with the Talent Acquisition team to ensure fair compensation for new hires based on established internal practices.
- Job Evaluation: Assess job evaluation scores for unique positions to ensure alignment with the compensation and benefits framework.
- Long-Term and Short-Term Incentives: Manage the Long-Term Incentive (LTI) and Short-Term Incentive (STI) programs, ensuring compliance with established policies regarding share liquidation.
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Abu Dhabi, Abu Dhabi, United Arab Emirates Aldar Properties PJSC Full timeJob SummaryAldar Properties PJSC is seeking a highly experienced Vice President – Compensation and Benefits to lead the development and implementation of the company's compensation and benefits strategy. The successful candidate will be responsible for ensuring that the company's compensation and benefits structure is aligned with its overall business...
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Vice President of Compensation and Benefits
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