Senior Manager – Total Rewards

Job ID: 14263

Sector:

People

Location: NEOM, Saudi Arabia

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-generation 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, diversity, 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 generations to come? Then we want to hear from you!

ROLE OVERVIEW

Oversee the development, implementation and managing the Total Rewards Strategy for NEOM. Responsible for ensuring that rewards programs are comprehensive and enable the organization to attract, motivate, and retain employees while aligning with the organization’s goals and objectives. Works with senior leadership, HR Departments, other internal and external stakeholders in ensuring that NEOM reward strategy is effective and competitively elevates the Employee Value Proposition.

ROLE COMPETENCIES & ACTIVITIES

The Senior Manager – Total Rewards responsibilities will include, but not be limited to:

Strategy and Planning

• Lead the development of comprehensive and competitive total reward strategies.
• Prepare NEOM’s total reward budget in collaboration with Finance and other stakeholders.
• Conduct regular market benchmarking on all aspects of reward and ensure any recommendations are supported by strong market data. Design the framework NEOM’s Employee Value Proposition (EVP).

Compensation Management

• Develop and implement robust reward programs that align with NEOM’s overall strategic objectives covering all aspects of compensation: Base Pay, Variable Pay and Incentive Plans.
• Implement reward programs that are equitable and in alignment with NEOM goals and market trends.
• Conduct annual salary reviews, uplifts, merit increases, and bonuses.
• Conduct regular analysis and benchmarking of compensation programs to ensure competitiveness and cost-effectiveness: propose and justify any recommendations to be adopted.
• Differentiating pay systems to invest in the segments of the workforce that contribute the most value.
• Provide guidance and support to HR teams and managers on compensation and benefits matters, including salary recommendations, job evaluations, and total rewards communication.
• Advice on executive compensation, hiring and contract renewals.
• Lead the design and manage the implementation of STI, bonus deferrals, LTI schemes.
• Lead the design and manage the implementation of Flexible Benefits.

Nominations and Remuneration Committee (NRC)

• Prepare all employee reward-related materials for NEOM NRCs. Document approvals and lead the implementation on any resolutions made.

Recognition Programs

• Design and implement recognition programs that reinforce NEOM’s desired behaviors, foster employee engagement and enhance employee morale.
• Design the framework and guidelines of NEOM’s Long Service Awards.

Benefits Management

• Design and manage employee benefits programs including health and wellness, retirement plans, insurance and other benefits.

Performance Management

• Develop and implement performance management practices that support a performance driven culture.
• Ascertain that the performance management approach demonstrably recognizes employee contributions.
• Provide guidance with HR and business leadership on managing performance that has not met expectations.

Policy, Governance and Compliance

• Ensure rewards practices comply with current KSA Labor Law (pay equity, human rights, etc.)
• Stay updated on relevant legislation and regulations related to compensation and benefits, ensuring compliance and appropriate governance.

Culture and Values

• Embrace NEOM’s culture and Values Learn more about NEOM’s Values
• 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

• 10+ years of relevant experience in Total Reward
• 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 human resources and CIPD or S/PHR, SHRM-CP, SHRM-SCP, CCP, CEBS certifications are a plus.
• Relevant bachelor’s degree.
• Relevant Professional Memberships/Accreditation.

NEOM is committed to attracting and retaining the highest caliber of employees to support NEOM’s vision, mission and strategy. NEOM sources the best candidates based on fit for the role and searches local and global markets to identify talent.

NEOM is an equal opportunities employer. All qualified applicants will receive consideration for employment without regard to gender, disability, age, or any other form of discrimination/other characteristic protected by applicable local laws, regulations and ordinances.

As part of our recruitment process, NEOM will undertake reference checks to confirm suitability for the role. All offers of employment are subject to references, evidence of all qualifications and awards, and other background checks being satisfactorily completed. Additionally, all offers are subject to the candidate being able to successfully obtain a work visa to enter and work in the Kingdom of Saudi Arabia.

This job description is not an exhaustive list of duties and responsibilities. The employee may be required to perform additional job-related tasks and duties as assigned. To meet NEOM’s objectives and business needs, the work location is subject to change. Non office-based roles involve outdoor activities. Candidates should be prepared to work outdoors and on construction sites as part of their job responsibilities.

NEOM uses artificial intelligence as part of its recruitment process to assist and enhance efficiency. However, all final hiring decisions are made by human recruiters, ensuring that NEOM’s employment process remains fair and transparent.

The actions of our team should always support the NEOM Values