Total Rewards Senior Specialist

Al Rajhi Bank
Riyadh
SAR 200,000 - 300,000
Job description

Total Rewards Senior Specialist



Job Description



Main Duties and Responsibilities:

  1. Prepare annual budgets and forecasts based on organizational priorities and financial data.
  2. Prepare annual reviews on increments, bonuses, and other rewards to ensure a performance-oriented culture.
  3. Conduct salary benchmarking and market analysis to ensure compensation is aligned with industry standards.
  4. Evaluate and recommend changes to benefits offerings to stay competitive within the Fintech industry.
  5. Ensure that all compensation and benefits programs comply with relevant laws and regulations.
  6. Partner with the HR team and department heads to align rewards strategies with talent management and retention goals.
  7. Ensure maintaining internal equity pay and provide solutions to enhance the pay practices.
  8. Analyze historical financial data, future projections, and market trends to support accurate budget forecasts.
  9. Support the development and continuous improvement of policies related to compensation, benefits, and rewards.
  10. Conduct annual salary reviews, uplift, merit increases, and bonuses.

Qualifications, Experience, & Skills:

  1. Bachelor’s Degree Required.
  2. Similar work experience.

Job Location: Riyadh, Saudi Arabia

Job Role: Human Resources and Recruitment

Years of Experience: Min: 3 Max: 4

Residence Location: Riyadh, Saudi Arabia

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