Sr. Manager Total Rewards

2 days ago

Lahore, Punjab, Pakistan Fatima Group Full time $104,000 - $130,878 per year

Position Summary:

Senior Manager Total Rewards will be responsible for designing, implementing, and managing comprehensive total rewards strategies that support the organization's strategic objectives. This role requires a seasoned professional with extensive experience in compensation and benefits, strategic planning, and international exposure. The ideal candidate will have a proven track record of successfully managing total rewards programs in a complex, global environment.

Key Responsibilities:

Strategic Leadership:

  • Create and execute total rewards strategies that align with the organizational goals of Fatima Group. This includes designing compensation structures and benefits programs that meet local market needs and reflect global best practices, ensuring competitiveness in attracting top talent.
  • Develop and drive the Annual Operating Plan (AOP) for total rewards, ensuring alignment of budgeting and resource allocation with strategic priorities and business objectives.

Oversee Compensation Structures:

  • Manage all aspects of compensation, including salary scales, incentive programs, and bonus structures. Analyze market trends and internal equity to develop a competitive compensation strategy that rewards performance and aligns with the company's strategic objectives.

Design and Manage Employee Benefits Programs:

  • Lead the design and administration of employee benefits programs, ensuring they are competitive, compliant, and meet the diverse needs of employees. Evaluate health, wellness, retirement, and other benefits offerings to provide value to the workforce while aligning with financial objectives.
  • Spearhead the development and implementation of Employee Wellness Programs that promote physical, mental, and emotional well-being, fostering a healthy and engaged workforce.

Conduct Market Research and Benchmarking:

  • Conduct regular market research and benchmarking to ensure total rewards offerings remain competitive. Analyze industry trends and competitor practices to make data-driven recommendations for enhancements to compensation and benefits programs.

Collaborate with Senior Leadership:

  • Work closely with senior leadership to align total rewards strategies with business objectives. Integrate the total rewards philosophy into the broader organizational strategy, ensuring all initiatives support the company's mission and vision.

Performance Management:

  • Partner with business leaders to develop and implement effective performance management systems that align individual and team performance with organizational goals.
  • Oversee and continuously improve the performance management process, providing tools and resources to managers to effectively evaluate and develop their teams, driving engagement and high performance.

Qualifications & Experience:

  • A Master's degree in Human Resources or a related field, such as an MBA, is required to ensure a strong foundation in strategic HR management.
  • years of progressive experience in total rewards, compensation, and benefits management, with a proven track record of success.
  • Significant international exposure, with experience managing total rewards programs across different countries and cultures, is highly desirable.
  • Strong analytical skills for interpreting data and driving compensation and benefits decision-making.
  • Excellent communication and interpersonal skills to influence and collaborate with stakeholders at all organizational levels.

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