Total rewards analyst

6 days ago


Manama, Manama, Bahrain RESO Full time
Job Summary: Designs, implements, and manages Total Rewards programs, ensuring competitive, equitable, and performance-driven compensation structures. Analyzes market data to maintain pay competitiveness and compliance while supporting broader total rewards strategies through data-driven insights and reporting. Job Description: Compensation Strategy & Program Design: Supports the development and execution of holistic total rewards programs, including base pay, incentives, and recognition programs that align with organizational strategy and enhance employee engagement and retention. Job Analysis & Evaluation: Conducts job evaluations and assessments to ensure internal pay equity and role alignment. Reviews job descriptions, responsibilities, and qualifications to establish a clear and fair compensation structure. Market Benchmarking & Pay Equity: Leads or supports compensation benchmarking studies to compare organizational pay practices with market trends, ensuring that pay structures remain competitive and aligned with business objectives. Compensation Administration & Governance: Supports the administration of annual merit cycles, promotions, salary adjustments, and incentive payouts, ensuring compliance with total rewards governance frameworks. Data Analytics & Insights: Collects, analyzes, and interprets total rewards data, providing actionable insights on compensation trends, cost projections, and workforce analytics to drive strategic decisions. Total Rewards Budget Management: Assists in developing and managing the total rewards budget, including forecasting costs related to salaries, incentives, and benefits, ensuring alignment with financial constraints and business priorities. Performance & Rewards Integration: Supports the alignment of performance management frameworks with compensation programs, ensuring a strong connection between pay-for-performance strategies and business outcomes. HR Systems & Compensation Technology: Utilizes HRIS and total rewards systems (e.g., Oracle HRMS) to streamline compensation administration, reporting, and analytics, ensuring data accuracy and compliance. Academic & Professional Qualifications: Bachelor's degree in Human Resources, Business Administration, Finance, or a related field. Professional certifications such as SHRM-CP or CIPD Level 5 are preferred. Years of Experience:3 – 4 years of experience in total rewards role. Skills & Competencies: Strong understanding of total rewards frameworks, compensation design, and incentive structures. Experience with salary surveys, benchmarking methodologies, and pay equity analysis. Proficiency in HRIS systems, preferably Oracle HRMS or similar platforms. Strong analytical, problem-solving, and decision-making skills. Understanding of local labor laws and compliance requirements. High attention to confidentiality, integrity, and accuracy in handling compensation data.
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