Role summary
The role holder is responsible for developing and maintaining executive compensation and benefits structure ensuring stc executive rewards remain competitive against industry competitors. Additionally responsible for developing and implementing financial and non-financial recognition programs for executives, operating in accordance with established business policies and procedures.
Responsibilities
- Develop and maintain compensation and benefits structure including rating scales, salary structures, and benefits strategy mapped to executive position grading structures
- Develop and maintain executive bounce strategy
- Develop and maintain executive total reward packages linked with grading structure
- Develop, maintain and implement financial and non-financial recognition programs for executives
- Implement retention programs for executives
- Participate in job evaluation committee sessions and evaluate stc executive positions with committee members
- Implement compensation and benefits strategies, policies and procedures
- Ensure consistency of total reward packages offered across all stc executives
- Conduct periodic salary surveys and analyze executive total reward surveys across the Kingdom and GCC countries
Education
Bachelor degree in Business Administration or any other relevant major
Experience
Minimum 5 years of relevant experience in telecom industry in rewards role