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Khushhali Microfinance Bank Limited Jobs Manager Compensation & Benefit



Khushhali Microfinance Bank Limited Jobs Manager Compensation & Benefit:

Organization: Khushhali Microfinance Bank Limited

Khushhali Microfinance Bank Limited is looking for Manager Compensation & Benefit for its Corporate Office โ€“ Islamabad.

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Key Responsibilities:

  1. Manpower Planning & Budgeting
    ยท Preparation of manpower plan in discussion with departments to cater the future manpower needs as per business strategy.
    ยท Appropriate budget availability for HR expenses, projects & initiatives.
    ยท Proactive approach on new initiatives, projects, comp & ben proposals etc. budget allocation in annual business plan.
    ยท Preparation of HR Budgets which includes but not limited to Salaries/Wages, Talent Management, Learning & Development, Employee Engagement etc.
    ยท Ensure expense vs budget are within acceptable variances.
    ยท Expenses are within budget and/or fiscal practices are followed for compliance.
  2. Compensation and Benefits
    ยท Propose, implement and administer compensation program across the network
    ยท Developing market competitive salary & benefits, adding value to EVP.
    ยท Responsible for finalization of annual salary review / annual bonus payment proposal.
    ยท Handle grievances with regard to compensation & benefits.
    ยท Propose salary changes for re-profiling & promotion cases.
    ยท Prepare terms and conditions of employment for new hires.
  3. HR Policies & Procedures
    ยท Keep abreast record of HR Policy and Manual
    ยท Proposed updates/changes in procedures to align with new technology and business need.
    ยท Seek guidance / approval from management on different policy/procedure related matters.
    ยท Propose changes in processes to lean, add value and improve the turnaround times.

Educational Qualification
Masterโ€™s Degree or equivalent in HR / Business Administration / Management / Finance from a reputable university/institution. HR Certification will be an added advantage.

Skills/Competencies (Behavioral Skills & Personal Qualities):

ยท Strong Analytical Skills
ยท Excellent Communication Skills
ยท Detail Oriented (Attention to Details)
ยท Interpersonal/Team Skills
ยท Problem Solving Ability
Knowledge Areas / Abilities:
ยท Strong knowledge of HR financials and regulations
ยท Abreast with HR concepts and applications
ยท Strong analytical, interpersonal and communications skills
ยท Proficient with MS Office
ยท Demonstrates openness to change and ability to manage complexities
ยท Consistent work approach with energy, positive & constructive attitude
Specialized Training
ยท Benchmarking, Salary Survey, Remuneration/Benefit Structures
ยท Data Analysis & Forecasting Techniques
ยท Communication Skills

Duration and Nature of Previous Experience:
At least 5 years of relevant progressively responsible HR experience. Minimum 2 yearsโ€™ experience at midcareer level in HR of a commercial bank/ MFI / DFI/ NBFI or corporate/ multinational organization.

Khushhali Microfinance Bank Limited Jobs Manager Compensation & Benefit 1
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Khushhali Microfinance Bank Limited Jobs Manager Compensation & Benefit

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