Rewards Analyst

Essential Functions

This role involves comprehensive manpower planning and budgeting responsibilities including an assessment of current staffing to align skills and numbers with the organization's short- and long-term requirements. You will analyze key HR cost components such as recruitment and reward schemes to ensure manpower demands are met effectively. Maintaining organization charts as per approved plans and contributing to HR manpower budgets are key duties.

Compensation and Benefits

You will assist in developing compensation and benefit policies and systems aligned with the company's goals. This includes recommending improvements for benefit schemes, setting wage and salary frameworks, and evaluating pay-for-performance programs to maintain cost effectiveness. Monitoring market trends and competitor benefits to inform reward package adjustments is also critical.

HR Analysis, Reports, and Proposals

The role requires producing detailed reports and recommendations regarding HR best practices using recognized trends to propose viable organizational development approaches. Conducting thorough HR analysis to shape effective manpower and development processes is expected.

Continuous Development of Position

Keeping abreast of evolving HR policies, systems, and trends is necessary to suggest strategic enhancements supporting organizational growth objectives.

Qualification and Experience

• Bachelor's degree in Business Management, Human Resources, or related field; professional HR certification like CIPD or SHRM preferred.
• Two to three years of versatile HR experience, ideally in the Oil & Gas sector or similar industries.
• Strong proficiency in data analytics to support HR decision-making processes.