Mashreq

Manager - Compensation & Benefits, Egypt.Egypt- PR&PR - Overseas (Egypt).People & Intellectual Capital Group-MBEGP

Mashreq  •  Arab Republic of Egypt (Onsite)  •  16 hours ago
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Job Description

Manage the review, implementation and ongoing administration of compensation, benefits and related people policies for Egypt, under guidance from Group Rewards, ensuring market competitiveness, regulatory compliance, operational effectiveness and alignment with Group Rewards frameworks. The job holder should ensure the following job responsibilities:

  • Manage the implementation and continuous improvement of compensation and rewards processes and systems for Egypt, ensuring timely execution, data accuracy, stakeholder readiness and alignment with Group standards, under guidance from Group Rewards.
  • Lead Egypt market benchmarking and external intelligence gathering through banks, consultants and survey providers; translate market trends, statutory developments and competitive insights into actionable recommendations for compensation, benefits and policy decisions, under guidance from Group Rewards.
  • Review and recommend Egypt benefits policies and programs under guidance from Group Rewards, ensuring market competitiveness, cost effectiveness, employee relevance and compliance with applicable labor and regulatory requirements.
  • Ensure Egypt compensation and benefits practices comply with applicable labor law, social insurance, tax, regulatory and internal governance requirements, escalating risks and recommending corrective actions where required.
  • Manage Egypt benefits operations, including medical renewals, vendor coordination, employee communication, claims and escalation oversight, cost monitoring and service quality review.
  • Coordinate with the Job Evaluation and Group Rewards teams on Egypt job evaluations, supporting role documentation quality, timely completion, and alignment with approved grading, titling and organizational governance standards.
  • Own the periodic review and maintenance of the Egypt People Manual, ensuring policies remain current, approved, legally compliant, operationally clear and aligned with Group policy principles.
  • Develop, maintain and periodically review Standard Operating Procedures for Egypt Rewards processes, ensuring clear controls, maker-checker responsibilities, audit readiness and continuity of operations.
  • Work with Employee Experience, Finance, Legal and business stakeholders to implement approved Egypt benefits changes, including communication, system updates, operational readiness and post-implementation issue resolution.
  • Act as the Egypt Rewards subject matter expert for business leaders and People teams, advising on compensation actions, benefits interpretation, policy application, market positioning and employee reward-related matters, under guidance from Group Rewards.
  • Prepare and analyses Egypt Rewards data, cost impact assessments, benefits utilization insights, pay movement trends and management reports to support evidence-based decision-making and governance reviews.
  • Support and coordinate Egypt annual compensation review, bonus and salary planning activities, including data validation, budget tracking, stakeholder coordination, exception review and implementation follow-up, under guidance from Group Rewards.

Support and coordinate Egypt annual compensation review, bonus and salary planning activities, including data validation, budget tracking, stakeholder coordination, exception review and implementation follow-up, under guidance from Group Rewards

Mashreq

About Mashreq

Disclaimer: Mashreq will never ask for your bank related information via phone call, SMS or email. We will also never contact you from a mobile number to resolve your query.

Welcome to the LinkedIn page of Mashreq. More than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services. Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Join Mashreq and find your way to Rise Every Day.

Industry
Finance & Insurance
Company Size
5,001-10,000 employees
Headquarters
Dubai, AE
Year Founded
1967
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