Total Rewards & Benefits Specialist

Job description / Role

Job Description

You are about to apply for a job at a certified top employer in 2024! Ready to be part of one of the market leaders in Egypt? Apply now!

Raya Holding for Financial Investments is hiring a senior specialist (total rewards & benefits).

What will you do?

• Oversee the corporate total rewards system, including designing and implementing compensation structures, salary scales, and ensuring consistent application across all Raya business lines.
• Manage monthly payroll and expense processes, including processing changes, reviewing accuracy, and finalizing payroll bank transfers.
• Audit salary practices to ensure alignment with company compensation policies, labor laws, tax regulations, and social insurance requirements.
• Develop and periodically update Raya's compensation and benefits policies to reflect market trends and best practices.
• Prepare the annual HR business plan and collaborate with the RH finance team to monitor and control monthly HR budgets and expenses.
• Evaluate and negotiate corporate offers, including pricing, discounts, and terms, to secure exclusive deals and align benefit schemes with market standards.
• Lead employee awareness campaigns to communicate available benefits, including planning, writing, and designing detailed announcements for new or updated services.
• Manage all insurance plans (medical, life, etc.), ensuring timely coverage for employees and staying aligned with market updates.
• Oversee contract renewals for corporate benefits, handling necessary procedures in coordination with Raya's lines of business HR team members.

Skills

• Ownership
• Functional skills
• Ideas presentation and taking initiative
• Continuous learning
• Customer centricity
• Excellent data analysis capability
• Excellent proficiency in Microsoft Office products (Excel, Visio, Word, and Projects)
• Advanced knowledge in compensation practices
• Full knowledge in benefits policies and practices
• Excellent data reporting skills
• Proficient in English
• Proficient in Arabic

About the Company

Raya Holding for Financial Investments, a leading investment conglomerate, established in 1999 in Egypt with a vision to be a market leader and to grow into a solid financial conglomerate with multifaceted operations.

Headquarter located in Cairo, Egypt; Raya Holding is managing a diversified investment portfolio of 13 lines of business in the various industries of e-payment, information technology, contact center, smart buildings, consumer electronics, food and beverage, land transport, PET remanufacturing, automotive, FMCG and home appliances

Raya Holding is listed in the Egyptian Exchange (EGX) since 2005, while the company empowers more than 12,000 proficient employees, accommodating to a wide international customer base from offices based in Egypt, Saudi Arabia, UAE, Qatar, Poland, Nigeria and Tanzania.

Raya's Lines of Business include; Aman for e-payments, Aman for Financial Services, BariQ, Ostool, Raya Contact Center, Raya Foods, Raya Information Technology, Raya Food Trading, Raya Restaurants, Raya Smart Buildings, Raya Trade, Raya Auto and Haier - Raya Electric.