Company Description
Masdar is the UAE’s clean energy champion and one of the largest companies of its kind in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges. Established in 2006, Masdar is today active in over 40 countries, helping them to achieve their clean energy objectives and advance sustainable development. Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala), and Abu Dhabi National Energy Company (TAQA), and under this ownership the company is targeting a renewable energy portfolio capacity of at least 100 gigawatts (GW) by 2030 and an annual green hydrogen production capacity of up to 1 million tonnes by the same year.
Job Description
Join us in our mission to redefine the employee experience at Masdar. As the architect of our total rewards strategy, you'll lead the charge in creating a workplace where equitable and competitive pay and benefits are the norm. Your role will involve developing and implementing exciting reward projects that will shape our global offices while staying aligned with the best industry practices. You'll take charge of the entire rewards cycle, using data-driven insights to make sure every decision counts when it comes to talent acquisition and contract renewals. If you're passionate about empowering employees through exceptional rewards, this is your chance to make a meaningful impact. Join us, and let's create a brighter future together
Performance Rewards and Bonus Cycles
- Manage annual pay/promotion/bonus review, salary surveys, and benchmarking.
- Prepare relevant information, calculations, costs, templates, and analyses for performance reward and bonus cycles.
- Propose annual bonuses to employees and provide cost structures for approvals.
- Prepare and complete templates and documents for performance reward and bonus exercise.
Development of Reward Structures
- Utilize best practices to develop competitive and effective reward structures.
- Stay updated on industry trends and conduct market analysis for benchmarking.
Management of Incentives
- Provide guidance on executive reward and incentive programs.
- Collaborate with business leaders on performance-based incentive plans.
Full Reward Cycle and Analyses
- Manage the end-to-end reward cycle for all employment categories.
- Monitor salary structure and benefits for cost control and employee retention.
- Ensure accurate job evaluations and employee grades.
Compensation and Benefits Improvement
- Identify pay and benefits trends and provide recommendations.
- Manage compensation and benefit surveys and recommend changes based on benchmarking studies.
- Recommend enhancements to existing policies and procedures.
Performance Monitoring
- Track and monitor financial performance against the HC manpower budget.
- Report variances to HC management for corrective action.
Contribution to Reward Strategy
- Contribute to total reward projects and long-term incentives.
- Provide advice on pay decisions and policy interpretation.
Stakeholder Management
- Ensure smooth relationships with service providers.
- Manage key relationships/negotiations with stakeholders when required.
Continuous Improvement
- Contribute to the improvement of systems, policies, and procedures.
- Complete relevant reports accurately and in a timely manner.
Qualifications
Preferred Qualifications:
- MBA or relevant Master’s degree from a top-tier internationally recognized higher education institution
- Bachelor's degree in Human Resources, Business Administration or equivalent
Additional Information
Preferred Experience:
- 6-8 years of experience in mid to senior roles rewards in large multi-national companies or an equivalent experience
- A minimum of 3 years of experience in compensation and reward management, with a focus on Korn Ferry methodologies and practices
- Proven expertise in developing and implementing effective compensation strategies that drive organizational performance.
- Job-Specific Skills: Communication, cross-functional management, multi-cultural experience, Middle East market knowledge, project management, data analysis, change management, compensation and benefits surveys, attention to detail.
Masdar is one of the world’s fastest growing renewable energy companies and a green hydrogen leader, placing the UAE at the forefront of the energy transition.
As a pioneer in advancing the clean energy sector and a key enabler of the UAE’s vision as a global leader in sustainability and climate action, Masdar has developed projects in more than 40 countries across six continents and has invested, or committed to invest, in worldwide projects with a combined value of more than US$30 billion.
Masdar unites the UAE’s three energy champions – Mubadala, ADNOC and TAQA – and will utilize their combined expertise to fulfill its purpose as a global clean energy pioneer across renewables and green hydrogen.
Promoting innovation in solar, wind, energy storage, waste-to-energy, and geothermal energy, Masdar has a proven record of delivering pioneering projects using cutting-edge clean energy technologies, that are commercially viable and bankable.
