Compensation & Benefits Advisor BR_035 (Aberdeen)

Borr Drilling deliver high quality drilling operations in hydrocarbon basins around the world. We do it safely – and efficiently. Our modern fleet of rigs and capable organization will deliver safe and high-quality drilling operations to our customers. With a strong and experienced organizational culture, combined with a unique capital structure, Borr Drilling is built to make a difference.

Role Summary

Responsible for the implementation, administration, communication, governance and oversight of all compensation programs and processes for the Company, in support of strategic business objectives.

Responsibilities

  • Implement the organization’s Compensation strategy in consultation with Management.
  • Work on Salary Structure, Salary Budget proposal in line with business requirement and Global compensation guidelines.
  • Participate in annual remuneration surveys while aligning with the globally agreed terms of the contract with survey vendors.
  • Support the countries with their country specific survey participation and obtain the results via published reports.
  • Perform forecasting and modelling as needed; stay abreast of compliance requirements; assist with formulation of recommendations to administer programs in a compliant manner.
  • Support recruiters, providing market total compensation analysis and recommendations; consult to recommend consistency in the compensation program.
  • Lead the preparation of employee compensation communications and guidelines and policies for the implementation of the compensation programs.
  • Perform benchmarking, development of program concept design and analysis, summary preparation for program approvals, program delivery and assessment, and conduct on-going program administration.
  • Support specific country activities related to Employee Benefits, e.g. medical insurance, workmen’s compensation, EOSB (End of Service Benefits) etc.
  • Responsible for the administration of all employee benefits.
  • Support the renewal process of all employee benefits.
  • Focal Point for administration and monitoring of any Company Pension schemes.
  • Responsible for ensuring that all employee benefit details are maintained with the HRIS.
  • Provide Marketing with personnel manning costs in support of Tenders.
  • Liaise with Finance in respect of PIT of employees.
  • Responsible for the issuance of Tax Letters to eligible overseas employees.
  • Assist management in ensuring the correct data is held within the electronic Stock Option Database.
  • Assist management during the Annual Bonus Process.

Qualifications

  • Significant experience in a Compensation & Benefits role, preferably in an international matrix organization.
  • Experience in position evaluation, base pay administration, bonus plan design, stock options and benefits administration.
  • Experience with local, regional and global laws and regulations in the field of Compensation & Benefits.
  • Work experience abroad or international business/ project experience an advantage.
  • HRIS experience – Workday is a plus.

Applications must be sent to hrdubai@borrdrilling.com along with the following job reference mentioned in the subject “Compensation & Benefits Advisor BR_035”