Job Description

About the Company

This company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia.

This role required candidate to permanently relocate at Dhahran, Saudi Arabia.

Job Summary

Executive Development & Compensation reports directly to the President & CEO, and is responsible for matters pertaining to development & compensation for Corporate, Executive & General Management level employees. Employees are assigned to one of the three specialties: Benefits, Compensation, or HR Policies. In all three areas, incumbents provide policy interpretation and consultative services to Management and function under very limited direction and supervision. Positions require expert knowledge of company policies, practices, organization and Saudi Government regulations pertaining to human resources. Incumbents may frequently be required to train and/or direct the activities of lower classified analysts This position specifically focuses on executive compensation and benefits and includes development of policies as well as execution of the approved policies, plans and programs. This position is responsible for development of materials presented to the Board of Directors of the Saudi Arabian Oil Company.

Responsibilities:

• Conduct comprehensive studies, surveys, and research
• Develop complete policy proposals, including comparative costs, and present to all levels of management
• Coordinate implementation of approved programs including forms and instructions
• Advise and counsel management on proper interpretation of policies
• Provide functional staff guidance for various programs to which assigned
• Participate in or conduct meetings/discussions relative to specialty area as well as related policies and procedures
• Participate in negotiation sessions and deal independently with representatives of Saudi government agencies, or other organizations in the coordination of work activities
• Evaluate policies and develop proposals for achieving a higher degree of effectiveness
• Consult with representatives of Saudi government, US government, other companies, other government agencies relative to developing data, exchanging information and developing background comparative information
• Promote and explain Company policies and practices
• Travel worldwide as required.

• Willing to permanently relocate at Dhahran, Saudi Arabia.
• Hold a minimum of Bachelor of Science Business and Management (Human Resources or Occupational Psychology)
• Have at least 9 years\' experience in the field, five of which should be in the specialized field
• Preferably have previous executive compensation and benefits experience
• Have experience interacting with senior company executives and members of the board of directors
• Have experience developing total rewards strategy for executives as well as policies related to compensation, benefits, and perquisites designed to fairly reward company executives, encourage their contribution to achieving business objectives, and retain top talent.

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