Icebolethu Group is an Authorised Financial Service Provider FSP45714 and a Level 1 BBBEE Contributor is South Africa's second largest Funeral Assurance Group. Winner of the Standard Bank KZN - Top Brand award for 2022, we provide a centre of excellence and a leading provider of dignified burial solutions. Icebolethu Group is currently in search of an Assistant Manager: Remuneration and Benefits who will develop, maintain, communicate, and manage remuneration and benefits strategy, policies, procedures, and practices in order to support the Organization's strategic objectives by enabling the business to attract and retain talented individuals whilst ensuring maximum benefit realisation for the organization and continuously enhancing the Employee Value Proposition.
QUALIFICATIONS, EXPERIENCE & COMPETENCIES
Minimum Qualifications: - Degree in Commerce / Human Sciences
- Postgraduate Degree in Commerce / Human Sciences with Statistics is preferred
- Registration with South African Rewards Association as a Remuneration Specialist and/or South African Board for People Practice is preferred
- Global Remuneration Practitioner (GRP) certification is essential
Experience and Knowledge Required: - 8-10 years of experience in Remuneration and Rewards / Benefits management in a corporate environment.
- Minimum of 5 years of experience in a supervisory/managerial role
- Knowledge of all relevant employment and remuneration legislation and statutory requirements
- Knowledge of corporate HR reward systems, practices, and structures
- Understanding of current Tax and Labour legislation including governance and risk principles
- Exposure in remuneration analyses, modelling, and policy development
- Job evaluation system, preferably Paterson Grading System
- Advanced Excel, MS Office, and MS Project
Key Competencies: - Research and surveying techniques
- Conflict management skills
- Negotiation skills
- Understanding the client’s business
- Customer service
- Excellent written and verbal communication skills
- Integrity and confidentiality
- Operational Excellence
- Prioritization and resources allocation
- Judgement
Key Performance Areas:
Formulation and Implementation of Remuneration Strategy, Policies, and Procedures: - Facilitate and coordinate the job evaluations/gradings through the job evaluation committee to ensure internal and external equity.
- Communicate and educate/train relevant stakeholders regarding job evaluation systems and practices.
- Implement and manage job grading structure.
- Update and maintain organization structures and headcount reports.
- Implement the ratified job grading outcomes.
Managing Financial Resources: - Compile, submit, monitor, and manage the approved Remuneration and Benefits budget.
- Ensure that the Remuneration and Benefits spend is in line with relevant legislation.
Managing Human Resources: - Develop and implement Remuneration and Benefits Strategy and Operational Plan.
- Performance manage Remuneration and Benefits Team.
- Develop and implement the Individual Development Plans where necessary for the Remuneration and Benefits Team.
Operational Support and Advice: - Recommend salary review guidelines to HR Leadership, EXCO, and Human Resource and Remuneration Committee.
- Facilitate the entire salary review process, including training, documentation, distribution, and consolidation of review spreadsheets.
- Prepare schedules for payroll upload and staff letters.
- Prepare salary review statistics, graphs, and cost analyses.
- Support the Group HR Manager in preparing submissions to the Executive Committee, Social Ethics Committee, and Remuneration Committee and Board of Directors.
- Communicate changes in legislative policies and facilitate changes appropriate to Company processes.
- Conduct ad-hoc internal and external benchmarking exercises as and when requested by management and leadership.
Management of Payroll and Maintenance of Human Resource Data Integrity and Reporting: - Maintain an effective and efficient relationship with external service providers by having up-to-date service level agreements in order to ensure improved total employee rewards for Icebolethu employees.
- Develop and implement effective payroll management procedures and systems.
- Manage payroll processes, administration of performance reviews, salary reviews, and incentive schemes.
- Optimize self-service/automated processes.
- Manage the benefits of the Company and continuously look at innovative ways to update/improve benefits offerings to employees.
- Ensure legislative tax and benefits compliance and ensure timely implementation in payroll.
- Oversee maintenance of high-level security and integrity of Human Resource Management Data system.
- Co-ordinate, prepare, and submit HR Reports for the attention of Group HR Manager.
- Address and effect corrective measures on identified Audit and operational risks.
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