Roles & Responsibilities
- Responsible for designing and implementing all aspects of the employee rewards programs for South Africa, including compensation, benefits and short-term incentives. The incumbent will also, in partnership with the Global Rewards team, lead, review and design to ensure that the C&B practices of the organization are internally equitable, market competitive and aligned with the company's performance and affordability.
- The role will have a deep understanding of external best-practices and reward strategies combined with a track record of conceptualizing successful strategies, developing and leading action plans, and the ability to execute and operationalize in a scalable way to amplify Business productivity and sustain a high performing culture that attracts, motivates and retains talent.
- Work with Corporate Rewards on Benchmarking of salary/benefits data and participation in regular/industry/forum level surveys. Analyze and share reports/insights to Leadership/Top Management.
- Will work closely with HR leaders and C&B on promotions, market corrections, Geo mobility, other case etc. on the compensation related recommendations.
- Design and monitor the Benefits. Lead strategy and design to deliver quality benefit programs to remain competitive and cost-effective. In partnership with our brokers, participate in negotiation of agreements with insurance carriers and financial institutions for administration of benefits programs.
- Track and work on DEI, Pay Equity and Gender Pay analysis with the corporate Team.
- Calibrate with Corporate Regards on annual processes like Merit Increase, Bonus and Equity Grants. Evaluate effectiveness of STI (Bonus, P4P, sales Commission)/LTI (Equity) plans.
- Monitor, evaluate and design Hiring Ranges with Recruitment, HRBP and Business.
- Liaise with Compliance/Legal team and ensure compliance with regulations and company policies in compensation decisions.
- Design, upkeep and update C&B policies. Ensure effective and timely communications to employees.
- Partner with Global Rewards team to develop monthly/quarterly dashboards and analysis.
- Work closely with Corporate Rewards and finance team on Budgeting and Pricing of jobs.
- Manage the data processes required by internal and external sources, including resolving data errors and partnering with HR shared services as needed.
- Prepare reports and analysis of compensation data. Partner with HR Business Partners and Management to review findings and recommendations.
- Partner with other HR team members/leaders and functional areas to investigate and resolve escalated employee issues (Compensation matters).
- Collaborate with HRIS/HRSS/DHRO to maintain systems related to compensation and benefits administration.
Competencies, Skills and Values & Behavior
- Knowledge of the industry, local legislation and HR statutory compliances.
- Strong data acumen & decision-making ability.
- Relationship Management.
- Strategic and commercial thinking.
- Experience implementing cost-saving methods and improving operational efficiency.
- Ability to communicate in a clear and confident manner.
- Ability to elicit cooperation from teams, management, and external stakeholders.
- Experience building and cultivating effective working relationships with multiple stakeholders (internal & external).
- Effective conflict management and negotiation skills.
- Prior knowledge of Oracle Fusion and Power BI is must.
- Understanding of coding and languages like VBA, Python etc. preferred.
- Should be proficient with MS Excel, PowerPoint and Word.
- Prior experience in automation, implementation of tools and digital transformation.
- Analytical skills with ability to use data proactively to address opportunities.
- Understanding of tools like Tableau, Power BI, Qlik sense etc. is desired.
Minimum Requirements
- 15+ years’ experience in Compensation and Benefits with minimum 3-5 years of leading the function or Geo.
- Should have strong analytical and advanced Excel skills.
- Excellent written and verbal communication and influencing skills with strong presentation skills.
- Strong stakeholder relationships/other partnerships experience within a global setting.
- ITES/KPO/Analytics Industry background.
#J-18808-Ljbffr