Total Rewards Executive

2 weeks ago

Durban, South Africa Tych Business Solutions Full time

**Job ID**: 83890**Date Posted**: Posted 5 hours ago**Expiration date**: March 8, 2024**Location**: Durban**Job Title**: TOTAL REWARDS EXECUTIVE - DURBAN - KWAZULU NATAL

Main Responsibilities

(summarize in short sentences the key responsibilities and tasks that require 5% or more of the time of the incumbent)

Compensation Management:

- Develop and implement compensation strategies that align with the organization’s goals and objectives.
- Conduct market research and analysis to ensure the organization’s compensation packages are competitive.
- Manage the annual salary review process, including budgeting, analysis, and communication.
- Develop and maintain job descriptions and salary structures.

Payroll Management:

- Oversee the payroll process, ensuring accuracy and compliance with all relevant laws and regulations.
- Manage payroll vendors and systems, ensuring they meet the organization’s needs.
- Develop and maintain payroll policies and procedures.

Benefits Management:

- Develop and implement benefits strategies that support the organization’s goals and objectives.
- Manage the organization’s benefits programs, including health, retirement, and wellness programs.
- Conduct regular audits of benefits programs to ensure compliance with all relevant laws and regulations.

Data Analysis and Reporting:

- Analyze compensation and benefits data to identify trends and make informed decisions.
- Develop and maintain reports and dashboards to track key metrics and communicate results to senior leadership.

Compliance:

- Ensure compliance with all relevant laws and regulations related to compensation, payroll, and benefits.
- Stay up-to-date on changes in laws and regulations and make recommendations for changes to policies and procedures as needed.

Employee Communication:

- Develop and maintain communication strategies to ensure employees understand their compensation and benefits packages.
Provide guidance and support to employees on compensation and benefits-related questions and issues

Education and Qualification

(What is the minimum qualification or education that would be required for this role)
- Bachelor’s degree in Human Resources, Organisational Development, Business Administration, or a related field.

Knowledge and Skill

(what kind of knowledge and skill is required in this role - basic skills, technical skills, specialized, analytical)
- Communication: The ability to effectively convey information, ideas, and instructions to individuals and groups, both verbally and in writing.
- Interpersonal Skills: The ability to build and maintain positive relationships with colleagues, clients, and stakeholders.
- Leadership: The ability to inspire and motivate others to achieve common goals and objectives.
- Problem-Solving: The ability to identify and solve problems in a timely and effective manner.
- Time Management: The ability to manage one’s time effectively and prioritize tasks to meet deadlines.

Technical Skills:

- Certified Compensation Professional (CCP) or Certified Benefits Professional (CBP) designation preferred.
- Project Management: The ability to plan, execute, and monitor projects to achieve specific goals and objectives.
- Data Analysis: The ability to collect, analyze, and interpret data to make informed decisions and recommendations.

Specialized Skills:

- Organizational Development: The ability to develop and implement strategies and initiatives that support the growth and development of employees and the organization as a whole.
- Talent Attraction and Retention: The ability to attract and retain top talent by developing and implementing effective recruitment, onboarding, and retention strategies.
- Performance Management: The ability to manage employee performance by setting clear expectations, providing feedback, and evaluating performance.
- Change Management: The ability to manage change by identifying potential risks and challenges, communicating effectively, and supporting employees through the change process.

Analytical Skills:

- Critical Thinking: The ability to analyze information, identify patterns, and make logical decisions.
- Problem-Solving: The ability to identify problems, evaluate potential solutions, and implement effective solutions.
- Data Analysis: The ability to collect, analyze, and interpret data to make informed decisions and recommendations.
- Decision-Making: The ability to make decisions based on available information, considering potential risks and benefits.
- Strategic Thinking: The ability to think strategically and develop long-term plans and goals for the organization.
- Additional Skills:

- Adaptability: The ability to adapt to changing circumstances and environments.
- Teamwork: The ability to work effectively as part of a team, collaborating with others to achieve common goals and objectives.
- Creativity: The ability to think creatively and develop innovative solutions to problems.
- Emotional Intelligence: The ability

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