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Ops Spec: Reward

1 month ago


Centurion, South Africa BCXP Full time

Business unit, Department, Reporting
Business Unit
Human Resource
Department
Reward and Performance
Reports To

**Executive**: Reward
Grade
S6 Core Description
To develop, support and maintain the BCX Total Reward strategy and associated governance, aligned to BCX Reward policies and processes. Key Deliverables / Primary Functions
- Contribute to the development, implementation, and management of the BCX Total Reward framework and ensure adherence to internal Reward governance processes.
- Contribute to the realisation of Talent Acquisition, Management and Optimisation strategies, through the design of innovative Reward programmes, with support from the Executive: Reward, where required.
- Ensure compliance and alignment to BCX Reward policies and processes, and Group Reward policies and processes, where applicable.
- Support and manage the rollout of Reward Analytics frameworks to assess the performance and impact of the Reward and Performance function.
- Evaluate and report upon relevant Reward performance metrics, embedded in the Analytics framework, to provide recommendations and solutions that enable proactive course correction and/or optimisation, with respect to Reward imperatives.
- Support the submission of annual and ad-hoc remuneration surveys, leveraging data therefrom to draw upon general market / industry specific insights and provide recommendations relating to salary structuring and incentive design, to attract and retain top Talent.
- Provide Reward specific training to People Partners and Line Managers across BCX, regarding process, practices, and methodologies.
- Provide remuneration guidance and support, across the Remuneration value chain, to People Partners during annual salary increase, performance bonus and new hire cycles, to empower them to make informed Remuneration decisions.
- Provide specialist consultative guidance, where required, to BU employees on queries pertaining to the Total Reward offering.
- Support the review of Guaranteed Pay and Variable Pay imperatives to ensure BCX pays competitively in the market, while being cognisant of managing excessive employee staff costs.
- Research and benchmark Reward trends by analysing leading-edge thought leadership and remuneration data to develop insights that shape innovative Reward solutions, thus optimising the employee experience.
- Remain responsive to Reward audit and compliance requests, by ensuring that all processes, data, and audit trails remain transparent, up-to-date and can withstand scrutiny.

Core Functional Skills & Knowledge Data Analysis Data Governance Technical Report writing Attention to detail Creative Thinking Core Behavioural Competencies Culture Match Job Match Analysing Adhering to principles and values Planning & Organising Presenting and Communicating information Writing and Reporting Minimum Qualifications NQF 6: 3 year Degree/ Diploma/ National Diploma in Actuarial Science, Maths, Statistics or Human Resources OR NQF 4: Grade 12 Additional Education -Preferred /Advantage Experience Minimum 3 Years’ Experience in a Total Reward or Employee Benefits environment, within a large organisation.
Or If the highest qualification is grade 12, Minimum 5 Years’ Experience in a Total Reward or Employee Benefits environment, within a large organisation. Certifications WorldAtWork Certified Compensation Professional (CCP) WorldAtWork Global Remuneration Professional (GRP Professional Memberships in Relevant Industry SARA - South African Reward Association Level of Engagement & Span of Control
Span of Control
N/A
Level of Engagement
Engagement at all levels within BCX, and occasionally externally, in the case of needing to interact with external Salary Survey providers and third-party vendors. Special Requirements / Employment Condition Valid Drivers license Workplace / Physical Requirements Hybrid Remote Worker Non-Billable


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