Reward Analyst Mr Price Group
1 month ago
The purpose for the role is to conduct analyses and studies to support management in developing, recommending and administering effective compensation and benefits programmes in accordance with the organisation's reward strategy, philosophy & policies.
Qualifications: Degree or Diploma in HR, Remuneration/Compensation or related field.
3 -5 years’ experience in Compensation and Rewards or HR Data Analytics
Advanced Excel and Data Analytics Skills
GRP (Global Remuneration Professional) Certified (preferred).
Basic understanding of Human Capital Management and Payroll Systems.
Responsibilities: Total Remuneration Benchmarking & Analysis:
1. Participates in total remuneration surveys, model salary increases, collect internal and external data and conduct analyses to develop salary structures & ensure a competitive posture in the relevant market(s). Studies and analyses compensation programs for local nationals and/or international personnel to provide input into managerial decisions about the organisation's compensation and benefit programmes.
Job Evaluation:
1. Evaluates roles & prepares records of validity using established evaluation systems to provide a measurement tool for internal equity and external competitiveness. Assists business leaders with goal/role clarification to support organizational effectiveness.
Remuneration Analytics:
1. Identifies remuneration data patterns & trends to report on/provide insights that enhance business decision making capability & planning. Identifies areas of improvement & recommends enhancements to policies to ensure organisational competitiveness to the market.
Data Analytics:
Engage with Business to develop meaningful remuneration dashboards and comparative ratio reports.
Ensure that at all times data, information and analysis emanating from the Reward team is Timeous and Accurate.
Compile monthly reports.
Project Support:
Data analysis and support on reward projects. Scope dependent on project and tasks allocated with the project plan
Collaboration:
Effectively collaborate with Reward teams members and other departments/functions, i.e. HR Data team, Payroll and Finance to drive and deliver on the reward plans
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