Consultant - Global Compensation and Benefits.group
7 months ago
**Key Deliverables**
The Consultant, Global Compensation and Benefits will be accountable to achieve the following objectives:
**Strategy Development and Implementation**
- Contribute towards the creation of the Global Rewards Design sub-functional strategy for all aspects of compensation and benefits in line with the overarching business goals
- Provide input into the effective implementation of the strategy by means of providing specialist insight, direction, structure, frameworks, models, plans and roadmaps
- Provide support in regular review of the functional and departmental strategy and roadmap to ensure its alignment with the changing dynamics of the internal and external ecosystem
- Recommend new, relevant remuneration and benefits strategies /solutions to attract, motivate and retain future-fit skills to support the overarching business strategy
**Governance**
Strategic Meetings
- Provide input in strategic meetings
- Provide inputs into the enterprise wide transformation initiatives when required
- Provide inputs into the risk mitigation and controls
- Perform evaluation baseline of Service Level Agreements (SLAs) and key performance indicators (KPIs)
- Provide input into the preparation of proposal on change initiatives SLA, policies and procedures
Escalations
- Escalate issues that will result in severe time, scope, productivity, and cost or resource impact
- Provide solutions to escalations that have multiple processes / functions impact on critical path of service delivery
Function Tactical
- Provide input into all projects initiated (internal or global)
- Provide input into establishing objectives, targets and budgets for Global Rewards Design sub-function as applicable
- Identify and document key risks, issues and dependencies and set mitigation actions
- Prepare documentation required for sign-off / making decisions regarding tactical changes
Performance
- Ensure execution in alignment with functional and departmental strategy and plans
- Provide input into SLA approval and exception performance review
**Reporting**
- Report on a weekly and monthly basis to reporting manager relating to progress made within the function and in accordance with the measurement metrics set by the organisation
- Report on an ad hoc basis on specific projects as and when necessary
- Periodically review reports from the Opcos
**Budgets**
- Render support in managing budgets in line with overall functional budget and business objectives
- Render support in managing project initiative budgets in line with business objectives
- Estimate costs and compare budgets with actual expenses
**Operational Delivery**
Support Delivery Management
- Drive continuous improvement to ensure solutions for compensation and benefits are globally relevant and sustainable
- Identify opportunities for improvements to enhance the quality and effectiveness of the function across the organization
- Implement global compensation and benefits special projects and initiatives.
- On-board and develop strong working relationships with Manco Business Talent Partner and Opco HR teams to ensure successful execution and delivery thereof
- Provide training and consulting support to local Rewards specialists and Business Talent Partners, in order to ensure effective adoption and use of global rewards methods, practices and tools
- Liaise with external suppliers and consultants for outsourcing service provision and contract management
- Support and facilitate growth and innovation through internal networking, supporting new business proposals and presentations
Global Compensation & Benefits
- Support the design and maintenance of the Global Compensation & Benefits framework, templates, policy, guidelines and processes for MTN.
- Seek inputs and ensure alignment with HR and Business strategies as advised by business, regional talent partners and the Global HR Expertise Verticals
- Evaluating alternative frameworks and associated costs in order to recommend viable structures
- Evaluating the balance between human capital costs and talent attraction/retention goals
- Manage, maintain and cascade the global reward level policy, commensurate to the MTN job families and levels
- Advise Opcos Rewards team and Manco Business Talent Partners on effective localization of rewards programs and policies, e.g. salary models, incentive and benefits
- Devise the global benefit programs, salary programs, incentive structure, performance linked pay structures and other special payment plans for specific segments of the business, in conjunction with the Business and Regional Partners
- Develop and propose standardized compensation and benefits strategy for MTN’s Global Mobility Program by:
- Supporting compensation and benefits matrix for global mobility programs (short and long term) taking into consideration international cost of living indices, international taxation and the home/host country statutory laws for expat compensation structures
- Managing re
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