Head of Group Total Rewards

2 weeks ago

Centurion, South Africa MMI Holdings Full time

-Introduction

Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations.

We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Metropolitan provides practical financial solutions for people, communities and businesses
Role Purpose

Provide strategic direction for the total reward function, with a view of ensuring the optimal execution of remuneration and employee benefits across the Group in line with MMH's employee value proposition.
Requirements
- Post-graduate degree in Human Resources or related field
- Remuneration Professional Certification (preferred)
- 8-10 years of reward experience, preferably within the Financial Services Industry
- 5 years of leadership experience
Duties & Responsibilities
- Develop, and drive the implementation of Total Reward strategies in the areas of remuneration, benefits, incentive plans, ensuring competitiveness to market and alignment with the MMH employee value proposition.
- Ensure Total Reward policies and practices are aligned with business objectives, and are compliant with applicable laws and regulations.
- Work together with the Group CEO and CFO to develop and drive the implementation of consistent and equitable remuneration plans, incentive structures and programs to support business objectives.
- Design and maintain best practice and competitive employee benefit offerings that enables MMH’s employee value proposition.
- Provide thought leadership on remuneration and employee benefits initiatives and trends.
- Participate in external remuneration surveys and manage the equitable internal and external benchmarking practice across MMH.
- Design or enhance Total Reward programs for MMH’s international businesses ensuring competitiveness and compliance within the relevant geographical area.
- Continuously evaluate the Total Reward service offering for external competitiveness, internal equity, and legal compliance and realign where necessary.
- Create platforms and forums that enable robust governance of Total Rewards decisions within MMH that align with best practice and legislative requirements.
- Oversee contracts and manage relationships with Total Rewards Consultants in line with preferential procurement principles.
- Align and integrate Total Reward solutions with other Human Capital practices.
- Drive effective communication around remuneration and benefits, incentive plans and other Total Reward solutions.
- Guide and advise business leaders and the Human Capital team on Total Reward solutions.
- Utilising data analytics to analyse internal Total Reward practices and leverage Total Rewards trends to propose new solutions to address gaps and challenges.
- Deliver relevant Total Reward reports and insights to senior management forums and committees.
- Ensure that remuneration programs are consistently designed, communicated, and administered in compliance with company policies.
Competencies
- Business Acumen
- Client/Stakeholder Commitment
- Drive for Results
- Leads Change and Innovation
- Motivating and Inspiring Team
- Strategic Thinking
- Collaboration
- Impact and Influence
- Self-Awareness and Insight
- Diversity and Inclusiveness
- Growing Talent
- Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

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