Senior Compensation

3 months ago

Johannesburg, South Africa M-KOPA Full time

We are seeking a dynamic Senior / Lead Human Resources Compensation & Benefits Specialist with a deep understanding of the Sub-Saharan African talent landscape coupled to experience in startup/scaleup culture.

The ideal person will possess strong analytical skills, a strategic mindset, and the ability to design competitive compensation and benefits packages that attract and retain top talent.

Familiarity with regional labour laws around renumeration and a passion for fostering a positive workplace culture are essential.

Join us in shaping the future of our organization

This is not a junior or mid level role. This is a Senior team role in a growing organisation.

Recognised twice by the Financial Times as one Africa's fastest growing company (2022 and 2023) and by TIME100 Most influential companies in the world 2023, we've served over 3 million customers, unlocking $1 billion in cumulative credit for the unbanked across Africa.

At M-KOPA, we empower our people to own their careers through diverse development programs, coaching partnerships, and on-the-job training. We support individual journeys with family-friendly policies, prioritize well-being, and embrace flexibility.

**_ It's an opportunity to work in a company where progress and humility are valued as highly as technical excellence? At M-KOPA we use the latest technologies and tools to build fantastic customer experiences with a socially and environmentally conscious mission that echoes throughout the organisation._**:
Our hiring process is as much about us selling to you as the other way round. Our hiring process is a series of meetings as follows;
- Recruiter call 30 mins - an introduction to the process and M-KOPA_
- Hiring Team call 45 mins - High level introductions, from the Hiring Manager_
- then typically;_
- Presentation or Task prepared at home_
- Task Deep Dive with a panel 90 mins - This is where most of the magic happens._
- Pre-Final 45 mins - meeting some peers and stakeholders_
- Final Interview - 30 mins_

Detailed overview

**Location**

South Africa, Kenya, UK

**Key Responsibilities**
- Oversee the development and execution of a comprehensive & standardized compensation structure across all functions, regions, and levels within the organization, including base pay, variable pay programs, sales incentives, long and short term incentive plans, stock options, and executive compensation.
- Liaise with senior leadership, and the Legal team on all legal issues relating to compensation & benefits, maintaining a working knowledge of local laws, customs, and practices influencing compensation and benefits.
- Provide relevant data and recommendations to guide decision-making related to compensation, org structure, attrition, promotions, and other people-related activities.
- Analyze trends in the business, economy, and employment marketplace to identify issues and opportunities to enhance global workforce planning strategies.
- Facilitate the process of job evaluation and salary surveys, advise on salary budgets, and prepare policies and procedures to ensure equitable and competitive employee compensation.
- Monitor and evaluate the company's benefits programs, ensuring they are globally aligned, locally relevant, cost-effective, flexible, consistently applied, and do not expose the company to undue risks.
- Lead on communicating the company compensation philosophy and framework to employee and manager groups and delivering associated training to all M-KOPAns
- Train regional and local People team members to adequately support global compensation, benefit, and reward programs.
- Manage vendor performance and relationships ensuring ROI.

**Requirements**:

- Progressive global HR experience with emphasis on specialist Compensation & Benefits roles.
- A passion for data-driven, People-centric, and business-oriented compensation philosophy & practices
- Experience within a remuneration and compensation environment in some of the countries where the company operates in Africa
- Ability to create effective working partnerships with key stakeholders
- Experience in a challenging, dynamic, and complex business environment with a focus on multiculturalism and internationalism
- Meaningful professional experience in HR with a focus on Compensation and Benefits in a leadership role.
- Ability to quickly build trust with staff, vendors, and partners
- Strong diplomatic and interpersonal skills with high levels of professionalism and integrity
- Proven experience conducting salary benchmarking using formal 3rd party data and conducting full job architecture and evaluation systems.
- Ability to plan and prioritize work under tight deadlines, work on own initiative, and as a member of a team
- Proven experience educating employees and managers about transparent compensation philosophy and framework

**Benefits**

At M-KOPA, we empower our people to own their careers through diverse development programs, coaching partnerships, and on-the-job trainin

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