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General Manager: Remuneration

1 month ago

Pretoria, South Africa Fempower Personnel Full time

Key Responsibilities

Develops, Implements, Maintains and Enforces the Remuneration & Benefits Strategy

Analyse the Corporate Plan and roadmap to understand the needs in terms of people issues to determine skills attraction and retention mechanisms

Conducts market research to be up to date and determine trends in Rewards Practices to support plans relating to:
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Key Responsibilities

Develops, Implements, Maintains and Enforces the Remuneration & Benefits Strategy

Analyse the Corporate Plan and roadmap to understand the needs in terms of people issues to determine skills attraction and retention mechanisms

Conducts market research to be up to date and determine trends in Rewards Practices to support plans relating to:

- Remuneration approaches
- Incentive schemes
- Benchmarking
- Job Evaluation
- Performance management
- Benefits

Develops Total Remuneration & Benefits Model

Pro-actively analyse industry trends and prompts to determine the influence; or receives and analyse a request for a model/ information to determine applicability

Collects raw data from information sources in relation to trends/ requests and compiles different scenarios to ensure that all possible variations are tested and generates predictions utilising the available information

**Creates models indicating all relevant information including**:

- Remuneration Models
- Pay Scales
- Incentives Model (Long Term and Short Term)
- Reward Models
- Benefits model

Reviews and reports on effectiveness of models

Develops and implements structures to monitor governance on Remuneration and benefits policies, processes and procedures

Analysis of policies, procedures, standards through audits and reviews to determine gaps, risks and potential areas of control required relating to Remuneration & Benefits

Compiles the comprehensive salary budget indicating the financial requirements of each division in accordance with the budgeting guidelines.

Submits the salary budget for approval in accordance with policies and procedures.

Receives the approved salary budget and communicate the figures to each division.

Manages and Conducts Salary Surveys and Remuneration Benchmarks

Identifies applicable surveys, in consultation with benchmarking partners, and participates in salary and labour market surveys to determine prevailing pay rates and benefits

Identifies and develops the appropriate benchmarks, elements and determinants in accordance with requirements

Adjusts current benchmarks in accordance with new information where required

Develops new benchmarks in accordance with the relevant data and obtain sign off

Manages Job Evaluation & Profiling

Maintains an accurate and up to date database of job evaluation results and validated results

Trains managers and HC Business Partners in effective job profile writing

Maintain a database of market aligned roles and job title list to minimize duplications of functions
- Incentive schemes
- Benchmarking
- Job Evaluation
- Performance management
- Benefits

Develops Total Remuneration & Benefits Model

Pro-actively analyse industry trends and prompts to determine the influence; or receives and analyse a request for a model/ information to determine applicability

Collects raw data from information sources in relation to trends/ requests and compiles different scenarios to ensure that all possible variations are tested and generates predictions utilising the available information

**Creates models indicating all relevant information including**:

- Remuneration Models
- Pay Scales
- Incentives Model (Long Term and Short Term)
- Reward Models
- Benefits model

Reviews and reports on effectiveness of models

Develops and implements structures to monitor governance on Remuneration and benefits policies, processes and procedures

Analysis of policies, procedures, standards through audits and reviews to determine gaps, risks and potential areas of control required relating to Remuneration & Benefits

Compiles the comprehensive salary budget indicating the financial requirements of each division in accordance with the budgeting guidelines.

Submits the salary budget for approval in accordance with policies and procedures.

Receives the approved salary budget and communicate the figures to each division.

Manages and Conducts Salary Surveys and Remuneration Benchmarks

Identifies applicable surveys, in consultation with benchmarking partners, and participates in salary and labour market surveys to determine prevailing pay rates and benefits

Identifies and develops the appropriate benchmarks, elements and determinants in accordance with requirements

Adjusts current benchmarks in accordance with new information where required

Develops new benchmarks in accordance with the relevant data and obtain sign off

Manages Job Evaluation & Profiling

Maintains an accurate and up to date database of job evaluation results and validated results

Trains managers and HC Business Partners in effective job profile writ

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