829) Reward Analyst
2 days ago
**Brief description**
To provide expert compensation and benefits consultative service within the South African Reserve Bank (the Bank) and provide fit-for-purpose solutions in respect of reward and analytics aligned to the Bank’s strategy.
**Detailed description**
- To support the Bank through the HRBPs in the development of fit for purpose solutions, policies, procedures and processes related to the Compensation and Benefits function.
- To implement the total reward strategy in support of the SARB’s recruitment, retention and performance management strategies.
- To provide analytical consultation services regarding compensation and benefits programmes in line with legislative requirements, organisational goals and compensation philosophy of the SARB.
- To benchmark compensation and benefit best practices, research, analyse and conduct salary and benefits surveys to ensure competitiveness in the attraction and retention of talent.
- To establish and manage relationships with key internal/ external stakeholders and service providers in order to ensure the provision of fit-for-purpose compensation and benefit solutions within the Bank.
- To facilitate job evaluation sessions to determine weights/evaluation of jobs for job grading, compensation, job design and/or organisation design.
- To provide management reports for effective decision making by relevant stakeholders and senior leadership.
- To participate in recognition agreements with the local union on reward issues when required.
- To prepare, execute, monitor and report on the departmental operational budgets to allow for efficient financial management within HRD.
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