Manager: Remuneration & Reward

Centurion, Gauteng, South Africa

Job Description

About the job Manager: Remuneration & Reward
Purpose of the Job: Reporting to the Head: People Management, the successful incumbent is responsible for the provision of a specialist consultancy and advisory service in the field of Remuneration and Reward to the organisation.
Key Performance Areas
Policy review and implementation

  • Contribute to the development and implementation of departmental policy, procedures and processes.
  • Keep up to date with effective policy and practice execution strategies.
Manage the implementation of RAF Remuneration and Reward Strategy including benefits
  • Participate in Annual Salary Surveys.
  • Benchmarking RAF jobs against the market to ensure that the RAF offers competitive market salaries.
  • Conduct research on best practice and new developments in the remuneration field.
  • Identify ways to attract and retain RAF employees.
  • Monitor the implementation of best practice (short and long-term reward strategies) for RAF including annual salary reviews and benefits.
  • Ensure a no-fault implementation of discretionary rewards.
  • Conduct salary and benefit surveys, conduct an analysis of the reports and make submissions to EXCO and REMCO.
  • Ensure ASA Mandate request is based on valid and credible market data and benchmarked information.
  • Manage the processing of annual Performance Related Pay and discretionary bonuses.
  • Conduct salary analysis for costings, forecasting, etc.
Manage and create awareness of remuneration and reward processes within the RAF
  • Ensure that RAF staff is informed on changes of remuneration and reward processes though the VC engagements, regional visits, workshops and roadshows
  • Facilitate training material for all Remuneration practices.
  • Facilitate resolving all remuneration queries.
Manage the development and Maintenance of the Remuneration Philosophy
  • Develop a remuneration philosophy consistent with the RAF EVP.
  • Make recommendations based on best practice.
  • Develop, implement and maintain pay differentiation.
  • Identify remuneration and reward risks and put in place mitigating strategies.
  • Develop standard operating procedures for remuneration and reward processes to ensure standardization on the implementation of processes.
  • Provide input into all remuneration and reward processes. Provide inputs on Annual Salary Adjustments, Annual Performance Bonuses, Pay Progression for Performance, Qualifications and Tenure, and Recognition System
  • Provide input to the Central Bargaining Council on Remuneration aspects.
Reporting
  • Prepare and submit reports as and when required to provide progress updates and/or inform management decisions.
  • Develop reports/ policies/ procedures and guide the process through the alignment of the documents to the overall RAFs Strategy.
  • Develop functional reporting systems for management, projects or performance reporting.
  • Prepare proposals, briefings, presentations, reports, and other documentation and provide management information both verbally and in report format.
Stakeholder Management
  • Facilitate and manage communication with relevant internal and external stakeholders in relation to investments and proactively and progressively manage the relationships.
  • Manage relationships with vendors, service providers or procurement teams and ensure that all relevant procured items are invoiced and paid on time.
  • Communicate with all levels of stakeholder contact.
  • Represent the Fund in relevant external activities and events.
People Management
  • Ensure the sourcing, development and retention of a high-performance team.
  • Manage the recruitment of the operational workforce in line with employment equity targets.
  • Manage staff in the department to ensure that they achieve their objectives in line with the strategic objectives of the RAF.
  • Manage the implementation of people management processes and procedures to control/regulate workplace conflict and/or institute corrective measures and consultation processes to address deviations from standards.
  • Allocate, direct, motivate and evaluate subordinates to help them achieve their individual goals.
Qualifications and Experience
  • Bachelors Degree/Advanced Diploma in Human Resource Management related qualification.
  • Post-Graduate Graduate in Human Resource Management qualification will be advantageous.
  • Active Global Remuneration Professional (GRP) Certification is Essential.
  • Professional Designation from SARA Reward Specialist or higher.
  • Relevant 6-8 years experience in the Remuneration and Reward environment, of which 2 years must have been on a management/supervisory level.
Technical and Behavioral Competencies Required
  • Resilience.
  • Communication.
  • Working with People.
  • Network and Alliances.
  • Planning, Organizing and Coordinating.
  • Employee Engagement.
  • Personal Mastery.
  • Judgement and Decision Making.
  • Ethics and Values.
  • Client Service Orientation.
  • Change management.
  • Coaching and mentoring.
  • Conflict management.
  • Critical and innovative thinking.
  • Direction setting.
  • Facilitation and Presentation Skills.
  • People management.
  • Policy conceptualization and formulation.
  • Risk Management.
  • Programme/project management.
  • Service Delivery Innovation.
  • Stakeholder development and relations.
  • Reporting.
  • Tax legislation.
  • Remuneration principles.
  • SAP ECM knowledge.
  • Computer literacy.
  • Analytical thinking.
  • Data orientation.
  • Excellent Numerical Ability.
  • Presentation Skills.
  • Survey and Benchmarking Methodologies.

Skills Required

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Job Detail

  • Job Id
    JD1544729
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Centurion, Gauteng, South Africa
  • Education
    Not mentioned