Manager: Remuneration and Reward

SUMMARY:
We are recruiting for a Manager: Remuneration and Reward role. 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. This is a permanent role, based in Centurion.

POSITION INFO:
Key responsibilities:
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.

• Participate in Annual Salary Surveys.
• Benchmarking internal jobs against the market to ensure that the organization offers competitive market salaries.
• Conduct research on best practice and new developments in the remuneration field.
• Identify ways to attract and retain organization employees.
• Monitor the implementation of best practice (short and long-term reward strategies) for the organization 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.

• Ensure that all 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.

• Develop a remuneration philosophy consistent with the organisation’s 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 standardisation 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.

• 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 organisational 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.

• 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.

• 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 organisation.
• 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.

• Bachelor’s Degree/Advanced Diploma in Human Resource Management related qualification.
• Postgraduate 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.