Compensation and Benefits Review - Consultant at The Pharo Foundation

Overview

• Pharo Foundation seeks to engage an independent Compensation & Benefits (C&B) consultant to perform a swift, impartial, and market-benchmarked evaluation of all employee benefits across its operating regions. The consultant will provide recommendations for a new global benefits framework, organized by role tier, to be implemented starting January 2027.

Scope of Work (SoW)

The consultant’s scope will cover four workstreams as follows:

Job Grading and Job families (Tiers) Architecture

• Review and validate Pharo's existing job grading structure across all geographies.
• Propose a tiered benefits architecture of 3-5 bands aligned to role and compensation level.
• Benchmark against comparable international development organisations, and private sector employers operating in the same markets.

Medical Insurance

• Assess adequacy of current medical cover by country; identify gaps against market norms.
• Evaluate insurance market options per country, including group schemes and third-party administrator (TPA) models (e.g. Independent Fund models).
• Recommend a hybrid or fully insured structure that mitigates provider overcharging risk in lower-capacity markets.
• Advise on minimum cover standards by tier (inpatient, outpatient, maternity, dental, optical).

Pension & Retirement

• Review employer contribution rates by country against local market benchmarks.
• Model the cost-to-organisation of implementing employer contributions in non-mandated geographies.
• Advise on scheme structure, vesting, and portability across borders where relevant.

Allowances and other benefits

• Review current allowances (telephone, travel, school fees) by country and grade.
• Identify rationalisation opportunities and misalignments with market practice.
• Recommend a consolidated allowances policy by tier.

Deliverables

• Inception note confirming methodology, data requirements, and work plan - Within 5 days of engagement start
• Market benchmarking report: medical, pension, compensation and allowances by country - Week 3
• Draft tiered benefits framework with tiered band structure and costed options - Week 4
• Final report with recommended global benefits policy, implementation roadmap, and budget estimates - By end of August 2026
• Presentation to Talent & Compensation Committee - September 2026

Ideal Candidate

The ideal consultant should possess:

• Strong professional background in compensation and benefits management practise, methodology assessment and have a track record of successful implementation of similar assignments.
• Proven experience developing compensation and benefits frameworks.
• Demonstrated experience facilitating similar assignments in the past 5 -7 years.
• Familiarity with Human Resources practises aligned with compensation and benefits management within the context of international, multisectoral organisations.
• Strong stakeholder engagement, communication, and organizational skills
• Understanding of African labor market and legislative contexts is an added advantage
• Ability to work collaboratively with the client to deliver the assignment in a professional and timely manner.